Energy Transition and Economic Resilience in Europe: Challenges and Opportunities in the Post-Ukraine War Era
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Abstract
This paper examines the interconnection between Europe’s energy transition and its economic resilience in the aftermath of the Ukraine war. The disruption of fossil fuel supplies revealed structural vulnerabilities in European energy markets, accelerating the urgency of diversifying energy sources and investing in renewable technologies. The study synthesizes key challenges—such as supply chain disruptions, insufficient investment, and regulatory barriers—while also identifying growth opportunities in technological innovation, shifting market dynamics, and public-private partnerships. A resilience framework is proposed, emphasizing indicators like supply security, price stability, and market flexibility. Case studies from Germany, France, and Scandinavia illustrate contrasting pathways to resilience through different policy choices and energy mixes. Findings suggest that while the transition enhances long-term resilience, short-term economic vulnerabilities persist due to inflated costs, political uncertainties, and uneven regulatory landscapes. The paper concludes that Europe’s ability to reconcile the pace of transition with economic stability will determine its success in achieving climate neutrality and energy security by 2050.
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