European gas imports leave heavy industry exposed to price shocks

Industrial natural gas prices including grid costs across selected EU countries from 2025 to 2050

European gas imports account for approximately 85% of the region’s natural gas supply, leaving industry exposed to international prices and geopolitical disruption. Steel, chemicals and cement currently obtain around 75% of their energy and feedstock requirements from fossil sources. The report argues that this dependence threatens industrial resilience as Europe confronts more volatile global energy markets. Why we chose this […]

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