Handbook of Governance and Security
Show Less

Handbook of Governance and Security

Edited by James Sperling

The Handbook of Governance and Security examines the conceptual evolution of security governance and the different manifestations of regional security governance. In particular, James Sperling brings together unique contributions from leading scholars to explore the role of institutions that have emerged as critical suppliers of security governance and the ever-widening set of security issues that can be viewed profitably through a governance lens.
Buy Book in Print
Show Summary Details
You do not have access to this content

Chapter 19: Energy

Gawdat Bahgat


Energy is the lifeblood of civilization. Both as individuals and nation states we depend heavily on energy. In almost everything we do, we rely on one or several sources of energy. Many people and governments once took the secure availability of energy sources for granted. Our deepening reliance on energy and the rise of a combination of geopolitical, geological and environmental challenges have cast doubt on this assumption that energy will always be there. Little wonder that energy security has become a major concern for almost all countries in the world. In recent years, policymakers and scholars have examined different aspects of energy security. These include production, consumption, reserves, refining, shipping and investment among others. Indeed, the last few decades have witnessed a proliferation of political and academic conferences, industry journals and books on energy security. Each side has sought to promote its interests with little ground for neutrality and objectiveness. A major characteristic of energy is the mismatch between resources and demand. Generally speaking, major consuming regions and nations (the United States, Europe, Japan, China and India) do not hold adequate indigenous energy resources to meet their large and growing consumption. On the other hand, major producers (that is, the Middle East, Russia, the Caspian Sea and Africa) consume a small (albeit growing) proportion of their energy resources. This broad global mismatch between consumption and production has made energy products the world’s largest traded commodities.

You are not authenticated to view the full text of this chapter or article.

Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.

Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.

Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.

Further information

or login to access all content.