Following the start of the conflict in Ukraine, European countries raced to reduce their reliance on Russian gas, which pushed up prices and led to concerns about energy supplies in winter 2022 to 2023. Having a
We investigated the attention patterns, narrative shifts, and sentiment regarding climate and biodiversity concerning European energy governance on X (formerly Twitter), between 2021 and 2023. We employed the issue鈥揳ttention cycle framework and combined quantitative methods with qualitative thematic ...
The EU Commission estimates that 780 gigawatts (GW) of solar and 510GW of wind power needs to be installed across the region in 2030 to meet the objectives of REPowerEU. However, while renewables build in the EU is expected to grow, spurred on by the energy crisis, BNEF currently ...
Further, we outline what could help to ensure a balanced and stable European energy market through 2023 and put forward three ways in which businesses can help navigate risk in the energy market.Year in review: European energy markets in crisis...
The price crisis, multiplying signs of climate change, and threats to energy security urge us to act like never before. REPowerEU reflects this urgency and provides new momentum for the energy transition. In 2023, the European Energy Efficiency Conference shows the critical role of energy efficienc...
Energy & Environment› Energy European Union energy prices - statistics & facts Choose a region: EU The price that energy customers pay in Europe has never been higher than in 2023. Far from being back at pre-pandemic levels, electricity and natural gas rates were still increasing in the ...
The consequent rise in electricity prices could have existential consequences, with citizens being told that unless the government intervenes, they could be spending upwards of 5,300 pounds ($6,300) per annum by April 2023 once a cap on retail electricity prices is lifted by the energy regulato...
European Energy Crisis Another issue on the table is the “Energy Crisis” in Europe this winter. In part there is a global issue with higher prices for oil and natural gas. When theCOVID-19 Pandemichit the stage, oil and gas production declined due to lowered demand. But demand rose a...
In retrospect, during the winter of 2022 / 2023, conducive weather conditions and behavioral adjustments by consumers collectively reduced the expected energy consumption. Hence, the anticipated stress factors that threatened generation adequacy did not culminate in compulsory supply interruptions (ACER, ...
at risk. The energy crisis threatens toderail the net-zero transition.Semiconductor shortages,technological shortfalls, andlabor shortagesremain. The latest McKinsey scenarios, undertaken in partnership with Oxford Economics, suggest that European GDP will ...