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Assessment of the Region s Energy Security Level in the Process of Formation of the Common European Energy Space

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  • Nadiia Pysar

    (Vasyl Stefanyk Precarpathian National University, Ivano-Frankivsk, Ukraine)

Abstract

Creation of a single European energy space is impossible without proper and rapid assessment of the level of energy supply of the country. Depending on the specifics of regional development, indicators for assessing the level of energy security are different. Therefore, the study of the methodology for assessing the current state of the resource supply of the multifaceted energy system of the country is an important and topical task of the country's management. The proposed methodology for an integrated assessment of the economic security level is characterized by the use of the multiplicative form of the integrated index and contains a number of additional recent indices; simultaneous normalization of indices and their threshold values by a common normalizing function; substantiation of the threshold value vector; as well as by a formalized definition of weighting factors, which allows to compare the dynamics of the integrated index with integrated threshold values on one scale, i.e. correctly identify the state of economic security. The theoretical approaches to the integrated assessment of the country's energy security level have been analyzed and summarized and an evaluation methodology has been proposed that differs from the previous ones in that it allows to assess in detail the energy security level in the regional context. The paper describes the results of developing a methodology for assessing Ukraine's energy security based on an indicative approach. The methodology for predicting threats to the country's energy security has been provided. The numerical values and data sources of Ukraine's energy security indices have been presented.

Suggested Citation

  • Nadiia Pysar, 2019. "Assessment of the Region s Energy Security Level in the Process of Formation of the Common European Energy Space," International Journal of Energy Economics and Policy, Econjournals, vol. 9(4), pages 149-157.
  • Handle: RePEc:eco:journ2:2019-04-19
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    References listed on IDEAS

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    1. Kisel, Einari & Hamburg, Arvi & Härm, Mihkel & Leppiman, Ando & Ots, Märt, 2016. "Concept for Energy Security Matrix," Energy Policy, Elsevier, vol. 95(C), pages 1-9.
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    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. Ahmad Alshwawra & Ahmad Almuhtady, 2020. "Impact of Regional Conflicts on Energy Security in Jordan," International Journal of Energy Economics and Policy, Econjournals, vol. 10(3), pages 45-50.
    3. Nadiia Pysar & Dergachova Viktoria & Olena Vynogradova & Olga Guseva, 2020. "Gross Domestic Product Energy Intensity Level as a Criterion for Evaluating the Energy Security of National Economy," International Journal of Energy Economics and Policy, Econjournals, vol. 10(4), pages 424-429.

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    More about this item

    Keywords

    energy security; indicative analysis; threats; prediction; fuel and energy resources; modeling; assessment of the energy security level.;
    All these keywords.

    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • P28 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Natural Resources; Environment
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy

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