Regardless of numerous environmental measures to reduce energy consumption, Europe is still one of the largest energy importers in the world. While energy consumption is essential to maintain all the prosperity of Europeans, the continent's energy resources are not self-sufficient. This dichotomy drives Europe to import more and more energy even from its political rivals. It has become Russia's largest market in the energy sector which is alarming in terms of energy security. However, Europe may have encountered a miracle in the Eastern Mediterranean. The energy resources found in the Eastern Mediterranean may create a chance to ensure more security on energy policies if Europe manages to resolve conflicts with regional actors.
Mehmet Emirhan Kınataş,
KBN Analysis no. 11 (91) / 2021
11 October 2021
Regardless of numerous environmental measures to reduce energy consumption, Europe is still one of the largest energy importers in the world. While energy consumption is essential to maintain all the prosperity of Europeans, the continent's energy resources are not self-sufficient. This dichotomy drives Europe to import more and more energy even from its political rivals. It has become Russia's largest market in the energy sector which is alarming in terms of energy security. However, Europe may have encountered a miracle in the Eastern Mediterranean. The energy resources found in the Eastern Mediterranean may create a chance to ensure more security on energy policies if Europe manages to resolve conflicts with regional actors.
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