Analysis of the EU Energy Consumption Dynamics and its Impact on the Enterprise Economic Security

Author:

Khadzhynova Olena1ORCID,Simanavičienė Žaneta2ORCID,Zherlitsyn Dmytro3ORCID,Mints Oleksiy4ORCID,Namiasenko Yuriy5ORCID

Affiliation:

1. Sustainable Innovations Laboratory, Mykolas Romeris University, Ateities g. 20, 08303, Vilnius, LITHUANIA

2. Business Innovation Laboratory, Mykolas Romeris University, Ateities g. 20, 08303, Vilnius, LITHUANIA

3. Institute of Entrepreneurship, University of National and World Economy, 1700 Sofia, Student District, No.19 December 8th st., BULGARIA

4. Department of Finance and Banking, Educational Research Institute of Economics and Management, SHEI «Pryazovskyi State Technical University», D. Yavornytskyi av. 19, 49005, Dnipro, UKRAINE

5. National University of Life and Environmental Sciences of Ukraine, Heroiv Oborony Str.15, building 3, of. 207, 03041, Kyiv, UKRAINE

Abstract

Economic security of the EU energy is an urgent problem for all countries. The energy policy of the EU aims to diversify energy resources and achieve energy independence. However, after 2022, this issue has become more pressing. The paper also examines the dynamics of energy consumption by various countries and sectors of the economy and evaluates the impact of changes in the energy sector structure on the economic security of enterprises. The paper offers suggestions for improving the EU energy policy to ensure enterprise economic security. The paper also considers the dynamics of energy consumption by various sectors of the economy and assesses the impact of changes in the energy sector structure on the economic security of enterprises.

Publisher

World Scientific and Engineering Academy and Society (WSEAS)

Subject

General Energy,General Environmental Science,Geography, Planning and Development

Reference20 articles.

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