As the consumption of energy is responsible for approximately, 80% of GHG in EU, the impact of energy activity on the environment has received increasing attention over the last decades from scholars, researchers, politicians and society as a whole. Within EU member countries it is commonly...

At first sight the potential discrepancy between competitive behavior of market participants, trade rules and the basic notion of sustainable development may seem to be of a negligible importance. However, during the interactions of market processes with sustainability goals through various...

The Leviathan natural gas field has become a significant energy source for surrounding states in the eastern Mediterranean such as Lebanon, Cyprus, Syria, Israel, Jordan and Turkey. Tensions in the particular area cause this resource to be exploited on a low efficiency level both when it comes...

Energy is a crucial issue for mankind. Especially in modern times, energy has been a factor of economic development and wealth. Today energy is strictly related with the notion of empowerment since energy allows any kind of contemporary life for humans: entertainment, work and protection....

We reinvestigate the "rockets and feathers" effect between retail gasoline and crude oil prices in a new framework of fractional integration, long-term memory and borderline (non)stationarity. The most frequently used error-correction model is examined in detail and we find that the prices...

In this article, the long-lasting effects of the 2007-2008 global economic crises on the economy of the United States and Europe have been investigated and presented separately. In these economies, the permanence of this effect is given. Similar and different aspects are explained in terms of...

In most European countries in the energy sector, a reconsideration of renewable energy priorities is taking place, increasing consumer safety and protecting the environment through the use of renewable energy sources that provide an affordable and guaranteed solution in the medium and long term....

Due to the call for further integration of European markets and the targeted climate goals, both European electricity systems and markets have undergone continuous changes over the last few decades. As part of these developments, the so-called Flow-Based Market Coupling (FBMC) superseded the...