Europe

Europe Expected to Head Into Another Energy Crisis in 2025

Europe Expected to Head Into Another Energy Crisis in 2025
The Astora natural gas depot is pictured in Rehden, Germany, on March 16, 2022. Fabian Bimmer/Reuters
Panos Mourdoukoutas
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News Analysis

Europe is expected to head into another energy crisis in 2025 due to a tighter market for liquefied natural gas (LNG), meaning another round of price hikes at a time when Europe’s fragile economies are striving to shake off an earlier round of price hikes.

Panos Mourdoukoutas
Panos Mourdoukoutas
Author
Panos Mourdoukoutas is a professor of economics at Long Island University in New York City. He also teaches security analysis at Columbia University. He’s been published in professional journals and magazines, including Forbes, Investopedia, Barron's, IBT, and Journal of Financial Research. He’s also the author of many books, including “Business Strategy in a Semiglobal Economy” and “China's Challenge.”