CESEC 2.0: Opening the Door to a New Level of Regional Cooperation

CEPS Policy Insights, No 2017-35/September 2017

8 Pages Posted: 17 Oct 2017

See all articles by Christian Egenhofer

Christian Egenhofer

Centre for European Policy Studies (CEPS)

Cristian Stroia

Centre for European Policy Studies (CEPS)

Date Written: September 27, 2017

Abstract

The Central and South-Eastern Europe Gas Connectivity (CESEC) initiative brings together EU and non-EU countries under a single regional framework promoting energy policy cooperation. All states in the region share common challenges in the areas of energy security and energy market development that can best be addressed via a joint regional approach.

To date, the initiative has been a major political success for all those participating – the European Commission, the member states and the Energy Community contracting parties – which together have taken ambitious steps towards the creation of a regional energy security framework on the back of a regional energy market. Essential elements include the high-level political commitment, the prioritisation of a limited number of key infrastructure projects and the smart mobilisation of available EU funding.

These accomplishments are relevant for the successful implementation of the initiative’s next phase, CESEC 2.0, which will see its extension to electricity markets, renewables and energy efficiency, for which the high-level meeting in Bucharest on 27-28 September 2017 is expected to lead the way.

Keywords: Central and South-Eastern Europe Gas Connectivity, CESEC, energy policy cooperation, regional energy markets

Suggested Citation

Egenhofer, Christian and Stroia, Cristian, CESEC 2.0: Opening the Door to a New Level of Regional Cooperation (September 27, 2017). CEPS Policy Insights, No 2017-35/September 2017 , Available at SSRN: https://ssrn.com/abstract=3053803

Christian Egenhofer (Contact Author)

Centre for European Policy Studies (CEPS) ( email )

1 Place du Congres
Brussels, 1000
Belgium

Cristian Stroia

Centre for European Policy Studies (CEPS) ( email )

1 Place du Congres, 1000
Brussels, 1000
Belgium

Do you have negative results from your research you’d like to share?

Paper statistics

Downloads
16
Abstract Views
291
PlumX Metrics