The Influence of the Global Energy Crisis on Energy Efficiency: A Comprehensive Analysis

Energies, Journal Year: 2024, Volume and Issue: 17(4), P. 947 - 947

Published: Feb. 18, 2024

The global energy crisis, which began in 2021 due to the extraordinary economic recovery after pandemic and intensified Russia’s invasion of Ukraine February 2022, has changed conditions management, paying more attention efficiency. Natural gas prices have reached record levels and, consequently, so electricity some markets. Oil their highest level since 2008. Higher contributed sharply increased inflation. Households are again becoming interested buying coal as a source heat. High pushed many families into poverty forced factories cut production or even close. They also slowed growth point where countries heading for serious recession. Paradoxically, negative effects crisis may accelerate introduction cleaner, sustainable, renewable such wind solar energy. is comparable oil 1970s, when it significant advances current highlighted importance investments resources initiated process integrating regional markets, developing efficiency promoting energies. aim this article comprehensively explore complex relationship between awareness, consumption patterns, efficiency, with focus on both individual consumers industries, during crisis. This paper based literature review, overarching policy documents, reports, other secondary documents. primary research method was systematic review method, impact evaluated. study emphasizes diverse influences ranging from factors consumer preferences environmental consciousness. findings underscore responsibility industries contributing energy-saving efforts active role market. highlighted, call comprehensive approach that integrates criteria product development corporate social responsibility.

Language: Английский

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Impact of the Israel–Hamas conflict on financial markets of MENA region – a study on investors’ reaction

Journal of economic and administrative sciences., Journal Year: 2024, Volume and Issue: unknown

Published: Sept. 24, 2024

Purpose This study aims to examine market reactions the Israel–Hamas conflict in neighboring countries, particularly focusing on Middle East North Africa (MENA) region. Design/methodology/approach The adopts an event methodology, employing average abnormal return (AAR) and cumulative as measures assess reactions. sample for this comprises 1,314 companies, with October 9, 2023, identified day analysis. Findings results of our indicate that countries close proximity Israel Palestine encountered detrimental effects their capital markets, evidenced by negative responses observed across various sectors. Our analysis also reveals midst conflict, Israel, experienced a decrease stock markets sectors, exception materials real estate. In addition, investigation disparities according different categories company size. Originality/value research is first MENA region at level.

Language: Английский

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<div> Geo-Political Realignment: The Evolution of Pak-Russia Strategic&nbsp;<span>Partnership</span> </div>

SSRN Electronic Journal, Journal Year: 2025, Volume and Issue: unknown

Published: Jan. 1, 2025

Download This Paper Open PDF in Browser Add to My Library Share: Permalink Using these links will ensure access this page indefinitely Copy URL DOI

Language: Английский

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The nexus between energy security and primary energy supply: An empirical study focusing on an energy striped country

Renewable and Sustainable Energy Reviews, Journal Year: 2025, Volume and Issue: 214, P. 115462 - 115462

Published: Feb. 20, 2025

Language: Английский

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Pathways toward zero-emission textile industry by 2050: A case study of Albania

Energy Reports, Journal Year: 2025, Volume and Issue: 13, P. 4034 - 4053

Published: April 5, 2025

Language: Английский

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Asymmetric effects of financial and technological development on green energies: Evidence from solar, wind and renewable electricity with an emphasis on crisis conditions

Results in Engineering, Journal Year: 2025, Volume and Issue: unknown, P. 105123 - 105123

Published: April 1, 2025

Language: Английский

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Financial performance of EU-27 fossil fuel companies and their counterparts after imposing energy sanctions on Russia: A comparative analysis

Russian Journal of Economics, Journal Year: 2024, Volume and Issue: 10(2), P. 190 - 210

Published: July 4, 2024

The conflict between Russia and Ukraine, along with the imposition of energy sanctions on Russian sources, has prompted a reassessment global market. Utilizing difference in differences model, this study investigates financial performance disparities among fossil fuel companies operating within EU-27 bloc, Russia, countries such as United States, Kingdom, Qatar, Norway, India, China, UAE, Saudi Arabia (countries that have benefitted from exporting to an alternative Russia) during period spanning 2016 2023. result reveals experienced significant advantages substituting supplying oil, natural gas, LNG EU-27. This is evidenced by notable enhancement their compared both EU-27-based companies. For companies, highlights urgency diversifying export import markets, broadening partnerships for trading refining, transitioning production lower-emission forms, enhancing sustainable development practices mitigate risks. At national level, research results indicate reliant imported energy, akin most EU-27, must swiftly diversify sources focus developing renewable energy. strategy crucial avoid unexpected shocks market era geopolitical conflicts uncertainty.

Language: Английский

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Essence and features of economic security of the industry sector

Development Management, Journal Year: 2024, Volume and Issue: 23(2), P. 16 - 24

Published: May 20, 2024

Ensuring the economic security of industry sector and its element, energy security, is critical for economies countries, especially in current environment escalating military conflicts. The purpose this study was to investigate most likely risks industrial sector, taking example oil industry. employed formal legal method, method qualitative textual analysis, descriptive statistical survey method. determined place specifically industry, system emphasised exceptional significance, times war. principal global were identified, including increased dependence import-dependent countries dependent on exports; escalation conflicts due disagreements over resource control; terrorist cyberattacks. It found that main threats Ukraine are generated by Russia’s invasion territory, which entails such as physical destruction facilities cybersecurity breaches. confirmed war could have a substantial impact European Union. This may result postponement association’s environmental goals need urgently ensure own security. identified ways improve Ukrainian war, ensuring cybersecurity, developing crisis response plans, improving efficiency national findings be useful measures optimise policy

Language: Английский

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Tracking the European transition from fuel dependence to sustainable mobility

Environmental Economics, Journal Year: 2024, Volume and Issue: 15(2), P. 164 - 184

Published: Nov. 8, 2024

This study aims to track the EU’s shift from fuel dependence sustainable mobility, assessing current impacts and future efforts for low- zero-emission vehicles renewable fuels reduce crude hydrocarbon imports greenhouse gas emissions. The paper uses methods of composite indices emission intensity, decomposition analysis emissions, causal relationship between transport traffic mobility objectives. Empirical results indicate that deploying in EU saved 10 million tons oil prevented 49 tCO2eq Advancements were more effective curbing emissions (4.7%) than reducing (1.9%) 2013 2022. Projections 2025 objectives significant needed avoid an extra 61 tCO2eq, including adding over 13 units producing about 2 fuel. Both targets are currently at risk. highlights latent potential other hydrocarbons can be transformed non-fossil energy sources. Therefore, monitoring impact is a crucial task transport. It enables informed decisions strategy adaptations ensures environmental economic met both timely effectively. AcknowledgmentThis article funded by National Research Foundation Ukraine within framework Creation Production Synthetic Liquid Fuel Coal War Post-War Periods project (registration number 2022.01/0061) implemented Science Reconstruction competition.

Language: Английский

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The Economic Aspect of the Russian-Ukrainian War

International Journal of Religion, Journal Year: 2024, Volume and Issue: 5(10), P. 1898 - 1908

Published: June 23, 2024

The research dealt with the economic aspects of Russian-Ukrainian war in context food security and energy security, as it becomes clear that these conflicts have caused significant negative impacts on agricultural sectors world. Wars may disrupt approach to resources necessary for production, leading a scarcity supplies an increase prices, addition disruption operate industries meet population's needs, which exposes economy more challenges.

Language: Английский

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