Trends of International Energy Security Risk Index in European Countries

Chernyak, Oleksandr; Kharlamova, Ganna; Stavytskyy, Andriy

doi:10.1515/bjes-2018-0002

Cited by 14 publications

(8 citation statements)

References 18 publications

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“…The proposed methodology for the energy security index calculating is based on the comparison of indicators of different countries, which allows us to automatically take into account new trends. For example, if all countries reduce oil consumption by 20% in favor of gas in the next five years, the ratio of indices will remain unchanged [57]. A similar situation will be observed in the case of new energy sources [58].…”

Section: Discussionmentioning

confidence: 67%

“…Therefore, the methods usually assume their periodic updating; sometimes it is drastic in the life cycle and the emergence of new threats to the risks of hazards. (5) some countries, such as Ukraine, do not have a specially developed and officially recognized method for calculating energy security [57]. For example, in Ukraine, there are recommendations for the definition of energy security as a component of economic security that are contained only in the methods of economic security calculating (since 2007).…”

Section: Literature Reviewmentioning

confidence: 99%

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Methodology for Calculating the Energy Security Index of the State: Taking into Account Modern Megatrends

et al. 2021

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Energy issue stays a top priority for the national security of most countries. Despite numerous international forums, large-scale geoeconomic research, international and national projects, and the development of appropriate strategies, the issue of energy security assessment and understanding of its terminology is not a universal practice. The presented study has an ambitious goal to develop a methodology that can provide an objective picture of the energy sector on an international scale with cross-country comparisons under the influence of modern megatrends. Based on 29 indicators, according to the World Bank data since 1991, the energy security index is calculated for the set of world states with further analysis of the cluster dynamics of their common trends in energy security. The index showed its objectivity and resistance to existing shocks in geoeconomic dynamics. An important feature of the proposed index is the possibility to compare the energy security index with 1. This value is, in fact, a European average: if a country has an energy security index greater than 1, it means that its energy level is currently better than the European average, and if it is lower than 1, it means that it is inferior to the level of energy security currently achieved on average in Europe. The concept of calculating the index of energy security of the state is based on a unified comparison of all countries, which allows us to move away from the use of signaling approaches and eliminate subjectivity in calculations, as well as provide a basis for dynamic comparison of energy security. The vital aspect of the index is that it takes into account changes in the energy paradigm, the transition to alternative energy sources, and the comprehension of the role of energy efficiency, in particular, of fossil fuels. The study identifies clusters of countries that have consistent similarities in energy security, which can usually be of practical interest in developing energy strategies and understanding the similarity of geoeconomic interests of these states. Thus, this article contributes not only to the development of scientific approaches to the assessment of energy issues, in particular, through the methodological development of a representative index, but also through the presentation of statistically sound results for further effective management decisions at the state level.

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Section: Discussionmentioning

confidence: 67%

Section: Literature Reviewmentioning

confidence: 99%

Methodology for Calculating the Energy Security Index of the State: Taking into Account Modern Megatrends

et al. 2021

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“…Furthermore, it is systematic, which makes it suitable for interpretation of usual problems in real life, such as issues of energy security (Guest et al, 2012). Moreover, since energy security has social, political and technical components, having a systematic approach in performing research is vital (Chernyak et al, 2018;Sorrell, 2007).…”

Section: Methodsmentioning

confidence: 99%

The Outcome of Directive 2009/73/EC Amendment on EU’s Natural Gas Security

Keypour¹

2019

Baltic Journal of European Studies

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The European Commission has proposed an amendment on the Gas Directive 2009/73/EC to broaden the applicability of the Directive to all gas pipelines from/to the EU including Nord Stream 2. This research focuses on the question of whether the amendment can really boost EU’s natural gas security, by hindering Nord Stream 2. Thematic analysis has been employed as the methodology for analyzing collected data from primary and secondary sources, and relying on a legal and political analysis. The research findings show that although the amendment hinders Nord Stream 2, it also affects the operation of the existing interconnectors adversely. It also declines investors’ tendency for planned pipelines, which lowers EU’s energy security. Moreover, empowerment of the Commission in the proposed amendment curtails Member States’ plans to enhance their energy security. In addition, the security analysis of the research shows that Moscow’s ability to take advantage of its “energy weapon” is being defied because of dependence on European technology and finance, particularly under the sanction condition. Therefore, restraining Russian gas in the European market will not result in a higher level of energy security since reliable and affordable alternatives are not so available. Hence, all four elements of energy security—that is, affordability, availability, accessibility, and acceptability—are jeopardized by the proposed amendment. The current study concludes that although the amendment is expected to boost the energy security of the Union, it may now turn into a threat per se.

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“…Several authors stress an impact of the Ukrainian crisis on security, trade and particularly energy security [3]. Recently, energy security plays an important role in guaranteeing the national, political and economic security of any country [5]. Energy security at the SR level is considered as a pillar of Energy Policy as well as competitiveness and sustainability.…”

Section: Introductionmentioning

confidence: 99%

EU fossil fuel imports and changes after Ukrainian crisis

Baláž

Zábojník

Hričovský³

2020

SHS Web Conf.

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Russian-Ukrainian relations brought several challenges for the European energy security due to transportation corridors crossing the territory. Gas crisis in several CEE countries in early 2009 revealed brittle energy supplies stability of the net importers. The conflict in east Ukraine has brought new challenges for gas and oil shipments crossing the transport routes of Ukraine. Authors analyse transport corridors, presence of Nord Stream I and Nord Stream II projects as possible determinants of the importance of Ukrainian transport corridor and clarify exported volumes of fossil fuels from Russia to EU using the pipelines. The main objective of the article is to determine to what extent new transport routes for gas and oil by passing Ukraine will determine Slovak economy in the field of energy security as well as fiscal revenues. At the broader level, authors analyse potential effects for the whole EU in the field of energy security, transport costs but also CO2 footprint when using alternatives to pipelines. Article synthetises alternatives to Russian energy shipments, predominantly to CEE, and possible costs stemming from Ukrainian political changes. An added value of the article lies in analysis of the difference between commercial benefits of Russian supplies besides import dependence, regional effects and general energy policy goals fulfilment.

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Trends of International Energy Security Risk Index in European Countries

Cited by 14 publications

References 18 publications

Methodology for Calculating the Energy Security Index of the State: Taking into Account Modern Megatrends

Methodology for Calculating the Energy Security Index of the State: Taking into Account Modern Megatrends

The Outcome of Directive 2009/73/EC Amendment on EU’s Natural Gas Security

EU fossil fuel imports and changes after Ukrainian crisis

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