18 min listen
Europe’s gas outlook for 2023
ratings:
Length:
37 minutes
Released:
Mar 1, 2023
Format:
Podcast episode
Description
Europe has survived the energy crisis in the past year; however, it is time to look forward and prepare for winter 2023-24. In this episode of The Sound of Economics, Jeromin Zettelmeyer invites Simone Tagliapietra and Ben McWilliams to present their latest paper, where they explore in detail the future of LNG imports, how much natural gas demand must be reduced to avoid crisis. They discuss the sectors which could take cuts in their energy consumption to aid in this preservation.
McWilliams and Tagliapietra paint a sober picture of Europe’s gas supply-demand balance, stating that it will remain on a tightrope walk for the next two years. They also describe the strong and decisive actions that policymakers must continue to take to avoid emergency.
Relevant publication:
McWilliams, B., S. Tagliapietra, G. Zachmann and T. Deschuyteneer (2023) ‘Preparing for the next winter: Europe’s gas outlook for 2023’, Policy Contribution 01/2023, Bruegel
McWilliams and Tagliapietra paint a sober picture of Europe’s gas supply-demand balance, stating that it will remain on a tightrope walk for the next two years. They also describe the strong and decisive actions that policymakers must continue to take to avoid emergency.
Relevant publication:
McWilliams, B., S. Tagliapietra, G. Zachmann and T. Deschuyteneer (2023) ‘Preparing for the next winter: Europe’s gas outlook for 2023’, Policy Contribution 01/2023, Bruegel
Released:
Mar 1, 2023
Format:
Podcast episode
Titles in the series (100)
Brexit: what happens now?: The sound of economics is a series of podcasts about economic policy, brought to you by Bruegel. Each episode will look at a key economic policy debate, discuss why it is important and explore some of the work that Bruegel's researchers have done in th... by The Sound of Economics