Sustainability Management in Renewable Energy Projects

Abstract

This paper analyzes the critical role of renewable energy in the context of the global transition toward a sustainable development model, given that fossil fuels still account for 81% of global consumption, posing major climate risks. The study shows a positive trend at the European Union level, where clean energy sources reached a share of approximately 47% of electricity production in 2025, with the wind and solar sectors being the main pillars of this progress. Beyond environmental benefits, renewable energy projects are presented as essential economic drivers that stimulate innovation, create jobs, and strengthen energy independence. Particular attention is given to the management of these projects, an area marked by high complexity due to capital intensity and regulatory uncertainties. Modern management in this sector must be adaptive, integrating digitalization, risk analysis, and green financing mechanisms to ensure long-term viability. Finally, the analysis focuses on the Republic of Moldova, where, despite financial constraints and dependence on imports, alignment with the policies of the European Energy Community opens new prospects for investment. The success of these initiatives depends on managers’ ability to balance technological efficiency with social acceptance and economic sustainability, thereby providing a clear path toward a resilient and competitive energy future. UDC: 005.8:620.97(478); JEL: Q01, Q4, Q42