3min chapter

Switched On cover image

Graichen on Germany’s Way Out of the Energy Crisis

Switched On

CHAPTER

The Energy Crisis in Europe and Transition Opportunities for Europe

Germany's state secretary of the ministry for economic affairs and climate action, Dr Patrick Greiken. He joins us to discuss some of the policy responses to the ongoing energy crisis here in Europe. Mr Greiken: The real cause of the crisis is very simple. We're lacking 130 BCM of gas from Russia - that means high gas prices. And it will take a while until global markets have rearranged.

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