Abstract
The current global pandemic scenario has health implications, but also economic and social. Impacts on energy markets are examples of these consequences. Thus, the main objective of this research is to assess the impacts of the Covid-19 context on energy prices. Furthermore, it was intended to analyse the interrelationships of these frameworks with unemployment rates and excess mortality. For this purpose, several data and other pertinent information from international databases were considered and analysed. For the empirical analysis, econometric approaches were taken into account, as well as other methodologies associated with statistical analyses. The main findings of this research highlight that the impacts of the pandemic context on energy markets were several phases and the last one are the implications for price increases. The rise in energy prices is not only a consequence of the pandemic scenario, but also an implication of energy policies adopted worldwide, namely in the European Union (EU) member-states.
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Acknowledgements
This work is funded by National Funds through the FCT - Foundation for Science and Technology, I.P., within the scope of the project Refª UIDB/00681/2020. Furthermore we would like to thank the CERNAS Research Centre and the Polytechnic Institute of Viseu for their support. I would like to acknowledge also the suggestions provided by the participants at the 5th edition of ICEE—Energy & Environment: Bringing together Economics and Engineering—that took place at the University of Porto (Portugal), from 2 to 3 June 2022, where a version of this research was presented.
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Martinho, V.J.P.D. Impacts of the Covid-19 context on the European Union energy markets: interrelationships with sustainability. Environ Dev Sustain (2023). https://doi.org/10.1007/s10668-023-03605-2
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DOI: https://doi.org/10.1007/s10668-023-03605-2