The European Union and Its Energy Security Challenges

23 Pages Posted: 7 Dec 2014

See all articles by Rafael Leal-Arcas

Rafael Leal-Arcas

Queen Mary University of London - School of Law

Juan Alemany Rios

Queen Mary, University of London

Costantino Grasso

Coventry University

Multiple version iconThere are 2 versions of this paper

Date Written: December 6, 2014

Abstract

Energy security remains a vital issue for the European Union (EU), even more so in the wake of the events that unfolded in early 2014 in Ukraine. The EU´s already fragile position in the international energy arena in terms of supply security appears to be more uncertain than ever after umpteenth fall out with its historic energy supplier, Russia. This situation is untenable and calls for swift and decisive action to adequately tackle the issue once and for all. The chapter looks at the creation of a single EU energy market through integration of energy networks in the EU. The chapter then examines various ways to diversify its energy supply, whether through increasing the import of liquefied natural gas or through its relations with the Eurasian Union. The chapter concludes that from energy transit, to technology transfer, to investment protection, energy and trade present interplays across various fields. Improvements can be made to the EU trading system to ensure greater energy security and more efficient energy markets.

Suggested Citation

Leal-Arcas, Rafael and Alemany Rios, Juan and Grasso, Costantino, The European Union and Its Energy Security Challenges (December 6, 2014). Queen Mary School of Law Legal Studies Research Paper No. 187/2014. Available at SSRN: https://ssrn.com/abstract=2534741

Rafael Leal-Arcas (Contact Author)

Queen Mary University of London - School of Law ( email )

67-69
Lincoln's Inn Fields
Holborn, London WC2A 3JB
United Kingdom

HOME PAGE: http://www.ccls.qmul.ac.uk/staff/lealarcas.html

Juan Alemany Rios

Queen Mary, University of London ( email )

Lincoln's Inn Fields
Mile End Rd.
London, E1 4NS
United Kingdom

Costantino Grasso

Coventry University ( email )

Priory Street
Coventry, CV1 5FB
United Kingdom

HOME PAGE: http://https://pureportal.coventry.ac.uk/en/persons/costantino-grasso

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