Thomas, Stephen ORCID: 0000-0002-0011-0504 (2022) European Commission response to the energy crisis of 2022. Discussion Paper. Public Services International Research Unit (PSIRU), University of Greenwich, London.

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Abstract

The increase in gas prices from 2021 onwards, exacerbated by Russia’s invasion of Ukraine in 2022 and other energy supply problems have led to a triple-headed crisis of: energy affordability; reliability of energy supply; and climate change. Measures that will help alleviate these problems – unaffordable prices, risk of blackout and failure to meet greenhouse gas reduction targets - will also have political advantages if they reduce the EU’s dependence on Russian gas. This paper reviews the proposals put forward by the European Commission aimed at getting through the winter of 2022/23 to reduce the extent of welfare and economic consequences resulting from high energy prices

Item Type:	Monograph (Discussion Paper)
Uncontrolled Keywords:	energy price; natural gas; European Commission
Subjects:	H Social Sciences > HC Economic History and Conditions H Social Sciences > HD Industries. Land use. Labor > HD61 Risk Management J Political Science > JN Political institutions (Europe)
Faculty / School / Research Centre / Research Group:	Faculty of Business
Last Modified:	21 Jun 2024 09:52
URI:	http://gala.gre.ac.uk/id/eprint/37893

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