Outlook 2025: Energy access, military considerations and regional security
The traditional concept of the energy trilemma is insufficient to understand how energy and politics really work
Economic theorists would contend that any energy supply strategy comprises considerations that make up the well-espoused energy trilemma. In this well-publicised idea, energy security, affordability and sustainability are the considerations that must be cautiously balanced to achieve social and economic stability while concurrently pursuing a cleaner environment. The level of focus on each element of the trilemma shifts as global macro conditions change from time to time. But is this the trilemma that really underpins how our world works? Perhaps, there are other tangential forces at play that impact decision-making at the control centres of global geopolitics? Oil and military security In 1
Also in this section
16 January 2025
Oil industry has potential for revitalisation despite political uncertainty and damage to infrastructure
16 January 2025
The government’s resource nationalism is aggravating the NOC’s debt position and could yet worsen if also tasked with the decarbonisation shift
16 January 2025
While the global energy transition is essential for reaching net zero, it is equally important that less-developed countries are allowed to realise the benefits of their hydrocarbon resources
16 January 2025
The EU should turn the page on its prescriptive approach and encourage innovation and competition, with biofuels and biogas being an essential part of the conversation