Europe’s energy crisis
Is Europe’s energy price surge here to stay?
Since late 2021, European households’ gas and electricity bills have climbed to unprecedented levels. However, given the uncertainty of future Russian gas supplies and several other factors, the situation ahead does not look much rosier. How did we get here? And what should Europe do to get out of this crisis, in the short and long-term? Bruegel’s own Giuseppe Porcaro, Simone Tagliapietra and Georg Zachmann discuss with Agata Łoskot-Strachota, Senior Fellow of Energy Policy at the Centre for Eastern Studies, Poland.
Read more:
- McWilliams, B., Sgaravatti, G., Tagliapietra, S. and G. Zachmann (2022) ‘Can Europe survive painlessly without Russian gas?’, Bruegel Blog, 27 January
- McWilliams, B., G. Sgaravatti, G. Zachmann (2021) ‘European natural gas imports’, Bruegel Datasets, first published 29 October, updated regularly
- Sgaravatti, G., S. Tagliapietra, G. Zachmann (2021) ‘National policies to shield consumers from rising energy prices’, Bruegel Datasets, first published 4 November, updated regularly
Related content
One grid to rule them all? The future of a European single electricity market
Envisioning a better-integrated European electricity market
Key takeaways from China’s Two Sessions
Unpacking China’s biggest annual political event
European natural gas imports
This dataset aggregates daily data on European natural gas import flows and storage levels.
1982: the debt crisis that could have destroyed Western banking
What we can learn from four decades of financial turmoil and recovery