Green energy and China: How to avoid new dependencies?
DATE: Thursday, May 12
TIME: 3:oo PM CEST
Rhodium’s Charlie Vest will speak at the virtual launch event for ‘Circuit Breakers: Securing a Green Energy Supply Chain’ , a new policy paper written by Rhodium Group and the European Council on Foreign Relations.
Are Europeans at risk of making the same geopolitical mistakes on green energy dependence on China, as they did with Russia? The development and deployment of renewable energy technologies like solar, wind and hydrogen is in full swing. Yet, throughout the green energy supply chain, there is a diverse set of often underappreciated security risks that stretch far beyond the economic to geopolitical dependencies. As the EU seeks to quickly move its energy system away from fossil fuels to renewables, it must ensure diversity of supply and competitiveness of its green technology industries. China’s growing dominance in many of these sectors pose a real risk and puts pressure on Western companies and governments to act fast.
What are the risks in green supply chains? And what principles do policymakers need to follow to ensure the EU’s energy security in an age of decarbonization?
In this online discussion, the authors will present their findings regarding the geopolitical risks of green energy supply chains and offer concrete policy recommendations and key principles on how to address them.