Prof. Đula Borozan, a member of the research team for the IPZET project – Integrated Approach to the Economic Challenges of the Green Transition, presented research results at the 5th scientific conference "Economic Encounters" of the Scientific Society of Economists, held on 12 and 13 December 2025 in Split.
The presentation, titled "Energy consumption under the influence of geopolitical risks and economic-policy uncertainty: the case of the European Union", provided research results on the impact of geopolitical risk (GPR), energy security risk (ESR), and economic-policy uncertainty (EPU) on final energy consumption in selected European Union countries during the period from 1995 to 2022. The research results indicate that energy security risk and economic-policy uncertainty have a negative and statistically significant impact on energy consumption, suggesting an increase in energy efficiency. Meanwhile, the combined effect of all three risks is statistically significant and should not be overlooked when creating strategic plans and energy policy measures.
