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Trends of Primary Energy Consumption in EU-Its Dependence on Import

Author

Listed:
  • MARIANA PAPATULICĂ

    (Senior researcher, Centre of European studies, Institute for World Economy)

  • PETRE PRISECARU

    (PhD., Senior researcher, Centre of European studies, Institute for World Economy)

Abstract

The dynamics of primary energy consumption in EU can be related to the dynamics of GDP, if during economic boom was evident an increase of consumption with the burst of crisis and afterwards one may see a lowering consumption that stood out. But there were other factors that have influenced the dynamics of consumption, as the trend in oil prices and public policies for energy conservation. Dependence on energy imports of the EU has increased in the analyzed period, especially for countries in Central and Eastern Europe, and especially for crude oil and natural gas, while the main suppliers were Russia and Norway. But any serious analysis must be differentiated taken into account the specificity of energy mix/ sector in each MS and broad differences between energy policies across the EU.File-URL:http://www.globeco.ro/wp-content/uploads/vol/split/vol_4_no_2/geo_2016_vol4_no2_art_004.pdf

Suggested Citation

  • Mariana Papatulică & Petre Prisecaru, 2016. "Trends of Primary Energy Consumption in EU-Its Dependence on Import," Global Economic Observer, "Nicolae Titulescu" University of Bucharest, Faculty of Economic Sciences;Institute for World Economy of the Romanian Academy, vol. 4(2), pages 25-31, November.
    • Handle: RePEc:ntu:ntugeo:vol4-iss2-16-025
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    File URL: http://www.globeco.ro/wp-content/uploads/vol/split/vol_4_no_2/geo_2016_vol4_no2_art_004.pdf
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    More about this item

    Keywords

    primary energy; consumption; energy intensity; energy mix; energy supply; economic crisis; renewable energy; oil prices;
    All these keywords.

    JEL classification:

    • D47 - Microeconomics - - Market Structure, Pricing, and Design - - - Market Design
    • F64 - International Economics - - Economic Impacts of Globalization - - - Environment
    • P18 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Energy; Environment
    • Q35 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Hydrocarbon Resources
    • Q41 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Demand and Supply; Prices
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming

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