IDEAS home Printed from https://ideas.repec.org/a/ovi/oviste/vxxiiy2022i2p84-89.html
   My bibliography  Save this article

The Impact of the Energy Crisis in Europe

Author

Listed:
  • Maria Gheorghe

    (Bucharest University of Economic Studies, Romania)

Abstract

The start of the war in Ukraine in the beginning of the 2022 had a significant impact on Europe, especially on the security of the gas supply. This has led to challenges and imbalances that require immediate action from the European Union in order to gradually end the reliance on imported Russian fossil fuels. As a result, the issue of energy security was brought into attention, gaining real importance at the international, regional and national level, being an extremely important sector for states from a social perspective, economic, political, technological. These developments usher in a new era of study and methodology for energy security. This paper highlights the impact of the energy crisis in Europe that occurred due to the RussiaUkraine war that started in the beginning of the year and also the measures that the EU took in order to mitigate the effects.

Suggested Citation

  • Maria Gheorghe, 2022. "The Impact of the Energy Crisis in Europe," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 84-89, Decembrie.
    • Handle: RePEc:ovi:oviste:v:xxii:y:2022:i:2:p:84-89
    as

    Download full text from publisher

    File URL: https://stec.univ-ovidius.ro/html/anale/RO/2022-issue2/Section%201%20and%202/11.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Winzer, Christian, 2012. "Conceptualizing energy security," Energy Policy, Elsevier, vol. 46(C), pages 36-48.
    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. Elena Vechkinzova & Yelena Petrenko & Yana S. Matkovskaya & Gaukhar Koshebayeva, 2021. "The Dilemma of Long-Term Development of the Electric Power Industry in Kazakhstan," Energies, MDPI, vol. 14(9), pages 1-21, April.
    2. Gupta, Kuhika & Nowlin, Matthew C. & Ripberger, Joseph T. & Jenkins-Smith, Hank C. & Silva, Carol L., 2019. "Tracking the nuclear ‘mood’ in the United States: Introducing a long term measure of public opinion about nuclear energy using aggregate survey data," Energy Policy, Elsevier, vol. 133(C).
    3. Andrew Chapman & Timothy Fraser & Melanie Dennis, 2019. "Investigating Ties between Energy Policy and Social Equity Research: A Citation Network Analysis," Social Sciences, MDPI, vol. 8(5), pages 1-18, April.
    4. Nyga-Łukaszewska Honorata & Napiórkowski Tomasz M., 2023. "Energy security as a source of international competitiveness in new EU member states," International Journal of Management and Economics, Warsaw School of Economics, Collegium of World Economy, vol. 59(3), pages 209-224, September.
    5. Ewa Chomać-Pierzecka & Andrzej Kokiel & Joanna Rogozińska-Mitrut & Anna Sobczak & Dariusz Soboń & Jacek Stasiak, 2022. "Hydropower in the Energy Market in Poland and the Baltic States in the Light of the Challenges of Sustainable Development-An Overview of the Current State and Development Potential," Energies, MDPI, vol. 15(19), pages 1-19, October.
    6. 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.
    7. Mazur, Christoph & Hoegerle, Yannick & Brucoli, Maria & van Dam, Koen & Guo, Miao & Markides, Christos N. & Shah, Nilay, 2019. "A holistic resilience framework development for rural power systems in emerging economies," Applied Energy, Elsevier, vol. 235(C), pages 219-232.
    8. Huang, Beijia & Zhang, Long & Ma, Linmao & Bai, Wuliyasu & Ren, Jingzheng, 2021. "Multi-criteria decision analysis of China’s energy security from 2008 to 2017 based on Fuzzy BWM-DEA-AR model and Malmquist Productivity Index," Energy, Elsevier, vol. 228(C).
    9. Dmitriy Barkhatov & Petr Marek & Jan Martin Rolenc & Jarolím Antal, 2019. "Nuclear power expansion and its economic implications to the energy security of the Czech Republic," Současná Evropa, Prague University of Economics and Business, vol. 2019(1), pages 29-51.
    10. Toka, Agorasti & Iakovou, Eleftherios & Vlachos, Dimitrios & Tsolakis, Naoum & Grigoriadou, Anastasia-Loukia, 2014. "Managing the diffusion of biomass in the residential energy sector: An illustrative real-world case study," Applied Energy, Elsevier, vol. 129(C), pages 56-69.
    11. Siqi Li & Rongrong Li, 2017. "Energy Sustainability Evaluation Model Based on the Matter-Element Extension Method: A Case Study of Shandong Province, China," Sustainability, MDPI, vol. 9(11), pages 1-9, November.
    12. Aldona Standar & Agnieszka Kozera & Łukasz Satoła, 2021. "The Importance of Local Investments Co-Financed by the European Union in the Field of Renewable Energy Sources in Rural Areas of Poland," Energies, MDPI, vol. 14(2), pages 1-23, January.
    13. 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.
    14. Evgeny Lisin & Wadim Strielkowski & Veronika Chernova & Alena Fomina, 2018. "Assessment of the Territorial Energy Security in the Context of Energy Systems Integration," Energies, MDPI, vol. 11(12), pages 1-14, November.
    15. Gelengul KOCASLAN, 2014. "International Energy Security Indicators and Turkey s Energy Security Risk Score," International Journal of Energy Economics and Policy, Econjournals, vol. 4(4), pages 735-743.
    16. Stanisław Bielski & Renata Marks-Bielska & Anna Zielińska-Chmielewska & Kęstutis Romaneckas & Egidijus Šarauskis, 2021. "Importance of Agriculture in Creating Energy Security—A Case Study of Poland," Energies, MDPI, vol. 14(9), pages 1-20, April.
    17. Karen Pittel, 2012. "Das energiepolitische Zieldreieck und die Energiewende," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 65(12), pages 22-26, June.
    18. Aurelia Rybak & Aleksandra Rybak & Jarosław Joostberens, 2023. "The Impact of Removing Coal from Poland’s Energy Mix on Selected Aspects of the Country’s Energy Security," Sustainability, MDPI, vol. 15(4), pages 1-13, February.
    19. Aleh Cherp & Jessica Jewell, 2013. "Energy security assessment framework and three case studies," Chapters, in: Hugh Dyer & Maria Julia Trombetta (ed.), International Handbook of Energy Security, chapter 8, pages 146-173, Edward Elgar Publishing.
    20. Qian-Cheng Wang & Yi-Xuan Wang & Izzy Yi Jian & Hsi-Hsien Wei & Xuan Liu & Yao-Tian Ma, 2020. "Exploring the “Energy-Saving Personality Traits” in the Office and Household Situation: An Empirical Study," Energies, MDPI, vol. 13(14), pages 1-17, July.

    More about this item

    Keywords

    Europe; energy; security; crisis;
    All these keywords.

    JEL classification:

    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy

    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:ovi:oviste:v:xxii:y:2022:i:2:p:84-89. 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: Gheorghiu Gabriela (email available below). General contact details of provider: https://edirc.repec.org/data/feoviro.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.