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A New Formula to Quantify the National Energy Security of the World s Top Ten Most Populous Nations

Author

Listed:
  • Adinda Franky Nelwan

    (Electric Power and Energy Studies, Department of Electrical Engineering, Faculty of Engineering, Universitas Indonesia, Depok, Indonesia)

  • Rinaldy Dalimi

    (Electric Power and Energy Studies, Department of Electrical Engineering, Faculty of Engineering, Universitas Indonesia, Depok, Indonesia)

  • Chairul Hudaya

    (Electric Power and Energy Studies, Department of Electrical Engineering, Faculty of Engineering, Universitas Indonesia, Depok, Indonesia)

Abstract

Quantification of global sustainable energy security (ES) becomes urgent, but the concepts of ES are still not clear. Thus, this paper is originated from philosophical ES studies, in which the various concepts came from the differences in determining the observed multi-matters (energy, equipment, human, and ecosystem: EPME) and point of view to see the EPME. Therefore, this research is aimed at measuring the EPME variables, producing ES material quantities (Qes). Qes is derived after a 4-stage unification and is defined in a formula. The formula is then applied to calculate the top ten populous nations in the world from 1990 to 2015. Based on the top Qes values, the rankings are Russia (Fed.), USA, Japan, Brazil, China, Indonesia, India, Nigeria, Pakistan, and Bangladesh. The results also highlighted the Qes disparities between nations. A relationship between Qes and National Power Indicator (NPI) was also explored, indicating the ES saturation in the USA and Japan; and the macro energy-policy instability phenomenon in Nigeria. In addition, a comparison of Qes ranking to those of other scholars results was presented. Finally, the macro sustainable energy policy implication is also highlighted.

Suggested Citation

  • Adinda Franky Nelwan & Rinaldy Dalimi & Chairul Hudaya, 2021. "A New Formula to Quantify the National Energy Security of the World s Top Ten Most Populous Nations," International Journal of Energy Economics and Policy, Econjournals, vol. 11(1), pages 394-406.
    • Handle: RePEc:eco:journ2:2021-01-47
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    More about this item

    Keywords

    National Energy Security; Quantification Formula; National Power; Sustainable Energy Policy;
    All these keywords.

    JEL classification:

    • A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines
    • C43 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Index Numbers and Aggregation
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy

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