AI Summary

Electrification reshapes the traditional notion of energy security, which historically relied on a steady flow of consumable fossil fuels such as oil, natural gas and coal that required continuous shipments and access to producing nations, sea lanes and foreign exchange. With rising electricity use, countries now import durable assets—solar panels, batteries, electric vehicles, transformers and power‑electronics—rather than fuel, allowing those components to operate for years while domestic renewable sources generate power. Although the supply chains for these equipment remain global, the economic dependence shifts from ongoing fuel imports to one‑time capital goods.

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