Open AccessRenewable Energy and Solar Business in the European Union
Author(s) -
cho Dimitrov
Publication year - 2018
Publication title -
european journal of economics and business studies
Language(s) - English
Resource type - Journals
eISSN - 2411-9571
pISSN - 2411-4073
DOI - 10.2478/ejes-2018-0033
Subject(s) - european union , renewable energy , business , industrial organization , solar energy , greenhouse gas , business model , environmental economics , economics , international trade , marketing , ecology , electrical engineering , biology , engineering
The solar business faces major challenges related to the constantly changing regulatory framework, corporate interests and public pressure. Successful adaptation to the high requirements of regulators and competitive alternative energy sources is needed. The solar business is one of the levers with which the European Union has consistently underlined its commitment to international cooperation and the fight against the effects of greenhouse gas emissions. The formation of the internal market in the energy sector requires the elimination of many barriers and trade barriers, the approximation of tax and pricing policies, norm and standards measures, and environmental and safety regulations. This requires the development and implementation of successful strategies by solar energy producers, traders and consumers.