Until the Russian war in Ukraine and its strong effects on the re-organisation of energy flows in Europe, it seemed a consensus that fossil assets will become stranded within the coming decades due to ever more stringent climate policy. Therefore, investments in such assets should be avoided as early as possible. With the newly awakened focus on energy security, the insurance aspect of redundant infrastructure capacities has been emphasized. This has lead to a temporary reevaluation of already obsolete assets and is even leading to the construction of specific additional fossil infrastructure such as LNG terminals.
Given that these fossil capacities will ultimately still become stranded as Europe moves to climate neutrality, we want to elaborate how European countries can avoid creating new path dependencies and ensure that the role of the new fossil infrastructure is limited to the insurance of security of supply.
Registration for this event via the link above until Friday, 6th May, 12.00 pm.