| ID | 022414 |
| Title Proper | Threat within |
| Other Title Information | Deregulation and energy security |
| Language | ENG |
| Author | Buchan, David |
| Publication | 2002. |
| Description | 105-115 |
| Summary / Abstract (Note) | Energy security has traditionally been understood in terms of import dependence on foreign oil, and the threats to supply from war, instability or political embargos mounted by foreign suppliers. But there is also a risk closer to home. The move towards liberalised energy markets in Europe, the US and, to some extent, Asia could undermine both the long-term contracts which have underpinned the funding of big, long-distance gas pipelines, and the building of new nuclear power plants and renewable energy generators. Both are needed to meet the growing environmental requirement for carbon-free energy. Liberalisation does not, or should not, mean an end to all regulation by governments. The latter still have a role in setting the energy mix of their economies, maintaining and extending energy networks and grids, and ensuring adequate energy reserves. Governments need to take account of the impact that deregulation may have, particularly in Europe, on gas stocks at home and on price margins of producers abroad. |
| `In' analytical Note | Survival Vol. 44, No. 3; Autumn 2002: p105-115 |
| Journal Source | Survival Vol: 44 No 3 |
| Key Words | Energy ; Energy Security ; Oil |