From energy crisis to energy security: Actions for policy makers

The present energy crisis stemming from the conflict in the Middle East re-iterates the inherent structural weakness and vulnerability of national energy systems that remain reliant upon fossil fuels, and markets where the costs of oil and gas are highly influential on electricity prices. There is an immediate opportunity, however, to urgently reassess these fundamentals and prioritise reactions that enhance long-term energy stability.

This IRENA policy advisory provides key short- medium- and long-term actions for policy makers responding to the present crisis.

Policy makers must urgently consider intervening to direct investment and emergency responses to accelerate the deployment of renewable power generation capacity, and the electrification of energy-consuming processes and sectors.