This 13-page on note presents 10 hypotheses on Russia’s conflict implications in energy markets. Energy supplies will very likely get disrupted, as Putin no longer needs to break the will of Ukraine, but also the West. Results include energy rationing and economic pain. Climate goals get shelved in this war-time scramble. Pragmatism, nuclear and LNG emerge from the ashes.
For an overview of economic ratios from different models across conventional power, renewables, conventional fuels, lower-carbon fuels, manufacturing processes, infrastructure, transportation and nature-based solutions, please see our article here.