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Europe’s Energy Supply Remains Exposed

The 15th annual World Energy Trilemma Framework has highlighted that Europe is struggling to recover its energy security following Russia’s invasion of Ukraine over two years ago. The framework, which was created by the World Energy Council, tracks national energy performance against three key themes: energy security, equity, and environmental sustainability. The latest report evidenced significant demand-driven changes in global energy systems triggered by the war in Ukraine, and the need to evolve energy leadership to accelerate global energy transitions in all European regions. The bombing of the Nord Stream pipelines and heightened geopolitical tensions have starkly exposed Europe’s energy vulnerability, the report noted, with the continent being heavily reliant on Russian gas. This has prompted a critical reassessment of its energy strategy, with a new focus on security in relation to affordability and sustainability. At stake are the need to balance renewable integration, grid variability, and technological independence amidst geopolitical and energy sovereignty concerns – while steering towards resilient, self-reliant, and equitable energy systems. 

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