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European energy security reimagined: mapping the risks, challenges and opportunities of changing energy geographies
[working paper]
Corporate Editor
Stiftung Wissenschaft und Politik -SWP- Deutsches Institut für Internationale Politik und Sicherheit
Abstract Following the Paris Agreement, the energy landscape is changing more than ever. While these changes bring opportunity, they also come with risks, requiring traditional concepts of energy security to be reconsidered. These changes in the energy landscape are mirrored by shifting political balances as... view more
Following the Paris Agreement, the energy landscape is changing more than ever. While these changes bring opportunity, they also come with risks, requiring traditional concepts of energy security to be reconsidered. These changes in the energy landscape are mirrored by shifting political balances as the world becomes increasingly multipolar, raising questions of which rules will govern energy systems, trade, markets and investment. As geopolitical turmoil comes closer to the EU’s borders, energy systems are becoming increasingly cross-border and regional in nature, intertwining interest in energy security. Cross-border initiatives in energy are proliferating across Eurasia, driven in part by the rise of China, with the potential to create new energy regions, corridors and geographies. These developments can lead to new geographies along infrastructure lines and could result in competitive regionalism and regulatory fault lines. This paper reflects an initial step to identify potential risks emerging in this new energy landscape and assess the ability of existing institutions and tools of governance to address them. The study aims to describe the risk landscape and governance shortcomings and identify actions the EU can take to both improve its existing external energy governance and empower existing institutions to address these risks. Ultimately, for the EU and Germany, the challenge will be to turn the potential risks of connectivity into opportunities and to help establish a level playing field that ensures competitiveness through common rules. (author's abstract)... view less
Keywords
energy supply; energy policy; EU; international cooperation; infrastructure; energy; security; crisis management (econ., pol.); governance; climate protection
Classification
International Relations, International Politics, Foreign Affairs, Development Policy
Special areas of Departmental Policy
Document language
English
Publication Year
2017
City
Berlin
Page/Pages
34 p.
Series
SWP Research Paper, 4/2017
ISSN
1863-1053
Status
Published Version; reviewed
Licence
Deposit Licence - No Redistribution, No Modifications