Sharjah 24 – WAM: Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, said that energy security is a global issue that affects the entire world.
“The availability, accessibility, and affordability of energy resources are essential for the sustained growth and development of our economies,” the minister said in his remarks before a plenary session titled ‘Rethinking energy security: The need to move beyond simplistic solutions’, which was held as part of the Astana International Forum that started yesterday.
Led and co-organised by the Ministry of Energy of the Republic of Kazakhstan, the session highlighted the most important issues related to ensuring energy security, problems for the development of alternative energy, the need for reliable provision of the world economy with all types of energy without excessive damage to the environment, as well as to identify gaps that need to be addressed.
The minister underscored the importance of aligning energy policies with global climate goals.
“There are key steps that have be considered to develop effective energy policy between countries, including enhancing international interconnectivity; driving cooperation through forming new bilateral and multilateral agreements and partnerships and expanding the scope of existing ones, enhancing intelligence capabilities by establishing mechanisms for the exchange of data and insights on energy markets to help make informed decisions on energy production, consumption, and investment; building interconnected energy grids and establishing cross-border energy infrastructure will create a more robust and efficient energy system.”
The minister underscored the importance of diversifying energy sources to include conventional and renewable sources, and exploring alternative supply routes, such as pipelines, interconnectors, and terminals, to mitigate vulnerabilities and enhance energy resilience.
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