Geofinance of Energy

To comprehend emerging national energy strategies, traditional foreign policy lenses, which highlight the central role of political and military affairs, will not longer suffice. Yet, it still remains true that hostile acts to close the Straits of Hormuz or Malacca would constitute a threat to consumer as well as producer countries. Geofinance of Energy looks at the relationship between energy and finance within the global energy transition and the geopolitical implications thereof. In a world of energy abundance, the long-term strategic importance of oil as a commodity is in relative decline, whereas finance as a strategic aspect of energy becomes more important. Based on seven case studies, the Geofinance of Energy project investigates the role and impact of the energy transition on the relationship between energy and finance in different geopolitical contexts. The changing energy mix, with an increasing share of renewables, together with the financialization of green and brown energy into an integrated energy market, introduces new vulnerabilities that policy experts and strategists have not been required to anticipate in the past. Todays policymakers, energy firms, as well as investors need a baseline of familiarity with the role of finance in the changing energy mix as one of the emerging key features of the world economy.

No additional funding sources recorded.