Aspects of European funding for the energy transition - Just transition

Abstract

The present study follows the financial allocations in energy transition, focusing on fair transition related to the carboniferous and mono-industrial areas, in Europe and especially in Romania, whose populations go through significant challenges of the quality of life, generated by changing the activity profile. The research revealed that, at this moment, the impact of the amounts allocated for a fair transition cannot be assessed, neither in the European Union nor in Romania, because the official implementation programs are still being finalized and approved on national and community flows. We also obtained a very interesting conclusion regarding the stage of reducing the share of coal in the national mix, the statistics showing an important advance compared to the targets set for Romania in the perspective of 2030 and 2050, respectively. During the research, we used statistical data on the Cohesion Policy published by the European Commission and the International Energy Agency.

Keywords

• energy transition
• just transition
• european funding
• energy security
• sustainable development