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The Role of Power in EU–Russia Energy Relations: The Interplay between Markets and Geopolitics

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  • Marco Siddi

Abstract

Energy trade is an essential factor in EU–Russia relations. This essay argues that Russia and the European Union have deployed two types of power in their post-Cold War energy relationship. Russia has predominantly exerted geopolitical power through the sale of its vast energy resources and selected strategies to channel them to partners. With a large market but lacking fossil fuels, the EU attempted to achieve its aims mostly through regulatory power. However, both the Russian and the EU external energy policy strategies have recently become more nuanced. This evolution in their approaches has resulted in Russia’s gradual acceptance of the regulatory and market principles promoted by the EU.

Suggested Citation

  • Marco Siddi, 2018. "The Role of Power in EU–Russia Energy Relations: The Interplay between Markets and Geopolitics," Europe-Asia Studies, Taylor & Francis Journals, vol. 70(10), pages 1552-1571, November.
    • Handle: RePEc:taf:ceasxx:v:70:y:2018:i:10:p:1552-1571
    DOI: 10.1080/09668136.2018.1536925
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    Cited by:

    1. Wadim Strielkowski & Anna Sherstobitova & Patrik Rovny & Tatiana Evteeva, 2021. "Increasing Energy Efficiency and Modernization of Energy Systems in Russia: A Review," Energies, MDPI, vol. 14(11), pages 1-19, May.
    2. Cebotari Livia, 2022. "EU-Russia energy relations: problems and perspectives," Proceedings of the International Conference on Business Excellence, Sciendo, vol. 16(1), pages 1001-1014, August.
    3. Tóth, Borbála Takácsné & Kotek, Péter & Selei, Adrienn, 2020. "Rerouting Europe's gas transit landscape - Effects of Russian natural gas infrastructure strategy on the V4," Energy Policy, Elsevier, vol. 146(C).
    4. Wadim STRIELKOWSKI & Jose NIÑO-AMÉZQUITA & Svetlana KALYUGINA, 2021. "Geopolitics And Multicultural Environment As The Determinants Of Personnel Security," Management Research and Practice, Research Centre in Public Administration and Public Services, Bucharest, Romania, vol. 13(1), pages 17-31, March.
    5. Romanova, Tatiana, 2021. "Russia's political discourse on the EU’s energy transition (2014–2019) and its effect on EU-Russia energy relations," Energy Policy, Elsevier, vol. 154(C).
    6. Keypour Javad, 2019. "The Outcome of Directive 2009/73/EC Amendment on EU’s Natural Gas Security," TalTech Journal of European Studies, Sciendo, vol. 9(1), pages 77-98, June.

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