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Globalization And The New Energy Challenges

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  • Preda (Andreescu) Mihaela

    (Academy of Economic Studies - Bucharest, Romania, Faculty of International Business and Economics)

Abstract

A New Global Energy Economy is emerging, in which energy demand and supply issues will make regions of the world much more dependent upon each other. International extensive energetic interdependence on energy resources and networks grows in the global economy. Some $22 trillion of investment in supply infrastructure is needed to meet projected global demand until 2030. Mobilising all this investment will be challenging. Adherence to these policies will ensure that the global energy investments materializes, the necessary infrastructure is built, and the lengthening worldwide energy supply chain operates in security. Strong global energy policy is needed to move the world into a more sustainable energy path.

Suggested Citation

  • Preda (Andreescu) Mihaela, 2008. "Globalization And The New Energy Challenges," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 170-176, May.
    • Handle: RePEc:ora:journl:v:1:y:2008:i:1:p:170-176
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    File URL: http://steconomice.uoradea.ro/anale/volume/2008/v1-international-business-and-european-integration/031.pdf
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    References listed on IDEAS

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    1. Andris Piebalgs, 2006. "Green paper: A European strategy for sustainable, competitive and secure energy," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 7(02), pages 8-20, July.
    2. Cho Khong, 2006. "Resources and energy security," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 7(02), pages 32-37, July.
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    Cited by:

    1. Anju Lis Kurian & C. Vinodan, 2013. "Energy Security: A Multivariate Analysis of Emerging Trends and Implications for South Asia," India Quarterly: A Journal of International Affairs, , vol. 69(4), pages 383-400, December.

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    More about this item

    Keywords

    energy security; extensive energetic interdependency; global energy consumption; supply infrastructure;
    All these keywords.

    JEL classification:

    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • F02 - International Economics - - General - - - International Economic Order and Integration
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy

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