Crisis in de energieopslagsector

How has the energy crisis impacted Europe?

The energy crisis has affected Europe significantly, with its ripple effects felt throughout the energy industry and across all regions of the world. In the European Union, the carbon dioxide intensity of the power sector increased significantly in 2022, indicating the crisis's impact.

What is the difference between the 1970s and today's energy crisis?

While today’s energy crisis shares some parallels with the oil shocks of the 1970s, there are important differences. Today’s crisis involves all fossil fuels, while the 1970s price shocks were largely limited to oil at a time when the global economy was much more dependent on oil, and less dependent on gas.

How has the energy crisis affected renewables?

Amid the energy crisis, which has led to volatility and steep spikes in energy prices, growth in renewables has held up well. Despite the turmoil and the menace of further supply disruption, renewables have continued to grow.

How has the energy crisis affected the use of coal?

Aside from inflationary pressures, this energy crisis has also increased the use of coal in energy production worldwide. Coal use in Europe increased by 14% in 2021, and was expected to rise another 7% in 2022.

How did the IEA respond to the oil crisis?

To ensure adequate oil supplies, the IEA and its members responded with the two largest ever releases of emergency oil stocks. With two decisions – on 1 March 2022 and 1 April – the IEA coordinated the release of some 182 million barrels of emergency oil from public stocks or obligated stocks held by industry.

What is the Announced Pledges Scenario?

The Announced Pledges Scenario examines where all current announced energy and climate commitments, including net zero emissions pledges and energy access commitments, would take the energy sector if implemented in full and on time.