The dimensions balance of the energy trilemma and the current energy crisis

Abstract

The balance between the three dimensions of the energy trilemma – security, affordability, and sustainability – puts pressure on entities and decision-makers involved in managing the current energy crisis. Erroneous or ineffective management can compromise or prevent the decarbonization trajectory that has as its target “zero emissions”, by moving to a carbon-neutral economy, which aims to reduce energy consumption by 50% in the next 10 years. As in the case of economic crises, these in the energy sector have a cyclical characteristic. The only mention is that the current energy crisis is different from previous ones in terms of causes and effects, with an emphasis on climate change and global warming. In this context, this paper aimed to identify the components of the energy trilemma using the “Keywords Everywhere” extension that suggests relevant keywords “Related Keywords” associated with internet queries. The energy trilemma dynamics were analyzed at the Web of Science database level for the period 2017-2023.