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Energy Price Liberalization Consequences on Energy Production Market in the European Union

Author

Listed:
  • Stelian GRASU

    (Bucharest University of Economic Studies, Romania)

  • Ruxandra Madalina POPP

    (Bucharest University of Economic Studies, Romania)

  • Marius George POPA

    (Bucharest University of Economic Studies, Romania)

Abstract

In this paper, the author are making an overview of the energy market in European Union (EU) countries. The present EU energy market and its evolution after price liberalization decision is also analyzed in this article. The steps made to assure national energy markets integration and the evolution of energy consumption and prices are also presented in the manuscript. The dependence of Russian imports is an important issue nowadays in the EU and the main conclusion of the paper is that the governments should develop more the renewable energy systems in order to decrease the dependence on the Russian energy.

Suggested Citation

  • Stelian GRASU & Ruxandra Madalina POPP & Marius George POPA, 2023. "Energy Price Liberalization Consequences on Energy Production Market in the European Union," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 24(2), pages 251-260, May.
    • Handle: RePEc:rom:rmcimn:v:24:y:2023:i:2:p:251-260
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    File URL: https://www.rmci.ase.ro/no24vol2/07.pdf
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    References listed on IDEAS

    as
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    3. Victor Marian DUMITRACHE & Marian NASTASE & Valentin LAZAR & Cosmin ANDREICA & Petrut Cristian VASILACHE, 2021. "EU28 Countries Performance in eGovernment in 2019-2020," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 22(1), pages 102-109, January.
    4. Joshuah K. Stolaroff & Constantine Samaras & Emma R. O’Neill & Alia Lubers & Alexandra S. Mitchell & Daniel Ceperley, 2018. "Energy use and life cycle greenhouse gas emissions of drones for commercial package delivery," Nature Communications, Nature, vol. 9(1), pages 1-13, December.
    5. Joshuah K. Stolaroff & Constantine Samaras & Emma R. O’Neill & Alia Lubers & Alexandra S. Mitchell & Daniel Ceperley, 2018. "Author Correction: Energy use and life cycle greenhouse gas emissions of drones for commercial package delivery," Nature Communications, Nature, vol. 9(1), pages 1-1, December.
    6. Guido Pepermans, 2019. "European energy market liberalization: experiences and challenges," International Journal of Economic Policy Studies, Springer, vol. 13(1), pages 3-26, January.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    energy market; energy price evolution; energy mix; liberalization process; energy market; EU.;
    All these keywords.

    JEL classification:

    • K32 - Law and Economics - - Other Substantive Areas of Law - - - Energy, Environmental, Health, and Safety Law
    • L94 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Electric Utilities
    • L95 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Gas Utilities; Pipelines; Water Utilities

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