Europe is currently grappling with a severe energy crisis driven by multiple factors. The continent’s reliance on gas supplies from Russia has dwindled, exacerbating the situation. Coupled with increased energy demand and lower-than-anticipated output from renewable sources, this has caused energy prices to skyrocket. The repercussions are widespread, impacting households and businesses alike. As Europe navigates through these challenges, urgent measures are being explored to stabilize energy markets and mitigate the economic impact on consumers and industries.