The Future of Energy Security through a Global Restructuring

Girijesh Pant
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Girijesh Pant: Girijesh Pant is Vice Chancellor, Doon University, Dehradun, India.

South Asian Survey, 2010, vol. 17, issue 1, 31-43

Abstract: The base and superstructure of the present energy regime are becoming unsustainable. With billions joining the energy market, supplies have to expand exponentially. The expansion of energy supplies from new sources becomes the necessary condition for global energy security. The scale of expansion required to construct a new global energy mix can only be accomplished through a global approach. It is a global question because the concerned stakeholders are located in different regions consisting of different globalising economies. Increasing integration and interdependence among the energy suppliers and consumers, and the location of the energy industry in the globalising market, has necessitated the redefinition of energy security both at the conceptual and policy level. The future of energy security has to be defined in terms of global energy systems and regime. A global restructuring of energy system would inevitably assume global engagement, global partnership and global norms and institutions.

Keywords: Energy security; globalisation; global norms; integration; interdependence (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:sae:soasur:v:17:y:2010:i:1:p:31-43

DOI: 10.1177/097152311001700104

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