European Energy Markets Observatory

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European Energy Markets Observatory

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The 15th edition of the European Energy Markets Observatory covers the whole year 2012 and winter 2012/13. The study shows that the electricity and gas markets in Europe are in a unstable situation, due to the following root causes: A slow economy and decreasing consumption of electricity and gas, the EU Climate and Energy Package, the unconventional gas boom and low gas spot prices in the US, Low CO2 prices.

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