Energy Security and Natural Gas Markets in Europe
Energy Security and Natural Gas Markets in Europe

Author: Tim Boersma

Publisher: Routledge

Published: 2015-08-27

Total Pages: 212

ISBN-13: 1317636643

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Moving beyond most conventional thinking about energy security in Europe which revolves around stability of supplies and the reliability of suppliers, this book presents the history of European policy-making regarding energy resources, including recent controversies about shale gas and fracking. Using the United States as a benchmark, the author tests the hypothesis that EU energy security is at risk primarily because of a lack of market integration and cooperation between member states. This lack of integration still prohibits natural gas to flow freely throughout the continent, which makes parts of Europe vulnerable in case of supply disruptions. The book demonstrates that the EU gas market has been developing at different speeds, leaving the Northwest of the continent reasonably well integrated, with sufficient trade and liquidity and different supplies, whereas other parts are less developed. In these parts of Europe there is a structural lack of investments in infrastructure, interconnectors, reverse flow options and storage facilities. Thus, even though substantial progress has been made in parts of the EU, single source dependency often prevails, leaving the relevant member states vulnerable to market power abuse. Detailed comparisons are made of the situations in the Netherlands and Poland, and of energy policy in the USA. The book dismantles some of the existing assumptions about the concept of energy security, and touches upon the level of rhetoric that features in most energy security and policy debates in Europe.

Politics, Markets and EU Gas Supply Security
Politics, Markets and EU Gas Supply Security

Author: Sandu-Daniel Kopp

Publisher: Springer

Published: 2015-01-30

Total Pages: 324

ISBN-13: 3658083247

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Sandu-Daniel Kopp investigates whether carbon reduction targets are compatible with market-driven competition in gas (and power) industries, and whether security of supply is compatible with competitive markets. He examines the policy trade-offs which need to be made between the three different elements, and whether these policy judgements should be economically or politically based. The analysis shows the need for a complex set of politically determined options to protect (competitive) markets from price risks and emergency events and demonstrates that this has thus far failed the policy test. Overall, the author argues that the three major elements of EU energy policy are incompatible in important respects and thereby challenges much of the conventional wisdom of EU and Member State policies of the past decade.

The New Politics of Energy Security in the European Union and Beyond
The New Politics of Energy Security in the European Union and Beyond

Author: Andrea Prontera

Publisher: Taylor & Francis

Published: 2017-05-18

Total Pages: 254

ISBN-13: 1317022696

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Combining theoretical reflections and empirical insights from paradigmatic case studies in the area of external energy governance, pipeline politics, Liquefied Natural Gas development and offshore petroleum policy and politics, this ground-breaking study demonstrates that a distinctive and new politics of energy security is definitively emerging in the European Union. Innovative not only in regard to the case studies presented (which include the Caspian region, the Baltic, Mediterrean countries, Central Asia and EU-Russia relations), but also in regard to the analytical framework adopted – an International Political Economy approach informed by an historical institutional perspective – the book challenges the common view of the ‘de-politicisation’ of energy security supported by the mainstream market approach and the power politics and ‘zero-sum game’ view supported by the geopolitical perspective. This book places the study of EU energy politics in the broader, evolving context of global energy markets and explores the complex interactions between EU and national political dynamics and between energy security and environmental concerns at the local level.

Energy Security in Europe
Energy Security in Europe

Author: Kacper Szulecki

Publisher: Palgrave Macmillan

Published: 2018-06-22

Total Pages: 0

ISBN-13: 9783319879123

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This edited collection highlights the different meanings that have been attached to the notion of energy security and how it is taken to refer to different objects. Official policy definitions of energy security are broadly similar across countries and emphasize the reliability and affordability of access to sufficient energy resources for a community to uphold its normal economic and social functions. However, perceptions of energy security vary between states causing different actions to be taken, both in international relations and in domestic politics. Energy Security in Europe moves the policy debates on energy security beyond a consideration of its seemingly objective nature. It also provides a series of contributions that shed light on the conditions under which similar material factors are met with very different energy security policies and divergent discourses across Europe. Furthermore, it problematizes established notions prevalent in energy security studies, such as whether energy security is ‘geopolitical’, and an element of high politics, or purely ‘economic’, and should be left for the markets to regulate. This book will be of particular relevance to students and academics in the fields of energy studies and political science seeking to understand the divergence in perspectives and understandings of energy security challenges between EU member states and in multilateral relationships between the EU as a whole.

Security of Energy Supply in Europe
Security of Energy Supply in Europe

Author: Julian Barquin

Publisher: Edward Elgar Publishing

Published: 2010-01-01

Total Pages: 327

ISBN-13: 1849806969

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In economic, technical and political terms, the security of energy supply is of the utmost importance for Europe. Alongside competition and sustainability, supply security represents a cornerstone of the EU s energy policy, and in times of rising geopolitical conflict plays an increasingly important role in its external relations. Within this context, the contributors analyse and explore the natural gas, nuclear, and hydrogen energy sectors, which will be of critical significance for the future of energy supplies in Europe. The book opens with an extensive exploration of the very definition of supply security and moves beyond sector-specific debates to highlight the political sensitivity surrounding energy security. The expert contributors apply a policy perspective, underpinned by theoretical discussion, to economic analysis in order to yield policy-relevant conclusions. They illustrate that the EU lacks a coherent transnational energy policy, that national energy policies fail to match EU goals and that, ultimately, sustainable energy policies, more competition, and better regulation will improve global welfare. Academics and EU policymakers both at national and international levels will find that the topical policy recommendations, extensive overview of supply security, and detailed perspectives on the natural gas, nuclear and hydrogen sectors presented herewith constitute an invaluable reference and research tool.

