The Bulletin of the Institute of Economics of the Russian Academy of Sciences № 2/2026. World Economy and international economic relations.
JATS XMLViktor P. Klavdienko
Dr. Sci. (Econ.), Associate Professor, Leading Researcher, Faculty of Economics, Lomonosov Moscow State University, Moscow, Russia
ORCID: 000-0001-5929-2755
Marina L. Luchko
Dr. Sci. (Econ.), Professor, Professor of the Faculty of Economics, Lomonosov Moscow State University, Moscow, Russia
ORCID: 0000-0001-5895-1712
THE EU’S SINGLE ENERGY MARKET: CONVERGENCE OR STATUS QUO…
 124-143 |
 414.4 K |
 Full text |
The article identifies the stages of creating a single energy market for the countries of the European Union (EU). It examines the strategy for creating an energy union of the EU countries, which defines five key areas for the development of the EU energy sector during the transition to a carbon-neutral economy (up to 2050). Differences in government support for «green» business in different EU countries have been identified. It is concluded that the state is increasingly intervening in the energy sector, using a wide range of direct and indirect instruments of influence.
Additionally, the evolution of the consumption patterns of primary fuel and energy resources (FER) in 27 current EU member states was studied for their differences (or similarities). Centrifugal trends in price variations for energy resources in different EU countries were identified. It was emphasized that a characteristic feature of energy supply in EU countries is the high share of energy imports, which, in the process of forming a single EU energy market, has not decreased, but is steadily increasing. As a result, it is concluded that energy based on renewable energy sources (RES) has its competitive advantages, but there are also certain risks associated with increasing the share of RES in the overall energy balance.
Keywords: European Union, single energy market, energy transition, sustainable development, world economy.
JEL: F18, H23, O52, Р28, Q43
EDN: PDMDWD
DOI: https://doi.org/10.52180/2073-6487_2026_2_124_143
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Manuscript submission date: 03.12.2025
Manuscript acceptance date: 02.04.2026
For citation:
Klavdienko V.P., Luchko M.L. The EU’s single energy market: convergence or status quo… // Vestnik Instituta Ekonomiki Rossiyskoy Akademii Nauk. 2026. № 2. Pp. 124-143. (In Russ.). https://doi.org/10.52180/2073-6487_2026_2_124_143 EDN: PDMDWD
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