Asymmetric Effects of Energy Management Variables on the Economic Growth of the European Union (2010-2019) DOI Open Access
László Török

Published: June 9, 2023

The economic downturn caused by the financial crisis of 2008-2009 and intensifying glob-al climate policy trends forced changes in energy management European Union. study examined how most relevant variables affected growth EU between 2010-2019. relationship GDP (dependent variable) consumption, greenhouse gas emissions, average price, renewable use (independent variables) using PSL-PM methodology. results show an asymmetric picture because independent influenced eco-nomic period with different correlations strengths. One significances is that presented analyzed variables, as well relationships them, can contribute to optimization EU's currently critical growth.

Language: Английский

Sustainable Energy Development: History and Recent Advances DOI Creative Commons
Joseph Akpan, Oludolapo Akanni Olanrewaju

Energies, Journal Year: 2023, Volume and Issue: 16(20), P. 7049 - 7049

Published: Oct. 11, 2023

Sustainable energy development (SED) is a crucial component of the Development Goals (SDG), aiming to maintain economic and social progress while protecting environment mitigating climate change’s effects. SED serves as transition paradigm for sustainable development, providing blueprint peace prosperity people all uses. This article presents history then uses critical discourse approach summarize existing review studies in SED. Ten interlinked themes are identified, with two them considered be among least studied reviews current global discussion around change. study explores these themes, which include financing need 100% renewable (RE), sub-theme decarbonization strategy working towards 1.5–2.0 °C scenario. The suggests that G20 countries’ contributions, if maintained continuously per annum, addition 80% more funding from private investment compared amount 1.5 scenario financial requirements clean energy, sufficient limit warming. In present drive RE, also discusses emerging issues, such storage options an indication hydrogen most promising, other energy-related agendas, regional security stability prevent wars. Selected strategies presented across power, transport, building, industrial sectors. concludes directions future research, mainly re-defining nationally determined contribution (NDC) through emissions budgeting centralized or stock-taking

Language: Английский

Citations

23

Asymmetric Effects of Energy Management Variables on the Economic Growth of the European Union (2010-2019) DOI Open Access
László Török

Published: June 9, 2023

The economic downturn caused by the financial crisis of 2008-2009 and intensifying glob-al climate policy trends forced changes in energy management European Union. study examined how most relevant variables affected growth EU between 2010-2019. relationship GDP (dependent variable) consumption, greenhouse gas emissions, average price, renewable use (independent variables) using PSL-PM methodology. results show an asymmetric picture because independent influenced eco-nomic period with different correlations strengths. One significances is that presented analyzed variables, as well relationships them, can contribute to optimization EU's currently critical growth.

Language: Английский

Citations

2