CSD Policy Brief No. 40, Bulgaria's Energy Security Risk Index:
Gespeichert in:
Format: | Elektronisch E-Book |
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Sprache: | English |
Veröffentlicht: |
Sofia [Bulgaria]
Centăr za izsledvane na demokracijata
2013
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Schlagworte: | |
Online-Zugang: | BSB01 |
Beschreibung: | MAIN POINTS ››› Energy security is of critical importance to Bulgaria. The biggest identified threat to Bulgarian national security is poverty, and in particular energy poverty. Bulgaria's non-transparent energy sector seriously undermines the country's economic development. Establishing regular sound monitoring mechanisms on energy security could be key for adequate policy-making in the area. ››› The Index of U.S. Energy Security Risk Indicator (IESRI), developed in 2012 by the Institute for 21st Century Energy at the American Chamber of Commerce shows that since 1980, Bulgaria has had one of the worst energy security risk index scores both nominally and compared to the OECD averages. Its scores over the period averaged about 158% higher than those for the OECD. ››› Bulgaria's energy security risk index increased since 2010. This recent deterioration relative to OECD averages is based on the energy expenditure volatility of the Bulgarian economy that according to IESRI has increased more than 10 times in the last 3 years (since 2009), reaching in 2012 one of the highest levels since 1980). ››› Among the main risk factors to Bulgaria's energy security is its high dependence on fossil fuels import, in particular in the gas sector. The very high concentration of the Bulgarian gas market (monopoly of supply and distribution) provides ample opportunities for rent-seeking. Bulgaria's involvement in various national, smaller regional, and large international projects can reduce the risks to its energy security if it is based on clear-cut prioritization of preferred options following sound and transparent cost-benefit analysis |
Beschreibung: | 1 Online-Ressource(1 p. 12) |
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language | English |
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spelling | CSD Policy Brief No. 40, Bulgaria's Energy Security Risk Index Author Not Specified Sofia [Bulgaria] Centăr za izsledvane na demokracijata 2013 Frankfurt M. CEEOL 2013 1 Online-Ressource(1 p. 12) txt rdacontent c rdamedia cr rdacarrier MAIN POINTS ››› Energy security is of critical importance to Bulgaria. The biggest identified threat to Bulgarian national security is poverty, and in particular energy poverty. Bulgaria's non-transparent energy sector seriously undermines the country's economic development. Establishing regular sound monitoring mechanisms on energy security could be key for adequate policy-making in the area. ››› The Index of U.S. Energy Security Risk Indicator (IESRI), developed in 2012 by the Institute for 21st Century Energy at the American Chamber of Commerce shows that since 1980, Bulgaria has had one of the worst energy security risk index scores both nominally and compared to the OECD averages. Its scores over the period averaged about 158% higher than those for the OECD. ››› Bulgaria's energy security risk index increased since 2010. This recent deterioration relative to OECD averages is based on the energy expenditure volatility of the Bulgarian economy that according to IESRI has increased more than 10 times in the last 3 years (since 2009), reaching in 2012 one of the highest levels since 1980). ››› Among the main risk factors to Bulgaria's energy security is its high dependence on fossil fuels import, in particular in the gas sector. The very high concentration of the Bulgarian gas market (monopoly of supply and distribution) provides ample opportunities for rent-seeking. Bulgaria's involvement in various national, smaller regional, and large international projects can reduce the risks to its energy security if it is based on clear-cut prioritization of preferred options following sound and transparent cost-benefit analysis Energy and Environmental Studies Environmental and Energy policy |
spellingShingle | CSD Policy Brief No. 40, Bulgaria's Energy Security Risk Index Energy and Environmental Studies Environmental and Energy policy |
title | CSD Policy Brief No. 40, Bulgaria's Energy Security Risk Index |
title_auth | CSD Policy Brief No. 40, Bulgaria's Energy Security Risk Index |
title_exact_search | CSD Policy Brief No. 40, Bulgaria's Energy Security Risk Index |
title_exact_search_txtP | CSD Policy Brief No. 40, Bulgaria's Energy Security Risk Index |
title_full | CSD Policy Brief No. 40, Bulgaria's Energy Security Risk Index Author Not Specified |
title_fullStr | CSD Policy Brief No. 40, Bulgaria's Energy Security Risk Index Author Not Specified |
title_full_unstemmed | CSD Policy Brief No. 40, Bulgaria's Energy Security Risk Index Author Not Specified |
title_short | CSD Policy Brief No. 40, Bulgaria's Energy Security Risk Index |
title_sort | csd policy brief no 40 bulgaria s energy security risk index |
topic | Energy and Environmental Studies Environmental and Energy policy |
topic_facet | Energy and Environmental Studies Environmental and Energy policy |