Projects

The impact of political and economic events in the global environment on energy prices and EU energy security: implications for the Slovak Republic

prof. Ing. Saleh Mothana Obadi, PhD.

Members of project
Ing. Daneš Brzica, PhD., Mgr. Ivana Gondášová, Ing. Matej Korček, PhD., prof. Ing. Juraj Sipko, PhD., MBA.

• Basic informations
• Characteristics

• Duration of the project: 01/2023 - 12/2026
  ID number: VEGA 2/0003/23

   

• Geopolitical and economic events in the global environment in recent years have significantly affected energy prices as well as the EU's energy security. The oil shocks, the global economic crisis, the ongoing and current conflict between Russia and Ukraine, the outbreak of the Covid-19 pandemic, the diversity and asynchrony of EU economic policies are all instances that have highlighted the problematic situation of energy policy and energy security of the EU, as well as energy price fluctuations. Energy, represented by energy commities is closely linked to international politics, geopolitical economy and national security, has become one of the key factors in ever-changing international relations, which has a major impact on political, economic and social stability. The research will focus primarily on identifying the effects of political and economic events in the global environment on energy prices and energy security in the European Union, with a specific focus on the implications for the Slovak Republic.