HYDROGEN DIPLOMACY AND GEOPOLITICS OF ENERGY TRANSFORMATION
The research is devoted to the issues of determining the EU’s long-term strategic choice in the context of energy transformation and studying the key elements of the EU’s hydrogen diplomacy. The main idea of the paper is to assess the key elements of the EU’s hydrogen diplomacy at the moment in t...
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| Main Authors: | , |
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| Format: | Article |
| Language: | deu |
| Published: |
Alfred Nobel University
2024-12-01
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| Series: | European Vector of Economic Development |
| Subjects: | |
| Online Access: | https://eurodev.duan.edu.ua/images/PDF/2024/2/11.pdf |
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| Summary: | The research is devoted to the issues of determining the EU’s long-term strategic
choice in the context of energy transformation and studying the key elements of the EU’s
hydrogen diplomacy. The main idea of the paper is to assess the key elements of the EU’s
hydrogen diplomacy at the moment in the context of the geopolitics of energy transformation.
The potential key centres of hydrogen production in Europe has been identified in the paper.
The study also highlights that the EU plans to become an importer of green hydrogen and
Power-to-X products. Hydrogen is likely to have a significant impact on the geography of
energy trade, further regionalising energy relations. It should also be borne in mind that
pure hydrogen will not generate profits comparable to today’s oil and gas. Hydrogen is a
transformation, not an extraction, and it has the potential to be produced competitively in many
places. It is argued that there is an urgent need to transform the EU’s hydrogen diplomacy in
the paper, aligning Europe’s interests in enhancing its competitiveness and energy security in
times of crisis with global goals of decarbonisation and sustainable economic development.
The implementation of effective hydrogen diplomacy and partnerships within the H2-diplo
initiative will consolidate the geopolitical and security environment on the way to the EU’s
strategic autonomy. At the same time, it is noted that the EU needs to think deeply about the
potential contribution of the EU to territorial defence and deterrence in the paper and how its
defence instruments can strengthen the Atlantic Alliance’s deterrence and territorial defence
strategy. This refocusing on traditional defence will significantly increase the EU’s added
value. The National Security Strategy, approved by the Biden administration on 12 October
2022, makes this clear, distinguishing between China as a ‘systemic’, ‘global’ challenge and
russia as an ‘immediate’, albeit more local, threat. It has been explaind that as the United States
increases its focus on China and Asia, Europe will have to assume more responsibility for the
security and defence of the continent. |
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| ISSN: | 3041-2153 3041-2161 |