Energy Transition

6 ways Russia's invasion of Ukraine has reshaped the energy world

Coupled with the impact of the global pandemic, the energy crisis means 70 million people who recently gained access to electricity can no longer afford it. Image: Unsplash/ Marc-Olivier Jodoin

Ewan Thomson
Senior Writer, Formative Content
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A graph showing how Russia's invasion of Ukraine has led to energy crisis.
A graph showing how Russia's invasion of Ukraine has led to energy crisis. Image: IEA

global energy crisis natural gas pipeline Russia European Union Tukiye
Russia’s gas exports to the EU were drastically cut, causing a rapid shift in trade flows. Image: IEA

Document showing recent policy changes and announcements regarding electricity supply. energy crisis
Policy changes have accelerated the push for more renewable energy, but short-term energy security is also vital. Image: IEA
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How is the World Economic Forum driving the energy transition?

Higher costs due to energy crisis are contributing to rising interest rates, which could jeopardize the energy transition.
Higher costs due to energy crisis are contributing to rising interest rates, which could jeopardize the energy transition. Image: IEA

A bar chart showing annual change in CO2 emissions from global fossil fuel combustion.
A bar chart showing annual change in CO2 emissions from global fossil fuel combustion. Image: IEA

energy crisis global energy investment by region renewables Advanced economies China EMDE
A bar chart showing global energy investment by region. Image: IEA.
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Energy TransitionRussian FederationUkraine
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