The Impact of the Energy Supply Retrench Caused by the Russia-Ukraine Conflict on EU Countries and Developments

Abstract

Energy is the primary basis and driving force for the development of the economy of modern countries, and it is a matter of national and geopolitical patterns. Due to the conflict between Russia and Ukraine, Western governments have strengthened political and economic sanctions against Russia, and several EU countries have been unable to decouple Russia's short-term energy resources, which has led to a significant increase in the energy resources of EU countries. This change in the energy landscape of the EU will have a bearing on the long-term economic development of the EU and the geopolitical changes in the world. Under the background of the conflict between Russia and Ukraine, this paper analyzes the important influence of new energy development on the energy pattern of the European Union. It is found that the energy supply of Russia and Ukraine to Europe will become a bigger problem, especially the further contraction of energy under the war and conflict, which will seriously affect the primary energy supply of the EU and make the EU form a more tense energy pattern under the existing energy pattern. In addition, the surge in energy prices in Europe will have a substantial negative impact on Europe's future energy landscape.