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Energies
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Challenges and Opportunities for the Sustainable Energy Economy
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Challenges and Opportunities for the Sustainable Energy Economy

A special issue of Energies (ISSN 1996-1073). This special issue belongs to the section "C: Energy Economics and Policy".

Deadline for manuscript submissions: closed (20 October 2023) | Viewed by 10903

Special Issue Editors

Dr. Mircea Fuciu

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Guest Editor
Department of Management, Marketing and Business Administration, Faculty of Economic Sciences, Lucian Blaga University of Sibiu, Sibiu, Romania
Interests: consumer/buying behaviour; social media marketing; marketing research; corporate social responsibility and sustainability; project management
Dr. Claudia Ogrean

E-Mail Website
Guest Editor
Department of Management, Marketing and Business Administration, Faculty of Economic Sciences, Lucian Blaga University of Sibiu, Sibiu, Romania
Interests: strategic management; organisational behaviour; business ethics and corporate social responsibility
Prof. Dr. Mihaela Herciu

E-Mail Website
Guest Editor
Department of Finance and Accounting, Faculty of Economic Sciences, Lucian Blaga University of Sibiu, Sibiu, Romania
Interests: competitiveness; business models; sustainability; financial management

Special Issue Information

Dear Colleagues,

In the context of the emerging sustainability era, which requires fundamental decisional and behavioral changes throughout all the levels and components of the global socio-economic and environmental system, a clear understanding of the new challenges and opportunities for the development of sustainable energy economy has arisen. At the heart of the interconnections between economy and the environment, the current energy economy empowers the global economy—but its impact on the environment will have lasting effects for generations to come. Transitioning towards a sustainable energy economy is not only about restructuring energy economy, but also about the transformation of the business environment in general.

This Special Issue will focus on the challenges and opportunities for the Sustainable Energy Economy, both at the theoretical and empirical level, regarding public policies, financing, competition, energy investments, sustainable business environments, and models, etc., as drivers (or detractors) for sustainable businesses.

Topics of interest for publication include, but are not limited to:

  • Sustainable energy economy modelling and scenarios.
  • Sustainable energy economy dynamics at corporate, regional, national, and global levels.
  • Major risks and barriers for the transition to sustainable energy economy.
  • Redefining corporate performance in the context of sustainable energy economy.
  • Sustainable energy economy and Industry 4.0—challenges, opportunities, and impacts.
  • New processes, systems, and structures for the sustainable energy economy.
  • New business models for the sustainable energy economy in energy and non-energy companies.
  • Sustainable energy economy—market dynamics and trends.
  • Reshaping value chains for the sustainable energy economy.
  • The social, economic, and environmental impact of sustainable energy.

Dr. Mircea Fuciu
Dr. Claudia Ogrean
Prof. Dr. Mihaela Herciu
Guest Editors

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Energies is an international peer-reviewed open access semimonthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 2600 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

Keywords

  • optimization of energy–economy–environment systems
  • social, economic, and environmental impact of sustainable energy
  • smart/intelligent systems for sustainable energy economy
  • sustainable business models
  • green investments in energy
  • sustainable development
  • decision-making in the sustainable energy business environment
  • competitiveness in the energy sector

Published Papers (5 papers)

