Next Year's Energy Crisis.

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    • Subject Terms:
      ENERGY shortages; ENERGY conservation; NATURAL gas reserves; NATURAL gas storage; DEVELOPING countries
    • Abstract:
      For policymakers grappling with global energy shortages and households scrambling to pay record-high utility bills, some unwelcome news: this year's energy crisis is going to look mild compared with that of winter 2023 - 2024. Utilities can neither raise prices on consumers without regulatory approval nor buy fuel imports with unchecked debt under existing laws that prevent risky behavior by critical service providers. Notwithstanding a current drop in natural gas prices, Russian President Vladimir Putin is enjoying record energy revenues - over €200 billion since the start of the war on Feb. 24. [Extracted from the article]
    • Abstract:
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