Energy Security Dilemma in OECD Countries: The COVID-19 Pandemic, Russia-Ukraine War, and Energy Issues

Abstract

The pursuit of sustainability, initiated by the United Nations' adoption of the 2030 Sustainable Development Goals, has prompted developed and developing countries to adopt alternative policies. To address energy security concerns, countries have begun implementing strategies and practices to reduce carbon emissions and limit the use of environmentally harmful energy sources. However, unexpected crises like the COVID-19 pandemic and the Russia-Ukraine conflict have brought energy availability to the forefront as a major challenge. This study aims to examine the issue of energy security in the context of these two crises. By utilizing OECD indicators and current reports, the study will provide an overview of the energy security dilemma.

Key Terms in this Chapter

2030 SDGs: A guide including 17 main goals to be achieved by 2030.

Energy Security: Ensuring sustainable energy policies (including affordable, access and clean energy policies) in general.

COVID-19 Pandemic: A pandemic which is introduced by the World Health Organization in 2020.