European Union energy policy for sustainable development Nonlinear distribution proposed for EU’s 20-20-20 energy goals
Abstract
There is worldwide concern for the high consumption of energy from fossil fuels, the limited fossil fuel resources, the climate change and global warming and their possible long-term consequences and the population growth. Even more when energy is the main intermediate good necessary for economic growth and development in any country. This usually translates into better quality of life, and thereby, higher primary energy consumption in all sectors, transport, industry, services, household, etc. In this context, the European Union (EU) seeks to reach a balance between sustainable development, competitiveness and secure supply. The current EU energy policy is based on three interrelated pillars or basic goals: the promotion of energy efficiency, the application of greenhouse gas mitigation policies and the increase of share of energy from renewable energy sources. In this paper, a methodology for nonlinear distribution of dynamic targets is proposed and applied to EU energy policy goals.Downloads
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