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Energy crisis' long-term concerns did not subside in spite of support of European Union

Although Europe seems to have survived the crisis thanks to the warm winter and the leadership of the EU, its effects have not been erased. European countries may have delayed the crisis for months or even years.

Energy crisis' long-term concerns did not subside in spite of support of European Union

While balancing energy consumption for life support of people and industry (including the steel industry) is important, the addition of sustainable energy facilities and LNG import facilities cannot be completed immediately. It is predicted that the high energy costs of the Russia-Ukraine war will lead to a serious risk of deindustrialization of Europe.

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