Research Article

Comparative Analysis of OECD Countries Based on Energy Trilemma Index: A Clustering Approach

Volume: 40 Number: 1 March 14, 2025
EN TR

Comparative Analysis of OECD Countries Based on Energy Trilemma Index: A Clustering Approach

Abstract

This study analyzes OECD countries in the context of the energy trilemma index and clusters countries with similar characteristics. In the study, the k-means clustering technique is used. The optimum number of clusters was determined using the Elbow method in combination with the Silhouette Index. Moreover, all results are visualized to enhance comprehensibility. The results show that countries such as Austria, Canada, Finland, and Denmark are in the high energy trilemma group with index scores of 82.2, 82.3, 82.7, and 83.3, respectively. Countries in the high group have achieved a high level of balance between energy security, energy equity, and environmental sustainability. In addition, countries such as Belgium, Hungary, Australia, the Czech Republic, and Estonia are in the medium energy trilemma group with index scores of 76.4, 76.6, 77.1, 77.6, and 78.7, respectively. Countries in the medium group have made progress in balancing the dimensions of the energy trilemma but have not yet reached excellence. However, countries such as Mexico, Türkiye, Colombia, and Costa Rica are in the low energy trilemma group with index scores of 63.1, 64.1, 64.8, and 69.3, respectively. These low energy trilemma group countries face significant challenges in balancing energy security, energy equity, and environmental sustainability and need to make improvements in these areas.

Keywords

References

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Details

Primary Language

English

Subjects

Development Economics - Macro

Journal Section

Research Article

Early Pub Date

February 24, 2025

Publication Date

March 14, 2025

Submission Date

April 22, 2024

Acceptance Date

October 9, 2024

Published in Issue

Year 2025 Volume: 40 Number: 1

APA
Akusta, E. (2025). Comparative Analysis of OECD Countries Based on Energy Trilemma Index: A Clustering Approach. İzmir İktisat Dergisi, 40(1), 248-271. https://doi.org/10.24988/ije.1472312
AMA
1.Akusta E. Comparative Analysis of OECD Countries Based on Energy Trilemma Index: A Clustering Approach. İzmir İktisat Dergisi. 2025;40(1):248-271. doi:10.24988/ije.1472312
Chicago
Akusta, Emre. 2025. “Comparative Analysis of OECD Countries Based on Energy Trilemma Index: A Clustering Approach”. İzmir İktisat Dergisi 40 (1): 248-71. https://doi.org/10.24988/ije.1472312.
EndNote
Akusta E (March 1, 2025) Comparative Analysis of OECD Countries Based on Energy Trilemma Index: A Clustering Approach. İzmir İktisat Dergisi 40 1 248–271.
IEEE
[1]E. Akusta, “Comparative Analysis of OECD Countries Based on Energy Trilemma Index: A Clustering Approach”, İzmir İktisat Dergisi, vol. 40, no. 1, pp. 248–271, Mar. 2025, doi: 10.24988/ije.1472312.
ISNAD
Akusta, Emre. “Comparative Analysis of OECD Countries Based on Energy Trilemma Index: A Clustering Approach”. İzmir İktisat Dergisi 40/1 (March 1, 2025): 248-271. https://doi.org/10.24988/ije.1472312.
JAMA
1.Akusta E. Comparative Analysis of OECD Countries Based on Energy Trilemma Index: A Clustering Approach. İzmir İktisat Dergisi. 2025;40:248–271.
MLA
Akusta, Emre. “Comparative Analysis of OECD Countries Based on Energy Trilemma Index: A Clustering Approach”. İzmir İktisat Dergisi, vol. 40, no. 1, Mar. 2025, pp. 248-71, doi:10.24988/ije.1472312.
Vancouver
1.Emre Akusta. Comparative Analysis of OECD Countries Based on Energy Trilemma Index: A Clustering Approach. İzmir İktisat Dergisi. 2025 Mar. 1;40(1):248-71. doi:10.24988/ije.1472312
İzmir Journal of Economics
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