How to design EU-level contingency plans for gas shortages? Evidence from behavioural economics, policy research and past experience
Summary:
In this policy report, we lay out suggestions for the European Union to prepare for possible cuts in gas supply from Russia in the context of the war in Ukraine. Such cuts will result in physical shortages of gas and so, potentially the need to limit consumption and at worst, rationing of gas. We draw on historical examples of managing demand and consumption, from energy and other policy areas, and suggest steps that can be taken to design an acceptable and efficient gas saving scheme.
- Published year: 2022
- Publisher: DIW Berlin
- Page count: 13
- Language: English
Written by
Kacper Szulecki
Research professor