Resilience
Energy, in all its forms, is a vital commodity for societies and economies to function properly. Disruptions in energy systems have the potential to cause severe impacts, thereby limiting economic and societal development. As such, modern energy systems need to be able to withstand shocks from a wide range of sources, including natural disasters, geopolitical conflicts, and new and emerging threats related to the ongoing digitalization of energy systems.
Promoting resilience through peer reviews
The IEA conducts peer reviews of its Member countries on a regular basis. Resilience of energy networks is a key focus of these reviews, as they help to ensure that members are able to react and adapt to changing conditions. This is done by assessing their ability to identify existing or emerging risks and offering policy recommendations where appropriate.
For more information on Emergency Response Reviews, click here.
Weather and climate resilience
The energy sector faces multiple threats from climate change, in particular from extreme weather events and increasing stress on water resources. Greater resilience to climate change impacts will be essential to the technical viability of the energy sector and its ability to cost-effectively meet the rising energy demands driven by global economic and population growth.
The inter-dependencies between energy and water are set to intensify in the coming years. Water is essential for all phases of energy generation, from production of fossil fuels and biofuels to power plant operation. Managing energy-water linkages is and will continue to be pivotal to the prospects for successful realisation of a range of development and climate goals.
Read more in the 2016 World Energy Outlook: Water-Energy Nexus (exerpt) and the Energy, Climate Change & Environment: 2016 Insights.
Digital resilience
In 2017, the IEA turned its focus to the impact of digitalisation on the energy sector. Energy systems around the world are becoming more interconnected and intelligent. This expansion brings many opportunities, but also new challenges as suppliers and governments seek to ensure the security of these systems. To date, cyber-related disruptions to the energy sector have been relatively minor; however, cyber-attacks are becoming more common, and the issue will only become more important as greater volumes of data are exchanged or stored on servers and with the increasingly rapid development of connected devices.
Read more in the report ‘Digitalisation and Energy 2017’
Our work on Energy security
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Oil Security
One of the IEA's core activities is ensuring the security of oil supplies by setting oil stockholding requirements for member countries and coordinating the international response to supply shocks -
Natural Gas Security
Gas security challenges are evolving. The current period of gas oversupply – driven by overcapacity in the LNG market – should not overshadow the critical importance of global gas security -
Electricity Security
In May 2015, the Group of Seven (G7) Energy Ministers asked the IEA to help determine the best means of improving electricity security, including through increasing system flexibility -
Member and Key Partner Emergency Policies
Since its founding in 1974, oil supply security has been a core mission of the International Energy Agency -
Resilience
The energy sector has to withstand demand or supply shocks in global energy markets, natural disasters, explosions or cyberattacks and other extreme events -
Emergency Response
In the event of an actual or potentially severe oil supply disruption, the IEA Secretariat first assesses its market impact and the need for an IEA co-ordinated response
Recent reports
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Energy Security in Asean+6
Covers the key energy sectors of oil, natural gas and electricity and identifies the main energy security issues -
Saving oil in a hurry 2018
Provides actionable recommendations to reduce oil demand during oil supply disruption -
Costs and benefits of emergency stockholding
assesses net benefits from holding emergency oil stocks
News
- Oil Market Report: Pausing to reflect
15 November 2019 - Oil Market Report: Back to business as usual
11 October 2019 - IEA statement on situation in Saudi Arabia
14 September 2019
Events & workshops
Oct25
PublicationWEO Special Report: Producer EconomiesLondon, UK
Jun20
WorkshopSystems Integration Side Event Yokohama, Japan
Feb7
Webinar: Digitalization & EnergyParis, France