Columbia International Affairs Online
CIAO DATE: 3/5/2008
Europe’s External Energy Policy: Between Geopolitics and the Market
October 2007
Centre for European Policy Studies
Abstract
While energy security has gradually been incorporated into the EU's foreign policy calculus, the declared approach of extending a nexus of 'marketgovernance' energy norms has been realised only to a limited extent. The EU has eschewed a comprehensively political approach to energy security, with its energy security policy currently hovering ineffectively between market and geopolitical approaches. The EU needs to address more effectively the way in which governance structures in producer states impact upon European energy interests.