With winter at our doorstep, we are all worried about high energy prices, which have been soaring, since the onset of Russia’s war in Ukraine.
Before Russia invaded Ukraine, the EU imported more than 40 % of its gas from Russia. These deliveries are all but gone, a decision taken in Moscow, not Brussels.
As a consequence, the EU has to look elsewhere for its natural gas imports.
The gas shortage is not only increasing the price of gas itself, but also that of electricity.
🔎 Dig deeper into high energy prices in the EU on our blog: [ Ссылка ]
📲 Or find publications on our EPRS app:
• iOS: [ Ссылка ]
• Android: [ Ссылка ]
#energyprices
#russiaukrainewar
CONTENT:
00:00:00 Introduction
00:00:12 High energy prices
00:00:41 Europe's gas import infrastructure
00:00:54 Liquefied natural gas (LNG)
00:01:24 Gas shortage and electricity prices
00:02:01 Reducing energy demand
00:03:07 Looking to the future
