Variety is Not Enough. Why Can Diversification No Longer Guarantee Energy Security?

Payne Institute Fellow Andrei Covatariu and Director Morgan Bazilian write about how energy has, once again, been discussed less as a commodity and more as a component of industrial and geopolitical power. In this environment, the meaning of energy security extends beyond fuel diversification to encompass broader questions of economic resilience and systemic stability.  February 20, 2026.