The Impact of the Energy Crisis on the Final Consumers of Energy

Abstract

According to the European Parliament, the EU is facing a major energy crisis, triggered on the one hand by natural gas shortages and on the other by the explosive rise in energy prices. In this context, the aim of this paper is to identify the requirements of the final energy consumer and the opinions on energy produced from renewable sources (E-RES) and to analyze the factors influencing investments in E-RES. In order to achieve the proposed goal, the following objectives were formulated: objective 1 - review of the literature on investments in renewable energy; objective 2 - to establish the implications generated by the Russian-Ukrainian conflict on the activity of the energy sector; objective 3 - evaluation of the contribution of green certificates (CV) in stimulating the production of green energy; objective 4 - identify the end consumer's perspective on the transition from conventional to renewable energy sources.

Keywords

• energy crisis and politics
• social and economic effects
• renewable energy
• final consumer