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XXI International May Conference on Strategic Management – IMCSM25 Proceedings
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Energy transition, energy strategies, global energy security and potential risks
(The title is not available in English)
RB "Kolubara" d.o.o., Lazarevac

emaildrslobodanr@gmail.com
Keywords: energy transition; energy strategies; energy security; mining; global risks
Abstract
(not available in English)
For a long time, the energy transition has been a central topic in global policy discussions across the world's various energy systems. The energy transition refers to the shift from traditional energy sources (such as oil, coal, and gas) to renewable sources (like solar, wind, and hydropower). This process is further supported by existing international agreements. Many countries are developing their own strategies and plans to meet energy-related objectives. However, the differing approaches to energy policy often lead to global disagreements, as countries have varying interests regarding resources, energy security, and climate obligations. Global energy security is emerging as a significant challenge in the international context. Rising energy demand, geopolitical tensions, market volatility, and the vulnerability of energy systems are putting immense pressure on global stability. Potential risks associated with the energy transition include an unequal distribution of resources and technologies between developed and developing nations, which could exacerbate global social and economic inequalities. Furthermore, a rapid transition to renewable energy without adequate infrastructure may lead to energy supply instability, higher prices, and potential social unrest. In addition, the security of emerging technologies-such as smart grids and the digitalization of energy systems-raises new concerns about data protection and cybersecurity. While the energy transition is essential for achieving global sustainability goals, it presents significant challenges that require careful management and international collaboration. Developed energy strategies must strike a balance between energy security, environmental objectives, and economic interests, while also minimizing the risks that come with transitioning to new energy sources. This balance forms the foundation for the analysis of the issues addressed in this paper.

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article language: engleski
document type: originalan članak
DOI: 10.5937/IMCSM25183R
published in Portal: 23.05.2025.
Creative Commons License 4.0

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