SOME CONSIDERATIONS ABOUT THE ACTUAL ENERGY CRISIS IN THE WORLD

Sanda Gheorghe Gabriel
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Sanda Gheorghe Gabriel: CONSTANTIN BRANCUSI UNIVERSITY OF TARGU-JIU

Annals - Economy Series, 2023, vol. 1, 147-150

Abstract: Energy markets began to tighten in 2021 because of a variety of factors, including the extraordinarily rapid economic rebound following the pandemic. But the situation escalated dramatically into a full-blown global energy crisis following Russia’s invasion of Ukraine in February 2022. The price of natural gas reached record highs, and as a result so did electricity in some markets. Oil prices hit their highest level since 2008.

Keywords: Energy Crisis; Global Economies; low investment (search for similar items in EconPapers)
Date: 2023
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Citations: View citations in EconPapers (2)

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