Abstract: 

In paper investigates issues dealing with some aspects of enhancing energy security and increasing energy efficiency. An extensive research related the role of energy in economic life and people’s business activity, as well as, its modern market system being formed as a global commodity was carried out. After analytic generalization, new interpretation of “Energy security” concept was presented. It was clarified once more that, in contemporary world, energy security is measured not only by the quantity of energy consumption supply, but also by its quality values and standards. Given the fact that in the Azerbaijan Republic, as in a sustainable social country, energy security is not separated from energy efficiency and is considered as an important indicator in the supply of fuel-energy resources for increasing the national development level of the economy, the paper intends to investigate these features. It also studies preparation of national energy security strategy and criteria, activities, and objectives that define its conditions being justified by analysis for providing sustainability of these activities.

Keywords: energy security, energy efficiency, energy resources, energy strategy.

JEL Classification Codes: D61, F63, H156.