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.
Authors
- Alexandra Horobeţ (ORCID: https://orcid.org/0000-0001-5821-0244)
- Claudia Ogrean (ORCID: https://orcid.org/0000-0001-8986-4507)
- Mihaela Herciu (ORCID: https://orcid.org/0000-0001-9649-2043)
- Cristiana Doina Tudor (ORCID: https://orcid.org/0000-0001-6108-1666)
- Lucian Belaşcu (ORCID: https://orcid.org/0000-0002-7711-3746)
Institutions
- Lucian Blaga University of Sibiu (RO)
- Bucharest University of Economic Studies (RO)
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