Sustainable Energy Development and Sustainable Economic Development in EU Countries

Janina Jędrzejczak-Gas, Joanna Wyrwa and Anetta Barska ()
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Janina Jędrzejczak-Gas: Faculty of Economic and Management, University of Zielona Góra, 65-417 Zielona Góra, Poland
Joanna Wyrwa: Faculty of Economic and Management, University of Zielona Góra, 65-417 Zielona Góra, Poland
Anetta Barska: Faculty of Economic and Management, University of Zielona Góra, 65-417 Zielona Góra, Poland

Energies, 2024, vol. 17, issue 7, 1-20

Abstract: Sustainable development is the subject of many economic analyses, but so far no attempt has been made to identify the main mechanism of interdependence between sustainable energy development and sustainable economic development in the second decade of the 21st century. The particular role of energy in achieving the Sustainable Development Goals is due to the fact that the production, supply and use of energy underpin economic growth. The article fills this research gap and spawns both a better understanding of the essence of sustainable development as well as practical conclusions. The aim is to assess sustainable energy development and sustainable economic development in EU member states and to determine the correlation between the two in the EU. Substantive and formal methods were used to select diagnostic variables, including: the parametric method, the standardized sums method, and correlation analysis. The analysis period covers the years 2014–2021. The conducted research demonstrated a significant variation in the level of sustainable energy development and sustainable economic development among EU countries.

Keywords: Sustainable Development Goals; sustainable energy development; sustainable economic development; multi-dimensional comparative analysis; EU countries (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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