A Renaissance of Fossil Fuels: Consequences of Europe’s Energy Market Panic
... books additional gas transit capacity through Ukraine, these factors can only have a marginal effect on the overall cost of energy commodities. Graph 1 . Natural Gas Prices in 2017–2021 (USD/MMBtu) Source: Thomson Reuters Gas Prices: In Circumvention of the Rules? The high cost of gas in Europe became apparent early in 2021 as European countries were exhausting their gas reserves after the relatively cold winter of 2020/2021. At the same time, industries in Europe, as well as the economic activity ...
04.10.2021