The Energy Sector is comprised of many assets such as oil, electricity, and natural gas. These assets are scattered geographically and are connected by networks and systems.
To keep protecting and improving on the versatility of the Energy Sector is a continuous effort, despite all the manmade and natural disasters, that requires planning, vigilance, and training.
Energy Security is a term that is defined as a country’s capacity to provide affordable, consistent, and sufficient energy requirements for all of its industrial, domestic, military, and transport necessities. This comes through as security and implies that the country’s current and future energy needs have a promising likelihood of being met, regardless of the financial and political drawbacks.
Knowing the fact that energy request covers numerous types of energy — oil for transport, gas for cooking and daily needs, power for — different requirements, then, at that point, an energy-secure state refers to having an accessible admittance to several energy sources.
How to reach the desired energy security?
Following measures have been adopted by many countries:
Taking advantage of their own resources. This can be done to accomplish as near full independence as could be expected. Norway has a population in excess of 5 million individuals, and it can reach up to the required energy mark by 96% with the help of its HEP resources and offshore oil and gas fields.
By bringing in energy from consistent and reliable provider countries. USA and Canada form the biggest incorporated energy network in the world. Canada exports gas and oil in bulk to the USA and the USA exports coals to Canada. These two countries provide electricity to each other in various regions.
Energy is taken in from a wide range of providers. The main providers can be changed rather easily and switched to alternative sources when one energy maker becomes undesirable because of supply, cost, or other factors. Japan imports Liquid Natural Gas (LNG) from over five nations going from the USA (3%) to Indonesia (51%) due to lack of its energy resources.
Cycling between internal and external(imports) energy resources. The oil and gas imports from the Middle East and South America over the recent 20 years have been diminished by the USA as it is taking advantage of its own onshore shale gas through a questionable cycle known as water-driven cracking or ‘deep earth drilling’.
Reducing domestic demand for energy. Expanding protection of homes and empowering more prominent use of cycles instead of vehicles or by sponsoring sunlight-based chargers for business rooftops and houses will try to lessen the need of depending on different nations for energy imports.