No. 002
European Energy Crisis
STATE OF PLAY
Last updated: March 1, 2026
European gas storage levels stand at 58% — below the five-year seasonal average. Renewable capacity additions hit a record in 2025, but grid infrastructure investment lags behind. Energy poverty affects an estimated 41 million EU households. The EU Energy Commissioner has called for a new emergency protocol before the 2026–27 winter.
58%
Gas storage level
41M
Energy-poor households
€340B
Renewables investment 2025
-23%
Russian gas dependency
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