FINANCIAL CRISIS: UNDERSTANDING EFFECTS ON EUROPEAN ELECTRIC UTILITIES PERFORMANCE

• Type: Article in International Conference Proceedings Book
• Date: 2017

Authors

Guerra Mota, M (Author) Other; Aquino, T (Author) Other; Soares, I (Author) FEP

Conference proceedings International

Title: PROCEEDINGS OF THE 3RD INTERNATIONAL CONFERENCE ON ENERGY AND ENVIRONMENT (ICEE 2017)

Pages: 643-650

3rd Internacional Conference on Energy and Environment (ICEE) - Bringing Together Economics and Engineering

Porto, PORTUGAL, JUN 29-30, 2017

Indexing

ISI Web of Knowledge - 0 Citations

Scopus - 4 Citations

Other information

Authenticus ID: P-00P-QKP

DOI: 10.5278/ijsepm.2018.18.4

Abstract (EN): The 2008-2012 financial crisis experienced in the Europe has impacted both the politics of energy and the activity of agents that operate at the level of production, trading or distribution of energy. 2010 year marks the increasing severity and peaking of sovereign debt crisis, mainly in EU peripheral countries, but having significant economic effects on entire EU. This article characterizes the business context and presents an analysis of the environmental, social, economic and financial information, generically reported by European electric utilities in 2010 to characterize the impact of the financial crisis on their performance. European electricity utilities were chosen as the object of the present study, both because having a large impact on society, economy and environment and because integrating a regulatory and market specific context. Having to deal with a crescently challenging scenario drived by EU policies, electric utilities were also strongly affected by economic, social and financial consequences of the crisis. The use of PCA techniques allowed identifying a set of indicators representative of the drivers and challenges of that particular period of time, which was determinant for coming developments.

Language: English

Type (Professor's evaluation): Scientific

No. of pages: 8