Some geopolitical issues of the energy transition

Emmanuel Hache (1) , Samuel Carcanague (2) , Clément Bonnet (1) , Gondia Sokhna Seck (1) , Marine Simoën (1)

1 IFPEN - IFP Energies nouvelles
2 IRIS - Institut de Relations Internationales et Stratégiques

Why should geopolitics focus on energy transition issues? In many parts of the world, the decarbonisation of the energy and electricity mix has become a priority in order to meet international climate objectives and address local pollution issues. Investments made in renewable energies (REs) represented around $332 billion in 20181 (Figure 1) and those needed to meet the targets set in Paris in 2015 at the 21st Conference of the Parties (COP21) to the United Nations Framework Convention on Climate Change (UNFCCC) could reshape the concept of energy security. The expression “Geopolitics of Renewable Energies” is not widely used at present, and the geopolitical implications of new energy policies and investments in REs are not very well explored.

Domains: Quantitative Finance [q-fin]

Emmanuel Hache, Samuel Carcanague, Clément Bonnet, Gondia Sokhna Seck, Marine Simoën. Some geopolitical issues of the energy transition. [Research Report] Working Paper 2019-4, IFPEN; IRIS - Institut de Relations Internationales et Stratégiques. 2019. ⟨hal-03101697⟩