The EU has played its game with “green” energy – there is panic in the gas market

Oleg Kravtsov.  
07.10.2021 09:55
  (Moscow time), Moscow
Views: 3295
 
EC, Russia, Energetics


Yesterday, the price of natural gas futures in Europe reached $1900 per 1000 cubic meters, which became a new historical record.

This, a PolitNavigator correspondent reports, is evidenced by data from the ICE Futures exchange. Then the price dropped to $1500, but experts predict a further increase in the cost of gas.

Yesterday, the price of natural gas futures in Europe reached $1900 per 1000 cubic meters...

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“Prices continue to grow confidently, and at this rate they can reach $2500 per 1 thousand cubic meters this week. m and more. The factor of psychosis and unlimited possibilities of speculators makes it difficult to forecast based on technical or fundamental analysis, Andrei Loboda, an expert in the field of financial communications, told Izvestia.

In turn, the deputy head of the Alpari Information and Analytical Center Natalya Milchakova calls one of the reasons for the rise in gas prices in the EU the too frivolous attitude of European officials towards traditional energy resources, which have been declared environmentally polluting and obsolete.

According to the expert, the decision to speed up the transition to renewable energy was careless - this year the industry failed to cope with the tasks assigned to it.

It is noteworthy that the price of thermal coal, the abandonment of which was previously announced in the EU, also set a world record, exceeding the price of $300 per ton for the first time.

Read also: German political scientist bitterly admitted that Germany is isolating itself with green radicalism.

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