IDEAS home Printed from https://ideas.repec.org/a/eco/journ2/2020-02-33.html
   My bibliography  Save this article

Quantifying the Energy Security of Selected EU Countries

Author

Listed:
  • Saleh Mothana Obadi

    (Institute of Economic Research, Slovak Academy of Sciences, Slovakia.)

  • Matej Korcek

    (Institute of Economic Research, Slovak Academy of Sciences, Slovakia.)

Abstract

This paper examines the energy security of a selected group of EU countries. The study covers period 2006-2017 and is done for selected group of countries Germany, France, Italy, Poland, Netherladns, United Kingdom and Slovakia. The primary used methodology is the z-score standardization. In order to obtain an index of greater complexity, we extended this methodology by incorporating Herfindahl-Hirschmann index (HHI) values for natural gas imports. Our findings suggest, that, among the largest energy consuming countries in the EU, Italy came as the country with the highest level of energy security index (ESI) as it benefitted from improved security of Supply. France ESI slightly decreased due to worsening indicator of economic availability. Poland and Slovakia both suffered from low advancements in the are of environmental acceptability. The complexity of the solved problem caueses undesired consequences, as development of ESI index deteriorated after German nulear phase-out. The paper clearly ducuments there there is not a single way how to approach enhancing a country s energy security.

Suggested Citation

  • Saleh Mothana Obadi & Matej Korcek, 2020. "Quantifying the Energy Security of Selected EU Countries," International Journal of Energy Economics and Policy, Econjournals, vol. 10(2), pages 276-284.
    • Handle: RePEc:eco:journ2:2020-02-33
    as

