New Economy Forum
Europe Needs to Stay Vigilant on Conserving Energy, Engie Says
- While situation improved, gas price volatility seen continuing
- Mild October weather helped Europe refill gas inventories
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Europe shouldn’t let its guard down on conserving energy despite the recent drop in natural gas prices and success in refilling inventories, according to the region’s top operator of gas infrastructure.
“We are in a better situation, but that doesn’t mean we should relax,” Catherine MacGregor, chief executive officer of Engie SA, said at the Bloomberg New Economy Forum in Singapore. “On prices, one can expect continued volatility.”