Three years on: How Russia's invasion reshaped energy prices across Europe
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Euronews.com
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The ongoing war between Russia and Ukraine, which began on February 24, 2022, has significantly impacted energy prices in Europe. The share of Russian pipeline gas in EU imports has dropped from over 40% in 2021 to about 8% in 2023. Electricity prices in EU capitals have risen by an average of 36% from early 2021 to January 2025, with notable increases in cities like Amsterdam and Rome. In contrast, some cities like Madrid and Budapest have seen declines in electricity prices. Gas prices have also been volatile, with significant increases recorded, particularly in Amsterdam. Various measures have been implemented across Europe to stabilize prices, and experts emphasize the importance of renewable energy integration for long-term stability. Teljes cikk (Euronews.com)