Impacts of the Covid-19 context on the European Union energy markets: interrelationships with sustainability

Vítor João Pereira Domingues Martinho ()
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Vítor João Pereira Domingues Martinho: Polytechnic Institute of Viseu (IPV)

Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, 2024, vol. 26, issue 9, No 59, 23465-23477

Abstract: Abstract The current global pandemic scenario has health implications, but also economic and social. Impacts on energy markets are examples of these consequences. Thus, the main objective of this research is to assess the impacts of the Covid-19 context on energy prices. Furthermore, it was intended to analyse the interrelationships of these frameworks with unemployment rates and excess mortality. For this purpose, several data and other pertinent information from international databases were considered and analysed. For the empirical analysis, econometric approaches were taken into account, as well as other methodologies associated with statistical analyses. The main findings of this research highlight that the impacts of the pandemic context on energy markets were several phases and the last one are the implications for price increases. The rise in energy prices is not only a consequence of the pandemic scenario, but also an implication of energy policies adopted worldwide, namely in the European Union (EU) member-states.

Keywords: Energy economics and markets; Econometric approaches; Macroeconomic indicators (search for similar items in EconPapers)
Date: 2024
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DOI: 10.1007/s10668-023-03605-2

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