EU natural gas market to remain 'precarious' through next winter, says Baker Institute report

Rice University

Europe is facing high natural gas prices and high uncertainty due to the substantial reduction in Russian imports, and this winter is only the beginning, according to a new report from Rice University's Baker Institute for Public Policy.

After Russia's invasion of Ukraine, energy security is at top of mind for most European policymakers and the general public. The report, from experts at the Baker Institute's Center for Energy Studies, analyzes three scenarios for Germany this winter, through next year and into next winter - and all show the gas market balance as "precarious" throughout.

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