European countries have been successfully adapting to new realities in the energy market and reducing their dependence on Russian gas , Bloomberg reports. Even with gas transportation problems through the Middle East, gas prices for Europe remain stable and the cost of electricity has not undergone significant changes.
European countries have decided not to wait for events and are active to reduce their dependence on Russian gas. They develop record volumes of gas stocks, use renewable energy sources and improve consumption efficiency.
One of the reasons for success is the active use of renewable energy sources. Diversification of energy sources allows Europe not only to ensure stability in the field of energy, but also to reduce the impact of geopolitical factors on its energy market.
However, it is noted that a new approach to energy policy, including the use of various sources and liquefied gas, can increase the uncertainty on the market. European countries are becoming more dependent on external factors, such as geopolitical and energy supply.
One of the key events that affects the situation is the end of the gas transit agreement between Russia and Ukraine at the end of 2024. This can lead to an additional decrease in gas coming to Europe from Russia.
"We are still very careful about what will happen next," said Stefan Rolle, Head of Energy Policy of the German Energy Policy. Despite its success, it is important to continue monitor the situation and improve strategies to ensure the stability and reliability of Europe's energy sector.
