Energy, economy and development (EED) triangle: Concerns for India

Energy, economy and development (EED) triangle: Concerns for India

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Article ID: iaor20116385
Volume: 39
Issue: 8
Start Page Number: 4651
End Page Number: 4655
Publication Date: Aug 2011
Journal: Energy Policy
Authors: ,
Keywords: economics, developing countries, security
Abstract:

In this paper we discuss issues involving energy security with economic growth and development that brings out (i) the dimension of physical security alternative, (ii) framework for a pan South East Asian platform to support energy security and (iii) requirement of promoting regional energy cooperation and specific energy peace initiatives. Sustaining projected economic growth rate coupled with energy security in future is a concern for all developing countries like India. The energy security of these nations is threatened by the disruption of energy supplies by ongoing energy terrorism and geopolitical conflicts in the region. India's geo‐strategic position and increasing energy dependence raises concerns for its energy security. We discuss energy security, examine factors and approaches to attempt the energy security in the light of economic growth and development.

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