This week, Michaela, Jan and David are joined by Dennis Hesseling from the EU Agency for the Cooperation of Energy Regulators (ACER). The last few months Europe has seen rocketing energy prices, bankrupt utilities and questions over Europe’s energy security. Gas prices increased 400% between April and October 2021. Power prices meanwhile increased by 200% — mainly due to the inflated gas prices. In this episode we talk about what has caused the crisis, how Europe can avoid a similar situation from happening again and how the European Union has reacted. We also touch on the future of gas infrastructure and discuss the idea of whether green hydrogen can act as a replacement.