European transition toward climate neutrality: Is renewable energy fueling energy poverty across Europe?

Muhammad, Sulaman; Pan, Yanchun; Ke, Xiao; Agha, Mujtaba Hassan; Borah, Prasad Siba; Akhtar, Muhammad Hanif

doi:10.1016/j.renene.2023.03.090

Cited by 6 publications

(2 citation statements)

References 42 publications

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“…In order to achieve a swift transition to renewables, the EU and Member States are promoting renewable energy projects by providing companies with subsidies and incentives for power generation. However, these costs (or part of them) are transferred directly or indirectly to consumers, which can drive marginalised populations below the poverty line (Muhammad et al, 2023). This poses an additional challenge: how to boost the EU's energy transition without a public confrontation that would jeopardise climate goals and the cohesion of European society.…”

Section: Discussionmentioning

confidence: 99%

EU Green Transition in Times of Geopolitical Pressures: Accelerating or Slowing the Pace Towards Climate Neutrality?

Pérez de las Heras

2024

EJSD

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The current climate emergency and the war in Ukraine have placed climate action and energy security at the top of the EU’s agenda. The ‘Fit for 55’ legal package and REPowerEU Plan set out short- and medium-term measures to end EU dependence on Russian fossil fuels and address climate change. The new targets and policy instruments have the potential to accelerate decarbonization of the continent. However, from the perspective of the environment and social equity, serious concerns remain as to the sustainability of the transformation. For example, difficulties in achieving immediate independence from Russian fuels has led some EU countries to increase their use of coal. The accelerated roll-out of renewable energies has increased the demand for materials and land, sparking territorial conflicts and impacting biodiversity. Support from the Social Climate Fund will not meet all the demands of the most vulnerable sections of society for assistance with the costs derived from the energy transitions, such as cleaner heating systems and transport. This paper offers an overview of the EU’s new measures to step up the energy transformation and assesses them through the lens of environmental sustainability and fair transition. Keywords: renewable energy, energy autonomy, REPowerEU, fair transition

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Section: Discussionmentioning

confidence: 99%

EU Green Transition in Times of Geopolitical Pressures: Accelerating or Slowing the Pace Towards Climate Neutrality?

Pérez de las Heras

2024

EJSD

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“…For instance, energy poverty is initially negatively associated with renewable consumption. However, it reduces energy poverty when it becomes the economy's dominant energy source (Muhammad et al, 2023).…”

Section: Randd Globalization and Socio-economic Conditions For Green ...mentioning

confidence: 99%

Role of Research and Development Budgets and Socio-economic Conditions for Greener Energy Transition in Emerging Economies: Do Internal and external conflicts matter?

Pan,

Yang,

Luo

et al. 2024

Politicka ekonomie

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In the contemporary times, with the major conflict of the Russo-Ukrainian War, the global economies are facing several challenges and disputes in various economic, energy, and financial sectors. Still, policymakers and scholars are concerned about exploring factors affecting greener energy. The present study examines the impact of research and development (R&D) budgets, financial globalization and socio-economic conditions on greener energy adoption. Besides, this study considers the role of internal and external conflicts on greener energy adoption in the "Emerging Seven" economies during the period 1990-2020. Using various diagnostic and cointegration tests, the results revealed the presence of cross-sectional dependence, heterogeneous slopes and a longrun equilibrium relationship. This study employes panel quantile regression and finds that R&D budgets, financial globalization, socio-economic conditions and internal and external conflicts significantly promote greener energy adoption. Still, the influence of socio-economic conditions is inconsistent across quantiles. Using the autoregressive distributed lag model as a robustness measure, this study validates the positive impact of variables on greener energy adoption, except external conflicts. However, all the variables adversely influence greener energy adoption in the short run. The empirical results also validate bidirectional and unidirectional causal associations of the variables. Following the results, this study recommends further enhancement in the R&D budgets and financial globalization and limiting conflicts in emerging economies.

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The role of renewable energy policies in TACKLING energy poverty in the European UNION

Simionescu,

Radulescu,

Cifuentes-Faura

et al. 2023

Energy Policy

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European transition toward climate neutrality: Is renewable energy fueling energy poverty across Europe?

Cited by 6 publications

References 42 publications

EU Green Transition in Times of Geopolitical Pressures: Accelerating or Slowing the Pace Towards Climate Neutrality?

EU Green Transition in Times of Geopolitical Pressures: Accelerating or Slowing the Pace Towards Climate Neutrality?

Role of Research and Development Budgets and Socio-economic Conditions for Greener Energy Transition in Emerging Economies: Do Internal and external conflicts matter?

The role of renewable energy policies in TACKLING energy poverty in the European UNION

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