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THE IMPLICATION OF THE RUSSIAN INVASION OF UKRAINE ON THE EUROPEAN ENERGY SUPPLY

Hayyan Boubou ()
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Hayyan Boubou: Faculty of Business and Economics, University of Debrecen, Debrecen, Hungary

Annals of Faculty of Economics, 2023, vol. 32, issue 2, 178-187

Abstract: The invasion of Russia into Ukraine is primarily a humanitarian concern, compounded by the energy crisis that has far-reaching implications for the European Union and other global regions. This paper reviews the implication of the Russian invasion of Ukraine on European energy security to provide an overview of the European energy dependency on Russian and how the sanctions levied by the EU affected the energy supply. Also, it offers some insights into alternative energy sources' role in providing more sustainable and autonomous energy sources.

Keywords: Energy security; Russia-Ukraine war; Sustainable energy; EU's energy policy; European economies (search for similar items in EconPapers)
JEL-codes: E31 F52 Q01 Q43 (search for similar items in EconPapers)
Date: 2023
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