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

Share:

Our Impact
The Big Picture
Explore and monitor how Energy Transition is affecting economies, industries and global issues
Crowdsource Innovation
Get involved with our crowdsourced digital platform to deliver impact at scale

Stay up to date:

Energy Transition

Listen to the article

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
Discover

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.

Have you read?

Don't miss any update on this topic

Create a free account and access your personalized content collection with our latest publications and analyses.

License and Republishing

World Economic Forum articles may be republished in accordance with the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Public License, and in accordance with our Terms of Use.

The views expressed in this article are those of the author alone and not the World Economic Forum.

Related topics:

Energy TransitionRussian FederationUkraine

Share:

Global Agenda

The Agenda Weekly

A weekly update of the most important issues driving the global agenda

Subscribe today

You can unsubscribe at any time using the link in our emails. For more details, review our privacy policy.

Will a price cap on Russian oil have much impact? What you need to know about the global energy crisis this week

Stefan Ellerbeck

November 28, 2022

About Us
Events
Media
Partners & Members
Language Editions

Privacy Policy & Terms of Service

© 2022 World Economic Forum