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I perceive International Energy Policy as one of the key tools for a strong, competitive and secure future of the European Community. For this reason I have focused on the current legal framework of the European Union Energy Policy, future perspectives for renewable energy utilization, International Energy Cooperation of the European Union and Ukraine. Alongside I suggested a project on the topic: Global Investments into the Wind Energy Industry of Ukraine. This book highlights the role of the external players USA, Russia and the EU in the future democratic development of Ukraine and its energy system potential. Without significant reforms of Ukraine s energy sector, which has been hampered by large-scale mismanagement, the country will not be able to attract the necessary foreign investment and technical assistance it demand to fully and deeply exploit its own rich resources.