Russia’s gas squeeze: a moment of truth for Europe

Financial Times LogoFinancial Times1w ago

Russia’s gas squeeze: a moment of truth for Europe

Quick Summary

Many capitals believe the Kremlin is using energy to exert pressure as its troops wage a war of attrition in Ukraine.

But many governments could do more through carefully targeted information campaigns to help consumers understand how to conserve power, and explain the real reason, beyond climate efforts, why prices are so high.

Bureaucracy needs streamlining, and investment accelerated in modernising power grids and developing storage so they can cope with higher levels of intermittent renewables.

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Article Details

Author / Journalist: The editorial board

Category: MarketsFinanceInvesting

Topics: Germany Energy Financial Power Russia Renewables Climate Governments Clean Cent

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-23, 09:18:31

News Timezone: GMT -5:00

News Source URL:

Language: English

Reading Time: 4 minutes read

Article Length: 699 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 5661

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About Financial Times

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