Energy Geopolitics Flashcards
1
Q
what is the impact of the Ukraine war in oil? and Why ?
A
Oil market disruption and increase in russian oil
2
Q
In 2022, what countries were the biggest importers of crude oil via pipeline? And which country withdraw and why?
A
Germany, Poland, slovakia, Czekia, Hongria and Austria.
Germany because of the destruction of North pipeline during the Ukraine War.
3
Q
What is the price of Natural Gas in Europe in 2023?
A
72.7 euros / MWh
4
Q
How to decrease dependencies ?
A
Diversification at all cost (different exporters, develop Shale Gas)
Substitution at all cost (Renewable Energy)
5
Q
What is the energy Trilemma?
A
Geography-Security, sustainability and Affordability that can be achieved through Innovation
