REFRESHING GLOBAL ENERGY SECURITY POLICY AND INFRASTRUCTURE FOR THE ENERGY TRANSITION

Payne Institute Director Morgan Bazilian was a collaborator on the T20 Saudi Arabia 2020 THINK policy briefing Refreshing Global Energy Security Policy and the Infrastructure for the Energy Transition for the G20.  The Group of 20 (G20) members have discussed energy security for many years, and now have an opportunity to modernize and redefine global, regional, and national energy security frameworks to align with the transition to a lower-carbon energy system. Member countries should take steps to ensure that emerging vulnerabilities stemming from the rapid growth of new energy forms can be understood and managed both collectively and within their specific contexts. As all energy sectors transition, collective efforts toward energy security can progress by (i) developing a timely, transparent, and objective approach to data gathering and dissemination for the production, consumption, and trade of new energy forms and key mineral inputs; (ii) establishing an expert international advisory panel to the G20 on the topic of energy security in the context of energy transitions; and (iii) launching an effort on forward-looking energy security policy.  October 6, 2020.