Analysis of the EU-27 Countries Energy Markets Integration in Terms of the Sustainable Development SDG7 Implementation

The article presents the results of research related to the SDG7 sustainable development implementation analysis. The goal is to provide affordable and clean energy. Its implementation will allow for development that will simultaneously provide the possibility of economic growth and the achievement...

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Autores principales: Aurelia Rybak, Aleksandra Rybak, Spas D. Kolev
Formato: article
Lenguaje:EN
Publicado: MDPI AG 2021
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Acceso en línea:https://doaj.org/article/bc8597b2a7e24191a64ab8e3a3a9ce65
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Sumario:The article presents the results of research related to the SDG7 sustainable development implementation analysis. The goal is to provide affordable and clean energy. Its implementation will allow for development that will simultaneously provide the possibility of economic growth and the achievement of an optimal level of citizens’ health and life. The research was conducted for the countries of the European Union EU-27. During the analysis, the indicators proposed by Eurostat were used. The research aimed to examine the progress in EU member states’ energy markets integration. In order to carry out the indispensable research, it was necessary to use a spatial information system. Cluster analysis, as well as TSA analysis, were applied. The conducted research made it possible to verify the posed hypotheses and showed that the energy transformation process of the EU-27 countries is so complicated and heterogeneous that it has given rise to new independent and unique clusters. The authors also verified the adopted set of SDG7 achievement indicators using multiple regression. Additional indicators were also proposed that could complement the set and clarify its analyses.