Energy Security, Economic Development an Stable States

Energy Security, Economic Development and Stable States Growing demand for energy in both developed and developing economies lead to a rush for at the same time deminishing fossile energy resources. Around two third of the global fossile energy resources are located in the geographic arche of instability from Northern africa over the Middle East to Central Asia. Developing countries on the demand side like China and India will never be able to satisfy a per capita energy consumption of their people comparable to the West, if they are referred to fossile energy suppplies only. Within a short time of 1‐2 years they will overtake the US as global leader in energy consumption. Like in many Western economies energy is the driver of the economic growth in China, too; the fragile political government of the party is extraordinarily dependent from the growth to stabilize the state. That makes China desperately running for oil, whereever available, in particular in Africa. The exploding energy demand of developing countries supports, thus, the political stabilization of Petro‐Dollar‐states, like in Africa. Such a policy severely undermines attempts of the West to urge African governments to more transparency and democratical reform. Global terrorism is threatening increasingly production and transport infrastructure security, given the instability of the production and transit countries. Private Western energy companies have to compete with mainly State owned organization that form the overwhelming majority of the global energy sector. Have the rules of free trade and free market their limits, if it is about energy security? How can the risks for the international stability and security best be addressed? Are energy efficiency and renewable energies alternatives that could in the far future compensate for the growing energy demands of the developed and developing countries? To ensure sufficient and reliable sources of energy, support sustainable economic development, and decrease the potential for fragile or failed states, energy policies in both producing and consuming countries need to be addressed in a more cooperative and comprehensive manner. How could an architecture for a global energy cooperation look like, that supports economic growth, improves political stability, and garanties national security? The focus of this panel will be to: • Evaluate energy needs of developed and emerging economies; • Address the energy and economic development challenges of some of the poorest populations in developing countries – both the consumers and producers of energy; • Assess energy infrastructure needs and political instabilities, natural disasters and other threats to energy supply.