4min chapter

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Germany's Secretary of State for the Energiewende - Ep88: Patrick Graichen

Cleaning Up: Leadership in an Age of Climate Change

CHAPTER

Gas Prices - Are They Going to Be Back to Where They Are?

In three or five years, I would argue that there's no reason to believe gas prices wouldn't be back to where they were. We are going to be using North Sea oil, North North Sea offshore wind and maybe some Mediterranean rim solar. That's the only importance of either renewable electricity or hydrogen that we'll be able to afford. And even then, we probably won't be able to afforded them. It is a huge challenge not only for Germany, but for the whole of Europe.

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