The global energy transition brings with it fundamental and systemic changes that are transforming value chains and trade and financial flows. As this process unfolds, each country faces its own unique challenges. With fossil raw materials set to lose value within the foreseeable future, resource-rich countries will have to address the threat of "stranded assets". The countries of the Global South, on the other hand, must make up lost ground in the field of low-carbon technologies. What is more, non-OECD investment in renewable energy infrastructure is concentrated in just a handful of countries, including China, India and Brazil. In a nutshell: Some countries are better positioned than others to make the transition to a renewable energy future.
Among other issues, the research group Energy Transition and the Global South addresses the following questions: What challenges must countries in the Global South, in particular, overcome as they transition towards low-carbon economies? What risks does the global energy transition present for countries less able to attract the necessary capital? How can we facilitate the transfer of low-carbon technologies and drive economic value creation? What role can international initiatives play in this process? How do decarbonisation pathways interact with geo-economic and geo-political issues in general, and economic and security ambitions in particular? And how do these issues resonate with normative concerns such as energy justice? To address these questions, the research group applies a transdisciplinary, multi-methodological approach that encompasses scenarios, quantitative analyses and qualitative national case studies.