Energy prices in Europe are repeatedly breaking records even before winter really kicks in, and one of the most damaging cost crunches in history is about to get worse as the temperature starts to drop. A super price spike in the U.K. last month forced some industrial companies to cut production and seek state aid, a harbinger for what could play out widely in Europe just as it contends with a resurgence of the coronavirus.
Similar Stories to Europe’s Energy Crisis Is About To Get Worse As Winter Arrives on Bing News
Rachel Morison / Bloomberg, Time: World
Sun, 11/28/2021 - 11:16am
Topics: u.k fabian roenningen rysted energy.&ldquo covid-19 south africa austria january french power nicolas goldberg colombus consulting paris spain italy britain rolling jeremy weir trafigura group swiss adam lewis hartree partners lp president vladimir putin nord stream gulf lng south korea china october ldquo;beast east&rdquo ldquo;it with francois de beaupuy mathis europe qatar roenningen oslo france february nov ldquo;if germany russia crisis worse winter gas it’s demand there’s cold weather countries supply start grid natural prices flows supplies households blackouts tight exporter system electricity key expected neighboring governments drop starts house state nuclear wind producing resort production market lot biggest possibility pandemic year region top operator trading short availability solidarity gigawatts commodity season fuel warned stores monday
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