    Download full text from publisher

    File URL: https://www.econjournals.com/index.php/ijeep/article/download/8847/4938
    Download Restriction: no
    File URL: https://www.econjournals.com/index.php/ijeep/article/view/8847/4938
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Cohen, Gail & Joutz, Frederick & Loungani, Prakash, 2011. "Measuring energy security: Trends in the diversification of oil and natural gas supplies," Energy Policy, Elsevier, vol. 39(9), pages 4860-4869, September.
    2. Xavier Labandeira & Baltazar Manzano, 2012. "Some Economic Aspects of Energy Security," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 47-64.
    3. Winzer, Christian, 2012. "Conceptualizing energy security," Energy Policy, Elsevier, vol. 46(C), pages 36-48.
    4. Lefèvre, Nicolas, 2010. "Measuring the energy security implications of fossil fuel resource concentration," Energy Policy, Elsevier, vol. 38(4), pages 1635-1644, April.
    5. Kruyt, Bert & van Vuuren, D.P. & de Vries, H.J.M. & Groenenberg, H., 2009. "Indicators for energy security," Energy Policy, Elsevier, vol. 37(6), pages 2166-2181, June.
    6. repec:dau:papers:123456789/200 is not listed on IDEAS
    7. Le Coq, Chloé & Paltseva, Elena, 2009. "Measuring the security of external energy supply in the European Union," Energy Policy, Elsevier, vol. 37(11), pages 4474-4481, November.
    8. Gupta, Eshita, 2008. "Oil vulnerability index of oil-importing countries," Energy Policy, Elsevier, vol. 36(3), pages 1195-1211, March.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Adinda Franky Nelwan & Rinaldy Dalimi & Chairul Hudaya, 2021. "A New Formula to Quantify the National Energy Security of the World s Top Ten Most Populous Nations," International Journal of Energy Economics and Policy, Econjournals, vol. 11(1), pages 394-406.
    2. Jacek Strojny & Anna Krakowiak-Bal & Jarosław Knaga & Piotr Kacorzyk, 2023. "Energy Security: A Conceptual Overview," Energies, MDPI, vol. 16(13), pages 1-35, June.
    3. Idiano D'Adamo & Massimo Gastaldi & Paolo Rosa, 2021. "Assessing Environmental and Energetic Indexes in 27 European Countries," International Journal of Energy Economics and Policy, Econjournals, vol. 11(3), pages 417-423.
    4. Tutak, Magdalena & Brodny, Jarosław, 2022. "Analysis of the level of energy security in the three seas initiative countries," Applied Energy, Elsevier, vol. 311(C).
    5. Amin, Sakib Bin & Chang, Youngho & Khan, Farhan & Taghizadeh-Hesary, Farhad, 2022. "Energy security and sustainable energy policy in Bangladesh: From the lens of 4As framework," Energy Policy, Elsevier, vol. 161(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Saleh Mothana Obadi & Matej Korcek, 2017. "EU Energy Security - Multidimensional Analysis of 2005-2014 Development," International Journal of Energy Economics and Policy, Econjournals, vol. 7(2), pages 113-120.
    2. Chuang, Ming Chih & Ma, Hwong Wen, 2013. "Energy security and improvements in the function of diversity indices—Taiwan energy supply structure case study," Renewable and Sustainable Energy Reviews, Elsevier, vol. 24(C), pages 9-20.
    3. Kamonphorn Kanchana & Hironobu Unesaki, 2015. "Assessing Energy Security Using Indicator-Based Analysis: The Case of ASEAN Member Countries," Social Sciences, MDPI, vol. 4(4), pages 1-47, December.
    4. Chuang, Ming Chih & Ma, Hwong Wen, 2013. "An assessment of Taiwan’s energy policy using multi-dimensional energy security indicators," Renewable and Sustainable Energy Reviews, Elsevier, vol. 17(C), pages 301-311.
    5. Le, Thai-Ha & Chang, Youngho & Taghizadeh-Hesary, Farhad & Yoshino, Naoyuki, 2019. "Energy insecurity in Asia: A multi-dimensional analysis," Economic Modelling, Elsevier, vol. 83(C), pages 84-95.
    6. Ang, B.W. & Choong, W.L. & Ng, T.S., 2015. "Energy security: Definitions, dimensions and indexes," Renewable and Sustainable Energy Reviews, Elsevier, vol. 42(C), pages 1077-1093.
    7. Neelawela, U.D. & Selvanathan, E.A. & Wagner, L.D., 2019. "Global measure of electricity security: A composite index approach," Energy Economics, Elsevier, vol. 81(C), pages 433-453.
    8. Jewell, Jessica & Cherp, Aleh & Riahi, Keywan, 2014. "Energy security under de-carbonization scenarios: An assessment framework and evaluation under different technology and policy choices," Energy Policy, Elsevier, vol. 65(C), pages 743-760.
    9. Månsson, André & Johansson, Bengt & Nilsson, Lars J., 2014. "Assessing energy security: An overview of commonly used methodologies," Energy, Elsevier, vol. 73(C), pages 1-14.
    10. Erahman, Qodri Febrilian & Purwanto, Widodo Wahyu & Sudibandriyo, Mahmud & Hidayatno, Akhmad, 2016. "An assessment of Indonesia's energy security index and comparison with seventy countries," Energy, Elsevier, vol. 111(C), pages 364-376.
    11. Sun, Xiaolei & Liu, Chang & Chen, Xiuwen & Li, Jianping, 2017. "Modeling systemic risk of crude oil imports: Case of China’s global oil supply chain," Energy, Elsevier, vol. 121(C), pages 449-465.
    12. Honorata Nyga-Łukaszewska & Kentaka Aruga & Katarzyna Stala-Szlugaj, 2020. "Energy Security of Poland and Coal Supply: Price Analysis," Sustainability, MDPI, vol. 12(6), pages 1-18, March.
    13. Thauan Santos & Amaro Olímpio Pereira Júnior & Emilio Lèbre La Rovere, 2017. "Evaluating Energy Policies through the Use of a Hybrid Quantitative Indicator-Based Approach: The Case of Mercosur," Energies, MDPI, vol. 10(12), pages 1-15, December.
    14. Wang, Qiang & Zhou, Kan, 2017. "A framework for evaluating global national energy security," Applied Energy, Elsevier, vol. 188(C), pages 19-31.
    15. Liu, Litao & Cao, Zhi & Liu, Xiaojie & Shi, Lei & Cheng, Shengkui & Liu, Gang, 2020. "Oil security revisited: An assessment based on complex network analysis," Energy, Elsevier, vol. 194(C).
    16. Sato, Masahiro & Kharrazi, Ali & Nakayama, Hirofumi & Kraines, Steven & Yarime, Masaru, 2017. "Quantifying the supplier-portfolio diversity of embodied energy: Strategic implications for strengthening energy resilience," Energy Policy, Elsevier, vol. 105(C), pages 41-52.
    17. E. Allevi & L. Boffino & M. E. Giuli & G. Oggioni, 2018. "Evaluating the impacts of the external supply risk in a natural gas supply chain: the case of the Italian market," Journal of Global Optimization, Springer, vol. 70(2), pages 347-384, February.
    18. Shepard, Jun U. & Pratson, Lincoln F., 2020. "Hybrid input-output analysis of embodied energy security," Applied Energy, Elsevier, vol. 279(C).
    19. Gasser, Patrick, 2020. "A review on energy security indices to compare country performances," Energy Policy, Elsevier, vol. 139(C).
    20. Song, Zhouying & Zhu, Qiaoling & Han, Mengyao, 2021. "Tele-connection of global crude oil network: Comparisons between direct trade and embodied flows," Energy, Elsevier, vol. 217(C).

    More about this item

    Keywords

    Energy security; EU; Z-score standardization; Herfindahl-Hirschmann index; natural gas;
    All these keywords.

    JEL classification:

    • Q40 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - General
    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eco:journ2:2020-02-33. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ilhan Ozturk (email available below). General contact details of provider: http://www.econjournals.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.