SECURE Project - Security of Energy Considering its Uncertainty, Risk and Economic implications

SECURE aims at building a comprehensive framework that considers all the issues related to security of supply (e.g. geopolitics, price formation and the economic and technical design of energy markets inside and outside the EU). It develops tools, methods and models to measure and assess security of energy supply for the EU, both inside and outside the Union. These tools aim at evaluating the vulnerability of the EU to the different energy supply risks and to promote the optimisation of EU energy insecurity mitigation strategies, including investment, demand side management and dialogue with producing countries. SECURE develops energy security indicators for all the major energy sources in order to identify the risk factors and quantify the EU exposure to volume and price risks in the short and long terms (e.g. the value that consumers give to supply security). Costs and benefits of energy security are evaluated for different energy demand scenarios to help policy-makers provide the most appropriate institutional, political and industrial solutions. All major energy sources and technologies (oil, natural gas, coal, nuclear, renewable sources and electricity) are addressed, from upstream to downstream with both a global and sector analysis that studies in-depth issues such as technical, economic/regulatory and geopolitical risks, and demand issues related to energy security. SECURE counts 15 partners from 11 EU or European Economic Area (EEA) countries with a diversified expertise.

SECURE is coordinated by OME.

FEEM is the scientific coordinator of the project.

Seventh Framework Programme

This website reflects only the views of the SECURE Consortium and does not represent the opinion of the European Community.
The European Community is not liable for any use that may be made of the information contained herein.