Analysis of the Potential Management of the Low-Carbon Energy Transformation by 2050

Abstract

Establishing conditions that meet climate requirements should be one of the most important goals of the whole world in order to protect against the negative effects of climate change. Without cooperation and considerable commitment from everyone, it is possible that these negative effects will worsen. The implementation of the Energy Policy from now until 2050 should facilitate the transformation of the coal-based power system toward a more sustainable and diversified mix of energy sources. Financial investments in the countries analyzed in this paper create real opportunities and changes for the transition toward renewable energy sources (RES), but there is criticism concerning the insufficient speed of change and the costs of the transformation for society. The dominant emphasis on the optimum selection of energy sources creates conflicts, especially in democratic decision-making. Resource management is both incremental and participatory, and while decisions are strongly based on science, the decision-making process is rarely rational or comprehensive. It is difficult to estimate environmental costs, especially because there is no method for comparing the many criteria between the different energy sources since there are differences in the energy efficiency results obtained in different areas. Public opinion is of great importance and it has a huge influence on the development of the development strategies and policies that are undertaken. Therefore, as part of our analysis, we conducted research using a questionnaire to obtain opinions on fundamental issues regarding the climate and energy strategies that have been adopted in the EU. This was important for achieving the main goal of this article, which is a multidimensional analysis of activities aimed at adapting the national economy to the EU strategies that are responsible for reaching the energy and climate goals by 2050. The low-emission energy transformation is aimed at introducing significant changes for the entire economy while at the same time ensuring the implementation of the so-called European triad of goals (energy security, energy competitiveness and climate protection), which often contradict each other in practice.