The World Energy Council, a London-based network of energy leaders, pioneers and experts, issued the “World Energy Trilemma Index 2024” report, which sheds light on energy sustainability across countries in the year 2023. In details, the report rates the energy performance of 120 countries based on 3 main dimensions namely Energy Security, Energy Equity and Environmental Sustainability altogether constituting 90% of the index score and a fourth dimension (Country Context) with a contribution of 10% to the overall score. Countries are assigned a score ranging between A (best score) and D (worst score) for each of the aforementioned dimensions and are ranked accordingly. Further information on the covered dimensions is highlighted below:

-       Energy Security: Assesses a nation’s ability to meet current and future energy demand in a reliable manner and its ability to sustain & recover from system shocks

-       Energy Equity: Highlights the country’s capacity to provide nationwide access to an affordable and fairly priced energy for domestic and commercial use

-       Environmental Sustainability: Depicts the transition of the country’s energy sector towards circumventing any potential environmental harm

-       Country Context: Represents the elements that enable a country to develop & implement energy policy and accomplish its energy goals.

Ranking wise, the top 3 positions were dominated by Nordic countries, with Denmark coming in first with a score of 83.2 “AAAa”, followed closely by Sweden (score 83.1; “AAAa”) and Finland (score: 82.7; “AAAa”). As far as countries with the most improvement in their scores since the year 2000 are concerned, Malta ranked first, registering a 124% improvement, followed by Cambodia (118% improvement) and Jordan (105% improvement).

Regionally, the U.A.E. occupied the first position in the index and ranked 30^th globally with a score of 70.3 “BADa”, followed by Saudi Arabia (38^th position globally with a score of 66.9 “BADb”) and Qatar (40^th position globally with a score of 65.9 “BADa”). Locally, Lebanon held the 68^th place in the world and the 12^th position in the region in the World Energy Trilemma Index, scoring 57.7 “DACd” compared to a score of 57.0 in the 2022 edition of the report. More specifically, Lebanon’s score in each dimension came as follows: 31.4 in Energy Security, 83.6 in Energy Equity and 65.5 in Environmental Sustainability.