Podcast

How should the European Union’s industry respond to the energy crisis?

Having weathered the 2022 energy crisis, it is time to consider its longer-term repercussions on the European Union’s industry.

Publishing date
17 May 2023

In 2022, Europe managed to safeguard the security of energy supply during a turbulent time for the energy sector. Moreover, the EU industry has, also thanks to public support, remained resilient beyond expectations. As the peak of the crisis seems to be behind us, Europe now needs to assess its longer-term industrial repercussions.

In this episode of The Sound of Economics, Jeromin Zettelmeyer invites Georg Zachmann and Giovanni Sgaravatti to explore the impact of energy crises on European industry and how to address these challenges.   

Relevant publication:

Sgaravatti, G., S. Tagliapietra and G. Zachmann (2023) ‘Adjusting to the energy shock: the right policies for European industry’ Policy Brief 11/2023, Bruegel

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Dataset

European natural gas imports

This dataset aggregates daily data on European natural gas import flows and storage levels.

Georg Zachmann, Ben McWilliams, Ugnė Keliauskaitė and Giovanni Sgaravatti