Towards a ‘security-centred’ energy transition: balancing the European Union’s ambitions and geopolitical realities

Author:

Marhold Anna-Alexandra

Abstract

Abstract The European Union (EU) faces a pressing, multi-level energy crisis propelled by the perfect storm of Russia’s war in Ukraine and rapidly progressing climate change. As a result, the EU is scrambling to ensure it has sufficient energy supplies for the foreseeable future while reinventing its energy strategy in the long term. Since the EU is at a critical juncture for squaring EU energy security with European and international legal commitments, this article surveys this radical shift and its consequences. It analyses new EU-wide crisis-response tools and ad hoc bilateral arrangements with third countries against existing legal commitments. Recent developments are only the beginning of a much larger re-evaluation of core notions of the ‘trade-energy security’ nexus. To decarbonize, the EU must move towards a ‘security-centred’ energy transition, premised on ‘security first, compliance second’. This requires reassessing the notion of ‘protectionism’ in geopolitically sensitive areas and the current division of energy competences between the EU and its Member States.

Publisher

Oxford University Press (OUP)

Subject

Law,Economics, Econometrics and Finance (miscellaneous)

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