1、1policy papernote de rechercheN 131Jeffrey Lu-23 May 2022Renewable Energy and Hydrogen Investment as a Means for Energy Security and New Political Alliances:A Policy Paper for the German G7 Presidency“Progress towards an equitable world”This is the lofty goal that Germany has set for its programme a
2、s the leads the Presidency of the G7 in 2022.The G7 Summit will be hosted this year from the 26th to 28th of June at Schloss Elmau in the Bavarian Alps and will host leaders representing many of the worlds leading industrial nations.As such,the annual summit will help determine and shape the politic
3、al responses to global challenges.It would seem key talking points for the leaders will be on the effects of the Russian-Ukraine war,mainly the resulting volatility of gas and electricity whole-sale prices,and the need to gain energy independ-ence and security.The Russian-Ukraine conflict has had fa
4、r reaching implications on the energy land-scape in Europe and around the world;most notably playing a key role in the suspension of the commis-sioning of the Russian Nordstream 2 natural gas pipeline,the growing sentiment to stop reliance on Russian gas1,2,3,and of the volatile European gas prices
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