ENERGY UNION: THE EUROPEAN UNION AND THE SOUTHEAST ENERGY COMMUNITY FACING NEW GLOBAL AND REGIONAL CHALLENGES
Published: 29 May 2015
Abstract: Issues relating to energy are among the most important and difficult challenges confronting the world today. Providing sufficient energy to meet the requirements of a growing world population with rising living standards will require major advances in energy supply and efficiency. Given the dynamic and unpredictable form of supply and demand for energy in a global and globalized context, creating long-term policies as well as regional interior is vital to ensure energy security. Europe is emerging from a deep financial and economic crisis and it is widely agreed that stronger European industrial competitiveness is vital as a driver for economic growth and job creation. In this context, the European Union, - as a main global actor- throughout the reform of the energy sector, wants to be on the cutting edge in the use of new technologies and the creation of a single energy market, not only inside the twenty eight member countries. Balkan countries have an important role in this process, which takes place inside the Energy Community. In these conditions, this article aims to analyse the recent transformation on European Union energy policy and provide an analysis of the commitments undertaken by Albania as a member of the Energy Community.
Keywords: energy, global context, long-term policies, european union energy, energy community, albania energy sector
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