Is A New European Union Energy Policy Needed?
AbstractIn January 2009, because of a different between Russia and Ukraine, a major natural gas pipeline was closed, this being the worst gas cut-off of the decade. Eighteen countries have been interrupted from gas supplies and countries which had limited reserves and a shortage of alternative supply met a serious energy deficit, in the middle of an especially cold winter. After 22 days, the gas flows to all European countries were back to the normal level. A result of this, and of another similar dispute from 2006, was that the EU has put into question the confidence on the Russian gas supplies. The insecurity has led to a renewal of the political interest in energy security on EU level. The Russian cut-offs have been like a wake-up call to policy makers at a time when the EU faces significant energy security challenges as a result of the emerging world order. More than half of its energy, the EU buys from non-EU sources, while the demand for energy is always higher. In the meantime, the EU production levels of hydrocarbons are decreasing, leading to higher dependency on non-EU sources. Thereby, the energy security became a globally important topic and will raise important challenges for the EU in the future.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Constantin Brancoveanu University in its journal Management Strategies Journal.
Volume (Year): 23 (2013)
Issue (Month): Special ()
Contact details of provider:
Web page: http://www.univcb.ro/
energy policy; reserves; EU; security; challenges;
Find related papers by JEL classification:
- Z00 - Other Special Topics - - General - - - General
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Dan MICUDA).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.