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For a long time Russia’s position as a key global energy player has enhanced Moscow’s international economic and political influence whilst causing concern amongst other states fearful of becoming too dependent on Russia as an energy supplier. The Global Financial Crisis shook this established image of Russia as an indispensable energy superpower, immune to negative external influences and revealed the full extent of Russia’s dependence on oil and gas for economic and political influence. This led to calls from within the country for a new approach where energy resources were no longer regarded wholly as an asset, but also a potential curse resulting in an over reliance on one sector t...
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. Chapter 4 of this book is available open access under a CC BY 4.0 license at link.springer.com
This book addresses how the progress of the Russian aluminium industry, which has developed into an important global actor, has been influenced by the interaction of global market forces and the evolution of the Russian political system. After the collapse of the Soviet Union, Russian aluminium producers needed to adapt to changing framework conditions, both with regards to the global aluminium market and in Russia. Examining the most important changes in the organization of the global aluminium trade – the reorganization and consolidation of Russian aluminium industry and its ‘oligarchization’ – Godzimirski charts the evolution of the relationship between political and economic power in Russia, and the impact that this development has had on survival and adaptation strategies of key aluminium players in the country.
"In many ways, everything we once knew about energy resources and technologies has been impacted by: the longstanding scientific consensus on climate change and related support for renewable energy; the affordability of extraction of unconventional fuels; increasing demand for energy resources by middle- and low-income nations; new regional and global stakeholders; fossil fuel discoveries and emerging renewable technologies; awareness of (trans)local politics; and rising interest in corporate social responsibility (CSR) and the need for energy justice. Research on these and related topics now appears frequently in social science academic journals-in broad-based journals, such as Internationa...
Given Australia’s lack of energy security strategy, it is not surprising that the country is void of institutional knowledge and know-how of Russian foreign energy strategy. The ‘lucky country’ as it were, relies entirely on sea-lines of communication to the north to supply fuel and to export Australian coal and natural gas. Australia has entered the 2020s as the world’s largest liquefied natural gas (LNG) exporter; however, maintaining complacency in Canberra’s current export activities will ultimately lead to a long-term security crisis. This book critically examines Russian energy strategy in the Asia-Pacific, with a view to determining the security implications for Australia. R...
Bringing together renewable energy and energy security, this book covers both the politics and political economy of renewables and energy security and analyzes renewable technologies in diverse and highly topical countries: Japan, China and Northern Europe.
After a period of relative weakness and isolation during most of the 1990s, Russia is again appearing as a major security player in world politics. This book provides a comprehensive assessment of Russia's current security situation, addressing such questions as: What kind of player is Russia in the field of security? What is the essence of its security policy? What are the sources, capabilities and priorities of its security policy? What are the prospects for the future? One important conclusion to emerge is that, while Russian foreign policy under Putin has become more pragmatic and responsive to both problems and opportunities, the growing lack of checks and balances in domestic politics makes political integration with the West difficult and gives the president great freedom in applying Russia's growing power abroad.
In the contemporary policy debate on the EU's neighborhood, grand designs are transforming into more pragmatic considerations. This book examines regional cooperation among the countries of northern Europe, emphasizing the pitfalls and successes of engaging Russia. Drawing from the experiences of northern partnerships, the authors assess prospects for collaborating on energy, transportation, the environment, and public health. They conclude that practical regional cooperation with Russia can prove highly relevant not only for developing the EU's northern policy but also for working with Russia in general.
This work examines the CFE Treaty as a factor in Russia’s foreign and security policy. Moscow showed amazing persistence in their relationship with the "cornerstone of European security." Their approach to the treaty was a genuine attempt to shape the security environment in Europe and the former USSR. The treaty also enabled the dismantling of large conventional forces as they returned from Eastern Europe and transitioned into the armies of the newly independent states of the former USSR. The CFE Treaty, though, proved ineffective at constraining the enlargement of NATO. Simultaneously, Moscow’s foreign and security policy evolved from one that focused on the domestic development of the...