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

SECURE aims to build a comprehensive framework covering all the issues related to security of supply, including geopolitics, price formation and the design of energy markets inside and outside the EU. 
SECURE develops tools to evaluate EU’s vulnerability to the different risks which affect energy supplies in order to help optimising EU’s energy insecurity mitigation strategies. Costs and benefits are evaluated for different energy demand scenarios to help policy makers providing the most appropriate solutions. All major energy vectors are addressed from upstream to downstream with both a global and sectoral analysis studying technical, economic/regulatory and geopolitical risks, as well as demand issues related to energy security. SECURE provides a comprehensive methodological and quantitative framework to measure energy security of supply, and will propose policy recommendations on how to improve energy security taking into account costs, benefits and risks of various policy choices.