Energy security and geopolitics

Velina Tchakarova at the "Energy Future Now!" Congress in Vienna

Oct 04, 2022 / EU Affairs / European Security and Defence

In the course of the energy transition - and the associated digitalisation of the grids - the increasing risk of cyberattacks poses challenges for energy suppliers. These have intensified in the wake of the COVID 19 pandemic and since the start of the war in Ukraine.

No new dependencies

Velina Tchakarova, Director of the Austria Institute for European and Security Policy (AIES), noted that Russia is waging war in Ukraine "also by geopolitical and economic means". At least in the next three to five years, Europe cannot do without natural gas. And caution is called for in the switch to renewable energies. Critical raw materials are needed for the relevant plants. Europe must be careful not to become as dependent on this as it is on Russia for natural gas.