 Mitigating energy poverty in the European union welfare states through renewable energy and technological innovationEugenia Ramona Mara Economic Analysis and Policy, 2025, vol. 86, issue C, 438-460 Abstract: This research analyzes the main drivers of energy poverty in European Union countries between 2003 and 2022. In the last few years, energy poverty has continued to rise, exacerbated by recent factors such as the war between Russia and Ukraine and inflation. Based on fully modified ordinary least squares (FMOLS), energy prices and import dependence are confirmed to be significant factors contributing to the expansion of energy poverty. This study also provides an individualized perspective on the determinants of energy poverty in each EU welfare state model, thus contributing to the implementation of tailored solutions. The solution for counteracting this negative phenomenon with multiple social implications can be founded on developing renewable energy sources and technological innovation. The governments of EU countries must prioritize the financing of technological innovation to increase green energy as representing a sustainable path for reducing energy poverty in the long term. Keywords: Energy poverty; Technological innovation; Renewable energy; Welfare energy (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:ecanpo:v:86:y:2025:i:c:p:438-460 DOI: 10.1016/j.eap.2025.03.026 Access Statistics for this article Economic Analysis and Policy is currently edited by Clevo Wilson More articles in Economic Analysis and Policy from Elsevier |
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