Russia’s war of aggression in Ukraine sparked a major energy crisis in Europe and beyond. It was a crisis primarily fuelled by the EU’s historical dependence on Russian fossil gas imports, and led to the first true Global Energy Crisis. The EU’s response to Russia’s weaponisation of its gas supplies to the bloc came in the form of REPowerEU plan. It entails a comprehensive blueprint with immediate measures, as well as longer term objectives to wean itself off Russian (fossil) energy dependence, all the while accelerating the transition toward a clean, climate-friendly economy. Today, while war rages on in Ukraine, it seems that we are beyond the most acute phase of the crisis. In Europe at least But while Russian pipeline imports have indeed all but dried up, Russian Liquified Natural Gas (LNG) imports are peaking. Moreover, large-scale import of American shale LNG can hardly be considered a ‘sustainable’ alternative. In this research seminar, Professor Michael Bradshaw (Warwick Business School, UK) explores the lessons we can draw from Europe’s Global Energy Crisis and what challenges lie ahead whilst creating a truly secure and just energy system in Europe, and beyond, in the face of an ever urgent climate crisis.
The research seminar will take place in the meeting room (8A-46) at the IVM.