IDEAS home Printed from https://ideas.repec.org/a/rom/rmcimn/v24y2023i2p251-260.html
   My bibliography  Save this article

Energy Price Liberalization Consequences on Energy Production Market in the European Union

Author

Listed:
  • Stelian GRASU

    (Bucharest University of Economic Studies, Romania)

  • Ruxandra Madalina POPP

    (Bucharest University of Economic Studies, Romania)

  • Marius George POPA

    (Bucharest University of Economic Studies, Romania)

Abstract

In this paper, the author are making an overview of the energy market in European Union (EU) countries. The present EU energy market and its evolution after price liberalization decision is also analyzed in this article. The steps made to assure national energy markets integration and the evolution of energy consumption and prices are also presented in the manuscript. The dependence of Russian imports is an important issue nowadays in the EU and the main conclusion of the paper is that the governments should develop more the renewable energy systems in order to decrease the dependence on the Russian energy.

Suggested Citation

  • Stelian GRASU & Ruxandra Madalina POPP & Marius George POPA, 2023. "Energy Price Liberalization Consequences on Energy Production Market in the European Union," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 24(2), pages 251-260, May.
  • Handle: RePEc:rom:rmcimn:v:24:y:2023:i:2:p:251-260
    as

    Download full text from publisher

    File URL: https://www.rmci.ase.ro/no24vol2/07.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Joshuah K. Stolaroff & Constantine Samaras & Emma R. O’Neill & Alia Lubers & Alexandra S. Mitchell & Daniel Ceperley, 2018. "Energy use and life cycle greenhouse gas emissions of drones for commercial package delivery," Nature Communications, Nature, vol. 9(1), pages 1-13, December.
    2. Mary Dobbs & Viviane Gravey & Ludivine Petetin, 2021. "Driving the European Green Deal in Turbulent Times," Politics and Governance, Cogitatio Press, vol. 9(3), pages 316-326.
    3. Violeta Mihaela Dincă & Mihail Busu & Zoltan Nagy-Bege, 2022. "Determinants with Impact on Romanian Consumers’ Energy-Saving Habits," Energies, MDPI, vol. 15(11), pages 1-18, June.
    4. Victor Marian DUMITRACHE & Marian NASTASE & Valentin LAZAR & Cosmin ANDREICA & Petrut Cristian VASILACHE, 2021. "EU28 Countries Performance in eGovernment in 2019-2020," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 22(1), pages 102-109, January.
    5. Joshuah K. Stolaroff & Constantine Samaras & Emma R. O’Neill & Alia Lubers & Alexandra S. Mitchell & Daniel Ceperley, 2018. "Author Correction: Energy use and life cycle greenhouse gas emissions of drones for commercial package delivery," Nature Communications, Nature, vol. 9(1), pages 1-1, December.
    6. Guido Pepermans, 2019. "European energy market liberalization: experiences and challenges," International Journal of Economic Policy Studies, Springer, vol. 13(1), pages 3-26, January.
    Full references (including those not matched with items on IDEAS)

