This dissertation was written as a part of the MSc in Energy Systems at the International
Hellenic University. It summarizes the energy policy of the European Union and the renewable
energy penetration progress.
The introduction helps us understand the importance of the policies and how challenging is
the task to swift from a fossil fuel-based energy mix to renewable energy-based one. The
second chapter summarizes the most important implemented energy policies classified into
eight broad categories. It gives an overall picture of the EU’s energy policy and the framework
of the Renewable Energy penetration development. In the third chapter the progress of
renewable energy penetration in the EU is presented through statistics and graphs, showing
the effects of implemented policies. Finally, in the fourth chapter, an elementary approach of
the future penetration of renewable energy in the final energy mix is presented. After the
implementation and comparison of five regression specifications, the one selected was used
for long-run forecast up to 2020.
Also I would like to thank my supervisor Dr. Theodoros Zachariadis, as well as Dr. Georgios
Martinopoulos and Dr. Theologos Dergiades for giving me valuable guidance.
Collections
Show Collections