CEU Electronic Theses and Dissertations, 2007
| Author | Balazs, Dalma Gabriella |
|---|---|
| Title | Once Uniting, now Dividing: the European Common Corporate Energy Policy |
| Summary | The European Union’s energy policy has reached a stalemate point. Most, if not all, of the Member States have realized that the present structure of the energy market, that is, being dependent on a few energy sources from a limited geographical area, is highly hazardous. According the European Commission’s recommendations, the only real and sustainable alternative to the present energy situation would be the domestic development of renewable energy sources. Some of the Member States, however, are blocking any further reforms in the integration process of this policy area. What is interesting in these developments is the fact that overall, no Member States can benefit from maintaining the present energy structure in comparison to participating in the development of renewable energy sources. The fundamental question is then who is the beneficiary of the present energy situation and whose interest is to prevent any further integration of the EU's energy policy? My findings is that besides Russia the beneficiaries of this current situation are the petrol-chemical corporations, such as BASF, SE, and E.ON AG, whose financial health is greatly dependent on the preservation of the existing structure of this business sector. |
| Supervisor | Prof. Peter Balazs |
| Department | International Relations MA |
| Full text | https://www.etd.ceu.edu/2007/balazs_dalma.pdf |
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