The energy transition in the context of geopolitical developments
Geopolitical developments have changed the dynamics between the winding down of old energy systems and the building up of new ones. Developments around the world mean that the pace of phasing out of old energy systems is increasingly influenced by the issue of energy security. As a result, the energy transition is now being driven by climate ambitions and the desire to continue to guarantee energy security with reduced dependence on countries outside the EU. This expected push for an enhanced energy transition or adjustments in direction comes with challenges
In this context the EEAC Working Group on Climate Change and Energy organized an internal policy briefing. Two experts shared their insights with the members of the EEAC Network. André Faaij (Director of Science TNO Energy transition) zoomed in on the impacts of the current energy crisis and an effective response that accelerates the energy transition. Elisa Giannelli (Senior Policy Advisor, E3G) focused on the options Europe has to reduce dependency on third country fossil fuels, while safeguarding energy security and affordability.
In conclusions, both experts shared their views on the questions whether – low carbon – energy sources can fill the void of fossil fuels in our energy mix in the short (next 2,5 years) and mid ( 2,5 to 8 years) term without jeopardizing energy security or affordability? Read More