Perspectives on the Global Energy Challenge
In: The Global Energy Challenge, S. 6-34
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In: The Global Energy Challenge, S. 6-34
In: The Global Energy Challenge, S. 192-214
Following Russia's invasion of Ukraine, the risk of a prolonged physical supply shortage of natural gas is higher than ever before. While European Union (EU) institutions and member states are discussing the possibility of imposing an embargo or a gradual phase out in this sector, an abrupt shortage may result from a political decision on the supplier's side. This event would be beyond EU control and requires appropriate contingency plans. However, the EU does not have adequate procedures for managing long-term supply interruptions. High gas prices alone will not be able to deliver the necessary level of savings, and they will also create unfair distribution of reserves. EU's preparedness and resilience rests on its ability to adjust gas demand quickly, efficiently and in a fair manner. With gas rationing as the measure of last resort, we propose to develop non-price-based mechanisms, as well as coordinated and voluntary efforts for gas saving on a European level. To increase resilience and unlock gas saving potential across sectors, the following steps are recommended. [.]
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In: Routledge international handbooks
World Affairs Online
In: Osteuropa, Band 57, Heft 11, S. 273
ISSN: 0030-6428
In: International political economy series
In: International Political Economy Ser.
International cooperation in support of a global energy transition is on the rise, and official development assistance (ODA) in the energy sector is increasingly being directed to renewable energy sources. Nevertheless, it is widely acknowledged that investment towards achieving the SDG 7 on clean and affordable energy is insufficient. Moreover, investment in clean energy remains heavily concentrated in a small number of frontrunner countries and overwhelmingly targets grid-connected electricity generation. Worryingly, significant share of international public sector financeing, most notably by export-credit agencies, is still allocated to coal and other fossil-based technologies. Against this background, this paper makes three recommendations for strengthening international cooperation in support of a global energy transition. (1) Promote investment in clean energy and end support for coal-based energy infrastructure. OECD and G20 countries should lead the way by discontinuing all public investment support for new coal-based energy infrastructure and establish guidelines for support to other fossil-based investments. (2) Promote evidence-policy dialogue on the socio-economic dimension of the global energy transition. International cooperation should play an active role in mobilising socio-economic benefits and address potential risks by supporting evidence-based policy dialogue based on robust assessments at both the country and global levels. (3) Provide early market support to promote challenge-based energy innovation. SE4ALL or Mission Innovation should create multi-stakeholder, challenge-based initiatives to promote clean energy innovation in developing and emerging economies and foster early market demand for related products or services.
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International cooperation in support of a global energy transition is on the rise. Initiatives and venues for multilateral cooperation are complemented by growing bilateral engagement to foster international lesson-drawing and exchange. Official development assistance (ODA) in the energy sector is increasingly being directed to renewable energy sources. Despite these promising developments, it is widely acknowledged that investment towards achieving the Sustainable Development Goal (SDG) 7 on clean and affordable energy is insufficient. A recent report by SE4ALL estimates annual investments in support of SDG7 at USD 30 billion. This is well below the USD 52 billion that would be needed (SE4ALL and Climate Policy Initiative, Energizing finance: Understanding the landscape 2018, 2018). Moreover, investment in clean energy remains heavily concentrated in a small number of frontrunner countries. In terms of technologies, investments in clean energy still overwhelmingly target grid-connected electricity generation. Despite their proven ability to provide rapid and affordable access to clean energy in many country contexts, off-grid technologies account for only 1.3 percent of investments (SE4ALL and Climate Policy Initiative, 2018). Worryingly, a significant share of international public sector financing, most notably by export-credit agencies, is still allocated to coal and other fossil-based technologies. Against this background, this paper makes three recommendations for strengthening international cooperation in support of a global energy transition: 1) Promote investment in clean energy and end support for coal-based energy infrastructure. 2) Tackle the socio-economic dimension of the global energy transition. 3) Provide early market support to promote challenge-based energy innovation.
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In: Insight Turkey, Band 16, Heft 2, S. 211-212
ISSN: 1302-177X
World Affairs Online
In: Rand Corporation monograph series : MG 838-USCC
In: SWP Comment, Band 42/2018
The transformation of the energy system is a global phenomenon, but the process itself is still progressing far too slowly to halt climate change. However, for "human security", it has immediate positive effects. An energy system that is increasingly electrifying offers reduced dependence on fossil fuel supply chains and strengthens access to energy, thus serving as an economic factor that indirectly promotes national and international security. However, the perceivable geographical concentration of technology leadership and an imbalance in global finance raise new threats. These may translate into veritable geopolitical risks that require global cooperation in order to be overcome. (author's abstract)
In: SWP-Aktuell, Band 51/2018
Die Transformation des Energiesystems ist ein globales Phänomen. Um den Klimawandel aufzuhalten, geht der Umbau zwar noch viel zu langsam voran. Aber für die "menschliche Sicherheit" (human security) hat er unmittelbare positive Effekte. Die Elektrifizierung des Energiesystems reduziert die Abhängigkeiten von fossilen Rohstoff-Lieferketten, stärkt den Zugang zu Energie als Wirtschaftsfaktor und begünstigt damit indirekt auch die nationale und internationale Sicherheit. Allerdings drohen eine geographische Konzentration von Technologieführerschaft und eine Schieflage bei globalen Finanzierungsstrukturen. Diese Faktoren ziehen geopolitische Risiken nach sich, deren Einhegung globaler Kooperation bedarf. (Autorenreferat)
In this perspectives piece, an interdisciplinary team of social science researchers considers the implications of Covid-19 for the politics of sustainable energy transitions. The emergency measures adopted by states, firms, and individuals in response to this global health crisis have driven a series of political, economic and social changes with potential to influence sustainable energy transitions. We identify some of the initial impacts of the 'great lockdown' on sustainable and fossil sources of energy, and consider how economic stimulus packages and social practices in the wake of the pandemic are likely to shape energy demand, the carbon-intensity of the energy system, and the speed of transitions. Adopting a broad multi-scalar and multi-actor approach to the analysis of energy system change, we highlight continuities and discontinuities with pre-pandemic trends. Discussion focuses on four key themes that shape the politics of sustainable energy transitions: (i) the short, medium and long-term temporalities of energy system change; (ii) practices of investment around clean-tech and divestment from fossil fuels; (iii) structures and scales of energy governance; and (iv) social practices around mobility, work and public health. While the effects of the pandemic continue to unfold, some of its sectoral and geographically differentiated impacts are already emerging. We conclude that the politics of sustainable energy transitions are now at a critical juncture, in which the form and direction of state support for post-pandemic economic recovery will be key.
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With Agenda 2030, the UN adopted wide-ranging Sustainable Development Goals (SDGs) that integrate development and environmental agendas. This book has a unique focus on the political tensions between environmental and socio-economic objectives and advocates for a cooperative shift towards environmentally sound sustainability.