Abstract

In the globalized world, energy security means the ability of countries and regions to satisfy their energy demands without any threats to their economic, social or political stability. Energy security depends on a variety of factors such as availability, reliability, price and sustainability of energy resources as well as the level of cooperation and competition between producers, consumers and transit countries. Energy security in the globalized world is a multifaceted problem that includes availability, reliability and accessibility of energy resources. International cooperation is of great importance since energy security is not limited by national borders, but is a common global problem. The key role is assigned to international treaties. Countries need to solve legal issues arising in view of the transition to the low-carbon economy and guarantee that their policy is in line with the obligations to fight against the climate change. The achievement of safe and sustainable energy future in the inter-related world requires a combination of legal measures and strategic planning.

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