(RIEAS Senior Analyst)
Copyright: @ 2021 Research Institute for European and American Studies (www.rieas.gr) – Published on 5 April 2021.
Note: The article reflects the opinion of the author and not necessarily the views of the Research Institute for European and American Studies (RIEAS)
For any economy to grow, prosper and sustain, energy is significant. Energy security has three facets though different in their approaches yet vital to overall grading it quantitatively and qualitatively, these facets focus on the acceptability of resources, sustainability of supply and the affordability of the resources. Energy goods will undoubtedly continue to play a role in sustaining and enhancing our way of life. By controlling energy resources, the country can also consolidate its own security and strengthen the potential for self-sufficiency, helping them lessen the country's vulnerability and dependence on other countries' energy resources...Read more