The Unassuming Economist

From a paper by Richard Schmitz, Franziska Flachsbarth, Leonie Sara Plaga, Martin Braun, and Philipp Härtel:

“Recent events, including the pandemic, geopolitical conflicts, supply chain disruptions, and climate
change impacts, have exposed the critical need to ensure energy security and resilience in energy
systems. We review existing definitions and interrelations between energy security and resilience,
conceptualising these terms in the context of energy system transformations. We introduce a classification of disturbances into shock events and slow burn processes to highlight key challenges to energy system resilience. Examples illustrate their distinct impacts on technical, economic, and environmental system performance over time. We compile relevant recourse options across resilience capacity levels and system planning horizons to address these challenges, emphasising actionable strategies for an increasingly integrated energy system. Finally, we propose policy recommendations to integrate shock events and slow burn processes into future energy system planning, enabling forward-looking decision-making and system design to analyse and mitigate potential disruptions.”