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Aleh Cherp

Professor, Coordinator of the MESPOM Consortium

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Global energy security under different climate policies, GDP growth rates and fossil resource availabilities

Author

  • Aleh Cherp
  • Jessica Jewell
  • Vadim Vinichenko
  • Nico Bauer
  • Enrica de Cian

Summary, in English

Energy security is one of the main drivers of energy policies. Understanding energy security implications of long-term scenarios is crucial for informed policy making, especially with respect to transformations of energy systems required to stabilize climate change. This paper evaluates energy security under several global energy scenarios, modeled in the REMIND and WITCH integrated assessment models. The paper examines the effects of long-term climate policies on energy security under different assumptions about GDP growth and fossil fuel availability. It uses a systematic energy security assessment frame- work and a set of global and regional indicators for risks associated with energy trade and resilience associated with diversity of energy options. The analysis shows that climate policies significantly reduce the risks and increase the resilience of energy systems in the first half of the century. Climate policies also make energy supply, energy mix, and energy trade less dependent upon assumptions of fossil resource availability and GDP growth, and thus more predictable than in the baseline scenarios.

Department/s

  • The International Institute for Industrial Environmental Economics

Publishing year

2013

Language

English

Publication/Series

Climatic Change

Volume

121

Issue

1

Document type

Journal article

Publisher

Springer

Topic

  • Social Sciences Interdisciplinary

Keywords

  • energy security
  • decarbonization scenarios

Status

Published

ISBN/ISSN/Other

  • ISSN: 0165-0009