What is your name and DG?
Cillian O’Donoghue, DG Energy
What is your Idea That Matters?
Energy, why diversification matters!
Energy diversification: why it matters by Cillian O'Donoghue is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported License
In Serbia today the number one cause of death amongst women over 65 is energy poverty. Unable to pay their heating bills many literally freeze to death during the harsh winter. Despite being one of Europe’s poorest countries, Serbia pays the highest gas prices in Europe. The reason lies in lack of diversification with the supplier of Serbia’s gas enjoying a market monopoly allowing it to largely dictate the price. This situation is symbolic throughout Europe where the poorer half of the continent (the Central Eastern Europe CEE and South Eastern Europe SEE) faces much higher gas prices than their Western counterparts.
Back in 1913 Winston Churchill said that energy security ‘lie in variety and variety alone’. Since Churchill’s statement over 90 years ago, the definition of what is energy security has expanded, with energy security now representing a major part of the broader relationship between nations and how they interact with one another. Yet till this day the key to energy security remains diversification and this principle is an idea that still matters.
What is your favourite TED talk and why?
David Brooks, he is a fantastic journalist and author. He gave an excellent presentation on his book the social animal, a thoughtful and original study on social mobility and success. He adapts a critical perspective which unfortunately too many journalists lack while too many academics overindulge in.
Where can we find you online?
In a professional sense then LinkedIn, just google Cillian O Donoghue.