Energy convergence of the European Union toward 2020

The European Union set three goals (for energy efficiency, share of renewable energy sources, and greenhouse gas emissions) in the Energy 2020 document emphasising the importance of joint actions. This study investigates the 28 members’ progression in the light of these commitments, between 2001 and...

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Main Author: Tekla Sebestyén Szép
Format: Article
Language:ces
Published: University of South Bohemia 2016-12-01
Series:DETUROPE
Subjects:
Online Access:http://www.deturope.eu/file_download.php?type=2&item=161
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author Tekla Sebestyén Szép
author_facet Tekla Sebestyén Szép
author_sort Tekla Sebestyén Szép
collection DOAJ
description The European Union set three goals (for energy efficiency, share of renewable energy sources, and greenhouse gas emissions) in the Energy 2020 document emphasising the importance of joint actions. This study investigates the 28 members’ progression in the light of these commitments, between 2001 and 2012. Applying the methodology of sigma and beta convergence, we prove the convergence progress across the member states, but the result of gamma convergence modifies it: we conclude that differences remained in the European Union between 2001 and 2012 but the extent of the differences decreased significantly. The renewables ratio shows the fastest convergence rate. With energy intensity and emissions these positive processes are affected negatively by the financial crisis, causing temporary divergence. Calculating convergence clubs raises awareness of differences between the old and new member states.
format Article
id doaj-art-7536571adeaf4267ba814a95c9732849
institution Kabale University
issn 1821-2506
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publisher University of South Bohemia
record_format Article
series DETUROPE
spelling doaj-art-7536571adeaf4267ba814a95c97328492025-02-02T21:00:15ZcesUniversity of South BohemiaDETUROPE1821-25062016-12-018388107Energy convergence of the European Union toward 2020Tekla Sebestyén Szép0Institute of World and Regional Economics, Faculty of Economics, University of MiskolcThe European Union set three goals (for energy efficiency, share of renewable energy sources, and greenhouse gas emissions) in the Energy 2020 document emphasising the importance of joint actions. This study investigates the 28 members’ progression in the light of these commitments, between 2001 and 2012. Applying the methodology of sigma and beta convergence, we prove the convergence progress across the member states, but the result of gamma convergence modifies it: we conclude that differences remained in the European Union between 2001 and 2012 but the extent of the differences decreased significantly. The renewables ratio shows the fastest convergence rate. With energy intensity and emissions these positive processes are affected negatively by the financial crisis, causing temporary divergence. Calculating convergence clubs raises awareness of differences between the old and new member states.http://www.deturope.eu/file_download.php?type=2&item=161energyenergy intensityrenewablesgreenhouse gas emissionsconvergenceEnergy 2020 strategyEuropean Union
spellingShingle Tekla Sebestyén Szép
Energy convergence of the European Union toward 2020
DETUROPE
energy
energy intensity
renewables
greenhouse gas emissions
convergence
Energy 2020 strategy
European Union
title Energy convergence of the European Union toward 2020
title_full Energy convergence of the European Union toward 2020
title_fullStr Energy convergence of the European Union toward 2020
title_full_unstemmed Energy convergence of the European Union toward 2020
title_short Energy convergence of the European Union toward 2020
title_sort energy convergence of the european union toward 2020
topic energy
energy intensity
renewables
greenhouse gas emissions
convergence
Energy 2020 strategy
European Union
url http://www.deturope.eu/file_download.php?type=2&item=161
work_keys_str_mv AT teklasebestyenszep energyconvergenceoftheeuropeanuniontoward2020