ABSTRACT

Energy security concerns a variety of actors from individuals to states and societies. The New Energy Order necessitated feasibility, accessibility, sustainability and transparency (FAST) as the principles which defined energy security from a broader perspective. The twenty-first century came along with a myriad of issues and challenges with which nation states could barely cope on their own. The concept of BRIC countries is derived from an economic perspective. The increase in demand, which was highly related to China's and India's economic growth, triggered the hike of oil prices in the first decade of the twenty-first century. A decrease in share of nuclear energy in total energy consumption was expected at eve of the twenty-first century. Energy rich non-OECD countries and their companies have consolidated wealth and power by benefiting from relatively high oil prices. This is how author analyzes energy transitions to conclude on the characteristics of the twenty-first century in terms of the relations between energy and international security.