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The IEA, the new energy order and the future of global energy governance

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Abstract
Created in 1974 by the industrialized western countries in response to the first oil shock, the International Energy Agency (IEA) is generally regarded as the world’s foremost multilateral energy organization. During its forty years of existence, global energy markets have seen profound changes, most notably the rise of new energy consumers outside of the IEA. Although the IEA has reached out to some of these new energy consumers, neither China, India, nor any other rising power has thus far joined the agency. As a result, the IEA struggles to remain relevant as a multilateral organization and finds it ever more difficult to fulfill its core functions. This chapter will examine the driving forces that push for a closer engagement between the IEA and rising powers, as well as the legal and political hurdles that stand in the way of a rapid accession of China and the likes to the IEA. Then, it will look at some of the innovative ways in which the agency is nevertheless reaching out to the rising powers. Finally, the chapter will offer some interpretations of the observed patterns of outreach.
Keywords
rising powers, multilateral reform, IEA, global energy governance

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MLA
Van de Graaf, Thijs. “The IEA, the New Energy Order and the Future of Global Energy Governance.” Rising Powers and Multilateral Institutions. Ed. Dries Lesage & Thijs Van de Graaf. Basingstoke, UK: Palgrave MacMillan, 2015. 79–95. Print.
APA
Van de Graaf, T. (2015). The IEA, the new energy order and the future of global energy governance. In D. Lesage & T. Van de Graaf (Eds.), Rising powers and multilateral institutions (pp. 79–95). Basingstoke, UK: Palgrave MacMillan.
Chicago author-date
Van de Graaf, Thijs. 2015. “The IEA, the New Energy Order and the Future of Global Energy Governance.” In Rising Powers and Multilateral Institutions, ed. Dries Lesage and Thijs Van de Graaf, 79–95. Basingstoke, UK: Palgrave MacMillan.
Chicago author-date (all authors)
Van de Graaf, Thijs. 2015. “The IEA, the New Energy Order and the Future of Global Energy Governance.” In Rising Powers and Multilateral Institutions, ed. Dries Lesage and Thijs Van de Graaf, 79–95. Basingstoke, UK: Palgrave MacMillan.
Vancouver
1.
Van de Graaf T. The IEA, the new energy order and the future of global energy governance. In: Lesage D, Van de Graaf T, editors. Rising powers and multilateral institutions. Basingstoke, UK: Palgrave MacMillan; 2015. p. 79–95.
IEEE
[1]
T. Van de Graaf, “The IEA, the new energy order and the future of global energy governance,” in Rising powers and multilateral institutions, D. Lesage and T. Van de Graaf, Eds. Basingstoke, UK: Palgrave MacMillan, 2015, pp. 79–95.
@incollection{5950567,
  abstract     = {Created in 1974 by the industrialized western countries in response to the first oil shock, the International Energy Agency (IEA) is generally regarded as the world’s foremost multilateral energy organization. During its forty years of existence, global energy markets have seen profound changes, most notably the rise of new energy consumers outside of the IEA. Although the IEA has reached out to some of these new energy consumers, neither China, India, nor any other rising power has thus far joined the agency. As a result, the IEA struggles to remain relevant as a multilateral organization and finds it ever more difficult to fulfill its core functions.  This chapter will examine the driving forces that push for a closer engagement between the IEA and rising powers, as well as the legal and political hurdles that stand in the way of a rapid accession of China and the likes to the IEA. Then, it will look at some of the innovative ways in which the agency is nevertheless reaching out to the rising powers. Finally, the chapter will offer some interpretations of the observed patterns of outreach.},
  author       = {Van de Graaf, Thijs},
  booktitle    = {Rising powers and multilateral institutions},
  editor       = {Lesage, Dries and Van de Graaf, Thijs},
  isbn         = {9781137397591},
  keywords     = {rising powers,multilateral reform,IEA,global energy governance},
  language     = {eng},
  pages        = {79--95},
  publisher    = {Palgrave MacMillan},
  title        = {The IEA, the new energy order and the future of global energy governance},
  year         = {2015},
}