4min chapter

Odd Lots cover image

Pierre Andurand on What Europe Needs to Do This Winter

Odd Lots

CHAPTER

Europe's Energy Market

In europe, one of the other big trends that we've seen is nationalization of energy companies. Does that accelerate the shift to renewables, or does it slow it down? I do suspect the natural gas price is to stay high, generally, for the next two years so, and then go down. Stay elevated, but teing. The first step down will be if we can manage this winter properly. We'll either agree in what wi did with no russian gas already, psychologically the p there will be a large price inpact to natural gas.

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