Catch up on our latest research in the field of energy and critical raw materials
Geopolitics of energy
Security of supply is a key concern in the national interest of every government around the world. For decades, having reserves of oil and natural gas translated into geopolitical influence. Today, old dependencies remain as new ones are emerging. The European Union is facing geopolitical and environmental challenges to securing oil and gas supplies. New dependencies on suppliers of green hydrogen and renewable energy technologies are developing. A purely economic approach to energy relations fails to take into account a significant array of risks associated with dependencies, which is why geopolitics play a key role in HCSS energy research.
Geo-economic implications of the energy transition
Achieving climate goals requires the transformation of infrastructure, industrial processes and households into sustainable and energy efficient sectors. Technological developments, policy support and governmental behaviour in global politics are some of the determinants of a successful energy transition. HCSS contributes to mitigating and overcoming the challenges faced by key economic sectors in the energy transition, in order to achieve a prosperous and competitive new energy system.
Wind turbines, solar panels and electric vehicles – they are all dependent on sufficient, affordable and secure supplies of critical raw materials. Yet the global energy transition is expected to lead to an exponential increase in the demand for these minerals. Achieving a net zero energy system depends on foreign supplies of rare earth metals, cobalt or lithium. This creates novel geopolitical dependencies and geo-economic challenges for countries all around the world. Critical minerals are a key area of energy research at HCSS, providing advice to governments and companies on how to address challenges related to securing supplies of raw materials.
Catch up on our latest news in the field of energy and raw materials