How to create an energy miracle

The author contends that while the global energy landscape has shifted toward renewables due to economic competitiveness and geopolitical changes, further progress requires a move away from subsidies toward R&D and binding commitments. Lithuania is cited as an example of a state that has transitioned to over 50% renewable energy production and improved reliability through interconnections with Poland and Sweden.

• Lithuania has transitioned to a state where renewable energy sources provide more than 50% of its total electricity and heat production. The country planned to double its wind energy capacity and expand biomass exchange in 2016, while improving reliability via electricity interconnections with Sweden and Poland.
• The author identifies four requirements to achieve a clean energy transition: full employment of existing infrastructure (including LNG terminals and interconnections), leveraging political consensus from the EU Energy Union and COP21, significantly increasing R&D funding to support energy start-ups, and establishing legally binding, scientifically based roadmaps to prevent 'free-riding'.
• Recent geopolitical and economic shifts have accelerated the energy transition, specifically the impact of American shale on energy geopolitics and China's transition into the world's leading exporter and manufacturer of solar panels.

APA

Grybauskaite, D. (2016). How to create an energy miracle. World Economic Forum. https://www.weforum.org/stories/forum-institutional/how-to-create-an-energy-miracle/

Chicago

Grybauskaite, Dalia. How to create an energy miracle. World Economic Forum, 2016. https://www.weforum.org/stories/forum-institutional/how-to-create-an-energy-miracle/.

Wikipedia

{{cite press release |last1=Grybauskaite |first1=Dalia |title=How to create an energy miracle |publisher=World Economic Forum |date=18 January 2016 |url=https://www.weforum.org/stories/forum-institutional/how-to-create-an-energy-miracle/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{grybauskaite2016how, author = {Grybauskaite, Dalia}, title = {{How to create an energy miracle}}, publisher = {World Economic Forum}, year = {2016}, month = jan, url = {https://www.weforum.org/stories/forum-institutional/how-to-create-an-energy-miracle/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }