Tomorrow marks the anniversary of Russia's invasion of Ukraine. The war in Europe has plunged the entire world into an energy crisis - and has ensured unprecedented speed in the energy transition.
In addition to all the suffering that Russia's war against Ukraine has brought to the world, the conflict has spurred a development in the energy industry that has done more than many policies of the past 20 years: in just one year, Europe has largely freed itself from dependence on Russian fossil fuels and given the energy transition a boost that industry representatives have been waiting for a long time.
Before the Russia-Ukraine war, 40 percent of natural gas and 27 percent of oil imports to Europe came from Russia,