Industry
Electrification shifts energy security from oil to solar and batteries
As electrification technologies such as solar power and electric vehicles spread, the yardstick for global energy security is changing, an analysis said. The focus is shifting from stable imports of fossil fuels such as oil and natural gas to securing generation equipment and power grids and diversifying supply chains. Energy strategist Michael Barnard said electrification is reshaping energy dependence among countries, with examples cited from Pakistan, Europe and Africa.
