Economic sustainability of energy systems and prices in the EU

Wadim Strielkowski (), Wadim Strielkowski (), Wadim Strielkowski (), Wadim Strielkowski (), Evgeny Lisin (), Evgeny Lisin () and Elena Astachova ()
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Wadim Strielkowski: University of Cambridge, United Kingdom
Wadim Strielkowski: Prague College, Czech Republic
Wadim Strielkowski: National Research University "Moscow Power Engineering Institute", Russian Federation
Wadim Strielkowski: North-Caucasus Federal University, Russian Federation
Evgeny Lisin: Prague College, Czech Republic
Evgeny Lisin: National Research University "Moscow Power Engineering Institute", Russian Federation
Elena Astachova: North-Caucasus Federal University, Russian Federation
Authors registered in the RePEc Author Service: Wadim Strielkowski

Entrepreneurship and Sustainability Issues, 2017, vol. 4, issue 4, 591-600

Abstract: Economic sustainability of energy system and energy prices in the European Union (EU) constitutes an important issue that includes many multidimensional perspectives and calls for non-trivial solutions. Our paper tackles these issues in a critical manner attempting to analyse the interdependence between the economic growth and the energy prices. We employ an empirical analysis of energy prices and economic growth in the European Union (EU-28 Member States) and make conclusions based on the results of this analysis. Our conclusions can be used by the relevant stakeholders and policy-makers who are responsible for the regulation of energy systems or setting up the energy tariffs and the prices of energy.

Keywords: economic development; energy systems; sustainability; energy pricing; security; European Union (EU) (search for similar items in EconPapers)
JEL-codes: F50 P18 Q40 (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (9)

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Persistent link: https://EconPapers.repec.org/RePEc:ssi:jouesi:v:4:y:2017:i:4:p:591-600

DOI: 10.9770/jesi.2017.4.4(14)

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