- Near East South Asia Center for Strategic Studies
- Faculty Publication: Geo-policy and Energy in 2...
Faculty Publication: Geo-policy and Energy in 2022 by Dr. Gawdat Bahgat
On 3 January 2023, NESA Center Professor Dr. Gawdat Bahgat published "Geo-policy and Energy in 2022" in RiEnergia - ambiente e risorse, punto per punto.
"Russia’s invasion of Ukraine in February 2022 brought major disruptions to the global energy system and heightened Europe’s vulnerability to disruption of gas supplies. The transition to renewables has had the effect of pushing up demand for gas – often viewed by governments and energy analysts as a medium-term bridging fuel between the eras of hydrocarbons and renewables. However, the long-term target of creating net zero economies in Europe has sapped investors’ willingness to invest money into developing supplies of a fossil fuel they believe could be largely obsolete in a few decades. In other words, in the last few decades despite Europe’s rising gas consumption, it has failed to invest in increasing production and in reducing its heavy dependence on Russia’s supplies."
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Read the full publication in Italian
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