Energy Economy and Sustainable Development

A special issue of Economies (ISSN 2227-7099). This special issue belongs to the section "Economic Development".

Deadline for manuscript submissions: closed (28 February 2025) | Viewed by 5465

Special Issue Editors


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Guest Editor
School of Business, Central South University, Changsha 410083, China
Interests: energy finance; green finance; energy and environmental economics
Special Issues, Collections and Topics in MDPI journals
Adam Smith Business School, University of Glasgow, Glasgow G12 8QQ, UK
Interests: corporate finance; energy economics; green finance
Special Issues, Collections and Topics in MDPI journals

Special Issue Information

Dear Colleagues,

Energy is a vital resource that drives economic growth and development, but its use has significant environmental and social implications. The role of energy in sustainable development has become increasingly important in recent years. The world is currently facing unprecedented challenges related to energy use, such as climate change, energy security, and access to modern energy services. These challenges have highlighted the need for a transition to a sustainable energy system that supports development goals. This call for papers seeks to explore the intersections of energy economy and sustainable development, with a focus on the challenges and opportunities involved in achieving a sustainable energy future.

Topics of interest include, but are not limited to:

  • Energy and sustainable development: What are the implications of energy use on development goals, such as poverty reduction, health, education, and gender equality?
  • Energy access and equity: How can access to modern energy services be improved for underserved populations while ensuring equity and social justice?
  • Energy and climate change: What are the implications of energy use on climate change and how can the energy sector contribute to global efforts to mitigate and adapt to its impacts?
  • Energy security and governance: What are the challenges and opportunities for energy security and governance in the context of sustainable development?
  • Energy innovation and entrepreneurship: How can innovation and entrepreneurship in the energy sector contribute to sustainable development goals?
  • Energy policy and regulation: What are the policy and regulatory frameworks needed to facilitate the transition to a sustainable energy system?
  • Energy and the circular economy: How can the principles of the circular economy be applied to the energy sector to promote sustainable development?

Dr. Xiaohang Ren
Dr. Yukun Shi
Guest Editors

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Published Papers (3 papers)

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Research

27 pages, 669 KiB  
Article
Exploring the Influence of Government Controversies on the Energy Security and Sustainability of the Energy Sector Using Entropy Weight and TOPSIS Methods
by Georgia Zournatzidou, Christos Floros and Konstantina Ragazou
Economies 2025, 13(5), 124; https://doi.org/10.3390/economies13050124 - 5 May 2025
Viewed by 113
Abstract
In contemporary times, energy sustainability and security have become essential economic concerns globally. Nonetheless, in addition to these concerns, inadequate governance inside a corporation within the energy industry may result in corruption and energy instability within the sector. The primary purpose of this [...] Read more.
In contemporary times, energy sustainability and security have become essential economic concerns globally. Nonetheless, in addition to these concerns, inadequate governance inside a corporation within the energy industry may result in corruption and energy instability within the sector. The primary purpose of this study was to examine the influence of a new array of corporate governance controversies on the energy security of 102 listed energy businesses in Europe. To achieve the purpose of this study, entropy weight and TOPSIS multicriteria approaches were used. The data were obtained from the Refinitiv Eikon database for fiscal year 2024. The findings reveal that the most significant influence, among the identified governance concerns that affect the energy security of European energy corporations, is the detrimental effect of the directors’ people. Moreover, the criteria that constitute bribery, corruption, and fraud scandals seem to be the second most significant element affecting the energy security of the enterprises in this industry. The risk of corruption in governance is exacerbated in the realm of renewable energy due to several converging factors: the urgent demands to implement new projects in response to the climate crisis, apprehensions regarding energy security, potential access to lucrative contracts, and the existence of ‘rent-seeking’ gatekeepers within the processes central to the development and operation of renewable energy assets. Full article
(This article belongs to the Special Issue Energy Economy and Sustainable Development)
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17 pages, 2177 KiB  
Article
Research on Relationship between Energy Consumption and GDP in Kazakhstan
by Xuan Zhai, Jappar Juman, Aiymzhan Tulegenovna Makulova, Assel Valitkhanovna Khamzayeva and Binghan Du
Economies 2024, 12(8), 212; https://doi.org/10.3390/economies12080212 - 20 Aug 2024
Viewed by 1631
Abstract
The relationship between energy consumption and economic development is one of the primary indicators for elaborating energy policies. Different countries are at different stages of economic development and have different levels of energy consumption. Since independence, Kazakhstan’s economic development has gone through three [...] Read more.
The relationship between energy consumption and economic development is one of the primary indicators for elaborating energy policies. Different countries are at different stages of economic development and have different levels of energy consumption. Since independence, Kazakhstan’s economic development has gone through three stages: the unstable stage (1992–2000), the stage of rapid development (2001–2013), and the stage of stable development (2014–present). Kazakhstan’s economy is shifting from an industry-led economy to a service-led economy, thus, the relationship between energy consumption and economic growth also changes. By analyzing the data on energy consumption and GDP during 1992–2023, it was found that a 1% growth of GDP caused a 0.3972% growth of energy consumption in Kazakhstan on average. Due to the long period of economic influence on energy consumption, Kazakhstan could realize the adjustment of the energy consumption structure without affecting economic development by eliminating fossil energy subsidies, reducing taxes on projects for the development of renewable energy, and increasing energy-saving facilities. Full article
(This article belongs to the Special Issue Energy Economy and Sustainable Development)
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22 pages, 3592 KiB  
Article
Approaches to a New Regional Energy Security Model in the Perspective of the European Transition to Green Energy
by Otilia Rica Man, Riana Iren Radu, Iuliana Oana Mihai, Cristina Maria Enache, Sofia David, Florentina Moisescu, Mihaela Cristina Onica Ibinceanu and Monica Laura Zlati
Economies 2024, 12(3), 61; https://doi.org/10.3390/economies12030061 - 4 Mar 2024
Cited by 4 | Viewed by 2744
Abstract
The EU energy sector became a very important one as a result of the war in Ukraine. On the other hand, the EU started in defining and implementing new strategies regarding green economy and sustainability. Even though these strategies cover short and medium [...] Read more.
The EU energy sector became a very important one as a result of the war in Ukraine. On the other hand, the EU started in defining and implementing new strategies regarding green economy and sustainability. Even though these strategies cover short and medium periods, they have as a main goal the decrease in the EU’s dependence of energy imports. This research is focused on present challenges, risks, and uncertainties related to energy production and consumption in all EU member states. In order to achieve the research objectives, a huge statistical database, which covered 2012–2021, was used. The analysis is based on specific indicators regarding primary energy production; imports and exports; gross available energy; final energy consumption; non-energy consumption; energy dependency; and energy intensity. There are at least three research procedures used in this paper: a meta-analysis, a statistical analysis, and an econometric analysis, as well. Finally, the analysis points out the disparities between member states regarding energetic resources and energy dependency using a new model for quantifying risk factors in the European energy system. Moreover, new public policies are proposed by the authors under a cluster approach of the EU’s regions. Full article
(This article belongs to the Special Issue Energy Economy and Sustainable Development)
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