1. Energy moves and power shifts: EU foreign policy and global energy security
- Author:
- Iana Dreyer and Gerald Stang
- Publication Date:
- 02-2014
- Content Type:
- Working Paper
- Institution:
- European Union Institute for Security Studies
- Abstract:
- Energy security has climbed the list of EU energy and foreign policy priorities in the last decade. This process was accelerated by the shock of the 2006 and 2009 disruptions in Russian gas supply through Ukraine, and by the new possibilities offered by the Lisbon Treaty. Efforts have been directed at interconnecting national gas and electricity markets, diversifying energy suppliers and promoting rules-based energy trade in the wider European neighbourhood. The EU's primary energy security goals are to reduce the strategic dependence of individual member states on single external suppliers and to ensure that energy markets are liquid, open and functioning according to stable market rules rather than power logics. Yet energy security also needs to be balanced against environmental and economic competitiveness concerns.
- Topic:
- Economics, Energy Policy, International Trade and Finance, and Border Control
- Political Geography:
- Russia, Europe, and Ukraine