GLOBALIZATION AND THE NEW ENERGY CHALLENGES

Preda (Andreescu) Mihaela ()
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Preda (Andreescu) Mihaela: Academy of Economic Studies - Bucharest, Romania, Faculty of International Business and Economics

Annals of Faculty of Economics, 2008, vol. 1, issue 1, 170-176

Abstract: A New Global Energy Economy is emerging, in which energy demand and supply issues will make regions of the world much more dependent upon each other. International extensive energetic interdependence on energy resources and networks grows in the global economy. Some $22 trillion of investment in supply infrastructure is needed to meet projected global demand until 2030. Mobilising all this investment will be challenging. Adherence to these policies will ensure that the global energy investments materializes, the necessary infrastructure is built, and the lengthening worldwide energy supply chain operates in security. Strong global energy policy is needed to move the world into a more sustainable energy path.

Keywords: energy security; extensive energetic interdependency; global energy consumption; supply infrastructure (search for similar items in EconPapers)
JEL-codes: F02 F23 Q43 (search for similar items in EconPapers)
Date: 2008
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Citations: View citations in EconPapers (1)

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