Energy Indicators in the Context of Globalization

¹ Bucharest University of Economic Studies, Romania
² Bucharest University of Economic Studies, Romania
³ Bucharest University of Economic Studies, Romania

^* Corresponding author: razvan.dobrea@man.ase.ro

Abstract

Globalization leads to new challenges. There is a trend of growth of the population. At the same time, production processes are subject to changes. If the new technologies are based on environmental protection, then we can also be considered that the greenhouse gas emissions will be reduced. As energy requirements are rising, it is important to efficient use of natural resources. This, especially, as energy sources differ from one country to another. In this context, dependence on energy imports becomes important. From this point of view, for the countries of the European Union, the article analyzes the evolution of energy efficiency. In recent years, it trying to replace fossil fuels with renewable fuels. Analyzing the share of energy from renewable sources in total electricity allows us to observe the degree of decarbonisation of the European Union economy. The use of energy from renewable sources allows the development of green technologies and contributes to the protection of the environment. Producing of the energy in a region and transporting it to another region creates bridges and contributes to globalization. Thus, in the process of globalization, the role of energy is increasingly important. The article presents a European analysis of gross and net electricity production.