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Research

16 pages, 775 KiB  
Article
Direction of Changes in the Settlements for Prosumers of Photovoltaic Micro-Installations: The Example of Poland as the Economy in Transition in the European Union
by Marcin Łuszczyk, Krzysztof Malik, Barbara Siuta-Tokarska and Agnieszka Thier
Energies 2023, 16(7), 3233; https://doi.org/10.3390/en16073233 - 04 Apr 2023
Cited by 2 | Viewed by 1407
Abstract
The implemented climate policy and the current geopolitical situation make us pay special attention to energy independence, both in the household and in the national dimension. One way to obtain inexpensive and environmentally friendly energy is the development of photovoltaic micro-installations. For positive [...] Read more.
The implemented climate policy and the current geopolitical situation make us pay special attention to energy independence, both in the household and in the national dimension. One way to obtain inexpensive and environmentally friendly energy is the development of photovoltaic micro-installations. For positive changes to occur, correct state regulation and an appropriate set of administrative and economic instruments are necessary. The purpose of this article is to discuss changes in the accounting system for renewable energy prosumers and their consequences for the further development of renewable energy. The financial settlement methods favorable to prosumers were recently replaced with new solutions. According to the authors, this slows down the energy transformation. Full article
(This article belongs to the Special Issue Challenges and Opportunities for the Sustainable Energy Economy)
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25 pages, 4045 KiB  
Article
An Economic Analysis of Solar Energy Generation Policies in the UAE
by Mayyas Alsalman, Vian Ahmed, Zied Bahroun and Sara Saboor
Energies 2023, 16(7), 3165; https://doi.org/10.3390/en16073165 - 31 Mar 2023
Cited by 1 | Viewed by 2366
Abstract
Despite global efforts to reduce greenhouse gas emissions, the energy sector remains a major contributor, with hydrocarbon-based resources fulfilling around 80% of energy needs. As such, there is a growing focus on identifying effective and economically feasible policy mechanisms to promote renewable energy [...] Read more.
Despite global efforts to reduce greenhouse gas emissions, the energy sector remains a major contributor, with hydrocarbon-based resources fulfilling around 80% of energy needs. As such, there is a growing focus on identifying effective and economically feasible policy mechanisms to promote renewable energy adoption. This study focuses on the theoretical problems surrounding the adoption of renewable energy policies. The study aims to highlight the potential for sustainable growth using renewable energy in the UAE and identify the most viable policy mechanisms for enhancing grid-tied solar energy adoption using qualitative and quantitative data collection methods and the HOMER Grid software. Compared to previous research, this study contributes by identifying a unified renewable energy policy mechanism that could significantly enhance the adoption of grid-tied solar energy generation in the UAE. The study’s main findings show that a unified renewable policy mechanism could enhance grid-tied solar energy adoption throughout the UAE’s electricity authorities. Net metering emerges as the most efficient and economically viable policy for customers and electricity utilities. Full article
(This article belongs to the Special Issue Challenges and Opportunities for the Sustainable Energy Economy)
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22 pages, 5807 KiB  
Article
Maintenance Cycle Reduction Time and Energy Savings of Mechanical Face Seals Using Thermodynamic FEM Analysis
by Andrei Zoltan Farkas, Veronica Argeșanu, Beniamin Boșcai and Denisa Abrudan
Energies 2022, 15(24), 9446; https://doi.org/10.3390/en15249446 - 13 Dec 2022
Viewed by 1246
Abstract
The lifetime cost evaluation of a seal must take into account all expenses throughout its operation. The thermodynamic aspects of mechanical face seals (MFSs) analyzed using FEM for various pairs of materials and their correlation with wear, reliability, and economic feasibility have not [...] Read more.
The lifetime cost evaluation of a seal must take into account all expenses throughout its operation. The thermodynamic aspects of mechanical face seals (MFSs) analyzed using FEM for various pairs of materials and their correlation with wear, reliability, and economic feasibility have not been researched in the literature. The MFSs analyzed in this paper were manufactured by ROSEAL S.A. for use in water pumps. The materials of the primary seal rings used by manufacturers were taken into account. The operating conditions were as follows: n = 3000 rpm, water temperature = 80 °C, and pressure = 0.1 MPa. In our study, we focused on the thermodynamic phenomena occurring in the MFS. The thermodynamic simulation was run using the FEM software MSC Nastran. Maps of the temperatures and the heat flow in the primary seal rings, for the two types of MFS and for different pairs of materials, were obtained using FEM analysis. The results highlight that the flow rate of leaks increases linearly with the angular speed of the pressure ring and is independent of the materials used in the primary seal. Full article
