Impact of energy transitions on energy poverty in the European Union
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Abstract
While there is a consensus on the importance of energy transitions for achieving a zero-carbon economy, concerns about unfavorable social impacts on most vulnerable groups have often been raised. This study examines the complex links between energy transitions, economic growth, income inequality, and energy poverty in 27 EU countries, based on panel data from 2011 to 2020. The study introduces a new energy poverty measure incorporating six indicators using principal components analysis (PCA). Our method of moments quantile regression (MMQR) model captures asymmetries in the data collected from Eurostat and the World Bank without compromising accuracy.
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51
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- 19.72
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- 100%
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Authors
3Topics & keywords
Topics
Keywords
- Energy poverty
- European union
- Energy (signal processing)
- Poverty
- Political science
- Development economics
- Economics
- International trade
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