Republic of BulgariaMinistry of Foreign Affairs DIPLOMATIC INSTITUTEFOREIGN AFFAIRS RESEARCH PAPERSEnergy and Climate DiplomacyJune 20231717REPUBLIC OF BULGARIAMinistry of Foreign AffairsDiplomatic InstituteENERGY AND CLIMATE DIPLOMACYFOREIGN AFFAIRS RESEARCH PAPERS 17June, 2023This Journal is issued with the support of:Editor-in-chief: Slavtcho NeykovEditor: Grigor MonovskiPrepress and Print: St. George Publishing Ltd. Graphic Design and Cover: St. George Publishing Ltd.Published by: © Bulgarian Diplomatic Institute, 2023 http://bdi.bgFacebook: Bulgarian Diplomatic InstituteSofiaISSN 2815-4878 (Online)CONTENTS2022-2023 – Unprecedented Energy Changes Well Beyond the Expectations…........................................................................... 6Introduction to the Edition by Slavtcho NeykovThe RePowerEU Plan and Energy Security in Southeast Europe......................... 9Alexios-Marios Lyberopoulos, Ambassador of the Hellenic Republic to BulgariaA New Balance of Power – Europe’s Energy Transition amidGeopolitical Upheaval.................................................................................. 23Kristian Ruby, Secretary General at EurelectricThe Way from the Energy Union Framework Strategy to the RePowerEU Plan....................................................................................... 34Zinaida Zlatanova, Liberal Institute for Political AnalysesEU’s Energy and Climate Policies at a Time of Adverse Geopolitics……...…..… 45Peter Poptchev, PhD, Ambassador (Rtd.), Head of Net Zero Foundation - International Climate NetworkOil Markets After the Invasion of Ukraine: Moving Towards Strategic Competition………………........................…………… 62Irina Patrahau and Lucia van Geuns, The Hague Center for Strategic Studies (HCSS)Loss & Damage Finance...