The current paradigm of the EU energy system and its impact on the sustainability of member states’ economies by 2050
In a context of multi-crises, as well as the challenges of both the medium and long term, associated with elements highlighted by the transformation of the EU energy system, we appreciate that not only is it a very difficult time to overcome efficiently and balanced EU Member States, but above all i...
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| Format: | Article |
| Language: | English |
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Frontiers Media S.A.
2022-11-01
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| Series: | Frontiers in Environmental Science |
| Subjects: | |
| Online Access: | https://www.frontiersin.org/articles/10.3389/fenvs.2022.967503/full |
| _version_ | 1811180094858723328 |
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| author | Long Zhao Otilia Manta Iuliana Militaru Ovidiu Folcut |
| author_facet | Long Zhao Otilia Manta Iuliana Militaru Ovidiu Folcut |
| author_sort | Long Zhao |
| collection | DOAJ |
| description | In a context of multi-crises, as well as the challenges of both the medium and long term, associated with elements highlighted by the transformation of the EU energy system, we appreciate that not only is it a very difficult time to overcome efficiently and balanced EU Member States, but above all it is a time to activate research systems on identifying key solutions, as well as firm decisions at the level of decision-making institutions at the level of the European Institutions. Moreover, based on the latest European studies, systematic testing of ongoing initiatives can strategically prepare for an increase in the resilience of Member States’ economies to crisis shocks, as well as “the key to success Europe’s ecological transformation and climate neutrality of the EU economy in a broader sense.” The paper aims to highlight how to act at European level in the context of the latest energy decisions (regulations, strategies, pro-grams and directives) and how to stimulate “the EU economy with about 3.3% of EU GDP or EUR 464 billion in 2030 and up to EUR 5.6% or more than EUR 1 trillion in 2050.” At the same time, we appreciate that as a result of green energy, digitalization and technology, the environmental objective on the EU and UN net emissions in 2050 can be achieved, especially as a result of a fair and equitable transformation for the economic environment and for citizens, being an objective that directly contributes to achieving a sustainable, collaborative and prosperous society with an open and modern society, but more chosen efficiently in terms of resource optimization and a sustainable and competitive economy. |
| first_indexed | 2024-04-11T06:45:47Z |
| format | Article |
| id | doaj.art-662081b4260e496a9cc870273547c103 |
| institution | Directory Open Access Journal |
| issn | 2296-665X |
| language | English |
| last_indexed | 2024-04-11T06:45:47Z |
| publishDate | 2022-11-01 |
| publisher | Frontiers Media S.A. |
| record_format | Article |
| series | Frontiers in Environmental Science |
| spelling | doaj.art-662081b4260e496a9cc870273547c1032022-12-22T04:39:22ZengFrontiers Media S.A.Frontiers in Environmental Science2296-665X2022-11-011010.3389/fenvs.2022.967503967503The current paradigm of the EU energy system and its impact on the sustainability of member states’ economies by 2050Long Zhao0Otilia Manta1Iuliana Militaru2Ovidiu Folcut3Department of Economics and Management, Guangling College of Yangzhou University, Yangzhou, ChinaResearch Department, Romanian American University, Bucharest, RomaniaDepartment of Finance, Credit and Accounting, Romanian-American University, Bucharest, RomaniaDepartment of Trade, Economic Integration and Business Administration, Romanian-American University, Bucharest, RomaniaIn a context of multi-crises, as well as the challenges of both the medium and long term, associated with elements highlighted by the transformation of the EU energy system, we appreciate that not only is it a very difficult time to overcome efficiently and balanced EU Member States, but above all it is a time to activate research systems on identifying key solutions, as well as firm decisions at the level of decision-making institutions at the level of the European Institutions. Moreover, based on the latest European studies, systematic testing of ongoing initiatives can strategically prepare for an increase in the resilience of Member States’ economies to crisis shocks, as well as “the key to success Europe’s ecological transformation and climate neutrality of the EU economy in a broader sense.” The paper aims to highlight how to act at European level in the context of the latest energy decisions (regulations, strategies, pro-grams and directives) and how to stimulate “the EU economy with about 3.3% of EU GDP or EUR 464 billion in 2030 and up to EUR 5.6% or more than EUR 1 trillion in 2050.” At the same time, we appreciate that as a result of green energy, digitalization and technology, the environmental objective on the EU and UN net emissions in 2050 can be achieved, especially as a result of a fair and equitable transformation for the economic environment and for citizens, being an objective that directly contributes to achieving a sustainable, collaborative and prosperous society with an open and modern society, but more chosen efficiently in terms of resource optimization and a sustainable and competitive economy.https://www.frontiersin.org/articles/10.3389/fenvs.2022.967503/fullclimate neutralityenergy systemcompetitivenesssustainabilitycollaborative economy |
| spellingShingle | Long Zhao Otilia Manta Iuliana Militaru Ovidiu Folcut The current paradigm of the EU energy system and its impact on the sustainability of member states’ economies by 2050 Frontiers in Environmental Science climate neutrality energy system competitiveness sustainability collaborative economy |
| title | The current paradigm of the EU energy system and its impact on the sustainability of member states’ economies by 2050 |
| title_full | The current paradigm of the EU energy system and its impact on the sustainability of member states’ economies by 2050 |
| title_fullStr | The current paradigm of the EU energy system and its impact on the sustainability of member states’ economies by 2050 |
| title_full_unstemmed | The current paradigm of the EU energy system and its impact on the sustainability of member states’ economies by 2050 |
| title_short | The current paradigm of the EU energy system and its impact on the sustainability of member states’ economies by 2050 |
| title_sort | current paradigm of the eu energy system and its impact on the sustainability of member states economies by 2050 |
| topic | climate neutrality energy system competitiveness sustainability collaborative economy |
| url | https://www.frontiersin.org/articles/10.3389/fenvs.2022.967503/full |
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