Examining the Energy Transition Through the Lens of Great Power Competition | Asmeret Asghedom

About the Event: The global energy transition will trigger more competition among great powers—the United States, China, and Russia. Global efforts to transition to low-carbon fuels to meet climate goals have prompted the realization that China is the Saudi Arabia of low-carbon energy manufacturing and exports. The only area of commercial low-carbon energy that China is not yet leading is nuclear reactor and fuel exports, an area in which Russia, the other U.S. adversary, continues to dominate despite its actions in Ukraine. While there has been increased global collaboration and coordination on low-carbon energy and emissions targets, major energy consumers, including the United States, are facing growing competition over resources, such as critical minerals needed for low-carbon technologies, and a race to manufacture and innovate new forms of low-carbon technologies. The United States is currently at a disadvantage, as it is dependent on imports for critical minerals, renewable technologies, and nuclear fuel. The energy transition has the potential to reorder energy suppliers and import dependencies, and countries leading the race to supply the transition will reap the economic and geopolitical benefits traditionally afforded to dominant fossil fuel suppliers. China’s new role as a dominate supplier of the energy transition bodes well for its broader foreign policy initiatives, such as the Belt and Road Initiative and Global Energy Interconnection. Hence, it’s important to examine the energy transition in the context of great power competition to better understand how the world’s changing energy landscape could potentially affect U.S. national, economic, and energy security absent prudent planning. You can find the publication here: https://cgsr.llnl.gov/content/assets/docs/CGSR-Livermore-Paper-12-EnergyTransition-2023.0831.pdf.

About the Speaker: Asmeret Asghedom is the associate deputy director of the Center for Global Security Research (CGSR) at Lawrence Livermore National Laboratory. Prior to joining CGSR, she worked at various positions in the U.S. federal government for over 10 years, focusing on global energy security issues. From June 2018 to January 2022, she was the director of the Energy Security Division in the Department of Energy’s Office of Intelligence and Counterintelligence, managing the production, briefing, and coordination of energy and climate security intelligence products that were briefed to the U.S. president and cabinet officials. From January 2017 to May 2018, she was a production chief and an intelligence analyst in the Energy Security Division, writing finished intelligence products and briefing senior officials, including the secretary of energy, on global energy issues with the potential to impact U.S. national security. From June 2016 to December 2016, she was a policy advisor at the Treasury Department’s Office of International Affairs, focusing on economic policy in the Middle East and North Africa. From November 2011 to May 2016, she was an economist at the U.S. Energy Information Administration, forecasting the production, demand, and price of global crude oil, tracking major supply disruptions, and analyzing geopolitical events affecting global oil and natural gas markets. She holds a BA in political science from the University of Nevada, Las Vegas (UNLV), a BA in journalism and media studies from UNLV, and an MA in international economic development from American University in Washington DC.

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