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Over recent years, EU economies have been exposed to energy price increases leading to adverse effects on consumers and industries. Some economies have also been confronted with disruptions to gas supply, affecting gas-dependent industrial activities and households. Arguably, the EU economy will continue to be exposed to risks related to energy prices, including potential oil shocks or gas shortages.
In order to assess how Member States are energy dependent and potentially vulnerable to energy price hikes and supply shortages, a set of energy dependence indicators (EDI) has been developed. Three dimensions of energy dependence are considered for this analysis: (1) security of energy supply, (2) energy and carbon intensity, and (3) contribution of energy products to trade. The performance of each of the 27 Member States is analysed and compared along each of these three dimensions. This cross-country analysis is complemented by 17 country fiches for the Member States which, in line with the results of our analysis, can be considered as vulnerable from an energy dependence point of view.
Over recent years, EU economies have been exposed to energy price increases leading to adverse effects on consumers and industries. Some economies have also been confronted with disruptions to gas supply, affecting gas-dependent industrial activities and households. Arguably, the EU economy will continue to be exposed to risks related to energy prices, including potential oil shocks or gas shortages.
In order to assess how Member States are energy dependent and potentially vulnerable to energy price hikes and supply shortages, a set of energy dependence indicators (EDI) has been developed. Three dimensions of energy dependence are considered for this analysis: (1) security of energy supply, (2) energy and carbon intensity, and (3) contribution of energy products to trade. The performance of each of the 27 Member States is analysed and compared along each of these three dimensions. This cross-country analysis is complemented by 17 country fiches for the Member States which, in line with the results of our analysis, can be considered as vulnerable from an energy dependence point of view.
