Since the end of the Cold War, military capacities as a means of geopolitical power have been considered to become less important in favour of economic issues. But even though the latter do not have the same obvious striking force as gun power, certain economic aspects can also represent a fundamental element of national security.
For the European Union, one of ‘well identified areas’ in order to protect the economy is energy supply, respectively energy security. Since the number of countries that deliver most of the oil and gas to the EU is very small and some of them are involved in geopolitical quarrels, the EU seeks to diversify its energy supplier structure. One opportunity to do so might be the Transatlantic Trade and Investment Partnership (TTIP).
In this paper, I argue that TTIP is supposed to be, among others, a geoecomomic tool of the EU in order to diversify its energy suppliers and to reach more energy security, but this will only work on a medium to long term perspective and to a limited extent.
Contents
Introduction – ‘Geoeconomics’, energy security and TTIP
Counteracting the EU’s energy supply dependencies – TTIP as a ‘geoeconomic’ tool?
Possibilities and limits of US energy exports to the EU
Conclusion – US energy exports: untapped potential to diversify the EU’s supply but not a secured and definitive solution
Bibilography
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Téléchargez vos propres textes! Gagnez de l'argent et un iPhone X.