IDEAS home Printed from https://ideas.repec.org/a/dug/actaec/y2013i4p377-387.html
   My bibliography  Save this article

Ensuring Security of Supply of Natural Gas in the European Union’s Common Energy Policy

Author

Listed:
  • Andrei Teofil Postolachi

    (“Alexandru Ioan Cuza” University of Iasi, Romania)

Abstract

: The problematic of energy policy is nowadays widely disputed in the European Union community. In a global context characterized by highly and raising dependency of the economic activity on the energetic resources, the European authorities had launched a strategy in this sector which regards the problems of access to secure and affordable energy products. The aim of this paper is linked to the natural gas field of the European energetic concerns, and it assumes the high dependency of internal consumption on imports, more than half of the natural gas that is used in the 27 states comes from abroad. Ensuring a higher level of security in the supply is one of the goals that European Union wants to achieve on medium and long term. In these circumstances, actual measurements take into account different type of actions: stabilize relations with existing partner gas exporters (Russia, Algeria, Norway); diversification of transport routes coming from these countries, especially in the idea of trying to avoid transit countries (mainly Ukraine and Belarus); and finally opening discussions and investing in alternative routes which should transport the gas from new suppliers placed in the Caspian Sea or Central Asia region.

Suggested Citation

  • Andrei Teofil Postolachi, 2013. "Ensuring Security of Supply of Natural Gas in the European Union’s Common Energy Policy," Acta Universitatis Danubius. OEconomica, Danubius University of Galati, issue 9(4), pages 377-387, August.
    • Handle: RePEc:dug:actaec:y:2013:i:4:p:377-387
    as

