Energy Policy of the European Union: Challenges and Possible Development Paths

Mihail Nikolaevich Dudin, Evgenia Evgenevna Frolova, Valentina Nikolaevna Sidorenko, Ekaterina Pogrebinskaya and Irina Vladimirovna Nikishina
Additional contact information
Mihail Nikolaevich Dudin: Russian Presidential Academy of National Economy and Public Administration) 82, Vernadsky Prosp., Moscow 119571, Russian Federation
Evgenia Evgenevna Frolova: Peoples Friendship University of Russia (RUDN University) 6, Miklukho-Maklaya Street, Moscow 117198, Russian Federation,
Valentina Nikolaevna Sidorenko: Moscow City Teacher Training University 2nd Sel skokhozyaystvenny Proezd, d. 4, Moscow 129226, Russian Federation,
Ekaterina Pogrebinskaya: I.M. Sechenov First Moscow State Medical University of the Ministry of Health of the Russian Federation (Sechenov University) 2-4 Bolshaya Pirogovskaya Street, Moscow 119991, Russian Federation,
Irina Vladimirovna Nikishina: Moscow Institute of Economics, Politics and Law Klimentovsky Pereulok, House 1/18 Building 1, Moscow 115184, Russian Federation

International Journal of Energy Economics and Policy, 2017, vol. 7, issue 3, 294-299

Abstract: Energy policy is an important part of economic, environmental, and overall public policy of each country. For a long time, energy policy is being one of the most significant issues of each state and depends on many factors, including the availability of fossil energy sources and the geographic location of the country, access to natural resources, as well as political relations between energy exporters and importers. The article aims at analyzing the views of foreign authors on the assessment of the energy policy in the European countries in the context of further diversification and security of fuel supply, energy market liberalization, and renewable energy development. The article discusses the current state of energy policy of the European Union (EU) member countries. The main tenet of this policy is the requirement to resolve the problems existing in the energy sector to ensure energy security. The EU countries import more than half of all energy consumed, and reducing this dependence provides for the completion of the gas market liberalization, the deployment of low-carbon technologies, renewable energy development, as well as enhancement of energy efficiency and energy saving. The authors analyze the energy policies of France and Germany, which are leaders in European energy policy. Besides, the article presents historical analysis of changes in the EU energy policy vector, as well as the main provisions of the new energy strategy to resolve European energy security problem. The article is prepared based on the analysis of works of foreign and Russian authors including politicians, officials, and researchers, as well as analysts and experts in the energy industry.

Keywords: European Union; Energy Policy; Energy Security; Fuel Sources; Energy Efficiency; Energy Conservation; Energy Intensity (search for similar items in EconPapers)
JEL-codes: Q40 Q43 Q49 (search for similar items in EconPapers)
Date: 2017
References: View complete reference list from CitEc
Citations: View citations in EconPapers (5)

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