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Middle East unrest sends gas prices up – Tekniq wants to make Europe independent with green energy

The gas price has increased by over 30 percent since Friday, and this underlines the need to accelerate the green transition, according to the business organization.
3. MAR 2026 15.11
Energi
Gas
Onshore
Solceller

Military action in the Middle East and the risk of a closure of the Strait of Hormuz have sent European gas prices up by more than 30 percent since Friday. According to Tekniq, the development shows how vulnerable Europe remains to international conflicts and fluctuations in energy markets. Therefore, further pace should be set on electrification, energy efficiency and the expansion of solar and wind energy.

- Europe needs cheap and renewable energy to ensure its competitiveness in the future. The goal of making Europe more self-sufficient in energy is crucial for our future security and economic stability. By reducing our dependence on imported energy, we can strengthen our competitiveness and ensure a sustainable future, says Troels Blicher Danielsen, CEO of TEKNIQ.

TEKNIQ points out that, according to the organization, a strengthened European production and storage of green energy is the path to greater energy independence and more stable prices for both citizens and companies.

- The best insurance against low gas stocks and fluctuating world market prices is to produce our own green energy, store it and use it efficiently. This is the only way to real independence and stable prices for both citizens and businesses in Europe, says Troels Blicher Danielsen.

 
 

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https://www.doi.dk/en/havenergi/artikel/mellemoestlig-uro-sender-gasprisen-op-tekniq-vil-goere-europa-uafhaengigt-med-groen-energi

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