Reshaping global energy policy through brics+ and seeking a new equilibrium in energy markets

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dc.contributor.authorUmutlu, Hasan
dc.contributor.authorTerzioglu, Hande Caliskan
dc.date.accessioned2025-10-11T20:45:32Z
dc.date.available2025-10-11T20:45:32Z
dc.date.issued2024
dc.departmentDüzce Üniversitesien_US
dc.description.abstractBRICS+ countries (Brazil, Russia, India, China, South Africa, and the recently expanded bloc of Ethiopia, Saudi Arabia, UAE, Iran, and Egypt) hold significant potential to reshape global energy policy. This expanding alliance is positioned to become a decisive force in the supply of traditional energy resources such as oil and natural gas, particularly given the inclusion of energy-rich nations. With Russia and Saudi Arabia-two of the world's largest energy producers-as well as major energy consumers like China and India, BRICS+ is poised to drive a new equilibrium in energy markets. Enhanced cooperation and increased trade volumes among the bloc members can foster a more balanced distribution of energy resources both regionally and globally. This study analyzes the role of BRICS+ countries in global energy policy and examines the potential impact of these evolving power dynamics on energy markets. Notably, it highlights BRICS+ leadership in renewable energy investments and the global energy transition. © 2025 Elsevier B.V., All rights reserved.en_US
dc.identifier.doi10.4018/979-8-3693-7393-4.ch011
dc.identifier.endpage383en_US
dc.identifier.isbn9798369373934
dc.identifier.isbn9798369373958
dc.identifier.scopus2-s2.0-105008600844en_US
dc.identifier.scopusqualityN/Aen_US
dc.identifier.startpage345en_US
dc.identifier.urihttps://doi.org/10.4018/979-8-3693-7393-4.ch011
dc.identifier.urihttps://hdl.handle.net/20.500.12684/21411
dc.indekslendigikaynakScopusen_US
dc.language.isoenen_US
dc.publisherIGI Globalen_US
dc.relation.publicationcategoryKitap Bölümü - Uluslararasıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.snmzKA_Scopus_20250911
dc.subjectEnergy Policyen_US
dc.subjectEnergy Supplyen_US
dc.subjectInvestmentsen_US
dc.subjectMarketingen_US
dc.subjectPower Marketsen_US
dc.subjectRenewable Energyen_US
dc.subjectChina And Indiaen_US
dc.subjectEnergyen_US
dc.subjectEnergy Consumeren_US
dc.subjectEnergy Marketsen_US
dc.subjectEnergy Producersen_US
dc.subjectEthiopiaen_US
dc.subjectGlobal Energyen_US
dc.subjectOil And Natural Gasen_US
dc.subjectSaudi Arabiaen_US
dc.subjectSouth Africaen_US
dc.subjectEnergy Transitionen_US
dc.titleReshaping global energy policy through brics+ and seeking a new equilibrium in energy marketsen_US
dc.typeBook Parten_US

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