How Secure is the European Union Energy Policy after the Ukraine Crisis?

Yasin Kerem G M
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Yasin Kerem G M: Faculty of Management, Sakarya University, 54187 Sakarya, Turkey.

International Journal of Energy Economics and Policy, 2015, vol. 5, issue 4, 1016-1021

Abstract: The political tensions which have emerged between Russia and the West after Ukraine crisis put the European Union (EU) energy security problem at the top of the EU agenda. While dependency on Russia and bilateral agreements appear to be weaknesses of EU energy security, decline in demand among EU members and improvement in energy effi ciency pose to be strengths. The EU has also some opportunities to deal with the crisis such as decline in oil prices and diversifi cation of energy supply while falls in domestic energy production and Ukrainian question pose threats to the EU energy security.

Keywords: Energy Policy; European Union; Ukraine Crisis; Energy Security (search for similar items in EconPapers)
JEL-codes: Q41 Q48 (search for similar items in EconPapers)
Date: 2015
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