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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

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.

Suggested Citation

  • Diana Bozhilova, 2009. "EU Energy Policy and Regional Co-operation in South-East Europe: managing energy security through diversification of supply?," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 24, Hellenic Observatory, LSE.
    • Handle: RePEc:hel:greese:24
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    References listed on IDEAS

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    Citations

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    Cited by:

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    4. Athanasia Chalari & Clive Sealey & Mike Webb, 2016. "A Comparison of Subjective Experiences and Responses to Austerity of UK and Greek Youth," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 102, Hellenic Observatory, LSE.
    5. 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.
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    7. Murat Önsoy & Şebnem Udum, 2015. "The role of Turkey in western Balkan energy security," Asia Europe Journal, Springer, vol. 13(2), pages 175-192, June.
    8. Platon Monokroussos & Dimitrios Thomakos & Thomas A. Alexopoulos & Eleni Lydia Tsioli, 2017. "The Determinants of Loan Loss Provisions: An Analysis of the Greek Banking System in Light of the Sovereign Debt Crisis," Palgrave Macmillan Studies in Banking and Financial Institutions, in: Platon Monokroussos & Christos Gortsos (ed.), Non-Performing Loans and Resolving Private Sector Insolvency, chapter 9, pages 181-225, Palgrave Macmillan.
    9. Kosmidis, Spyros, 2013. "Government constraints and economic voting in Greece," LSE Research Online Documents on Economics 50259, London School of Economics and Political Science, LSE Library.
    10. Harsem, Øistein & Harald Claes, Dag, 2013. "The interdependence of European–Russian energy relations," Energy Policy, Elsevier, vol. 59(C), pages 784-791.
    11. Konstantinos Kougias, 2017. "‘Real’ Flexicurity Worlds in action: Evidence from Denmark and Greece," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 106, Hellenic Observatory, LSE.
    12. 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.
    13. Karagiannis, Stelios & Panagopoulos, Yannis & Vlamis, Prodromos, 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.
    14. Dimas, Christos, 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.
    15. Spyros Kosmidis, 2013. "Government Constraints and Economic Voting in Greece," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 70, Hellenic Observatory, LSE.
    16. Jordaan, Jacob A. & Monastiriotis, Vassilis, 2016. "The domestic productivity effects of FDI in Greece: loca(lisa)tion matters!," LSE Research Online Documents on Economics 68816, London School of Economics and Political Science, LSE Library.
    17. Mira Ghali & Dalia M. Ibrahiem, 2023. "Quantifying the Saved Social Costs of the Solar Energy Projects Funded by the EBRD in Egypt," International Journal of Energy Economics and Policy, Econjournals, vol. 13(5), pages 365-373, September.
    18. Rosa VAsilaki, 2016. "Policing the crisis in Greece: The others' side of the story," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 98, Hellenic Observatory, LSE.
    19. Chalari, Athanasia & Sealey, Clive & Webb, Mike, 2016. "A comparison of subjective experiencesand responses to austerity of UK andGreek youth," LSE Research Online Documents on Economics 68585, London School of Economics and Political Science, LSE Library.
    20. Kougias, Konstantinos, 2017. "‘Real’ flexicurity worlds in action: evidence from Denmark and Greece," LSE Research Online Documents on Economics 69576, London School of Economics and Political Science, LSE Library.
    21. Christos Dimas, 2010. "Privatization in the Name of ‘Europe’: analyzing the telecoms privatization in Greece from a ‘discursive institutionalist’ perspective," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 41, Hellenic Observatory, LSE.

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