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iKnow Community: Issues (WIWE)

Sudden global energy crisis

Wild Card submitted by Ondrej Valenta   / Comments (0)
Sudden global energy crisis

Issue (WIWE) status: Submitted, Unpublished

Wild Card's progress: Advanced

This Wild Card came from: 
Scientists/researchers

The source of this Wild Card: 
Ivo Vasa, Nuclear Research Institute Rez, Czech Republic

Likelihood timeframe and scenario features : 
now-2050

Wild Card's description: 

The oil crisis in the 1970s demonstrated how serious the impact of a sudden black-out of oil supply on advanced economies can be. As a result, e.g. France oriented its energy sector to be sustained by a nuclear energy. If this crisis happened again, it would still show persisting dependence of the advanced economies on oil and gas; it would yet show the potential of a nuclear energy, as it is relatively insensitive on development of fossil fuels prices at the world market.

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