The future of energy in the European Union: balancing renewable growth with globalization and digitalization

In a policy context established by the European Union’s 2050 net-zero aim, we explore the relevance of low-carbon and alternative renewable energy sources to carbon dioxide emissions in EU-27 countries. Renewable energy, particularly hydro and wind, reduces CO2 emissions, making it the best source for decarbonization. Globalization and Internet use, by contrast, raise emissions, posing a significant challenge for the EU-27. The transformation of the EU-27 countries’ energy mix is a complex endeavour due to the diversity of their energy systems and economic development levels, but we see three fundamental directions for this happening: continuing the progress towards a low-carbon society while also considering climate risk analysis; accelerating the energy transition by taking collective and bold action to meet the established goals; and implementing effective energy policies in the deployment of renewable energy.

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Publication Details

Journal
Journal of Applied Economics
Published
2025-08-20
DOI
https://doi.org/10.1080/15140326.2025.2548821
Citations
6
Primary Topic
Energy, Environment, Economic Growth
Type
article
Field-Weighted Citation Impact
18.79
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article

The future of energy in the European Union: balancing renewable growth with globalization and digitalization

Alexandra Horobeţ, Claudia Ogrean, Mihaela Herciu, Cristiana Doina Tudor et al.
6 citations
Journal of Applied Economics
Energy, Environment, Economic Growth
18.79
article

The future of energy in the European Union: balancing renewable growth with globalization and digitalization

Alexandra Horobeţ, Claudia Ogrean, Mihaela Herciu, Cristiana Doina Tudor, Lucian Belaşcu
article en
6 citations

Abstract

In a policy context established by the European Union’s 2050 net-zero aim, we explore the relevance of low-carbon and alternative renewable energy sources to carbon dioxide emissions in EU-27 countries. Renewable energy, particularly hydro and wind, reduces CO2 emissions, making it the best source for decarbonization. Globalization and Internet use, by contrast, raise emissions, posing a significant challenge for the EU-27. The transformation of the EU-27 countries’ energy mix is a complex endeavour due to the diversity of their energy systems and economic development levels, but we see three fundamental directions for this happening: continuing the progress towards a low-carbon society while also considering climate risk analysis; accelerating the energy transition by taking collective and bold action to meet the established goals; and implementing effective energy policies in the deployment of renewable energy.

Journal of Applied EconomicsVol. 28(1)
Lucian Blaga University of Sibiu (RO), Bucharest University of Economic Studies (RO)
Affordable and clean energy
Openalex Percentile: Top 1%
Energy, Environment, Economic Growth
18.79
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The future of energy in the European Union: balancing renewable growth with globalization and digitalization — Alexandra Horobeţ, Claudia Ogrean, et al. · Journal of Applied Economics (2025) | TGRS Research Map | TGRS