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Resilience of the European Union’s Energy Security System towards External Threats

Ritter, Luise Marie Charlottte (2019) Resilience of the European Union’s Energy Security System towards External Threats.

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Abstract:Today, factors that force the European Union to adapt its energy security strategy include greater competition over energy resources in the global markets, which is further encouraged by the growing energy demand of emerging industries in the Asian region. Besides, the continuous instability in energy-producing regions, such as the Middle East, especially concerning Iran, and the lack of connectivity to important energy networks threatens the EU’s security of energy supply. Since the EU internally faces an incomplete energy market and deals with the compatibility of energy security and climate policy, a new European energy security approach is needed to properly address the multi-faceted character of energy security, which influences the economic, environmental and societal sphere. Therefore, the following paper first examines the state of the art of the current European energy security system along with the European Energy Security Strategy 2014, acknowledging also the internal struggle of the member states’ different interests regarding energy security policymaking. Afterwards energy dependencies towards important supplier states especially regarding the EU’s external energy relations with Russia, will be discussed. This analysis confines to resources the EU and its member states are most dependent on, namely natural gas and crude oil resources. Based on this knowledge, the paper aims to give some practical implications about the creation of a more resilient European energy security system.
Item Type:Essay (Bachelor)
Faculty:BMS: Behavioural, Management and Social Sciences
Subject:89 political science
Programme:Management Society and Technology BSc (56654)
Link to this item:http://purl.utwente.nl/essays/78849
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