Contribution of the European Bioeconomy Strategy to the Green Deal Policy: Challenges and Opportunities in Implementing These Policies

The analysis of the key factors which prevent or contribute to the promotion and development of power purchase agreements (PPAs) in order to meet sustainability goals represents an important issue which is worth being investigated, especially given the situation which is entered into considering the bilateral relations inside this contract, which is meaningful to achieving new climate targets, developing and improving the use of green energy, and promoting a sustainable green economy. The main goal of this research is to identify and analyse the main factors which either help or prevent the promotion and development of a PPA in order to meet sustainability goals by promoting a green economy. For this research, a survey based on comparative analysis, questionnaires and interviews with energy experts, Spearman’s correlation matrix, and IBM SPSS Statistics for Windows are used. The results suggest that although there is a positive interest in and an open attitude towards PPA on both sides (sellers and buyers), there is still room for improvement; the lack of knowledge or insufficient measures taken so far are two of the reasons why, until now, in Romania, no PPA market has been developed, and the level of knowledge regarding this type of mechanism is quite low.

Section: Power Purchase Agreement In the Scientific Literaturementioning

confidence: 99%

Identification and Analysis of the Key Factors That Influence Power Purchase Agreements on the Road to Sustainable Energy Development

Tantau,

Niculescu,

Fratila

et al. 2024

“…To overcome the above challenges, it is necessary to create a resource-efficient and competitive economy. This is stated in the European Union Deal [1][2][3]. According to the European Green Deal, by 2030, it is necessary to reduce greenhouse gas emissions by up to 55% (compared to 1990) and ensure sustainable economic growth without increasing the use of fossil fuel resources.…”

Section: Introductionmentioning

confidence: 99%

European Green Deal: The Impact of the Level of Renewable Energy Source and Gross Domestic Product per Capita on Energy Import Dependency

Kukharets,

Hutsol,

Kukharets

et al. 2023

The level of renewable energy use and economic development of a country, as separate indicators, have an influence on the level of energy resource imports, but the mutual impact of renewable energy sources and gross national product on the growth or decrease of energy imports dependency have not been studied. Therefore, the aim of this study was to evaluate the energy security of European countries by taking into account the consumption of renewable energy sources and the economic development of the countries. In particular, the article examines the relationship between energy import dependency, gross domestic product (per capita), and renewable energy sources in 27 countries in the European Union. Regression analysis of data on EU countries for 11 years (from 2011 to 2021) was used to determine the non-linear influence of gross domestic product and renewable energy use on energy import dependency. This influence was simulated by a second-order regression equation. The analysis of the equation for extremes made it possible to conclude that with a share of energy from renewable sources at the level of 32%, the economic development of a country does not require an increase in energy import dependency, and with larger values of energy from renewable sources, a decrease in energy import dependency may occur. In addition, according to the analysis of the obtained mathematical dependence, it is recommended that countries with a gross domestic product of up to 10,000 euros per capita use renewable energy sources at the level of 40%. For the countries with a domestic product of up to 30,000 euros per capita should use renewable sources at the level of 50%. For countries with a gross domestic product of more than 30,000 euros per capita, renewable energy sources at a level of more than 55% is recommended. A high level of renewable energy use will allow a country to increase its gross domestic product without a significant increase in energy import dependency, and at the level of renewable energy sources of more than 32%, an increase in gross domestic product does not actually lead to an increase in energy import dependency. An increase in the use of renewable energy sources above 40% of the total consumption of energy resources in a specific country, in particular, and in the European Union, in general, will ensure an increase in energy security and an increase in the level of energy independence.

“…This goal is to be achieved gradually, starting with a 55% reduction in GHG emissions by 2030 compared to 1990 levels [1]. To achieve this objective, the EU has adopted a number of strategies and policy planning documents over time [2]. The European Bioeconomy Strategy "Innovating for Sustainable Growth: A Bioeconomy for Europe" [3] and the updated version "A sustainable Bioeconomy for Europe: Strengthening the connection between economy, society and the environment" [4] are some of these policy documents.…”

Section: Introductionmentioning

confidence: 99%

“…The bioeconomy is one of the cornerstones of the transition to climate neutrality. It promotes the application of sustainable practices in bio-based resource sectors such as agriculture, the forest sector and fisheries and aquaculture, maximises the use of extracted resources for the production of food and raw materials and reduces dependence on non-renewable energy sources [2,5,6]. The successful integration of the bioeconomy into the different sectors requires a specific approach to raise awareness in society and convince governments and companies to adopt new governance tools that contribute to building a sustainable-minded society [7].…”

Section: Introductionmentioning

confidence: 99%

The Role of Environmental Communication in Advancing Sustainability in Fisheries and Aquaculture: A Case Study of Latvia

Kalnbalkite,

Poca,

Laktuka

et al. 2023

Latvia has abundant water resources, but the aquaculture sector has been slow to adopt technological advances and innovations. To address this gap, the Latvian Aquaculture Development Plan for 2021–2027 aims to improve the competitiveness and sustainability of the sector. An essential component of this effort is the establishment of effective communication channels that bridge the knowledge gap between the general public, industry professionals and researchers. To promote consumer interest in sustainable aquaculture products, an environmental communication framework to assess their sustainability was used. This assessment utilised a multi-criteria analysis technique complemented by an online survey to formulate an effective communication strategy. According to the multi-criteria analysis, canned fish emerges as the most sustainable product, while fish oil, fish meal and spirulina show promise. The online survey identifies the most appropriate communication channels: social media, audio and video. To facilitate engagement and information sharing, we advocate for the practice of communication, which can effectively facilitate the sustainable use of biological resources and serve as a channel for knowledge sharing.