Reducing Energy Reliance
“In 2014, six European Union member states — Bulgaria, Estonia, Finland, Lithuania, Latvia and Slovakia — were more than 90 percent dependent on Russian natural gas. Five of those countries were among the seven EU states paying the most for natural gas. Pricing is only one side of the coin — another is geopolitical pressure placed on dependent consumers. But after Russia cut gas supplies in 2009, priorities changed. The EU implemented its Third Energy Package, the Southern Gas Corridor initiative received political and financial attention from the EU, and an Energy Union ceased to be only a dream. Europe refocused on consumer needs and worked to diversify supplies. Increasing the use of renewables, improving coordination with suppliers and creating regional gas and electricity markets became political priorities. Consequently, the necessary energy infrastructure was developed at a speed not previously seen. Europe started preparing for gas supply disruptions.
In this context, expectations for liquefied natural gas (LNG) are high among both civilians and experts. It is hoped that establishing marketbased conditions will trigger diversification of the gas supply, which would lower prices and make supplies more secure...”
Excerpt from Arūnas Molis and Giedrius Česnakas, “Reducing Energy Reliance,” per Concordiam: Journal of European Security Defense Issues 6, No. 2, 2015: 30-33.
Dr. Arūnas Molis is an associate professor at the Faculty of Political Science and Diplomacy, Vytautas Magnus University in Kaunas, Lithuania. Previously, he was an analyst at the NATO Energy Security Centre of Excellence, a consultant to the Lithuanian government and a lecturer on security topics at the Baltic Defence College as well as at Lithuanian, Estonian, German, Czech and South Korean universities.
Dr. Giedrius Česnakas is vice-dean at the Faculty of Political Science and Diplomacy at Vytautas Magnus University, Kaunas, Lithuania. He is a lecturer on international relations and energy security and a researcher at the Energy Security Research Centre at Vytautas Magnus.
This article reflects the views of the author and are not necessarily the official policy of the United States, Germany, or any other governments.