(This article belongs to the Special Issue Challenges and Opportunities for the Sustainable Energy Economy)
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15 pages, 1853 KiB  
Article
The Impact of Environmental Taxes on the Level of Greenhouse Gas Emissions in Poland and Sweden
by Aurelia Rybak, Jarosław Joostberens, Anna Manowska and Joachim Pielot
Energies 2022, 15(12), 4465; https://doi.org/10.3390/en15124465 - 19 Jun 2022
Cited by 17 | Viewed by 2340
Abstract
The research presented in the article was aimed at verifying the effectiveness of environmental taxes in reducing the level of greenhouse gas emissions. For this purpose, data provided by Eurostat in the environmental taxes category were used. They were treated as explanatory variables. [...] Read more.
The research presented in the article was aimed at verifying the effectiveness of environmental taxes in reducing the level of greenhouse gas emissions. For this purpose, data provided by Eurostat in the environmental taxes category were used. They were treated as explanatory variables. Data were entered into the ARMAX models built by the authors. The dependent variable was the emission of two greenhouse gases covered by the research, namely carbon dioxide and methane. The research was carried out in Poland, for which the results obtained for Sweden were used as the benchmark. The built models made it possible to verify the relationship between environmental taxes in the categories of energy, transport, pollution, resources, and the level of CO2 and CH4 emissions. The nature of the explanatory variable was also examined. Environmental taxes can fulfill a fiscal, incentive, and redistributive function. The conducted research shows that these taxes, in fact, fulfill mainly a fiscal function, while redistributive and incentive functions are insufficient. It was also observed that the direction and strength of the impact of taxes differ depending on the greenhouse gas. Full article
(This article belongs to the Special Issue Challenges and Opportunities for the Sustainable Energy Economy)
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23 pages, 394 KiB  
Article
A Conceptual Exploration of How the Pursuit of Sustainable Energy Development Is Implicit in the Genuine Progress Indicator
by David Cook, Brynhildur Davíðsdóttir and Ingunn Gunnarsdóttir
Energies 2022, 15(6), 2129; https://doi.org/10.3390/en15062129 - 14 Mar 2022
Cited by 3 | Viewed by 2299
Abstract
The Sustainable Development Goals (SDGs) represent a bridging point between the old, neoclassical, growth-based model of the economy and newer, emerging paradigms, such as the well-being economy. The importance of growth in Gross Domestic Product (GDP) is recognized within the SDGs, however, in [...] Read more.
The Sustainable Development Goals (SDGs) represent a bridging point between the old, neoclassical, growth-based model of the economy and newer, emerging paradigms, such as the well-being economy. The importance of growth in Gross Domestic Product (GDP) is recognized within the SDGs, however, in addition, Target 19 of Goal 17 advocates the adoption of alternative measures of economic well-being. The Genuine Progress Indicator (GPI) has been found to be the indicator of alternative economic well-being most aligned with the SDGs. On the basis that increased, high-quality energy use leads to expanded macro-economic activity, as measured by GDP, this study conducts a conceptual exploration of the extent to which the pursuit of sustainable energy development (SED) can enhance GPI outcomes. Based on a recent Icelandic GPI study, a total of 46 SED themes were found to be linkable to 16 of its 39 sub-indicators, including 8 cost deductions and 7 benefit additions. The frequency of these was as follows: sustainable energy production (10), sustainable energy consumption (10), energy security (8), nature conservation (8), social benefits (7) and economically efficient energy system (3). The main implication of the study outcomes is that the pursuit of SED is likely to have considerable benefits in terms of fulfilling energy and climate policy, but also co-benefits with regard to the promulgation of economic and societal well-being, as reflected in the GPI. These outcomes, although applicable to Iceland, have ramifications for all nations who are simultaneously striving for greater economic prosperity, whilst tackling climate change and striving to deliver equitable, environmentally sound and resilient energy systems. Full article
(This article belongs to the Special Issue Challenges and Opportunities for the Sustainable Energy Economy)
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