HOW RUSSIA-EU COULD COOPERATE IN SHAPING FUTURE ENERGY RELATIONS

The importance of renewables for EU-Russia energy relations should grow. Despite declarative statements of mutual interest, shared objectives and cooperation in decarbonization policy, there has been very limited cooperation . The EU has set ambitious plans to decarbonize its economy and energy sector by 2050. However, in Russia energy policy is dominated by hydrocarbon exports, decarbonization targets are modest, and there are major problems with their implementation.