Munich Personal RePEc Archive

Security Aspects of “Geoenergeia” and the Significance of Energy Resources Management in International Politics

Vidakis, Ioannis and Baltos, Georgios (2015): Security Aspects of “Geoenergeia” and the Significance of Energy Resources Management in International Politics. Published in: Geopolitics of Energy , Vol. 37, No. 3 (10 April 2015): pp. 2-16.

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Abstract

This paper builds on the tools of geopolitics and geo-economics for analyzing energy resource networks and energy security. To prioritize the role that energy resources play in the interpretation of and decision making in international politics, it proposes the introduction of the Greek language-inspired term “geoenergeia” and a derivative methodology. Unprecedented fluctuations in fuel prices during recent decades and intensifying turmoil in the energy market are all indisputable phenomena that generate further questions. In the geoenergeia point of view, two criteria argue for the prioritization of energy over politics and economy: the appearance of new technologies and the scarcity of energy resources. Due to the high stakes of energy security, governments and businesses are required to cope with rivalries as well as partnerships on a national, multinational, and global scale. Before highlighting the critical nature of energy security issues, this article will describe, through historical case studies, the general framework of energy logistics. Next, we will assess the interaction between strategic decisions and energy resources management, which are connected to numerable, public and private stakeholders’ policy making.

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