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ARCHIVE - Fatih Birol, Executive Director of the International Energy Agency (IEA), speaks during a media conference. Photo: Omar Havana/AP/dpa
Keystone
Due to the acute crisis, the International Energy Agency (IEA) expects a drastic change of direction on the markets, similar to the oil crises of the 1970s.
"I believe there will be a massive response to this crisis on the energy side," said IEA CEO Fatih Birol at the Petersberg Climate Dialogue in Berlin.
"We are facing the biggest energy crisis in history," Birol affirmed. After the oil crises of the 1970s, there was a strategic response. While cars had previously needed 20 liters of fuel for 100 kilometers, consumption had shrunk by half after the crisis. "The focus was on efficiency." Another reaction at the time was the expansion of nuclear power, he added.
Today, we are better prepared for a change in direction than we were 50 years ago. The necessary technologies are available, including renewable energies and electric vehicles, said Birol.
22.04.2026, 16:12
