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The study aims to assess household energy poverty in European Union (EU) countries, comparing them based on the Objective Energy Poverty Index and the Subjective Energy Poverty Index. The Objective Energy Poverty Index is derived from indicators such as energy expenditure share, risk-of-poverty rate, and electricity prices. The Subjective Energy Poverty Index includes indicators such as the inability to keep the home adequately warm, arrears on utility bills, and bad housing conditions. Both indices aggregate the indicators mentioned above using equal and non-equal weighting approaches. The analysis uses country-level data from 2019 to 2023 sourced from Eurostat. The findings indicate considerable variation in household energy poverty across the EU, with more pronounced inequalities in subjective indicators than objective ones. Additionally, the study reveals a weak correlation between the Objective Energy Poverty Index and the Subjective Energy Poverty Index, leading to differing country rankings based on these indices. However, the choice of weights in constructing the energy poverty indices does not significantly impact a country’s energy poverty ranking. The paper also identifies countries where household energy poverty decreased in 2023 compared to 2019 and those where it increased. Regarding the Subjective Energy Poverty Index, Croatia and Hungary showed the most notable improvement in their rankings among European countries, while France, Germany, and Spain deteriorated their positions. According to the Objective Energy Poverty Index, Bulgaria, Croatia, Portugal, and Spain demonstrated the most significant improvement, whereas Greece experienced a considerable decline.
The study aims to assess household energy poverty in European Union (EU) countries, comparing them based on the Objective Energy Poverty Index and the Subjective Energy Poverty Index. The Objective Energy Poverty Index is derived from indicators such as energy expenditure share, risk-of-poverty rate, and electricity prices. The Subjective Energy Poverty Index includes indicators such as the inability to keep the home adequately warm, arrears on utility bills, and bad housing conditions. Both indices aggregate the indicators mentioned above using equal and non-equal weighting approaches. The analysis uses country-level data from 2019 to 2023 sourced from Eurostat. The findings indicate considerable variation in household energy poverty across the EU, with more pronounced inequalities in subjective indicators than objective ones. Additionally, the study reveals a weak correlation between the Objective Energy Poverty Index and the Subjective Energy Poverty Index, leading to differing country rankings based on these indices. However, the choice of weights in constructing the energy poverty indices does not significantly impact a country’s energy poverty ranking. The paper also identifies countries where household energy poverty decreased in 2023 compared to 2019 and those where it increased. Regarding the Subjective Energy Poverty Index, Croatia and Hungary showed the most notable improvement in their rankings among European countries, while France, Germany, and Spain deteriorated their positions. According to the Objective Energy Poverty Index, Bulgaria, Croatia, Portugal, and Spain demonstrated the most significant improvement, whereas Greece experienced a considerable decline.
Meeting renewable energy targets is one of the most significant global challenges to achieving SDG 7—Ensure access to affordable, reliable, sustainable, and modern energy for all. This study focuses on the global energy transition to understand the factors that influence success or failure in achieving targets. First, the gap between the stated targets and our predictions was calculated. Next, the roles of economic, political, and environmental variables in determining this gap were analyzed. Data were collected from 63 countries from 2000 to 2022, ensuring the global representativeness and robustness of the results. Many countries may struggle to meet their renewable energy targets. Political stability, regulatory quality, and investment freedom play a remarkable role in helping countries get closer to achieving their targets. More industrialized countries with large populations face greater challenges due to high energy intensity. This paper aims to predict the propensity of countries to meet their energy targets by integrating the forecasting and analysis of the economic, political, and geographical factors that influence a green transition. The results provide new insights into how socioeconomic and geopolitical differences influence the energy transition, offering insights for more effective policies. It is argued that accelerated administrative procedures are needed to reduce investment uncertainty and improve energy systems’ flexibility. In addition, involving local communities in the decision-making process is important to ensure the acceptance of RE projects. Finally, introducing energy markets that reflect the characteristics of renewable sources is recommended to facilitate a more rapid and sustainable transition.
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