European Energy Crisis and China’s Strategy

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Abstract Energy is an important cornerstone for the development of human society and is crucial for the development of a country's economy and society. In the past decades, European countries have been dependent on Russian gas imports to meet their energy needs. However, changes in the international energy geopolitical landscape and adjustments in Russia's energy policy, coupled with U.S. and Western sanctions against Russia and Russian counter-sanctions due to the Ukraine crisis, have further complicated the already severe energy supply and demand situation in Europe, leading to increased energy supply uncertainty and sharp increases in energy prices in several European countries, especially in natural gas energy. Energy uncertainty and risks have turned into a serious energy crisis. The European energy crisis not only has a direct impact on the economic and social development of European countries, but also greatly affects the global energy supply and demand pattern, global economic trade and industrial chain and supply chain security. A deep understanding of the causes of the European energy crisis and the strategies and measures taken by European countries to cope with the energy crisis has important implications for us to avoid energy risks.

Published: 25 December 2024

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http://www.coag.com.cn/EN/ OR http://www.coag.com.cn/EN/Y2023/V30/I6/68

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