Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie (Feb 2023)
SOME CONSIDERATIONS ABOUT THE ACTUAL ENERGY CRISIS IN THE WORLD
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.