The Impact of the Energy Crisis in Europe

The start of the war in Ukraine in the beginning of the 2022 had a significant impact on Europe, especially on the security of the gas supply. This has led to challenges and imbalances that require immediate action from the European Union in order to gradually end the reliance on imported Russian...

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Main Author: Maria Gheorghe
Format: Article
Language:English
Published: Ovidius University Press 2022-12-01
Series:Ovidius University Annals: Economic Sciences Series
Subjects:
Online Access:https://stec.univ-ovidius.ro/html/anale/RO/2022-issue2/Section%201%20and%202/11.pdf
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author Maria Gheorghe
author_facet Maria Gheorghe
author_sort Maria Gheorghe
collection DOAJ
description The start of the war in Ukraine in the beginning of the 2022 had a significant impact on Europe, especially on the security of the gas supply. This has led to challenges and imbalances that require immediate action from the European Union in order to gradually end the reliance on imported Russian fossil fuels. As a result, the issue of energy security was brought into attention, gaining real importance at the international, regional and national level, being an extremely important sector for states from a social perspective, economic, political, technological. These developments usher in a new era of study and methodology for energy security. This paper highlights the impact of the energy crisis in Europe that occurred due to the RussiaUkraine war that started in the beginning of the year and also the measures that the EU took in order to mitigate the effects.
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spelling doaj.art-510d81713b9b4dd6ba610a14d534848f2023-02-20T13:28:29ZengOvidius University PressOvidius University Annals: Economic Sciences Series2393-31272022-12-01XXII28489The Impact of the Energy Crisis in Europe Maria Gheorghe0Bucharest University of Economic Studies, RomaniaThe start of the war in Ukraine in the beginning of the 2022 had a significant impact on Europe, especially on the security of the gas supply. This has led to challenges and imbalances that require immediate action from the European Union in order to gradually end the reliance on imported Russian fossil fuels. As a result, the issue of energy security was brought into attention, gaining real importance at the international, regional and national level, being an extremely important sector for states from a social perspective, economic, political, technological. These developments usher in a new era of study and methodology for energy security. This paper highlights the impact of the energy crisis in Europe that occurred due to the RussiaUkraine war that started in the beginning of the year and also the measures that the EU took in order to mitigate the effects. https://stec.univ-ovidius.ro/html/anale/RO/2022-issue2/Section%201%20and%202/11.pdfeuropeenergysecuritycrisis
spellingShingle Maria Gheorghe
The Impact of the Energy Crisis in Europe
Ovidius University Annals: Economic Sciences Series
europe
energy
security
crisis
title The Impact of the Energy Crisis in Europe
title_full The Impact of the Energy Crisis in Europe
title_fullStr The Impact of the Energy Crisis in Europe
title_full_unstemmed The Impact of the Energy Crisis in Europe
title_short The Impact of the Energy Crisis in Europe
title_sort impact of the energy crisis in europe
topic europe
energy
security
crisis
url https://stec.univ-ovidius.ro/html/anale/RO/2022-issue2/Section%201%20and%202/11.pdf
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