IMPLICATIONS OF THE TRANSITION TO THE CIRCULAR ECONOMY ON ENERGY POVERTY AT EUROPEAN LEVEL

AILINCA, Alina Georgeta; PICIU, Gabriela Cornelia

doi:10.65672/jfme.2025.1.1

IMPLICATIONS OF THE TRANSITION TO THE CIRCULAR ECONOMY ON ENERGY POVERTY AT EUROPEAN LEVEL

Authors

AILINCA, Alina Georgeta — Centre for Financial and Monetary Research “Victor Slavescu”, N.I.E.R., Romanian Academy, Bucharest, Romania
PICIU, Gabriela Cornelia — Centre for Financial and Monetary Research “Victor Slavescu”, N.I.E.R., Romanian Academy, Bucharest, Romania

Landing page: https://www.icfm.ro/jfme.icfm.ro/articles/vol13i1p7-20.html

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DOI: 10.65672/jfme.2025.1.1

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Abstract

The COVID-19 pandemic has brought into question the issue of housing space and decent living and working conditions. With the outbreak of the war in Ukraine, the problem has worsened due to the ever-increasing costs of energy products (especially oil and gas) at the European level. For the most vulnerable citizens, seriously exposed to the risk of energy poverty, solutions vary in the scope of restricting consumption, using dangerous non-compliant materials for heating and cooking, postponing bill payments, but also reducing spending on essential goods, such as food and medicine. Against this background, the increasingly important climate ambitions of European Union officials regarding the reduction of greenhouse gas emissions and the transition to a circular economy worsen the situation, through necessary investments in key infrastructure (e.g. energy, transport, etc.), which lead, through successive implications, to the support of these costs at the citizen level. In this context, the article analyzes, through an econometric model, with panel data, for the period 2015-2024, the implications of the circular economy transition captured by circular economy indicators on some energy poverty indicators at the EU27 level.

JEL Classification

C23, I31, P46

Keywords

energy poverty, circular economy, correlations, feedback

How to cite

AILINCA, Alina Georgeta; PICIU, Gabriela Cornelia (2025). IMPLICATIONS OF THE TRANSITION TO THE CIRCULAR ECONOMY ON ENERGY POVERTY AT EUROPEAN LEVEL. Journal of Financial Management and Economics, 13(1), 7-20. DOI: 10.65672/jfme.2025.1.1.

RePEc record

Handle: Repec:vls:rojfme:v:13:y:2025:i:1:p:7-20