The Energy Security of Eastern Europe in the Context of the Russian Ukrainian War

Authors: Prisac I#, Pop IG* and Fagadar C

DOI: 10.23880/oajwx-16000182

Volume 6, Issue 1

Abstract

The present paper analyzes the biggest crisis associated with a globally extended period of instability and insecurity. In the context of the Russian-Ukrainian war as a geopolitical problem, climate change and the global energy crisis are the straws that broke the camel's back - especially in Eastern Europe - regarding the political decision to begin transitioning from a dependence on fossil fuels to renewable energy and/or decarbonization. Consequently, there is a need for diversification of the energetic resources. The big dilemma of these aspects remains the quality of the energetic resources, especially of nuclear energy, which seems to be the “Holy Grail” of decarbonization, and energy source distribution, so to be used in combination with renewable sources of energy. Besides the possible disadvantages, wind and solar energy require reliable storage of electricity on a large scale, which causes it to become extremely expensive. The paper presents a very optimistic perspective on the energetic analysis of the long-term trend for energy consumption and generation, as a case of the big players in carbon emission searching for the black swan of energy.

Keywords: Renewable Energy; Energy Security; Nuclear Energy; Fossil Fuels; Rare Earth Elements; Geopolitical Independence; Decarbonization; Permacrisis

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