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Energy Transition in European Union—Challenges and Opportunities

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Energy Transition

Part of the book series: Industrial Ecology ((IE))

Abstract

The energy topic is essential for the present period, but especially for the future. The amount of energy required, year by year, globally is increasing and become expensive to be produced. The current challenges are related to the health crisis generated by the COVID-19 pandemic, increasing energy prices, rising greenhouse gas emissions but with a major effect on global warming, promoting the new industry Industry 5.0 and the Digital Age through worldwide economy, a possible global power outage, food crisis, the massive increase in the world's population, the extinction of some species of animals and birds, the massive pollution of water, air and soil, the huge volume of waste of all kinds but especially household, depletion of conventional resources. The solution to these problems is answered through a responsible, mature and attentive attitude towards the environment, in relation to the respect that humanity must have for the legacy it must leave to future generations. This requires a rapid and efficient intervention of international, national, regional and local authorities but also a change in the attitude of each person towards nature. Urgent and effective measures are necessary and mandatory, sustainable development strategies can save the planet from extinction. Because energy is at the heart of everything that happens on the planet, permanent concerns for how to produce, use and save energy is a top priority for everyone. Knowing and informing people about how energy issues are handled by the authorities will help to the understand and solving many difficult situations that humanity may face in the near or distant future. This paper aims to identify the main steps taken at EU level in the process of energy transition, the authors emphasizing the special involvement of public authorities trying to shape the behavior of companies and consumers, given the complexity of the phenomenon and its importance in creating a low carbon economy.

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Authors and Affiliations

  1. Petroleum Gas University of Ploiesti, Ploiesti, Romania

    Catalin Popescu

  2. Institute of National Economy, Romanian Academy, Bucharest, Romania

    Mirela Panait

  3. University of Salerno, Salerno, Italy

    Maria Palazzo & Alfonso Siano

Authors
  1. Catalin Popescu
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  2. Mirela Panait
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  3. Maria Palazzo
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  4. Alfonso Siano
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Corresponding author

Correspondence to Mirela Panait .

Editor information

Editors and Affiliations

  1. School of Management and Engineering, Xuzhou University of Technology, Xuzhou, Jiangsu, China

    Syed Abdul Rehman Khan

  2. Cybernetics, Economic Informatics, Finance and Accounting Department, Petroleum - Gas University of Ploieşti, Ploieşti, Romania

    Mirela Panait

  3. Business, University of A Coruña, A Coruña, Spain

    Felix Puime Guillen

  4. Business (Entrepreneurship), Universiti Brunei Darussalam, Bandar Seri Begawan, Brunei Darussalam

    Lukman Raimi

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Popescu, C., Panait, M., Palazzo, M., Siano, A. (2022). Energy Transition in European Union—Challenges and Opportunities. In: Khan, S.A.R., Panait, M., Puime Guillen, F., Raimi, L. (eds) Energy Transition. Industrial Ecology. Springer, Singapore. https://doi.org/10.1007/978-981-19-3540-4_11

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