Circular economy practices as a tool for sustainable development in the context of renewable energy
What are the opportunities for the EU
Bibliographic Data
| ID | 19484607 |
|---|---|
| Authors | Ugnius Jakubelskas (0000-0001-6068-4537, Vilnius Gediminas Technical University), Viktorija Skvarciany (0000-0001-8022-4124, Vilnius Gediminas Technical University) |
| Year | 2023 |
| Volume | 14 |
| Issue | 3 |
| Pages | 833-859 |
| Publication date | 2023-09-30 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Oeconomia Copernicana (JOURNAL) |
| Journal identifiers | ISSN: 2083-1277 • E-ISSN: 2353-1827 |
| Publisher | Instytut Badan Gospodarczych / Institute of Economic Research (PUBLISHER) |
| DOI | 10.24136/oc.2023.025 |
| OpenAlex | W4387812077 |
| Language | EN |
| Citations received | 5 |
| References cited | 63 |
Research background: In order to tackle climate change and ensure Paris agreements are met, countries are forced to look for alternative ways of producing, consuming, and wasting and adopt a circular economy. Reduction of greenhouse gas emissions becomes one of the key elements. The demand for electricity is increasing, and most greenhouse gas emissions derive from the energy sector. Because of that, it is crucial to ensure the transition from fossil fuels to renewable energy. Renewable energy, as a part of the circular economy, also contributes to sustainable development. Only the efficient implementation of circular economy and renewable energy practices can ensure that sustainable development goals are achieved. Purpose of the article: The study aims at determining the efficiency of European Union countries implementing circular economy practices through renewable energy to attain SDGs. The study focuses on the significance of renewable energy as a tool for the circular economy to achieve sustainable development and highlights the progress achieved in SDG through renewable energy in the EU. Methods: For efficiency assessment of the circular economy represented by the renewable energy indicators, data envelopment analysis (DEA) was performed. Findings & value added: This study presents a relation analysis of the circular economy and renewable energy and the importance of efficiency in achieving SDGs through a circular economy. The study helps to understand the circular economy represented by renewable energy and how it transforms into sustainable development and contributes to necessary actions needed for countries to improve. Based on the results, Sweden, Luxembourg, Ireland, Latvia, Estonia, Malta, the Netherlands and Bulgaria are considered the most efficient countries, while Austria is the least efficient. Unused solar and wind power potential can slow down sustainable development; however, EU programs and renewable energy strategies help countries move towards clean energy and ensure efficient implementation of sustainable development goals
Business · Circular economy · Economic policy · Economics · Economy · Efficient energy use · Environmental economics · European union · Greenhouse gas · Natural resource economics · Renewable energy · Sustainable development · Energy and Environment Impacts · Energy, Environment, Economic Growth · Engineering · Sustainable Supply Chain Management · Ecology
Investigating Synergies and Nexus of Circular Economy and Energy Transition Intensity in context of global paradigm transformations
Malta's low carbon transition towards sustainability
Energy efficiency, human development, and renewables as drivers of the load capacity factor
Energy consumption and savings behavior under the pressure of energy security, sustainability and cleaner energy transition
Impact of green fiscal policy on the collaborative reduction of pollution and carbon emissions
Circular economy as an essentially contested concept
Targets for a circular economy
A review of micro level indicators for a circular economy – moving away from the three dimensions of sustainability?
How do scholars approach the circular economy? A systematic literature review
Towards a consensus on the circular economy
The Circular Economy – A new sustainability paradigm?
Conceptualizing the circular economy
Photovoltaic electronic waste in Brazil
Renewable energy, non-renewable energy and sustainable development
Is technological innovation a driver of renewable energy
Our common future
| Unique citing works | 5 |
|---|---|
| Citations per year | 2,5 |
| Citation span | 2024 - 2026 (3) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 5 |