Using The Energy Trilemma Index to assess energy security

Relationship between Countries’ Energy Indicators and the Indices of GVC Participation: The Case of APEC Member Economies

“…Nevertheless, several studies concerning energy sustainability and value chains are of particular interest. First of all, the Energy Trilemma Index suggested by Mastepanov and Chigarev (2020) is of great importance in assessing the sustainability of national energy policy and the development of safe, equally accessible, affordable, and environmentally sustainable energy [33]. Another interesting study was conducted by Palekhov and Palekhova (2018) who clarified the specific features of the modern concept of energy efficiency, which is based on three core dimensions-energy security, energy equity, and environmental sustainability.…”

“…Energy security assesses a country's ability to meet current and future energy demand, and withstand and recover quickly from systemic shocks with minimal supply disruptions. This parameter takes into account the efficiency of internal and external energy sources management, as well as the reliability and sustainability of the energy infrastructure [33].…”

“…Energy equality makes it possible to assess a country's ability to provide universal access to reliable, fairly priced, and abundant energy resources for domestic and commercial use. This parameter takes into account basic access to electricity and environmentally friendly fuels and technologies for cooking, access to energy consumption that ensure prosperity, as well as the availability of electricity, gas, and fuel [33].…”

“…Environmental sustainability of energy systems shows the possible transition of the country's energy system to reduce and prevent potential environmental damage and the consequences of climate change. This parameter takes into account the productivity and efficiency of energy production, transmission and distribution, decarbonization, and atmospheric pollution [33].…”