    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. Amine Masmoudi, M. & Mancini, Simona & Baldacci, Roberto & Kuo, Yong-Hong, 2022. "Vehicle routing problems with drones equipped with multi-package payload compartments," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 164(C).
    2. Palm, Alvar, 2022. "Innovation systems for technology diffusion: An analytical framework and two case studies," Technological Forecasting and Social Change, Elsevier, vol. 182(C).
    3. Kähler, Svantje T. & Abben, Thomas & Luna-Rodriguez, Aquiles & Tomat, Miriam & Jacobsen, Thomas, 2022. "An assessment of the acceptance and aesthetics of UAVs and helicopters through an experiment and a survey," Technology in Society, Elsevier, vol. 71(C).
    4. Pahwa, Anmol & Jaller, Miguel, 2022. "A cost-based comparative analysis of different last-mile strategies for e-commerce delivery," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 164(C).
    5. Dukkanci, Okan & Koberstein, Achim & Kara, Bahar Y., 2023. "Drones for relief logistics under uncertainty after an earthquake," European Journal of Operational Research, Elsevier, vol. 310(1), pages 117-132.
    6. Zhou, Hang & Qin, Hu & Cheng, Chun & Rousseau, Louis-Martin, 2023. "An exact algorithm for the two-echelon vehicle routing problem with drones," Transportation Research Part B: Methodological, Elsevier, vol. 168(C), pages 124-150.
    7. Grasu Stelian & Popp Ruxandra Mădălina, 2023. "An Overview of the European Union Legislation Regarding the Natural Gas Market," Proceedings of the International Conference on Business Excellence, Sciendo, vol. 17(1), pages 411-418, July.
    8. Meng, Shanshan & Guo, Xiuping & Li, Dong & Liu, Guoquan, 2023. "The multi-visit drone routing problem for pickup and delivery services," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 169(C).
    9. Pahwa, Anmol & Jaller, Miguel, 2023. "Assessing last-mile distribution resilience under demand disruptions," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 172(C).
    10. Tom Verstraten & Md Sazzad Hosen & Maitane Berecibar & Bram Vanderborght, 2023. "Selecting Suitable Battery Technologies for Untethered Robot," Energies, MDPI, vol. 16(13), pages 1-21, June.
    11. Nazim Hajiyev & Klaudia Smoląg & Ali Abbasov & Valeriy Prasolov, 2020. "Energy War Strategies: The 21st Century Experience," Energies, MDPI, vol. 13(21), pages 1-15, November.
    12. Cheng, Chun & Adulyasak, Yossiri & Rousseau, Louis-Martin, 2020. "Drone routing with energy function: Formulation and exact algorithm," Transportation Research Part B: Methodological, Elsevier, vol. 139(C), pages 364-387.
    13. Odysseas Christou, 2021. "Energy Security in Turbulent Times Towards the European Green Deal," Politics and Governance, Cogitatio Press, vol. 9(3), pages 360-369.
    14. René Bohnsack & Francesca Ciulli & Ans Kolk, 2021. "The role of business models in firm internationalization: An exploration of European electricity firms in the context of the energy transition," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 52(5), pages 824-852, July.
    15. Cosmina-Simona Toader & Ciprian Ioan Rujescu & Andrea Feher & Cosmin Salasan & Lavinia Denisia Cuc & Karoly Bodnar, 2023. "Generation Differences in the Behaviour of Household Consumers in Romania Related to Voluntary Measures to Reduce Electric Energy Consumption," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 25(64), pages 710-710, August.
    16. Olimpia-Iuliana Ban & Simona Dzitac & Attila Simó & Adrian Florea, 2023. "Romania Residents’ Attitude Investigation toward the Transition to Renewable Energy Sources through Importance-Performance Analysis," Sustainability, MDPI, vol. 15(20), pages 1-19, October.
    17. Charis Vlados & Dimos Chatzinikolaou & Foteini Kapaltzoglou, 2021. "Energy Market Liberalisation in Greece: Structures, Policy and Prospects," International Journal of Energy Economics and Policy, Econjournals, vol. 11(2), pages 115-126.
    18. Violeta Mihaela Dinca & Simona Moagar-Poladian & Tanase Stamule & Puiu Nistoreanu, 2023. "The REPowerEU Plan and the Transition to Green Energy in Romania," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 25(64), pages 676-676, August.
    19. Katja Biedenkopf, 2021. "Polish Climate Policy Narratives: Uniqueness, Alternative Pathways, and Nascent Polarisation," Politics and Governance, Cogitatio Press, vol. 9(3), pages 391-400.
    20. Cassetta, Ernesto & Nava, Consuelo R. & Zoia, Maria Grazia, 2022. "A three-step procedure to investigate the convergence of electricity and natural gas prices in the European Union," Energy Economics, Elsevier, vol. 105(C).

    More about this item

    Keywords

    energy market; energy price evolution; energy mix; liberalization process; energy market; EU.;
    All these keywords.

    JEL classification:

    • K32 - Law and Economics - - Other Substantive Areas of Law - - - Energy, Environmental, Health, and Safety Law
    • L94 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Electric Utilities
    • L95 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Gas Utilities; Pipelines; Water Utilities

    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:rom:rmcimn:v:24:y:2023:i:2:p:251-260. 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: Marian Nastase (email available below). General contact details of provider: https://edirc.repec.org/data/mnasero.html .

    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.