The issues of energy security and global energy transition form two key pillars of current energy policies, which can sometimes overlap, especially when it comes to solving environmental problems while ensuring economic stability.
Energy Security: Energy security involves a consistent supply of energy sources available at affordable prices. It means that nations can receive the necessary amount of energy for their economic development and household needs without serious interruptions or huge price changes.
Global Energy Transition: Global energy transition stands for the transformation of energy sources from fossil (coal, oil, natural gas) to renewable or zero-carbon energy sources (wind, solar, hydro, modern nuclear).