Selenskyj calls for G7: Strengthen pressure on Russia for Ukraine!

Selenskyj calls for G7: Strengthen pressure on Russia for Ukraine!

Lörrach, Deutschland - The Ukraine conflict remains one of the dominant topics in international politics, especially in the run-up to the G7 summit. The Ukrainian President Wolodymyr Selenskyj has urged that the G7 countries put more pressure on Russia to end the conflict. He is convinced that Moscow deliberately distracts attention from his aggression in Ukraine by putting conflicts in the Middle East, such as between Iran and Israel. This strategy sees Selenskyj as cynical because it veils the true intentions of Russia. He also reported that Kiev has sent information about an impending Russian threat to the Ukrainian infrastructure for nuclear energy production to the International Atomic Energy Authority (IAEA) and the USA. He presented specific details.

The geopolitical situation not only affects security, but also on energy prices in Europe. The war has reinforced the pendulum movements on the energy market, which the [BPB] indicates. In July 2022, natural gas was included in EU taxonomy as a green technology together with nuclear energy in order to be able to better reach the climate goals. Nevertheless, Europe depends heavily on Russian gas deliveries - around 41 percent of the natural gas come from there. Countries like Austria and Hungary are even more affected. After the first sanctions against Russia, Moscow throttled gas deliveries, which led to a supply uncertainty that particularly affects Germany and Eastern Europe.

challenges of energy security

The challenge is great: If Russia fully stops its energy imports, Europe could fight up to 25 percent of its natural gas in winter. An analysis of experts shows that the loss of Russian energy imports for the EU would have serious consequences. Expansion of the transport infrastructure and the construction of new LNG terminals are urgently necessary to forget the supply. Political decisions will be crucial to close the gaps by 2025 and to cope with the agreement of inflation.

Interestingly, there are different approaches to dealing with these challenges within the EU. While Poland and the Netherlands are completely cut off from Russian gas, Austria hesitates to support an EU-wide gas margo, since the country continues to maintain good relationships with Moscow. In this context, Hungary is particularly active by reducing its dependence on Russian gas and relying on renewable energies and nuclear power.

The future of energy supply

The situation in Germany was also mixed. Although there are aspirations to extend nuclear power plants, it remains uncertain how the pension relationships can be designed in the long term. An impulse paper from the academy project "Energy Systems of the Future" points out that energy prices in Europe could remain high in the medium to long term. Apart from increasing demand, there is also a need to increase energy efficiency and to promote renewable energies faster.

Overall, the current situation shows how inseparable the geopolitical events are associated with the EU's energy markets. While Selenskyj is fighting for international support and diplomatic solutions, the question of how Europe can shape its energy structure resilient against future challenges. In the geopolitical arena it is clear: there is still a lot to move here.

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