Applying Energy Taxes to Promote a Clean, Sustainable and Secure Energy System: Finding the Preferable Approaches

The growing importance of climate change and the depletion natural resources, as well geopolitical risks associated with distribution energy cause an increase in urgency ensuring security. In modern conditions, criteria security are level production traditional renewable energy, efficiency production, rationality its consumption, pollution arising process functioning sector. Different types regulatory instruments used internationally to achieve different goals related This study involves testing hypothesis that effectiveness taxes is determined based on choice object taxation should be measured via complex effect changes various parameters To test this hypothesis, a sample data from 24 European countries for period 1994–2020 was formed were grouped into 12 groups (energy consumption sources, fossil fuels, electricity stimulate contributions funds, etc.). assessment carried out help panel regression modeling tools installation three-year time lag model. method made it possible determine short- medium-term effects influence certain taxes. Moreover, research provides across initial structures production. obtained results proved comprehensive depends features construction country’s system. general, most effective taxation, while funds least taxation. systems mineral oils security, high use, well-diversified systems. creates basis improving strategies use transformation building clean, secure, sustainable system country.