Macro Trends

Europe Pushes Ahead With Russia-Fueled Energy Reset

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Europe’s energy system is enduring its largest shock in recent history. In its push to end dependence on Russian energy, the bloc has already dramatically reordered its energy mix and even greater changes look inevitable as Europe’s goals to cut carbon emissions align with its urgency to reduce overall energy imports. Progress on gas substitution has been rapid and Europe's renewable build-out has reached record levels. Shifts in energy market fundamentals and increasing costs present challenges but are not insurmountable.

Low-Carbon Policy, Policy and Regulation, Gas Supply, Gas Demand, LNG Supply
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