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EU Energy Policy and Regional Co-operation in South-East Europe: managing energy security through diversification of supply?

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  • Diana Bozhilova
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    Abstract

    For decades after founding the ECSC (1951) the member states have relegated the issue of joint supranational energy policy development. The situation changed decisively in the early 1990s, with the dramatic shift in the geo-politics of the resource-rich Eurasia, following such developments as the collapse of the USSR and the Gulf War. In light of these developments, European states gradually consolidated their position in favour of supranational energy policy development. This paper presents an analysis of developments in EU energy policy given the ongoing realignment of strategic interest. It outlines the process of Europeanization, identifying caveats in the security of energy supply. It then proposes a solution to the main problematic of diversification of hydrocarbons supply through the fostering of regional co-operation amongst the states of South-East Europe (mainly Greece, Bulgaria and Turkey). The paper argues that this is the only viable and lasting solution to EU energy dependency away from Russia, at once showing the fundamental importance of pipeline ‘mapping’ in the area.

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    Bibliographic Info

    Paper provided by Hellenic Observatory, LSE in its series GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe with number 24.

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    Date of creation: Mar 2009
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    Handle: RePEc:hel:greese:24

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    Keywords: Energy; Regional Co-operation; Europeanization; Transmission Pipelines.;

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    1. Vining, Aidan R & Boardman, Anthony E, 1992. " Ownership versus Competition: Efficiency in Public Enterprise," Public Choice, Springer, vol. 73(2), pages 205-39, March.
    2. Keith C. Brown, 1989. "Reserves and Reserve Production Ratios In Imperfect Markets," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2), pages 177-186.
    3. John Robst & Solomon Polachek & Yuan-Ching Chang, 2007. "Geographic Proximity, Trade, and International Conflict/Cooperation," Conflict Management and Peace Science, Peace Science Society (International), vol. 24(1), pages 1-24, February.
    4. Gales, Ben & Kander, Astrid & Malanima, Paolo & Rubio, Mar, 2007. "North versus South: Energy transition and energy intensity in Europe over 200 years," European Review of Economic History, Cambridge University Press, vol. 11(02), pages 219-253, August.
    5. T. Georgakopoulos & K. Prodromidis & J. Loizides, 1987. "Public Enterprises In Greece," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 58(4), pages 351-367, October.
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    Cited by:
    1. Vassilis Monastiriotis & Jacob A. Jordaan, 2011. "Regional Distribution and Spatial Impact of FDI in Greece: evidence from firm-level data," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 44, Hellenic Observatory, LSE.
    2. Stelios Karagiannis & Yannis Panagopoulos & Prodromos Vlamis, 2010. "Symmetric or asymmetric interest rate adjustments? Evidence from Greece, Bulgaria and Slovenia," LSE Research Online Documents on Economics 29168, London School of Economics and Political Science, LSE Library.
    3. Nicholas Apergis, 2011. "Characteristics of inflation in Greece: mean spillover effects among CPI components," LSE Research Online Documents on Economics 32597, London School of Economics and Political Science, LSE Library.
    4. Christos Dimas, 2010. "Privatization in the name of ‘Europe’: analyzing the telecoms privatization in Greece from a ‘discursive institutionalist’ perspective," LSE Research Online Documents on Economics 31089, London School of Economics and Political Science, LSE Library.
    5. Yiannos Katsourides, 2013. "Political Parties and Trade Unions in Cyprus," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 74, Hellenic Observatory, LSE.
    6. Theodore Pelagidis, 2010. "The Greek Paradox of Falling Competitiveness and Weak Institutions in a High GDP Growth Rate Context (1995-2008)," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 38, Hellenic Observatory, LSE.
    7. Harsem, Øistein & Harald Claes, Dag, 2013. "The interdependence of European–Russian energy relations," Energy Policy, Elsevier, vol. 59(C), pages 784-791.
    8. George Kazamias, 2010. "From Pragmatism to Idealism to Failure: Britain in the Cyprus crisis of 1974," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 42, Hellenic Observatory, LSE.

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