Publication details

The EU and the new energy reality : Lessons learned from the vortices of 2022



Year of publication 2023
Type Article in Periodical
Magazine / Source European View
MU Faculty or unit

Faculty of Social Studies

Web article - open access
Keywords EU; Russia; Internal Energy Market; Russian Invasion; Gas Supply Crisis; Electricity Price Hikes
Attached files
Description The Russian invasion of Ukraine and manipulation of the gas flow have revealed Russian leader Vladimir Putin’s malicious intentions and the EU’s weaknesses in the energy sector and related policies. As time has gone by and the initial shock has faded, it has become obvious that the EU’s policies need reform. Both the workings of the internal energy market and the fundaments of current energy policy have shown themselves to be unfit for the increased geopolitical tensions that the EU is facing. This article takes stock of what led to the crisis, assesses these policy flaws, and suggests possible solutions for the functioning of the internal energy market and policymaking.
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