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Regime Change in European Power and Gas Markets
The HC Commodities Podcast
Energy Dynamics Shift Economic Power
Recent years have seen Europe struggling with high energy prices due to reliance on imports and falling domestic production of gas, which contributes to increased fuel costs. Additionally, Europe's emissions pricing is the highest globally, adding to the economic burden of energy consumption. The combination of these factors has created a competitive disadvantage for Europe, but a recent transition in energy dynamics is expected to have significant implications for the global economic order, indicating a potential regime change.
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