Folia Oeconomica Stetinensia (Dec 2022)

European Green Deal Implications on Country Level Energy Consumption

  • Jaržemskis Andrius,
  • Jaržemskienė Ilona

DOI
https://doi.org/10.2478/foli-2022-0021
Journal volume & issue
Vol. 22, no. 2
pp. 97 – 122

Abstract

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Research background: The European Green deal set by the European Commission has launched new business models in sustainable development. Major contributions are expected in the road transport sector; as far as conventional internal combustion creates significant input in Green House Gas emission inventories. Each EU member state has an obligation to reduce GhG emission by accelerating Electric Vehicle development. In order to foster growth of EVs, there is the need of significant investment into charging infrastructures. The article propose the model of forecasting of investment based on the forecast of the growth of the amount of electric vehicles and their demand on energy. The model includes the behaviouristic approach based on the total cost of ownership model as well as calculations of efficient usage of EV charging points. The model takes into account all types of vehicles including personal and commercial, freight and passenger.

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