Geopolitics, Energy Markets, & Uncertainty
Inside this issue
Geopolitics are front and center globally due to the Russia-Ukraine crisis as implications unfold for European energy markets. The threat of invasion has many concerned that Russia will interrupt pipeline flows into Europe.
Even at the height of the cold war, Russia continued to deliver natural gas to Europe. Because Russia depends on natural gas revenue, it is unlikely that the country would cutoff all access to gas. Based on EIA data, about 48% of Russia's oil and natural gas is exported to Europe.
A few energy questions to consider as the crisis develops:
- Will this expedite European clean energy policies?
- How will import and export flows change as Europe decarbonizes key industries?
- What impact does this have on companies deploying clean energy today?
Inside this Issue
🔥 Sweden's Volta raises $260M at a $490M valuation to get its all-electric trucks into production by the end of this year
💡 Baker Hughes Partners with NET Power to Advance Development and Global Deployment of Zero-Emissions Power Plants
♻️ TotalEnergies and Honeywell Sign a Strategic Agreement to Promote the Development of Advanced Plastic Recycling
🚙 Cummins to Acquire Meritor for $3.7 billion
👕 Our first chapter: raising $4.5M to bring planet-positive textiles to the fashion industry
🪨 Small business carbon tracking software startup Trace raises $1.5 million
Articles in this issue