Earlier quoted context omitted.
Any country relying on international cables for electricity would need to build and maintain full local backup power capacity. The combined cost of cables + backup may be more than storage cost. (Of course there are many factors which affect all these costs)
You might say "any country relying on international pipelines for gas would need to build and maintain full local backup capacity", except they didn't. Hence the Russia/Ukraine war causing all sorts of problems.
Problems, yes. Catastrophes, no. It's not clear that they "needed" full backup capacity.