Romania no.7 in energy security

The World Energy Council (WEC), in cooperation with the Marsh & McLennan group, recently came out with its World Energy Trilemma Index 2017 which covers 125 countries.

The World Energy Council’s Energy Trilemma Index tool, produced in partnership with Oliver Wyman, ranks countries on their ability to provide sustainable energy through three dimensions: Energy security, Energy equity (accessibility and affordability), Environmental sustainability. The ranking measures overall performance in achieving a sustainable mix of policies and the balance score highlights how well a country manages the trade-offs of the Trilemma with ‘A’ being the best. The three criteria make up what WEC calls a trilemma – “the basis for prosperity and competitiveness of individual countries”.

Romania, with an ABA balance score, was ranked 25th overall, ranking 7th in the sub index of energy security and 64th in energy equity, the latter referring to whether energy was affordable and accessible to consumers. In terms of environmental sustainability in energy resources Romania was ranked 23rd.

21 of the top 25 countries in the index are European, exceptions being New Zealand (9th), United States (15th), Canada (21st) and Singapore (22nd).

Denmark was no. 1 followed by Sweden, Switzerland, Netherlands, United Kingdom, Germany, Norway and France. Romania completed the list at no. 25.

Back to top button