The Economics and Finance of Energy Security

In the XXI century, the access to energy depends on a complex system of global markets, vast cross-border infrastructure networks, a small group of primary energy suppliers and financial and technological markets interdependencies. This is the context in which energy security has become a very important point on security policy's agenda of governments around the world, and the term “energy security” gained importance in the energy lexicon. This paper will analyze the economic component of energy security, its purpose being to examine the concept of energy security from an economical and financial point of view.