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Ben McWilliams (Bruegel) on the EU's natural gas demand and supply

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Afleveringplaatje van Ben McWilliams (Bruegel) on the EU's natural gas demand and supply

As Dr. Fatih Birol, the IEA’s Executive Director, stated it in the previous episode: the EU’s reliance on Russian energy, especially natural gas, was a monumental historic mistake. Prior to 2022, the country accounted for over 40% of the EU’s natural gas supply. Last year the Russian share fell to approximately 15%. To achieve this the EU significantly reduced its demand and replaced Russia with other suppliers. But, at what cost? And which sectors have reduced their demand the most. And how? I put these and other questions to Ben McWilliams, an economis… Lees meer