U.S. Energy Policy under a New Administration: Implications for Europe, Ukraine & Transatlantic Cooperation
- The Hon. Adam Kinzinger, Member of the U.S. House of Representatives, Member of the House Energy and Commerce Committee
- The Hon. Jacek Saryusz-Wolski, Member of the European Parliament
- Ms. Megan Richards, Visiting Senior Fellow, The German Marshall Fund of the United States, Former Director of Energy Policy, DG Energy, European Commission
- Ms. Sarah Pagung, Associate Fellow, DGAP - German Council on Foreign Relations
- Mr. Sergiy Makogon, CEO, Gas Transmission System Operator of Ukraine
- Ms. Kristine Berzina, Senior Fellow, The German Marshall Fund of the United States
Political, social, and economic shifts at home, and the changing global context, will continue to profoundly affect U.S. energy policy. These trends will also define how much benefit Europe continues to find from rising U.S. energy supplies, in particular from natural gas exports. Still, following Russia’s aggression in Ukraine, there is a serious debate in Europe whether U.S. LNG can really counter Moscow’s energy leverage in Europe. Despite geopolitical concerns, some EU member states still see benefits in cooperation with Moscow, through projects like NordStream2. U.S. sanctions against this project have for now done little to prevent Europe and Russia to sustain their energy cooperation, casting doubts for outlooks on a stronger transatlantic energy partnership. Moreover accelerating decarbonization plans and the goal of EU climate neutrality by 2050 cast a doubt over the future of the natural gas market. These transatlantic dynamics also raise a number of questions on Ukraine’s role as an important energy transport hub.
If you have any questions, please contact Patrycja Pańczyk at [email protected].