CONTRIBUTION OF RENEWABLE ENERGY TO CLIMATE CHANGE MITIGATION IN EU: THE CASE OF ROMANIA

For the European Union, the advancement of renewable energy is a priority primarily due to climate change mitigation measures, but also because it can be easily identified and exploited while assuring the sustainable development across EU. Under the Green Deal ambitions UE aims to gradually reduce g...

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Main Author: PAUL CALANTER
Format: Article
Language:English
Published: Nicolae Titulescu University 2024-06-01
Series:Global Economic Observer
Subjects:
Online Access:http://www.globeco.ro/wp-content/uploads/vol/split/vol_12_no_1/geo_2024_vol12_no1_art_006.pdf
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author PAUL CALANTER
author_facet PAUL CALANTER
author_sort PAUL CALANTER
collection DOAJ
description For the European Union, the advancement of renewable energy is a priority primarily due to climate change mitigation measures, but also because it can be easily identified and exploited while assuring the sustainable development across EU. Under the Green Deal ambitions UE aims to gradually reduce greenhouse gas emissions, especially carbon dioxide, to limit climate change and to achieve climate neutrality by 2050. Renewable energy plays a key role in this regard. In 2022, Romania had a significant share of energy from renewable sources. Also, forecasts indicate that Romania has onshore wind capacity that could generate twice as much electricity as current consumption. The following paper aims to carry out an analysis of Romania's progress in the field of renewables. The research is based on the challenges and opportunities for the development of renewable energy while also highlighting, the particularities of Romania in terms of the adoption of renewable energy practices and emphasizing the strengths and weaknesses that Romania has in this domain. Our main finding shows that while in Romania has been significant progress in terms of renewable energy, there is still untapped capacity in the field requiring for more actions from the Romanian authorities and business environment.
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spelling doaj-art-a5e271563ad44b7cbd339bf02797c9c02025-08-20T04:02:37ZengNicolae Titulescu UniversityGlobal Economic Observer2343-97422343-97502024-06-011216574CONTRIBUTION OF RENEWABLE ENERGY TO CLIMATE CHANGE MITIGATION IN EU: THE CASE OF ROMANIAPAUL CALANTER0Institute for World Economy, Romanian Academy 13 September Street, No. 13th, Bucharest, ROMANIA, paul.calanter@yahoo.com, https://iem.ro/ For the European Union, the advancement of renewable energy is a priority primarily due to climate change mitigation measures, but also because it can be easily identified and exploited while assuring the sustainable development across EU. Under the Green Deal ambitions UE aims to gradually reduce greenhouse gas emissions, especially carbon dioxide, to limit climate change and to achieve climate neutrality by 2050. Renewable energy plays a key role in this regard. In 2022, Romania had a significant share of energy from renewable sources. Also, forecasts indicate that Romania has onshore wind capacity that could generate twice as much electricity as current consumption. The following paper aims to carry out an analysis of Romania's progress in the field of renewables. The research is based on the challenges and opportunities for the development of renewable energy while also highlighting, the particularities of Romania in terms of the adoption of renewable energy practices and emphasizing the strengths and weaknesses that Romania has in this domain. Our main finding shows that while in Romania has been significant progress in terms of renewable energy, there is still untapped capacity in the field requiring for more actions from the Romanian authorities and business environment.http://www.globeco.ro/wp-content/uploads/vol/split/vol_12_no_1/geo_2024_vol12_no1_art_006.pdfeuromaniarenewable energyclimate change mitigationpublic policiesgreenhouse gas emissions
spellingShingle PAUL CALANTER
CONTRIBUTION OF RENEWABLE ENERGY TO CLIMATE CHANGE MITIGATION IN EU: THE CASE OF ROMANIA
Global Economic Observer
eu
romania
renewable energy
climate change mitigation
public policies
greenhouse gas emissions
title CONTRIBUTION OF RENEWABLE ENERGY TO CLIMATE CHANGE MITIGATION IN EU: THE CASE OF ROMANIA
title_full CONTRIBUTION OF RENEWABLE ENERGY TO CLIMATE CHANGE MITIGATION IN EU: THE CASE OF ROMANIA
title_fullStr CONTRIBUTION OF RENEWABLE ENERGY TO CLIMATE CHANGE MITIGATION IN EU: THE CASE OF ROMANIA
title_full_unstemmed CONTRIBUTION OF RENEWABLE ENERGY TO CLIMATE CHANGE MITIGATION IN EU: THE CASE OF ROMANIA
title_short CONTRIBUTION OF RENEWABLE ENERGY TO CLIMATE CHANGE MITIGATION IN EU: THE CASE OF ROMANIA
title_sort contribution of renewable energy to climate change mitigation in eu the case of romania
topic eu
romania
renewable energy
climate change mitigation
public policies
greenhouse gas emissions
url http://www.globeco.ro/wp-content/uploads/vol/split/vol_12_no_1/geo_2024_vol12_no1_art_006.pdf
work_keys_str_mv AT paulcalanter contributionofrenewableenergytoclimatechangemitigationineuthecaseofromania