A Renaissance of Fossil Fuels: Consequences of Europe’s Energy Market Panic

... reinstallation of coal-fired power plants will also help alleviate the shortage in energy supply. Nonetheless, natural gas, the main “transition fuel” on the path to a low-carbon economy, will remain at the core of debates. Europe will still compete with Asia for the LNG shipments remaining on the market, although it is unlikely to be willing and able... ... few factors that could improve the situation in Europe, which will fuel greater interest in Nord Stream 2. The ardor of traders may temporarily be cooled if the requirements...