IDEAS home Printed from https://ideas.repec.org/a/iem/eurinf/v6y2022i2p3-18.html
   My bibliography  Save this article

Eu - Russia Relationship In The Current Geopolitic Context. Implications For The European Energetic Security Under Green Deal

Author

Listed:
  • Andreea - Emanuela DRĂGOI
  • Paul CALANTER
  • Anca - Cătălina DRAGOMIR

Abstract

The invasion of Ukraine by the Russian Federation has significantly affected bilateral relations with theEU, as the European authorities imposed a massive wave of sanctions targeting all sectors of economic cooperation, including the highly controversial energy sector (through the latest package of sanctions, the sixth, adopted on June 3rd 2022, which imposed the embargo on imports of crude oil and petroleum products from Russia). In this highly tense geopolitical framework, and given the EU's well-known energy dependence on fossil fuel imports from the Russian Federation, Europe's energy security is jeopardized amid rapidly deteriorating bilateral relations with Russia. In this context, our paper aims to find the answer to the following research question: is the EU capable, under the auspices of the European Green Deal to cope with a total ban on energy imports from Russia? Our research aims to investigate both the opportunities of the European Green Deal and the challenges for ensuring the EU's energy security, together with the measures proposed by the latest European Plan (RePowerEU) to reduce energy dependence on Russian gas. Our article also presents, through a quantitative analysis based on the latest data on the EU energy mix, the potential role of renewable energy in reducing the EU's dependence on fossil fuels and, implicitly, on energy imports from Russia.

Suggested Citation

  • Andreea - Emanuela DRĂGOI & Paul CALANTER & Anca - Cătălina DRAGOMIR, 2022. "Eu - Russia Relationship In The Current Geopolitic Context. Implications For The European Energetic Security Under Green Deal," Euroinfo, Institute for World Economy, Romanian Academy, vol. 6(2), pages 3-18, June.
  • Handle: RePEc:iem:eurinf:v:6:y:2022:i:2:p:3-18
    as

    Download full text from publisher

    File URL: http://www.iem.ro/rem/index.php/euroinfo/article/view/829/912
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    EU - Russia bilateral relations; energy imports; energy trade; Green Deal; RePowerEU;
    All these keywords.

    JEL classification:

    • F00 - International Economics - - General - - - General
    • F01 - International Economics - - General - - - Global Outlook
    • F18 - International Economics - - Trade - - - Trade and Environment
    • F51 - International Economics - - International Relations, National Security, and International Political Economy - - - International Conflicts; Negotiations; Sanctions

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:iem:eurinf:v:6:y:2022:i:2:p:3-18. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ionela Baltatescu (email available below). General contact details of provider: https://edirc.repec.org/data/imacaro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.