Measuring the Economic Efficiency of the EU Energy Sector

Michaela Staňková
Additional contact information
Michaela Staňková: University of Defence, Brno, Czech Republic

European Journal of Business Science and Technology, 2026, vol. 12, issue 1

Abstract: This article evaluates the efficiency of primary energy production in EU countries using Data Envelopment Analysis. The analysis is based on aggregated macroeconomic and environmental data obtained from publicly available databases, with efficiency assessment explicitly accounting for carbon dioxide (CO₂) emissions as an undesirable output. The empirical results indicate relatively high average efficiency levels across the observed period, with several countries consistently operating on the efficiency frontier. In the second stage, a censored Tobit model is employed to examine the role of the energy mix. The findings suggest that both renewable and nuclear energy shares are positively associated with efficiency, with nuclear energy showing a somewhat stronger and more robust effect.

Keywords: efficiency; energy mix; emissions; EU; primary energy production (search for similar items in EconPapers)
JEL-codes: C24 C61 Q41 Q48 Q53 (search for similar items in EconPapers)
Date: 2026
References: Add references at CitEc
Citations:

Downloads: (external link)
http://ejobsat.cz/artkey/ejo-202601-0002_measuring ... eu-energy-sector.php (text/html)
free of charge

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:men:journl:v:12:y:2026:i:1

Access Statistics for this article

European Journal of Business Science and Technology is currently edited by Svatopluk Kapounek

More articles in European Journal of Business Science and Technology from Mendel University in Brno, Faculty of Business and Economics Contact information at EDIRC.
Bibliographic data for series maintained by Ivo Andrle ().