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New Political Economy of Energy in Europe: Power to Project, Power to Adapt

New Political Economy of Energy in Europe: Power to Project, Power to Adapt

Hardcover

Series: International Political Economy

Business GeneralGeneral Political Science

ISBN10: 3319933590
ISBN13: 9783319933597
Publisher: Palgrave Macmillan
Published: Oct 11 2018
Pages: 267
Weight: 1.10
Height: 0.69 Width: 5.83 Depth: 8.27
Language: English

This edited collection details and analyses the dramatic changes that the international political economy of energy has undergone in the past decade. This change began with the increasing assertiveness of Russia when the oil price rose above the $100 mark in 2008. This, combined with the rise of shale oil and gas, made the USA all but self-sufficient in terms of fossil fuels. The collapse of the oil price in 2014-15, Saudi Arabia's new strategy of defending its market share and the increasingly tense and controversial relationship between the West and Russia all worked to further strengthen the geopolitical dimension of energy in Europe. The global result is a world in which geopolitics play a bigger part than ever before; the central question the authors of this volume grapple with is how the EU - and European small states - can deal with this.

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