Crisis resilience of the energy transition: focus on renewables

Even though the focus has shifted to LNG as an alternative to Russian natural gas over the Ukraine crisis, representatives of various think tanks and associations consider LNG to be a partial solution at best. Casimir Lorenz, economist at Aurora Energy Research, made it clear at the Berlin Energy Days that the planned LNG capacities in Germany are not sufficient to replace Russian gas in the short term. Of global production capacity of 500 bcm there is only about 120 bcm available. This would not suffice. Industry outages would be the consequence of a gas embargo.