Energy security in an insecure world

In this documentary published by DW News, Dr Carole Nakhle, CEO of Crystol Energy, discusses the problems behind the current energy crisis.

Key takeaways:

1. 2022 will be a defining year in global energy markets.
2. The world is not ready to say goodbye to fossil fuels yet. Under existing technical constraints, renewable energy on its own is not able to provide security of supply.
3. Investment is needed across all fuels, but in a manner that allows their production and consumption in a more sustainable way.
4. OPEC+ plays an influential role in oil markets. If the producers’ group did not exist, oil prices would have been much lower than the levels we are currently facing.
5. Energy security is achieved by diversifying sources of energy supplies and suppliers.