L5 - What Is Energy Security & Insecurity? Flashcards
1
Q
What are the main reasons for increased energy consumption?
A
- Higher standards of living
- Growing population
- More technology
- More manufacturing and factories
2
Q
What does it mean to be energy secure?
A
When supply and production of energy meets or exceeds demand then a country has an energy surplus
3
Q
What does it mean to be energy insecure?
A
If demand is greater than supply a country has energy deficit/shortage