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A common energy market in the Eurasian Economic Union: implications for the European Union and energy relations with Russia
Ein gemeinsamer Energiemarkt in der Eurasischen Wirtschaftsunion: Implikationen für die EU und ihre Energiebeziehungen zu Russland
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Stiftung Wissenschaft und Politik -SWP- Deutsches Institut für Internationale Politik und Sicherheit
Abstract To the east of the European Union a regional energy market is taking shape under the auspices of the Eurasian Economic Union (EEU). Even if the interests of the participating states diverge and the ultimate shape of the market remains unclear, the development is likely to be substantial. On the one ... view more
To the east of the European Union a regional energy market is taking shape under the auspices of the Eurasian Economic Union (EEU). Even if the interests of the participating states diverge and the ultimate shape of the market remains unclear, the development is likely to be substantial. On the one hand, it threatens to deepen the fragmentation of energy markets in Europe and Asia, on the other the process could generate new opportunities for cooperation and larger spheres of integration. It is thus worth exploring at this early stage the extent to which the emerging energy market is compatible with the European Union and the European Energy Community. It is especially important to track the effects in the common neighbourhood, above all Ukraine, in order to avoid renewed geopolitical disruption. (author's abstract)... view less
Keywords
EU; pressure-group politics; energy policy; energy supply; security; economic policy; Ukraine; economic integration; market
Classification
Special areas of Departmental Policy
International Relations, International Politics, Foreign Affairs, Development Policy
Free Keywords
Eurasian Economic Union
Document language
English
Publication Year
2016
City
Berlin
Page/Pages
8 p.
Series
SWP Comment, 9/2016
ISSN
1861-1761
Status
Published Version; reviewed
Licence
Deposit Licence - No Redistribution, No Modifications