Never in contemporary history have gas prices been so high in Europe.
The million BTU (British thermal unit, the unit of account for gas, which represents 293 kWh) went from 4.45 dollars on average over the year 2019, to 36.6 for 2021 (with a peak at 56 dollars in December).
There is a structural shortage, which European governments are beginning to take stock of.
How should Europe, all of whose countries are interconnected, organize itself to deal with it?
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Could Europe do without Russian gas?
Europe today depends, at a little less than 40% of its total supply, on Russian gas.
It should be understood that 21% of electricity production in Europe is gas-fired (26% for nuclear, 13% for coal, 13% for hydraulics, 26% for modern renewable energies).
In addition to degrading the quality of the air by its fine particles, the combustion of coal emits twice as much CO2 as gas.
Germany, which abandoned nuclear power after the Fukushima tsunami of 2011…
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