Increase in Gas Prices: Impact on EU Countries Varies

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Countries with diversified gas imports and a high share of renewables or nuclear energy are better equipped.

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Vienna - The shock from a possible sharp increase in gas prices will manifest itself differently in individual European Union member states. It will be greater in Central and Eastern Europe, including the Czech Republic. Countries that obtain gas from various sources and have a high share of renewable and nuclear energy will have the advantage. According to the APA agency, this follows from a recent simulation carried out within the framework of…

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The EU member states are differently prepared for the effects of a potential sharp rise in global gas prices. This is shown by a current simulation in the context of a project of the European Spatial Observation Programme (ESPON). Accordingly, countries with a higher share of renewable energy or nuclear energy are better equipped, and it also has a positive effect when gas is sourced from different sources.