Let’s Save the Energy Transition – It’s in Danger!
With the humanitarian drama playing out in Ukraine, Europe has discovered that it is vulnerable and threatened. Energy, food, science, technology and raw materials are no longer shared in a market whose global reach is shrinking. Europe has no plans to survive in a world other than one of its own design, but reality has suddenly become a problem.
The Energy Transition (ET) must continue to be a beacon that guides and drives our decision-making, not to mention an effective instrument for tackling some of the challenges faced by Europe. For proper development of the ET, it is vital to remove the obstacles and barriers that prevent the massive deployment of mature, competitive technologies such as wind, solar and hydroelectric electricity, as well as low-temperature geothermal and aerothermal energy. There is also a need for stable regulation of the sector to encourage entrepreneurship.
Do we have suitable technologies and are they mature enough to achieve the ET? How can we make this necessary goal compatible with maintaining the competitiveness of our industry and services? How will all this affect household disposable income and how it is distributed? Do we have a national and European strategy for science, technology, industry and procurement?
To gain the speed we need for steady progress with this colossal transformation, we must reflect on social, economic and geopolitical externalities so that we are aware of all their implications.
It is therefore urgently necessary to focus on the Energy Transition. It’s in danger!