U.S. CHAMBER OF COMMERCE

2012 International Index of Energy Security Risk

2012 International Index of Energy Security Risk

Highlights

Table H-1. Energy Security Risk Scores and Rankings for 25 Large Energy Using Countries: 2010
Country Score Large Energy User Group Rank
Mexico 851 1
United Kingdom 878 2
Norway 940 3
New Zealand 941 4
Denmark 942 5
Australia 942 6
United States 964 7
OECD 988
Canada 995 8
Germany 1,006 9
Indonesia 1,013 10
France 1,028 11
India 1,045 12
Poland 1,061 13
Russia 1,072 14
China 1,098 15
South Africa 1,100 16
Spain 1,105 17
Japan 1,119 18
Turkey 1,154 19
Italy 1,159 20
Brazil 1,165 21
Netherlands 1,239 22
South Korea 1,361 23
Thailand 1,689 24
Ukraine 2,277 25

This inaugural edition of the International Index of Energy Security Risk (International Index) is designed to complement the annual reports on U.S. Energy Security Risk, first published by the U.S. Chamber of Commerce’s Institute for 21st Century Energy in 2010.

The International Index measures energy security risks across different countries for the years 1980 through 2010. The risk index scores are calculated for the United States and 24 other countries that make up the large energy user group: Australia, Brazil, Canada, China, Denmark, France, Germany, India, Indonesia, Italy, Japan, Mexico, Netherlands, Norway, Poland, Russian Federation, South Africa, South Korea, Spain, Thailand, Turkey, Ukraine, and the United Kingdom. The scores for these countries are reported in relation to a reference index representing the average risks for Organization for Economic Co-operation and Development (OECD) member countries. The OECD average risk index is calibrated to a 1980 base year figure of 1,000.

2010 Highlights

Mexico was the most energy secure country in the large energy user group with a score 14% below the OECD average (Table H-1). The Ukraine was least secure with a score 131% above the OECD average.

The U.S. ranks as the seventh most energy secure country in the group. With a 2010 score of 964, its energy security risk was about 2% below the OECD average.

In general, countries with large energy resource bases and efficient economies enjoy the greatest comparative energy security. Countries that are not rich in energy resources but exhibit a high degree of energy efficiency also score reasonably well. Conversely, countries that do not use energy efficiently, even with large energy resources, do not score as well.

For many major emerging economies like Brazil, China, India, and South Africa, rapid economic growth since around 2000 has increased energy demand and exacerbated underlying energy security risks. Trends suggest that the energy security risk scores for these countries compared to the OECD average will get worse before they get better.