THE ENERGY POLITICS OF THE EUROPEAN UNION AND THE POSSIBILITY TO IMPLEMENT IT IN POST-SOVIET STATES

Mihail Nikolaevich Dudin,Irina Valentinovna Osokina,Vadim Nikolaevich Zasko,Olesya Igorevna Dontsova

doi:10.32479/ijeep.9077

Mihail Nikolaevich Dudin, Irina Valentinovna Osokina + Show 2 more

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https://doi.org/10.32479/ijeep.9077

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Abstract

The purpose of the work is to study the evolution of the energy politics of the European Union (the EU), and the possibility to apply such experience in the post-Soviet states. The goals stated in the European energy strategy probably cannot be fully achieved by 2020. The problem is the insufficient infrastructure development and the incomplete safety of energy innovations for the environment. However, the problem can be solved in the short-term run due to the social and environmental responsibility of corporations and by promoting “clean technology entrepreneurship”. It is impossible to use the EU energy politics provisions in the post-Soviet states. This will require large investments, and the population is not ready to move to the principles of energy conservation and energy efficiency. Post-Soviet countries need to reform the state energy and socio-economic policies rather than the energy sector. Keywords: energy politics, European Union, Russian Federation, CIS, renewable energy, energy intensity, energy efficiency, energy conservation. JEL Classifications: Q40, Q43, Q48. DOI: https://doi.org/10.32479/ijeep.9077

Highlights

The EU as a new socio-political and economic integration is generally thought to begin its formation after the Second World War, but there were prerequisites for this unification at the end of the 19th century
After more than half a century, it is possible to say that the European Coal and Steel Community has achieved its goal because nowadays the European Union (the EU) is the most developed political and economic integration whose energy politics are continuously improving, which is largely associated with a change of the global energy paradigm that occurred at the junction of the previous and the present century
Since 2003 the EU energy politics have been consistently reforming the energy sector in terms of improving the energy efficiency, it is obvious that the EU will not be able to achieve its stated growth goal

Summary

Introduction

The EU as a new socio-political and economic integration is generally thought to begin its formation after the Second World War, but there were prerequisites for this unification at the end of the 19th century. Despite the fact that the EU has officially existed since 1993, the economic and political interests in the integration of European states became vivid in the 1950s. This was substantiated, firstly, by the political need in stability, and, secondly, by the economic need in energy resources and metallurgical products. The fuel energy dominating until the beginning of the 21st century started losing its relevance in terms of meeting the energy and social needs of the economy

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