Energy effectiveness and employment Issues in Eu-27 In 2020s

Abstract

Recently energy effectivity globally became in centre of international attention, by which economic competitiveness can be strengthened based on securing adequate or more income conditions for future economic prosperity. The study analyses correlations of energy effectiveness with employment conditions in EU-27. The study focuses on correlations and significance among real GDP per capita, investment share of GDP, employment issues, tertiary educational attainment, energy effectivity in euro per kilogram of oil equivalent, final energy consumption, final energy consumption in households and share of renewable energy in gross final energy consumption. Statistical analyses are essence of research method, as statistical package for social sciences in study. Increasing euro per kg of oil equivalent energy opposite to efficient energy effectivity did not stimulate to increase the investment share of GDP and by little increase of investment to increase to real GDP per capita in period of 2010- 2023. Share of renewable energy in gross final energy consumption ensured the EU to realize its main goal to decrease carbon-dioxide gas emissions. For future economic growth of EU-27 there is important, that more efficient energy effectivity should be followed by economic policy to transfer into more green development by using more educated and skilled human resources.