    Download full text from publisher

    File URL: http://journals.univ-danubius.ro/index.php/oeconomica/article/view/1820
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Kjarstad, Jan & Johnsson, F., 2007. "Prospects of the European gas market," Energy Policy, Elsevier, vol. 35(2), pages 869-888, February.
    2. Anna Cretì & Bertrand Villeneuve, 2009. "Gas Storage and Security of Supply," Springer Books, in: Anna Cretì (ed.), The Economics of Natural Gas Storage, chapter 5, pages 85-112, Springer.
    3. repec:dau:papers:123456789/4808 is not listed on IDEAS
    4. Egging, Ruud & Gabriel, Steven A. & Holz, Franziska & Zhuang, Jifang, 2008. "A complementarity model for the European natural gas market," Energy Policy, Elsevier, vol. 36(7), pages 2385-2414, July.
    5. Tolón-Becerra, A. & Lastra-Bravo, X. & Botta, G.F., 2010. "Methodological proposal for territorial distribution of the percentage reduction in gross inland energy consumption according to the EU energy policy strategic goal," Energy Policy, Elsevier, vol. 38(11), pages 7093-7105, November.
    6. Sagen, Eirik Lund & Tsygankova, Marina, 2008. "Russian natural gas exports--Will Russian gas price reforms improve the European security of supply," Energy Policy, Elsevier, vol. 36(2), pages 867-880, February.
    7. repec:dau:papers:123456789/5383 is not listed on IDEAS
    8. Corinne Chaton & Anna Creti & Bertrand Villeneuve, 2005. "The Economics of Seasonal Gas Storage," Working Papers 2005-52, Center for Research in Economics and Statistics.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Brkic, Dejan, 2009. "Serbian gas sector in the spotlight of oil and gas agreement with Russia," Energy Policy, Elsevier, vol. 37(5), pages 1925-1938, May.
    2. Steven Brakman & Charles van Marrewijk & Arjen van Witteloostuijn & Charles van Marrewijk, 2009. "Market Liberalization in the European Natural Gas Market - The Importance of Capacity Constraints and Efficiency Differences," CESifo Working Paper Series 2697, CESifo.
    3. Chyong, Chi Kong & Hobbs, Benjamin F., 2014. "Strategic Eurasian natural gas market model for energy security and policy analysis: Formulation and application to South Stream," Energy Economics, Elsevier, vol. 44(C), pages 198-211.
    4. Monforti, F. & Szikszai, A., 2010. "A MonteCarlo approach for assessing the adequacy of the European gas transmission system under supply crisis conditions," Energy Policy, Elsevier, vol. 38(5), pages 2486-2498, May.
    5. Berk, Istemi & Schulte, Simon, 2017. "Turkey's Role in Natural Gas - Becoming a Transit Country?," EWI Working Papers 2017-1, Energiewirtschaftliches Institut an der Universitaet zu Koeln (EWI), revised 27 Jan 2017.
    6. Lochner, Stefan & Dieckhöner, Caroline, 2012. "Civil unrest in North Africa—Risks for natural gas supply?," Energy Policy, Elsevier, vol. 45(C), pages 167-175.
    7. Devine, Mel T. & Russo, Marianna, 2019. "Liquefied natural gas and gas storage valuation: Lessons from the integrated Irish and UK markets," Applied Energy, Elsevier, vol. 238(C), pages 1389-1406.
    8. Megy, Camille & Massol, Olivier, 2023. "Is Power-to-Gas always beneficial? The implications of ownership structure," Energy Economics, Elsevier, vol. 128(C).
    9. Kolb, Sebastian & Plankenbühler, Thomas & Frank, Jonas & Dettelbacher, Johannes & Ludwig, Ralf & Karl, Jürgen & Dillig, Marius, 2021. "Scenarios for the integration of renewable gases into the German natural gas market – A simulation-based optimisation approach," Renewable and Sustainable Energy Reviews, Elsevier, vol. 139(C).
    10. Franziska Holz, Christian von Hirschhausen and Claudia Kemfert, 2009. "Perspectives of the European Natural Gas Markets Until 2025," The Energy Journal, International Association for Energy Economics, vol. 0(Special I), pages 137-150.
    11. Sadek Boussena & Catherine Locatelli, 2017. "Gazprom and the complexity of the EU gas market: a strategy to define," Post-Print hal-01618494, HAL.
    12. Mel T. Devine & Valentin Bertsch, 2023. "The role of demand response in mitigating market power: a quantitative analysis using a stochastic market equilibrium model," OR Spectrum: Quantitative Approaches in Management, Springer;Gesellschaft für Operations Research e.V., vol. 45(2), pages 555-597, June.
    13. Chi Kong Chyong & David Reiner & Dhruvak Aggarwal, 2021. "Market power and long-term gas contracts: the case of Gazprom in Central and Eastern European Gas Markets," Working Papers EPRG2115, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
    14. Capece, Guendalina & Cricelli, Livio & Di Pillo, Francesca & Levialdi, Nathan, 2012. "New regulatory policies in Italy: Impact on financial results, on liquidity and profitability of natural gas retail companies," Utilities Policy, Elsevier, vol. 23(C), pages 90-98.
    15. Šarauskis, Egidijus & Buragienė, Sidona & Masilionytė, Laura & Romaneckas, Kęstutis & Avižienytė, Dovile & Sakalauskas, Antanas, 2014. "Energy balance, costs and CO2 analysis of tillage technologies in maize cultivation," Energy, Elsevier, vol. 69(C), pages 227-235.
    16. Jan Abrell & Hannes Weigt, 2012. "Combining Energy Networks," Networks and Spatial Economics, Springer, vol. 12(3), pages 377-401, September.
    17. Baležentis, Alvydas & Baležentis, Tomas & Streimikiene, Dalia, 2011. "The energy intensity in Lithuania during 1995–2009: A LMDI approach," Energy Policy, Elsevier, vol. 39(11), pages 7322-7334.
    18. Mingqi Zhang & Meirong Su & Weiwei Lu & Chunhua Su, 2015. "An Assessment of the Security of China’s Natural Gas Supply System Using Two Network Models," Energies, MDPI, vol. 8(12), pages 1-16, December.
    19. Laure Durand-Viel, 2007. "Strategic Storage and Market Power in the Natural Gas Market," Energy and Environmental Modeling 2007 24000013, EcoMod.
    20. Gabriel, S.A. & Rosendahl, K.E. & Egging, Ruud & Avetisyan, H.G. & Siddiqui, S., 2012. "Cartelization in gas markets: Studying the potential for a “Gas OPEC”," Energy Economics, Elsevier, vol. 34(1), pages 137-152.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:dug:actaec:y:2013:i:4:p:377-387. See general information about how to correct material in RePEc.

    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 CitEc recognized a bibliographic reference but did not link an item in RePEc 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Daniela Robu (email available below). General contact details of provider: https://edirc.repec.org/data/fedanro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.