The Energy Security of the Republic of Moldova Concerning the Policies Adopted by the European Union – A Multi-Facetted and Complex Topic

Ion Iulian () and Dincă Violeta Mihaela ()
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Ion Iulian: Bucharest University of Economic Studies, Bucharest, Romania
Dincă Violeta Mihaela: Bucharest University of Economic Studies, Bucharest, Romania

Proceedings of the International Conference on Business Excellence, 2024, vol. 18, issue 1, 2386-2396

Abstract: The new geopolitical dynamic has brought a series of energy security transformations in the Central and Eastern European region. The Republic of Moldova, located at the confluence of the pro-European, western, and Eastern trends, has started a series of efforts, visible on the stage of international relations, to acquire as many degrees of freedom as possible in the energy sector, limiting the effects of Russian pressures and encouraging the adoption of democratic policies. The state is a candidate for accession to the European Union, in which sense the present work aims, on the one hand, to simulate the application of the conditions of European forums in the energy field on the Moldovan market, as well as to x-ray the energy policy at the local level. The applied methodology, mostly qualitative, was based on the analysis of some documents with a European normative character, simulating the application of their provisions in the case of the Republic of Moldova. Punctually, through quantitative methods, with the use of secondary data, certain limits were determined regarding the amounts of energy resources that the Republic of Moldova should fall within to comply with European legislation. The conclusions of the paper demonstrated the pro-Western conduct of the Republic of Moldova in the energy segment in the period 2022-2023 and the state's ability to synchronize its legislation with the European one.

Keywords: Republic of Moldova; energy; natural gas; electricity; crude oil (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:poicbe:v:18:y:2024:i:1:p:2386-2396:n:1032

DOI: 10.2478/picbe-2024-0202

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