Energy crises in contemporary world Cover Image

Kryzysy energetyczne we współczesnym świecie
Energy crises in contemporary world

Author(s): Anna Czech
Subject(s): Economy
Published by: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Keywords: energy crises; energy security; energy resources; European Union

Summary/Abstract: Under the conditions of contemporary world economy uninterrupted supply of energy has become the most important criterion for the proper functioning of any economy. Currently energy markets are experiencing many kinds of instability, which disturb conditions of harmonious economic development of countries that are dependent on imported energy. This instability may result from various reasons: it may be a result of political games played by energy producers and resource owners or a result of an increase in demand for natural resources and global competition in access to them. All this is reflected mostly in higher prices of natural resources and increasing uncertainty of supply. The aim of this paper is therefore to present the reasons of energy crises, their consequences and the contemporary areas of instability that have an impact on global energy market.

  • Issue Year: 2013
  • Issue No: 315 vol 1
  • Page Range: 167-174
  • Page Count: 8
  • Language: Polish