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Energy Terrorism. Security of Energy in Romania and European Union. NATO’s Role in Security of Energy. Endogenous and Exogenous Influencing Factors

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  • Constantin Georgescu

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Abstract

Energy security is defined as how energy supply, adequate and stable prices through critical infrastructure protection, helping to sustain and enhance economic performance. In recent years several developments testify to the importance of energy security: Europe's increasing dependence on oil and gas; need for increasingly higher energy rising powers like China and India; depletion of fossil fuels, which are estimated to begin in the middle of this century; a discussion of increasingly intense on climate change; a renewed interest of many countries to use nuclear energy for civilian purposes. Other additional factors include armed threats to the energy supply (terrorist or piracy) and political instability in many countries producing energy, including attempts of some of these countries to use energy supplies as a political weapon.

Suggested Citation

  • Constantin Georgescu, 2015. "Energy Terrorism. Security of Energy in Romania and European Union. NATO’s Role in Security of Energy. Endogenous and Exogenous Influencing Factors," Knowledge Horizons - Economics, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 7(2), pages 172-175, June.
  • Handle: RePEc:khe:journl:v:7:y:2015:i:2:p:172-175
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