Market or geopolitics? The Europeanization of EU's energy corridors
International Journal of Energy Sector Management
ISSN: 1750-6220
Article publication date: 12 April 2011
Abstract
Purpose
The purpose of this article is to explore an energy strategy for the European Union (EU) that could integrate the tensions between geopolitics and the market in a coherent and consistent external EU energy policy.
Design/methodology/approach
The approach consists of combining the theoretical framework of international political economy and Europeanization to European energy corridors.
Findings
The article finds that most qualitative energy security scenarios can be conceived as applications of international political economy paradigms. Its main result is to conceptually develop a geo‐economic strategy consisting on the Europeanization of EU's external energy corridors along its own energy regulations and standards.
Research limitations/implications
The article explores a distinct hybrid scenario, the Europeanization of energy corridors, which could be instrumental in overcoming the apparent dilemma between EU's market and geopolitical‐based scenarios.
Originality/value
The original contribution of the article lies in the application of international political economy and Europeanization theories to energy security scenarios, and the inclusion of governments' preferences in the process of hedging market and geopolitical scenarios.
Keywords
Citation
Escribano Francés, G. (2011), "Market or geopolitics? The Europeanization of EU's energy corridors", International Journal of Energy Sector Management, Vol. 5 No. 1, pp. 39-59. https://doi.org/10.1108/17506221111120893
Publisher
:Emerald Group Publishing Limited
Copyright © 2011, Emerald Group Publishing Limited