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The need to get rid of energy dependence on Russia - Germany's Energy Crisis and Policy Change

An article written by Dr. Bernhard Seliger, representative of Hanns Seidel Foundation's Korean Office (HSF), was published on MIDAS 2022.6 Vol.220.

In June, a periodical article by Dr. Bernhard Seliger, representative of Hanns Seidel Foundation's Korean office, " the need to get rid of energy dependence on Russia - Germany's Energy Crisis and Policy Change" was published on MIDAS. MIDAS magazine is a current affairs magazine that deals with various fields such as macroeconomics, business, people, and culture, including Korean Peninsula and international news content. Dr. Seliger's article will be published in Midas magazine for nearly a year and will share insightful ideas about the Korean Peninsula and international affairs.

 

This article mainly emphasizes that Germany's current energy crisis and Russia's invasion of Ukraine have disrupted its energy plans, explaining that Germany needs to develop renewable energy and establish new policies as soon as possible. Russia and Germany have long been very close in terms of energy supply, but this friendly relationship has changed as relations between Russia and the middle eastern part of Europe deteriorated rapidly. Dr. Seliger said that the Ukrainian war triggered such a shift in thinking in energy policy and that Germany's demand for renewable energy was tense, but there is still a long way to go.

For more information, please visit the Midas magazine website. The full text of the article (in Korean) can be found here.