Composed Index for the Evaluation of the Energy Security of Power Systems: Application to the Case of Argentina
Sergio Fuentes, Roberto Villafáfila‐Robles, Eduardo Lerner
Abstract
Energy transitions’ trend towards sustainable systems has prompted energy systems to shift from being fossil-fuel-based to rely on renewable energy. These transitions have led the power system to occupy the center of modern infrastructures, so assuring its security has become a priority for policy makers. This work presents a tool based on a multidimensional index, the Power System Security Index (PSIx), for the evaluation of policies affecting the security of the supply of electrical energy. The developed frame is applied to the current power system of Argentina, and it is compared to the system in year 2002. Availability of resources and infrastructure are the strengths of the country, while economic, governability, and research, development and innovation spheres leave room for improvement. The further incorporation of more economies to the study would substantially enrich the statistical analysis of the results.