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dc.contributor.authorFernandez, Rosa M
dc.date.accessioned2020-06-24T08:57:45Z
dc.date.available2020-06-24T08:57:45Z
dc.identifierhttps://chesterrep.openrepository.com/bitstream/handle/10034/623509/Chapter%207_Fernandez_accepted%20ChesterRep.pdf?sequence=1
dc.identifier.citationFernandez, R. M. (2020-forthcoming). Shifting Models of Energy Companies towards Green Economy in Europe. in Fairbrass, J. & Vasilakos, N. (Eds.). Emerging Governance of a Green Economy: Cases of European Implementation. Cambridge, United Kingdom: Cambridge University Press.en_US
dc.identifier.urihttp://hdl.handle.net/10034/623509
dc.description.abstractThe traditional model of European energy company has been characterised by big entities that usually play a relatively important role as national champions in terms of market share, assets value, vertical integration, political influence and employment volumes, among other factors. However, last decade has seen how these big dinosaurs are losing market power in favour of new actors. On one side Russian and Chinese competitors have started showing interest in the Western European energy sector, and they are developing purchasing strategies to acquire part of the business in different countries, taking advantage of the vulnerable financial position that many of these companies suffer. On the other side having been unable to change their business models away from the focus on fossil fuels into the renewable energies sector has made traditional companies lose market share in favour of a new model of companies, smaller in terms of assets but quite focused on a market segment with a privileged institutional support, particularly thanks to the European Union targets for 2020 on renewable energy. This chapter uses the framework of green economy as the one that approaches macroeconomic issues through innovative ways, promoting green investments through the most adequate regulatory measures, and considering green energy as one of the sectors where these investments should be focused. Bearing this in mind, the chapter will try to point out the existing constraints to reach the new model of development (sustainable development, as promoted by a green economy) and also the barriers that energy companies impose themselves through old fashioned strategies that do not take into consideration the wider demands from a much larger group of stakeholders in a changing society. It will also address the changing governance framework caused by recent political events such as Brexit and the shifting EU institutional discourse towards 2030 targets.en_US
dc.publisherCambridge University Pressen_US
dc.relation.urlhttps://www.cambridge.org/core/books/emerging-governance-of-a-green-economy/F5EB537CD9DC263954B3F669ED26373F
dc.rightsAttribution-NonCommercial-NoDerivatives 4.0 International*
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/4.0/en_US
dc.subjectGreen Economyen_US
dc.subjectenergy companiesen_US
dc.subjectgovernanceen_US
dc.subjectadaptationen_US
dc.titleShifting Models of Energy Companies towards Green Economy in Europeen_US
dc.typeBook chapteren_US
dc.contributor.departmentUniversity of Chesteren_US
or.grant.openaccessYesen_US
rioxxterms.funderunfundeden_US
rioxxterms.identifier.projectunfundeden_US
rioxxterms.versionAMen_US
rioxxterms.licenseref.startdate2220-12-12
refterms.dateFCD2020-06-22T09:24:21Z
refterms.versionFCDAM
rioxxterms.publicationdate2020
dc.dateAccepted2020-03-30
dc.date.deposited2020-06-24en_US


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