How Europe Can Reduce Reliance On Imported Gas And What It Means For Business Leaders

ING Economic and Financial Analysis5.32K FollowersFollow5ShareSavePlay(23min)CommentsSummaryAs Europe confronts a new energy crisis, we explore key measures to strengthen energy security beyond simply lowering energy bills, and the potential implications for business leaders.Europe now relies on a wider range of suppliers, but paradoxically, the new geopolitical situation still leaves Europe vulnerable.Biogas stands out as a medium- and long-term solution for Europe, supporting a resilient system while reducing Europe’s dependence on imported gas.While Europe is experiencing renewed interest in nuclear power, expanding its nuclear capacity remains a challenging and uncertain long-term endeavour. SanderStock/iStock via Getty Images By Gerben Hieminga, Senior Sector Economist, Energy and Nadège Tillier, Head of Corporate Sector Strategy The EU has several levers it can pull to reduce its exposure to volatile gas markets if the energy crisisThis article was written byING Economic and Financial Analysis5.32K FollowersFollowFrom Trump to trade, FX to Brexit, ING’s global economists have it covered. Go to ING.com/THINK to stay a step ahead. We’re sorry we can’t reply to individuals' comments.Content disclaimer: The information in the publication is not an investment recommendation and it is not investment, legal or tax advice or an offer or solicitation to purchase or sell any financial instrument.This publication has been prepared by ING solely for information purposes without regard to any particular user's investment objectives, financial situation, or means. For our full disclaimer please click here.