The Global Energy Crisis and Its Strike Against the P&P Industry, Paper360º January/February 2023
From individual consumers to executive meetings at major companies, energy consumption, the crisis that follows it, and the uncertainty of the future have been the recent “matters of the moment” in Europe. The latest developments regarding the sabotage of the Nord Stream pipe-lines make it very unlikely, if not impossible, that the natural gas crisis will be over in the short term. In August 2022, prices hit the worst spike Europe has seen in years as they reached €340/MWh (equal to about US$351/MWh)—creating costly consequences for both households and businesses.
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