Implications of Geopolitical and Energy Market Volatility to the Clean Energy Transition

Geopolitical crises, primarily the Russia-Ukraine War, have roiled energy markets in 2022 causing a spike in oil and gas prices, supply disruptions, and rising inflation. For many countries, the volatility, coupled with political concerns, have underscored the need to decarbonize energy systems and diversify fossil fuel supplies in the interim. In many cases, however, the short-term political imperative of finding reliable and acceptable sources of energy are beginning to conflict with the long-term and urgent goal of decarbonization, the result being a lack of action and progress toward an energy transition.

Matthew Baldwin, Deputy Director-General, Directorate-General for Energy, European Commission

Olga Bielkova, Director on Corporate and International Affairs, Gas TSO of Ukraine

Ana Palacio, Board Director, Atlantic Council & Former Minister of Foreign Affairs of the Kingdom of Spain

Moderator: Defne Sadıklar Arslan, Turkey Representative and Senior Director, Atlantic Council IN TURKEY, Atlantic Council