ENERGY SECURITYEnergy, War, and the Crisis in Ukraine
Russia’s invasion of Ukraine is having a global impact on many areas of the world today, affecting the balance of power among states and creating a contest between democratic and authoritarian alliances. It is also having a major impact on the global energy supply. An expert panel examined the implications of energy use and energy policy during Russia’s invasion.
Russia’s invasion of Ukraine is having a global impact on many areas of the world today, affecting the balance of power among states and creating a contest between democratic and authoritarian alliances. It is also having a major impact on the global energy supply. European states have scrambled to reorient their consumption away from Russian natural gas, while Russia has used its energy assets as political leverage while finding new economic partners.
In short, there is also a battle over energy surrounding the invasion, as a panel of experts analyzed at a public MIT event on Friday. The online discussion, “Energy As a Weapon of War,” was the latest Starr Forum, MIT’s prominent event series on foreign policy and international relations.
The forum’s two featured speakers both discussed energy issues as well as the larger course of the war. Margarita Balmaceda, a professor of diplomacy and international relations at Seton Hall University and an associate of the Harvard Ukrainian Research Institute, listed three key aspects of the energy issue implicated in the invasion.
In the first place, she noted, European reliance on Russian natural gas is a long-term issue that also existed with the Russian occupation of Crimea in 2014, but is only now being managed differently.
“If we look at the case of Germany … you can see that the temptation of this reliance in particular on Russian natural gas was not simply something that you could ascribe to one or two corrupt politicians,” said Balmaceda, author of the book “Russian Energy Chains: The Remaking of Technopolitics from Siberia to Ukraine to the European Union.” Instead, she said, “it’s something that went to all levels of economic life,” including industrial consumers of natural gas, regional governments, and other stakeholders.
Secondly, Balmaceda observed, many core manufacturing industries, especially in Germany, have been particularly dependent on Russian energy, making the need for alternatives something that has direct effects in key production sectors.
“In my view, the real story, and the story we have to pay much more attention to, has to do with … industrial users of natural gas,” Balmaceda said. In fact, she noted, gas consumption is a major part of the production cycle in Europe’s chemical, cement, steel, and paper industries, supporting about 8 million jobs.
Finally, Balmaceda observed, European boycotts of Russian energy may have temporarily stymied Russia, but the regime has subsequently found new markets in China, India, and elsewhere.