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A Comprehensive Analysis of Energy Security in the Member States of the Eurasian Economic Union, 2000-2014

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  • Aleksei Valentinovich Bogoviz

    (Federal Research Center of Agrarian Economy and Social Development of Rural Areas - All Russian Research Institute of Agricultural Economics, Moscow, Russia)

  • Svetlana Vladislavlevna Lobova

    (Altai State University, Barnaul, Russia)

  • Yulia Vyacheslavovna Ragulina

    (Federal Research Institute of System Analysis of the Accounts Chamber of the Russian Federation, Moscow, Russia)

  • Alexander Nikolaevich Alekseev

    (Plekhanov Russian University of Economics Russia, Moscow, Russia)

Abstract

The article analyzes how well the countries of the Eurasian Economic Union (EAEU) are doing in terms of energy security. This research relies on a comprehensive concept of energy security that distinguishes the total of four dimensions of energy security: availability, affordability, efficiency, and environmental stewardship. We construct an energy security performance index in order analyze the relative energy security performance of the EAEU countries. The index is composed of ten indicators, and each of them reflects a certain dimension of energy security. We evaluate the relative energy security performance of the whole union and each country individually from 2000 to 2014. Our analysis shows that the EAEU energy security is quite low due to countries diverse energy security performance.

Suggested Citation

  • Aleksei Valentinovich Bogoviz & Svetlana Vladislavlevna Lobova & Yulia Vyacheslavovna Ragulina & Alexander Nikolaevich Alekseev, 2017. "A Comprehensive Analysis of Energy Security in the Member States of the Eurasian Economic Union, 2000-2014," International Journal of Energy Economics and Policy, Econjournals, vol. 7(5), pages 93-101.
    • Handle: RePEc:eco:journ2:2017-05-10
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    References listed on IDEAS

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    Cited by:

    1. Svetlana Vladislavlevna Lobova & Aleksei Valentinovich Bogoviz & Yulia Vyacheslavovna Ragulina & Alexander Nikolaevich Alekseev, 2019. "The Fuel and Energy Complex of Russia: Analyzing Energy Efficiency Policies at the Federal Level," International Journal of Energy Economics and Policy, Econjournals, vol. 9(1), pages 205-211.
    2. Azamat Amirov & Madina Kozhukhova & Gaukhar Koshebaeva & Valeryi Biryukov & Miras Zhiyenbayev, 2018. "Economic and Energy Security of the Republic of Kazakhstan," International Journal of Energy Economics and Policy, Econjournals, vol. 8(6), pages 16-21.
    3. Aleksei V. Bogoviz & Yulia V. Ragulina & Svetlana V. Lobova & Alexander N. Alekseev, 2019. "A quantitative Analysis of Energy Security Performance by Brazil, Russia, India, China, and South Africa in 1990-2015," International Journal of Energy Economics and Policy, Econjournals, vol. 9(3), pages 244-250.
    4. Yulia Vyacheslavovna Ragulina & Aleksei Valentinovich Bogoviz & Svetlana Vladislavlevna Lobova & Alexander Nikolaevich Alekseev, 2019. "An Aggregated Energy Security Index of Russia, 1990-2015," International Journal of Energy Economics and Policy, Econjournals, vol. 9(1), pages 212-217.
    5. Aleksei Valentinovich Bogoviz & Svetlana Vladislavlevna Lobova & Yulia Vyacheslavovna Ragulina & Alexander Nikolaevich Alekseev, 2018. "Russia s Energy Security Doctrine: Addressing Emerging Challenges and Opportunities," International Journal of Energy Economics and Policy, Econjournals, vol. 8(5), pages 1-6.
    6. Meiramkul Saiymova & Aliya Shakharova & Aliya Rakaeva & Madina Serikova & Aslan Tasmaganbetov & Yuliya Tyurina & Zhibek Bimagambetova, 2020. "Energy Security, Economics and Environment in the Eurasian Economic Union: Current and Future Scenarios," International Journal of Energy Economics and Policy, Econjournals, vol. 10(4), pages 293-299.
    7. Karatayev, Marat & Hall, Stephen, 2020. "Establishing and comparing energy security trends in resource-rich exporting nations (Russia and the Caspian Sea region)," Resources Policy, Elsevier, vol. 68(C).

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    More about this item

    Keywords

    Energy Security; Eurasian Economic Union (EAEU); Security of Supply;
    All these keywords.

    JEL classification:

    • Q2 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation
    • Q3 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation
    • Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy

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