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The document defines energy security as a reliable, stable, and sustainable energy supply at affordable prices and social costs. It highlights China as a critical example of the global energy landscape, noting its heavy reliance on coal and ongoing efforts to reform pricing and tackle pollution. Additionally, the Global Agenda Council on Energy Security identifies inefficiencies in global policies for sustainable energy technologies, noting that subsidies often favor the deployment of mature technologies over research, development, and innovation.

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  • China's energy sector is characterized by high coal dependency, with coal making up 70% of the primary energy mix and 80% of electricity production. The market has historically been state-controlled, leading to pricing that does not reflect production costs and a prioritization of demand over environmental sustainability, though reforms are now being implemented to address pricing and pollution.
  • Global policies intended to support environmentally sustainable energy technologies are viewed as economically unsustainable and inefficient in advancing technology. Issues include large-scale bankruptcies in the renewable equipment industry, subsidy cuts affecting retrofitting, and grid integration challenges. Furthermore, funding is disproportionately directed toward deploying mature technologies rather than innovation and R&D.

Cite the original document

APA
World Economic Forum (n.d.). Understanding/Context Energy security. http://www3.weforum.org/docs/GAC/2013/Connect/WEF_GAC_Energy_Security_2012-2014_Connect.pdf
Chicago
World Economic Forum. Understanding/Context Energy security. n.d. http://www3.weforum.org/docs/GAC/2013/Connect/WEF_GAC_Energy_Security_2012-2014_Connect.pdf.
Wikipedia
{{cite report |author=World Economic Forum |title=Understanding/Context Energy security |url=http://www3.weforum.org/docs/GAC/2013/Connect/WEF_GAC_Energy_Security_2012-2014_Connect.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}
BibTeX
@techreport{worldeconomicforumndunderstandingcontext, author = {{World Economic Forum}}, title = {{Understanding/Context Energy security}}, institution = {World Economic Forum}, url = {http://www3.weforum.org/docs/GAC/2013/Connect/WEF_GAC_Energy_Security_2012-2014_Connect.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }

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