Oil crisis: More North Sea drilling won't cut UK oil price - Dr Fatih Birol

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Dr Fatih Birol, Executive Director of the International Energy Agency, visited Chatham House on 21 May to discuss the continuing Strait of Hormuz crisis, US energy policy, the global impact of renewable energy and artificial intelligence, and the UK’s own energy security debate. Asked his position on the UK’s energy policy, Dr Birol said ‘the future of the UK energy system is electrification’, which might be powered by renewables, nuclear energy and natural gas. ‘If the UK wants to be a strong, sovereign industrial country I see electrification as the future,’ he said. 🎦 https://youtube.com/live/zMwxJuCCtKE?feature=share #NorthSeaOil #FatihBirol #EnergySecurity #UKPolitics #IEA #EnergyCrisis #oilcrisis #ClimatePolicy #ChathamHouse --- Chatham House is a London-based international affairs think-tank. Its mission is to address geopolitical challenges and international problems, aiming to help governments and societies build a secure, sustainable, prosperous and just world. Find out more about our mission and values here: https://www.chathamhouse.org/about-us/our-mission-and-values?utm_source=youtube&utm_medium=referral&utm_campaign=comms