Scientific publications

In this paper, we integrate technological, institutional, and financial approaches towards expansion of the smart grid technology. We turn to China as the major producer and consumer of energy with an increasing focus on renewables. China’s electricity market has experienced a number of reforms while trying to address the economic and environmental challenges.

Jinsheng Wang, Chengdong Cao , Shouzhen Zeng , Tomas Balezentis Wang, J., Cao, Ch., Zeng, Sh., Balezentis, T. 2019. Weighted Induced Aggregation Euclidean Distance Operators for the Decision Making of Robot Selection. In Transformations in Business & Economics. Vol. 18, No 1 (46), p. 81-94; ISSN 1648-4460; [ISI Web of Science (& Master Journal List) by Thomson Services (2006, back-cited from 2005); Social Sciences Citation Index (2006); Social SciSearch (2006); Journal Citation Reports / Social Sciences Edition (2006); EBSCO (EconLit with Full Text) (2007); IBSS (2004); EconLit (2005); e-JEL (2005); JEL on CD (2005); SCOPUS (2007); Cabell’s Directory (2008)].

The knowledge age greatly shaped society’s understanding of what goes beyond the agribusiness and sharply raised the question of farmers’ responsibilities on the way they do farming in relation to the payments they receive as public support. Therefore the new rural prosperity drivers in knowledge age calls for the new principles of European Union support distribution for agriculture and rural development.

The main purpose herein, is to assess the popularity of the innovative funding mechanisms when acquiring land at the national level. The results of the research suggest that the innovative funding mechanisms are neither popular nor available when making the investment in land in Lithuania.

Audronė Minelgaitė, Genovaitė Liobikienė Minelgaitė, A., Liobikienė, G. 2019. Waste problem in EuropeanWaste generation is a critical problem globally and even in the European Union (EU). In EU countries, significant differences have been observed in terms of municipal waste generation. The level of waste generation significantly depended on economic development. The most effective tools for solving the waste problem should be the enhancement of reducing, reusing, and recycling behaviours. However, our results revealed that the level of reducing and reusing behaviours insignificantly influenced waste generation. Union and its influence on waste management behaviour. In Science of the Total Environment. Vol. 667, p. 86-93; https://doi.org/10.1016/j.scitotenv.2019.02.313; [Science Citation Index Expanded, Social Sciences Citation Index].

The actual EU strategies of sustainable development have determined a very fast increase in biodiesel consumption within the EU, especially since 2005. In line with these developments, the main aim of this paper is to evaluate the impact from biodiesel consumption by transport on economic growth of the EU.

Concentrated solar power (CSP) technology has shown considerable long-term growth with varying levels of peak development and stall phases over the years. More and more countries are finding CSP technology attractive for the production of electricity and other applications. CSP offers a variety of applications where solar power can be used appropriately, although the debate about which CSP technology has a better future perspective is still ongoing.

This study is devoted to presentation of the concept of risk, and the possibility of applying mathematical methods in supporting decision making in the energy sector to promote sustainable energy development. The problem with risk assessment in the energy sector arises mainly due to the difficulty of expressing risk in numerical terms. To avoid risk, it is necessary to set the criteria and objectives of measurement before making decisions in the energy sector.

Renewable energy has become a significant market player after the turn of the millennium. Wind, solar, smart grid and further renewable energy stocks have experienced both serious up and down trends since that time. In this paper, computed the Minimal Spanning Tree (MST) and Sub-Dominant Ultrametric (SDU) for topological properties of what has been driving the price of renewable energy stock markets and sectors. In this regard, the main object is to define the similarity among sectors in financial market, which is statistically a multivariate time series.

This paper investigates tax competitiveness among the EU member countries. The tax competition of countries causes both positive and negative effects on macroeconomic processes such as the effectiveness of government spending, the rationa