| Abstract | Vulnerability is reaching an increasing attention from both academia, international community and industry, being detected as a pillar of the development agenda. If the formal definition of overall vulnerability and resilience is still flawed in the economic literature, the measurement and mainstreaming of outlying characteristics and sound policies for energy vulnerability results almost uncovered, often overlapping with other energy issues. Energy vulnerability also results poorly enforced by regulatory, governmental, and legislative systems. After reviewing and furnishing a univocal ambient merging the multiple interpretations on such concepts, this work: i) defines energy vulnerability; ii) builds a composite indicator to measure energy vulnerability; and iii) analyzes and ranks OECD and non-OECD countries in terms of energy vulnerability. The regulatory framework, SDGs and the development agenda are examined, selected indicators from the WB’s WDI are analyzed. The indicator is weighted by a multivariate analysis and its robustness is checked through different techniques. |
