STRATEGIC EUROPEAN COOPERATION IN RENEWABLE ENERGY PROJECTS: A SURVEY

Abstract

Because of the difficult situation in the world energy market, in particular, in Europe, and the need to respond to global challenges in terms of increasing the energy security of individual countries and their associations by reducing dependence on the import of fossil fuels (natural gas, oil and petroleum products, stone coal, etc.) and the development of renewable energy to level the difference in the natural resource potential of traditional energy resources, it is necessary to develop the energy system based on the principles of energy self-sufficiency and high energy transitivity to quickly respond to fluctuations in demand and balance the energy network. The article examines existing cooperation mechanisms in the energy sector of the European Union, both between EU member states and between EU representatives and third countries. The specified procedure for concluding international agreements ensures compliance with the legislation of the European Union and verification of agreements between countries for compliance with the goals of energy policy and promotion of the achievement of indicators, particularly in the field of renewable energy development. This approach ensures integrity and consistency in the implementation of both energy and climate policies of the European Union. It contributes to the implementation of pan-European and national strategic plans. In connection with the need for temporary measures for the transformation of the EU energy system and following the most expected scenario of such a transformation, which involves two stages: diversification of the supply of fossil fuels to EU countries to replace Russian energy resources in the short term and intensification of the development of renewable energy to replace fossil fuels with renewable in the medium and long time, a list of countries with which cooperation in the implementation of energy projects will help reduce the dependence of the European Union on the import of energy resources from the Russian Federation in the short term has been determined. The transparency platform for cross-border renewable energy projects (CB RES Transparency Platform) described in the article aims to increase the efficiency of international partners' interaction during the implementation of clean energy projects in the European Union.