Co-Benefits on the interface between energy security and ambitious climate policy
report
Energy security is a broad term to describe a condition of uninterrupted energy supply, and it is so directly linked to economic progress and development, that disturbances can quickly lead to social discontent and economic stagnation. This paper takes a closer look at energy security and how it relates to ambitious climate policy. It aims to help the reader think more clearly about energy security as a co-benefit in the context of increasing climate ambition. Optimising these co-benefits involves finding the right balance between different aspects of energy security, and between energy security and other development priorities. In addition to prevailing energy-related challenges individual governments face, the world as a whole is experiencing a serious climate crisis. Under the Paris Agreement, all countries have signed up to submitting updated Nationally Determined Contributions (NDCs) every five years starting in 2020; these updates should ‘represent[s] a progression’ and ‘reflect[s] the highest possible ambition’. There is a direct and obvious link between climate policy and energy security: more ambitious NDC targets require a faster transition away from fossil fuels and thus stricter climate and energy policies. Under pressure of ambitious climate targets, the focus is shifting from securing oil imports to managing large power grids.
Topics
TNO Identifier
884982
Publisher
TNO
Collation
33 p.