- The electricity sector is facing a “perfect storm”, with sky-high gas prices hitting the margins of European power companies at a time when more than €100 billion in investments are needed annually to drive the green transition, the industry says.
- Utilities sell most of their power years in advance to guarantee a certain price.
- Lack of liquidity is not only a problem for energy firms – it also risks derailing the EU’s green transition.
Power firms warn about ‘unprecedented’ liquidity crisis in Europe
