DAVOS, Switzerland —
“The effect of the energy transition is essential to create a new set of interdependencies, and they are going to be quite adventurous and definitely reach out beyond the boundaries of the European bloc and the North American bloc,” he said at a session on “De-Globalization or Re-Globalization” earlier this week.
It laid out 10 actions to align energy crisis responses with the energy transition, including maximizing electrification and energy efficiency to alleviate and decarbonize energy demand, providing reliable signals to investors in energy supply and infrastructure, and coordinating with regional peers to maximize efficiency and minimize the cost of energy crisis mitigation.