On the Energy Security Concept

... vital necessity. Reliance on the few strategic branches failed to provide enough state incentives for venture financing of multiple high-tech startups which could later develop into such global giants as Microsoft, Tesla, or Apple; or for supporting education, healthcare and culture. It was not, by any means, a matter of the state’s “evil will”, but its behavior in such conditions was simply dictated by the volatile market situation and allowed for only short-term, tactical solutions. Instead of energy security, there came the path of energy dependence. Embracing a new energy security concept and regaining the intellectual energy potential Re-orienting the centrally-planned approach to a market-driven economy was a painstaking exercise for many ...