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National Interests: Priorities and Security
 

Strategic threats to energy security as risks of quality of people's life

Vol. 16, Iss. 4, APRIL 2020

Received: 12 December 2019

Received in revised form: 30 December 2019

Accepted: 20 January 2020

Available online: 15 April 2020

Subject Heading: ENERGY SECURITY

JEL Classification: Q43, Q47

Pages: 730–744

https://doi.org/10.24891/ni.16.4.730

Loktionov V.I. Melentiev Energy Systems Institute of Siberian Branch of Russian Academy of Sciences (ESI SB RAS), Irkutsk, Russian Federation
vadlok@mail.ru

https://orcid.org/0000-0001-8478-3222

Subject. The article reviews the way strategic threats to energy security influence the quality of people's life.
Objectives. The study unfolds the theory of analyzing strategic threats to energy security by covering the matter of quality of people's life.
Methods. To analyze the way strategic threats to energy security spread across cross-sectoral commodity and production chains and influences quality of people's living, I applied the factor analysis and general scientific methods of analysis and synthesis.
Results. I suggest interpreting strategic threats to energy security as risks of people's quality of life due to a reduction in the volume of energy supply. I identified mechanisms reflecting how the fuel and energy complex and its development influence the quality of people's life. The article sets out the method to assess such quality-of-life risks arising from strategic threats to energy security.
Conclusions and Relevance. In the current geopolitical situation, strategic threats to energy security cause long-standing adverse consequences for the quality of people's life. If strategic threats to energy security are further construed as risk of quality of people's life, this will facilitate the preparation and performance of a more effective governmental policy on energy, which will subsequently raise the economic well-being of people.

Keywords: energy, energy security, fuel and energy complex, quality of life, risk

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