A New Architecture for EU Gas Security of Supply
A New Architecture for EU Gas Security of Supply

Author: Jean-Michel Glachant

Publisher: Edward Elgar Publishing

Published: 2012

Total Pages: 0

ISBN-13: 9789081690447

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Is the EU on the right track to meet its stated objective: a true European energy security policy? Is the current architecture, on which the EU gas security-of-supply policy is built, able to deliver the responses necessary in order to meet the growing risks and the changing realities faced by EU gas security? How should European institutions and regulations adapt and respond? What tools are available to secure the gas supply? This book feeds these questions by taking stock of today's EU gas security-of-supply governance. It is based on the four-tier program - 'A New EU Gas Security of Supply Architecture' - organized by the Loyola de Palacio Chair, together with the Clingendael International Energy Program, the Fondazione Eni Enrico Mattei, and Wilton Park Conferences that took place in 2011/2012.

Russian Energy Chains
Russian Energy Chains

Author: Margarita M. Balmaceda

Publisher: Columbia University Press

Published: 2021-05-11

Total Pages: 421

ISBN-13: 023155219X

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Russia’s use of its vast energy resources for leverage against post-Soviet states such as Ukraine is widely recognized as a threat. Yet we cannot understand this danger without also understanding the opportunity that Russian energy represents. From corruption-related profits to transportation-fee income to subsidized prices, many within these states have benefited by participating in Russian energy exports. To understand Russian energy power in the region, it is necessary to look at the entire value chain—including production, processing, transportation, and marketing—and at the full spectrum of domestic and external actors involved, from Gazprom to regional oligarchs to European Union regulators. This book follows Russia’s three largest fossil-fuel exports—natural gas, oil, and coal—from production in Siberia through transportation via Ukraine to final use in Germany in order to understand the tension between energy as threat and as opportunity. Margarita M. Balmaceda reveals how this dynamic has been a key driver of political development in post-Soviet states in the period between independence in 1991 and Russia’s annexation of Crimea in 2014. She analyzes how the physical characteristics of different types of energy, by shaping how they can be transported, distributed, and even stolen, affect how each is used—not only technically but also politically. Both a geopolitical travelogue of the journey of three fossil fuels across continents and an incisive analysis of technology’s role in fossil-fuel politics and economics, this book offers new ways of thinking about energy in Eurasia and beyond.

Low-carbon Energy Security from a European Perspective
Low-carbon Energy Security from a European Perspective

Author: Patrizia Lombardi

Publisher: Academic Press

Published: 2016-06-08

Total Pages: 286

ISBN-13: 0128029870

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Low-Carbon Energy Security from a European Perspective draws on the European Commission's funded project MILESECURE-2050. It considers low-carbon energy security and energy geopolitics in Europe, with a focus on four thematic clusters: challenging the energy security paradigm; climate change and energy security objectives (the components of a secure and low-carbon energy system); energy security in a geopolitical perspective, as it relates to economics, resource competition, and availability; and the influence of large scale renewable energy projects on energy security and shifting geopolitical alliances. An overarching narrative is that optimizing the energy system simultaneously across different objectives may be impossible, i.e., lowest cost, least environmental impact, minimal downtime, regional supply. This book explores these charged topics through insights from a series of novel, new energy project case studies, and demonstrates the need for difficult political conversations within Europe and beyond by posing fundamental yet new questions about the energy security paradigm. - Offers a unique perspective on low-carbon energy security by considering the assumptions behind current energy security needs - Suggests the benefit of envisioning energy security through out-of-the-box scenario development with respect to the energy system - Includes energy in an international scenario with case studies from Africa, Russia, Ukraine, Morroco, China, South America, and Europe - Draws on the European Commission's funded project MILESECURE-2050

Politics of Energy Dependency
Politics of Energy Dependency

Author: Margarita M. Balmaceda

Publisher: University of Toronto Press

Published: 2014-01-31

Total Pages: 465

ISBN-13: 1442667141

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Energy has been an important element in Moscow’s quest to exert power and influence in its surrounding areas both before and after the collapse of the USSR. With their political independence in 1991, Ukraine, Belarus, and Lithuania also became, virtually overnight, separate energy-poor entities heavily dependent on Russia. This increasingly costly dependency – and elites’ scrambling over associated profits – came to crucially affect not only relations with Russia, but the very nature of post-independence state building. The Politics of Energy Dependency explores why these states were unable to move towards energy diversification. Through extensive field research using previously untapped local-language sources, Margarita M. Balmaceda reveals a complex picture of local elites dealing with the complications of energy dependency and, in the process, affecting the energy security of Europe as a whole. A must-read for anyone interested in Eastern Europe, Russia, and the politics of natural resources, this book reveals the insights gained by looking at post-Soviet development and international relations issues not only from a Moscow-centered perspective, but from that of individual actors in other states.

The European Gas Markets
The European Gas Markets

Author: Manfred Hafner

Publisher: Springer

Published: 2017-08-16

Total Pages: 437

ISBN-13: 3319558013

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This book explores in detail the challenges which the European gas markets currently face, and the opportunities they present. Bringing together some of the most prominent gas experts on Europe from both academia and industry, this edited volume provides a comprehensive analysis of the various economic, political and technological factors that interact in this sector. Featuring a Foreword by Maroš Šefčovič, Vice-President of the European Commission in charge of the Energy Union, contributions explore a wide range of issues, such as the role of gas in decarbonizing Europe, the outlook of Europe’s gas demand, supply and pricing, and global LNG dynamics. Country specific studies include Russia, Norway, the Netherlands, and Germany, with regional studies including North Africa and the Eastern Mediterranean. Alongside detailed analysis of this complex sector it also puts forward a set of policy recommendations for the sector’s key stakeholders. This volume will be of interest to researchers and academics, as well as practitioners and professionals within European gas markets.