Institutionalization energy strategies of Russia and the EU on the example of comparative analysis of documents of long-term planning in the field of energy

Sergey N. Silvestrov
Dr. Sci. (Econ.), Professor, honored economist of the Russian Federation, Director of the Institute of Economic Policy and Problems of Economic Security, Financial University, This email address is being protected from spambots. You need JavaScript enabled to view it.

Vladimir P. Bauer
Dr. Sci. (Econ.), Director of the of the center, Institute of Economic Policy and Problems of Economic Security, Financial University, This email address is being protected from spambots. You need JavaScript enabled to view it.

Gleb L. Podvoisky
Cand. Sci. (Econ.), Leading researcher, Center for macroeconomic research of the Department of economic theory, Financial University, This email address is being protected from spambots. You need JavaScript enabled to view it.

Sergey A. Pobyvaev
Candidate of Economic Sciences (PhD), Leading researcher, Institute of Economic Policy and Problems of Economic Security, Financial University, This email address is being protected from spambots. You need JavaScript enabled to view it.

Natalia V. Lapenkova
Junior researcher, Institute of Economic Policy and Problems of Economic Security, Financial University, This email address is being protected from spambots. You need JavaScript enabled to view it.

Journal of Economic Regulation, 2018, Vol. 9 (no. 2),

p. 37-55
DOI: 10.17835/2078-5429.2018.9.2.037-055

The Authors attempted to justify the category of "institutionalization" in relation to the energy strategies of Russia and the EU, using a comparative analysis of long-term planning documents in the field of energy. A retrospective analysis of the memical origins of modern European and Russian energy strategies is given. The fact that both strategies operate on the European institutional framework allows us to consider strategic documents from the point of view of the resultant process of institutionalizing energy development. The main strategic document of the Russian Federation in the field of energy is the "Energy Strategy of Russia for the period until 2035", which replaced the "Energy Strategy of Russia for the period until 2030". Currently, the European hydrocarbon market is evolving rather quickly, as is the evolution of its regulatory system. The main documents of the EU defining the energy strategy and regulation of the energy market are the Europe 2020 Strategy, which specifies the energy strategy document Energy 2020. The Strategy for Ensuring Competitive, Sustainable and Safe Energy, Energy 2030 – The Policy Framework Concept in the field of climate change and energy for the period from 2020 to 2030 and "Energy road map 2050". An important event in the formation of the EU energy strategy was the creation of the European Energy Union. Somewhat unusual for the field of the unified energy strategy was the political motivation for the conclusion of the Energy Union.

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Keywords: institutionalization; comparative analysis; long-term planning documents in the field of energy; energy strategy of Russia; energy strategy of the EU

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Publisher: Ltd. "Humanitarian perspectives"
Founder: Ltd. "Humanitarian perspectives"
Online ISSN: 2412-6047
ISSN: 2078-5429