War In Ukraine Changes America's Energy Map Cs, This Explanation Of Former Deputy Minister Of Energy And Mineral Resources Arcandra Tahar

JAKARTA Former ESDM Minister Arcandra Tahar revealed that many developed countries are changing their strategy to meet the energy needs of the post-Ukraine conflict which will begin in late 2021.

According to him, the European Union is starting to realize that the energy transition period to net zero emissions requires time and fossil energy cannot be replaced for at least the next 30 years.

The retired steam power plant (PLTU) is back in operation due to energy derived from the wind and the sun has not been able to meet its needs after the pandemic. In 2022 Germany revived the PLTU around 9 GW," he said on Sunday, June 4.

Arcandra explained that the energy crisis that occurred in Europe had an impact on the high price of coal and gas that was urgently needed during winter. It is stated that rising energy prices then encourage high inflation and cause prices for basic necessities to skyrocket.

Subsidies that have been used to help renewable energy can develop well are diverted to fossil energy subsidies. This is a reality that must be accepted by the European Union," he said.

Arcandra said the United States (US) was more or less affected by the conflict in Eastern Europe. He is of the view that until today the US is able to meet their energy needs, especially for gas. Meanwhile, for crude, some are still imported.

"It's a relief but surely, innovation in the management of shale oil and shale gas, has been able to make the US a world oil producing country beat Saudi Arabia," he added.

He said that when President Biden was sworn in as president, US oil production was around 11 million barrels per day (BOPD). In 2022 it will increase to 12 million BOPD and in 2023 it will increase again to 13 million BOPD.

The figure is the latest record in US oil history and is one of the strategic steps carried out by the US to achieve their energy resilience. There is no sign that the US will reduce oil and gas exploration and production activities for at least the next 10 years," he stressed.