Source: www.energias-renovables.com
Volatility and abrupt increases in oil and gas prices are currently the main economic risk factors in relation to energy security in Spain, as evidenced by the latest report of the Economics for Energy Research Center, in which measures are proposed to reverse the situation. The main one, progress significantly in the decarbonization of energy.
Thus, the directors of Economics for Energy indicate that energy policy should pay much more attention to the variability of prices than to the probability of a lack of supply, which is what it is focused on now.
But the report's main recommendation is "to make significant progress in policies that increase the flexibility of energy consumption and the economy and reduce dependence on fuel with volatile prices." For which it is necessary to promote the use of renewable energies, stimulate energy saving, increase supply options and flexibilize demand as much as possible. All this while maintaining, at the same time, the low risk of lack of supply that exists today.
Further information:
Energy security in Spain. Economic analysis and proposals for action