Empirical assessment of sustainable energy markets in the EU-28 |
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Authors: | María Teresa García-Álvarez Isabel Soares |
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Affiliation: | 1.Department of Business, Faculty of Economics and Business,University of A Coruna,La Coru?a,Spain;2.Research Centre in Economics and Finance (CEFUP) and Faculty of Economics,University of Porto,Porto,Portugal |
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Abstract: | Sustainable consumption and production policies have been developed by the EU as part of the United Nations 10-year framework programme on sustainable consumption and production. In this context, the study of energy consumption and production patterns might be especially relevant as the importance of energy input. This paper develops the Sustainable Energy Market Aggregated Index in the EU-28 that provides information about the achieved effects of sustainable consumption and production policies on energy efficiency, energy dependence, generation mix based on clean production technologies and competitive market structure. The results suggest that Denmark, Sweden, UK, Italy, the Netherlands have the better scores. Reinforcing measures are proposed for member states with the lowest results (Slovakia, Luxembourg, Estonia, Czech Republic and Belgium) in order to move towards more competitive energy markets. |
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