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Malte Küper in ESI Bulletin Externe Veröffentlichung 9. Oktober 2023 Emerging stronger from the energy crisis

Russia’s war in Ukraine was a turning point in the global energy landscape. The attack by the world's largest fossil fuel exporter has thrown energy markets into turmoil, faced consumers with supply gaps and price shocks and put many countries into an ongoing energy crisis.

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Externe Veröffentlichung
Emerging stronger from the energy crisis
Malte Küper in ESI Bulletin Externe Veröffentlichung 9. Oktober 2023

Emerging stronger from the energy crisis

to Download

Institut der deutschen Wirtschaft (IW) Institut der deutschen Wirtschaft (IW)

Russia’s war in Ukraine was a turning point in the global energy landscape. The attack by the world's largest fossil fuel exporter has thrown energy markets into turmoil, faced consumers with supply gaps and price shocks and put many countries into an ongoing energy crisis.

With fossil fuels pushing back into the center of the political and societal discussion, concerns are arising that short-term fossil fuel supply policies could undermine long-term decarbonization goals. On the contrary, the soaring prices for oil and gas could in fact become a catalyst for the world's transition towards clean energy. Recent figures from the IEA show that despite the energy crisis, clean energy investment has grown and been able to extend its lead over fossil fuels. At the same time, however, investment in fossil fuels continues to rise as well and is close to its pre-Covid level.1 It is hopeful that with the right policy measures the energy crisis can be overcome without neglecting the global energy transition.

Turn the global electricity transition into an energy transition

The energy transformation often focuses strongly on the electricity sector while neglecting efforts in other sectors. While there is no doubt that fully decarbonizing the electricity sector will be one of the most crucial steps towards a green energy system, it alone will not be enough to achieve zero emissions as it also requires a fast ramp-up of those technologies that will utilize this green electricity in the end, electric vehicles or heat pumps for example.  

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Externe Veröffentlichung
Emerging stronger from the energy crisis
Malte Küper in ESI Bulletin Externe Veröffentlichung 9. Oktober 2023

Emerging stronger from the energy crisis

to Download

Institut der deutschen Wirtschaft (IW) Institut der deutschen Wirtschaft (IW)

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„Wir brauchen Investitionen in den Klimaschutz”

Der Staat müsse jetzt in Infrastruktur und Dekarbonisierung investieren, fordert IW-Direktor Michael Hüther im Interview mit der taz. Um das zu bezahlen, schlägt er einen kreditfinanzierten Investitionsfonds vor.

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Zwischen Klimaschutz und Bezahlbarkeit – wie sozial ist die Transformation im Wohnungsmarkt?

Der Gebäudesektor ist essenziell für die Energiewende und den Klimaschutz. Rund 40 Prozent des Endenergieverbrauchs und 30 Prozent der Kohlendioxid-Emissionen gehen auf die Beheizung und Klimatisierung der Immobilien sowie Beleuchtung und Wasseraufbereitung ...

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Inhaltselement mit der ID 8880