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Gas and electricity prices are skyrocketing: why and what can we do about it?

For example, Vranken sees that Norway, a major gas supplier, is currently supplying less gas due to maintenance work on many drilling platforms. As a result, Europe has few gas reserves.

In addition, 2021 was still a bad year for green electricity and green energy certificates were bought up en masse, as a result of which gas producers and consumers have to pay much more for this. “All these circumstances together will cause prices to rise considerably”, predicts Vranken.

And we are only September; the energy-consuming winter has yet to begin. Frank Vranken fears that not only consumers will feel a more expensive gas bill, companies that depend heavily on gas may also run into problems. So we hope for an ideal winter, with lots of sun, wind and mild temperatures.

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