Europe’s Way to Energy Security: The Outer Dimension of Energy Security: From Power Politics to Energy Governance

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Series Details Vol.15, No.1, February 2010, p77–95
Publication Date February 2010
ISSN 1384-6299
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Abstract:
European integration with its common markets for coal and nuclear fuels and, nowadays, ambitions of a comprehensive energy policy makes Europe one of the most interesting regions with regard to energy security. However, not only the European Union (EU) but also the International Atomic Energy Agency (IAEA) and the North Atlantic Treaty Organization (NATO) are or will be relevant actors in the global struggle for affordable, sustainable, and sufficient supplies of energy. All three have developed more or less distinctive instruments to secure their members access to energy. Nevertheless, there are three problems that prohibit the Europeans from being important players in global energy politics. First, the EU Member States do not have sufficient indigenous reserves of energy and thus are dependent on foreign suppliers. Second, Europe and its partners lack, as of yet, a comprehensive strategy for dealing with the external aspects of energy politics, including supply security as well as the political and economic challenges of import dependency and energy cut-offs. Third, only if inner-EU coherence can be established – and later on, regional and global energy governance – will the problem of energy security be resolvable. Finally, a coherent, internal EU position will be necessary to establish regional and global energy governance – the key to stabilizing future energy relations

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