Forecast 2030: Massive Potential of German-Russian Energy Trade


There has been enormous growth in German-Russian energy trade to date.

Both Russia and Germany benefit from increased cooperation on energy issues.



1. Forecast for the oil and gas industry


Delays are to be expected with the Nord Stream 2 pipeline. Construction has stalled, and we don’t know how much gas will ultimately be routed through Ukraine or what compensation will be paid for reduced transit volumes. 

Germany would have to decide on the parameters of its domestic energy market. Of particular importance is the shape and structure of Germany’s own electricity market. This would include a detailed analysis. The focus should be on the extent to which Germany is able to provide enough electricity from wind and solar power to meet the needs of industry and commerce. Both industry and commerce require a constant supply to ensure production volumes. After all, Germany is a major producer of industrial products for the rest of the world. Energy costs are fixed costs for heavy industry and thus remain an important cost factor.


2. Great potential for a larger Euro-Asian power grid and the Silk Road Initiative.


Will Germany participate in more far-reaching initiatives, in the manner of a far-reaching transnational energy cooperation? Such an initiative could eventually develop into a Eurasian power grid. This has been proposed at various stages by various intergovernmental bodies and governments themselves.

At this stage, it is difficult to say whether there will be such an initiative in the future. There are different opinions within Germany and in the broader context, the European Union. But we are seeing the first hints of a pan-Eurasian power grid. Right now, China is connecting the Eurasian continent through various energy and telecommunication networks, which is closely related to the Silk Road initiative.

Both Russia and Germany may have an interest in participating in this initiative, but to different degrees. Such an initiative can facilitate and promote trade with neighboring countries. Energy costs can be reduced due to economies of scale and competitive advantages of each party within this framework. 


3. Russia’s energy outlook looks bright


Russia will continue to be a major energy exporter to Europe and to East Asia. The growth of the East Asian economy simply gives Russia another leg to stand on, helping to diversify its sources of income. This is important because it gives Russian energy companies the long-term security of agreements. This allows Russian energy companies to invest in new projects that require more capital to invest, which in turn provides energy security for energy buyers. Russia performs very well in all energy sectors, and these include uranium, coal, oil, gas, hydropower, solar energy. Russia will maintain this enviable position in the energy industry in the 2020s, 2030s, and 2040s and remain a major exporter of energy commodities.


Many thanks for the shared interest in the energy world!



This article is meant to inform the reader of recent developments in the energy industry at large. We take great pride in our work. Despite all this, we would like to point out that we do not guarantee the reliability of the content on this website.
Please note that the information presented on this site reflects the opinion / views of the author himself. No relationship to artists, authors, companies, institutions or organizations can be inferred from these texts, illustrations, images and presentations. 
The contents are not to be understood as business advice in any form. The author does not put forth investment recommendations. This article should not be taken as investment advice and the author cannot be held to account for investments made. For more information, please refer to the Legal Disclosure and Privacy Policy, which you can click on or find at the top of this page in the menu bar. 

Email (case-based consultation and support): 
support@boegelsackenergy.com

Whether advice can be provided depends on the specifics and particular subject matter of each individual case.

COPYRIGHT CONTACT: Please contact us by email or phone if you would like to use the following content: i. Energy industry texts and energy industry articles, ii. Presentations (PowerPoints / PDF documents) and iii. Images (i.e. images of power plants and industry). 
COPYRIGHT: Please note that these texts, reports, presentations, including presentation layouts and presentation designs, and images are subject to copyright. Please contact the website owner if you wish to use copyrighted content. For copyrighted content, permission from the content owner is required. 
GEOGRAPHIC MAPS, MUSIC, VIDEO CONTENT OF WELDER IN THE INTRODUCTION VIDEO, PRIVACY POLICY AND LEGAL DISCLAIMER (BOTH GERMAN AND ENGLISH): Geographic maps, music and video content of the welder in the introduction video, privacy policy as well as legal disclaimer (both German and English) have been provided by third party providers. Geographic maps, music and video content of the welder in the introduction video, privacy policy as well as legal disclaimer (both German and English) are NOT part of the offer. They are not part of the Boegelsack Energy portfolio.


Your subscription could not be saved. Please try again.
Your subscription has been successful.

Newsletter

Subscribe to our newsletter and stay updated.

Wir verwenden Sendinblue als unsere Marketing-Plattform. Wenn Sie das Formular ausfüllen und absenden, bestätigen Sie, dass die von Ihnen angegebenen Informationen an Sendinblue zur Bearbeitung gemäß den Nutzungsbedingungen übertragen werden.