The European Dilemma—Energy Security or Green Transition

Author:

Joița Diana1ORCID,Panait Mirela23ORCID,Dobrotă Carmen-Elena34ORCID,Diniță Alin5ORCID,Neacșa Adrian15ORCID,Naghi Laura Elly6ORCID

Affiliation:

1. School of Advanced Studies of the Romanian Academy (SCOSAAR), 050711 Bucharest, Romania

2. Department of Cybernetics, Economic Informatics, Finance and Accounting, Petroleum-Gas University of Ploiesti, 100680 Ploiesti, Romania

3. Institute of National Economy, Romanian Academy, 010374 Bucharest, Romania

4. Faculty of Business and Administration, University of Bucharest, 030018 Bucharest, Romania

5. Department of Mechanical Engineering, Petroleum-Gas University of Ploiesti, 100680 Ploiesti, Romania

6. Department of Finance, Bucharest University of Economic Studies, 010374 Bucharest, Romania

Abstract

The energy transition is a subject of significant interest in the countries of the European Union, and the involvement of public authorities is remarkable. Unlike previous energy transitions, this process is politically driven, the efforts of public authorities being secondary to the actions of companies whose guidelines are based on stability at the European level through strategies and directives. This paper aims to provide an overview of the current evolution of energy security status in the European Union and in Romania, with reference to global efforts to achieve climate neutrality through the energy transition. The historical method was used in the elaboration of the material, in order to outline the current energy security policies in terms of sustainability, both environmental and social. The logical method was used in order to emphasize the cause–effect relationship between economic processes in the energy sector. The use of bibliometric analysis demonstrated the importance of the topic of energy transition in scientific literature, but it also demonstrated the increasing interest of researchers in subjects related to energy security and energy poverty in the context of this new transition. By using the graphical method, statistic data and their evolution were highlighted in detail for the present study. The results of the articles are embodied in an approach that aims to focus on economic and social factors that determine the capacity of states to support the EU’s independence from a single supplier in the current context of conflict. The authors conclude by anticipating massive challenges in achieving the environmental objectives of the European Green Deal, as well as by highlighting the issue of energy poverty as a social factor influencing global strategic decisions.

Publisher

MDPI AG

Subject

Energy (miscellaneous),Energy Engineering and Power Technology,Renewable Energy, Sustainability and the Environment,Electrical and Electronic Engineering,Control and Optimization,Engineering (miscellaneous),Building and Construction

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