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The others deal with the technological possibilities of an energy transition to green energy and ask how it is practically and technologically possible to ensure energy security with green energy. Alternative technologies for energy production may play an important role in the energy transition. Without a transition to green energy, energy prices would not have had to rise so much, and energy security could have been better ensured by nuclear power plants. One deals with the economic and political aspects of the energy transition and energy security. [Extracted from the article]

This paper provides a theoretical framework to explore how the support policies for renewable energies can promote rent-seeking incentives in private firms. We develop a political economy of rent-seeking that considers the link between the regulatory decisions of political agents and the potential scope of socially wasteful pursuits. We argue that systematic public support schemes bring rent-seeking as a perception shared by entrepreneurs that influencing political allocations of resources is an essential and potentially preferable source of private profit than other for-profit economic avenues. As evidence of our claims, the framework is applied to the case of Spain to illustrate the economic effects of support policies on the production and distribution of renewable energy. We find rent-seeking behavior in Spain's renewable energy industry, and precisely that: (i) political regulations have induced market concentration and rent-seeking in renewable energy firms, (ii) these firms have required increasing regulations and premiums to survive, and (iii) energy consumers are forced to pay rent-seeking through increasingly expensive electricity bills. The analysis reveals some challenges and opportunities to drive efficient market-based policies to strengthen entrepreneurial competition and curb rent-seeking behavior. These insights have relevant proposals for the Spanish energy industry in complying with the EU Green Deal through a sustainable transition and comprehensive growth. [ABSTRACT FROM AUTHOR]

Climate change, clean energy transition, the energy security quest, and international relations have triggered the revival of renewable energy as a solution to these problems. Nowadays, there is an energy transition where renewable energies bring geopolitical changes in a world where fossil fuels are becoming less relevant. This article aims to assess how the transition influences Spain's energy relations with other countries regarding electricity and its sources, in alignment with the European Green Deal. In order to do so, its current energy situation, the renewable energies development and its energy import-export relations are examined. The results show that despite progress in green regionalization through more electric interconnection, little difference is to be found in traditional relations with fossil fuel countries exporters, but more are the contractions in Spanish energy economic policy, as here is explained. [ABSTRACT FROM AUTHOR]

The "European Green Deal" has ambitious aims, such as net-zero greenhouse gas emissions by 2050. While the European Union aims to make its energies greener, Russia pursues power-goals based on its status as a geo-energy superpower. A successful "European Green Deal" would have the up-to-now underestimated geopolitical advantage of making the European Union less dependent on Russian hydrocarbons. In this article, we illustrate Russian power-politics and its geopolitical implications by analyzing the illustrative case of the North Caucasus, which has been traditionally a strategic region for Russia. The present article describes and analyses the impact of Russian intervention in the North Caucasian secessionist conflict since 1991 and its importance in terms of natural resources, especially hydrocarbons. The geopolitical power secured by Russia in the North Caucasian conflict has important implications for European Union's energy supply security and could be regarded as a strong argument in favor of the "European Green Deal". [ABSTRACT FROM AUTHOR]