Examining the resilience of national energy systems: Measurements of diversity in production-based and consumption-based electricity in the globalization of trade networks
Ali Kharrazi,
Masahiro Sato,
Masaru Yarime (),
Hirofumi Nakayama,
Yadong Yu and
Steven Kraines
Energy Policy, 2015, vol. 87, issue C, 455-464
Abstract:
Energy is a critical component of achieving sustainable development. In addition to the three aspects of promoting access, renewables, and efficiency, the dimension of resilience in energy systems should also considered. The implementation of resilient energy systems requires a quantitative understanding of the socio-economic practices underlying such systems. Specifically, in line with the increasing globalization of trade, there remains a critical knowledge gap on the link between embodied energy in the production and consumption of traded goods. To bridge this knowledge gap, we investigate the resilience of global energy systems through an examination of a diversity measure of global embodied electricity trade based on multi-regional input-output (MRIO) networks. The significance of this research lies in its ability to utilize high resolution MRIO data sets in assessing the resilience of national energy systems. This research indicates that secure and responsible consumption requires the diversification of not only energy generation but also energy imports. This research will lay the ground for further research in the governance of resilience in global energy networks.
Keywords: Secure and responsible energy systems; Resilience; Production-based electricity; Consumption-based electricity; Embodied electricity import for consumption; Embodied electricity export for consumption (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (14)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:87:y:2015:i:c:p:455-464
DOI: 10.1016/j.enpol.2015.09.019
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