Geopolitics of Energy Transition

Political Agenda

Also available in Deutsch, Español, Português

Original article published in the 2015-2 edition of Diálogo Político Journal.

A current energy policy map is characterized by low oil prices and permanent expansion of renewable energies. From both scenarios, in particular the latter can modify traditional energy dependencies, since it allows the substitution of fossil energy imports. For this replacement to be effective it is necessary that renewable energies –that in current technological and economic analysis are focused essentially in regional markets– also satisfy the energy demand in heating and transport.

From the political perspective, it is necessary to have general stable conditions to generate regional cooperation in the energy sector between different countries. In this cooperation, those with networks and energy storage possibilities will have an advantage. Taking into account the growing energy demand, renewable sources will only have an important role in global energy policy in the medium term. In the immediate term, transformations to current dependencies are determined by technological innovations in exploiting fossil energy resources like fracking and gas fluidization for maritime transportation.

Original article published in the 2015-2 edition of Diálogo Político Journal (Available in spanish).

Author

Dr. Christian Hübner

published

Peru, March 1, 2016

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Contact

Dr. Christian Hübner

Head of the Regional Programme Energy Security and Climate Change in Latin America

Dr. Christian Hübner
Phone +51 1 320 2870