The Effects of the Management of Natural Energy Resources in the European Union

Abstract

This paper is devoted to the study of the impact of the management of natural energy resources on sustainable development and green growth. The object of the study is the process of management of natural energy resources.
 An indicator of adjusted net savings was used to estimate sustainable development. The performed comparative analysis of the adjusted net savings without subtraction and subtraction of the costs of extracting energy natural resources as a result of the synthesis shows a significant difference. It is on average for 2012-2016 is 4% of gross national income for the whole world. When subtracting production costs, the adjusted net savings will be much smaller and this fact must be taken into account.
 In order to simultaneously take into account the economic situation of the country, the depletion of energy resources, their consumption, and the consequence of consumption, relevant indicators are proposed, as well as a special index for estimating the changes over time. The results of the study show that most countries in the European Union have positive adjusted energy and carbon efficiency, since they are higher than global measures. In addition, the relationship between carbon efficiency and energy efficiency in these countries is still very close. The analysis of changes in time as a result of synthesis also showed positive results, according to which the adjusted energy efficiency in most countries of the European Union is growing. According to the high growth rates of this indicator, some countries have a good opportunity to make significant progress in green growth, although this may require expensive investments.

Solar energy for green university: estimation of economic, environmental and image benefits

“…In addition, the university participates in international and national projects and programs on sustainable development issues. The university conducts many scientific studies in energy efficiency, renewable energy, climate actions, particularly on the development of mechanisms to promote renewable energy and innovative growth (Sotnyk et al 2018;Kurbatova et al, 2020;Prokopenko et al, 2021;Klymchuk et al, 2020;Benetyte et al, 2021), the synthesis and optimization of the characteristics of thirdgeneration solar cells for solar energy (Diachenko et al, 2017;Diachenko et al, 2018;Yeromenko et al, 2018), carbon footprints and carbon efficiency (Rui et al, 2020;Voronenko et al, 2017), energy-efficient transformation (Karintseva, et al, 2021;Melnyk, et al, 2013;Hens, et al, 2018), ecological modernization of the transport system (Shkarupa, et al, 2017;Hens, et al, 2019), assessment and compensation of environmental damage (Tarkhov, 2012;Marekha, 2016;Veklych, et al, 2017;), socio-natural antientropic potential (Melnyk, 2013;, the impact of developing human capital on the quality of the environment (Sineviciene, et al, 2020), improving the quality control of energy resources of industrial enterprises to increase their energy efficiency (Matsenko & Ovcharenko, 2013) and more. .…”

Approaches to the Formation of a Theoretical Model for the Analysis of Environmental and Economic Development

“…A work of the scientists Li et al (2007) presents a comprehensive analysis of the research on the EKC concept for various types of the environmentally destructive activity. As a result, the researchers identified the following forms of the correlation between the state of the environment and the level of economic development (in parentheses there is the number of proved dependencies): monotonous growth (22), monotonous decline (20), reverse U-shaped curve (333), U-shaped curve (25), N-shaped curve (27), weak correlation (124), absence of correlation (37). In general, only 57% of studies confirm the existence of EKC in its classical form, and in 21% of the studies, the connection is very weak.…”

Small hydropower development in Ukraine under global climate change patterns: is state economic support sufficient

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