Back

Commentary from 04/07/2026

Commentary: When energy prices explode and politics acts surprised – a European tragedy foretold

Actually, everyone knew it.

Really.

And yet here we are now, looking at heating bills that read like a bad joke, collectively acting as if all this somehow… came as a surprise. Rising prices for gas and oil – who could have guessed? Oh yes, almost everyone who has dealt with energy policy for more than five minutes.

And now?

Now it’s burning.

Not just in the boilers, but in the social fabric.


Expensive Everyday Life – or: How Energy Becomes a Political Powder Keg

It always starts harmlessly.

A few extra cents per liter of fuel.
An additional charge on the gas bill.
A slightly increased advance payment.

“It’ll be fine,” one thinks.

Until it’s not.

Suddenly something shifts. Not just in the wallet, but in the sense of justice. Because energy is not a luxury good. No one sits in winter thinking: “Today I’ll treat myself to 21 degrees in the living room.” Energy is basic supply. Period.

And that’s exactly where the explosive issue lies.

Because when basic needs become expensive, moods sour. Not slowly. Not gracefully. But with force.

France felt this early on.

The Yellow Vests – a symbol that rising fuel prices are not just an economic indicator, but an emotional trigger. People took to the streets, not because they suddenly wanted to become politically active, but because they simply felt cheated.

And honestly: can you blame them?

Whoever has to commute every day, has no alternative and then is told that higher prices are “ecologically sensible,” will eventually think: Nice in theory – but I still have to get to work.

Germany, on the other hand?

Has tried to plaster over the whole thing with money.

Relief packages. Price brakes. Transfers. A financial bandage on a structural wound.

Does it work?

Maybe in the short term.

In the long term, it feels like trying to repair a leak with duct tape while the water is already knee-deep in the boat.


The Great Illusion of Control

What irritates me most about this whole situation – and yes, also makes me angry – is this political performance of control.

As if they had everything under control.

As if it were only a phase.

As if a few measures could override reality.

Spoiler: They can’t.

The truth is actually quite uncomfortable.

Europe has maneuvered itself into a dependency over decades that was based on a simple assumption: Energy stays cheap.

And that assumption was – surprise – wrong.

Or maybe not wrong, just naive.

Because fossil energy was never really cheap. It was just cheap in an externalized way. The true costs – climate damage, environmental destruction, geopolitical dependencies – were elegantly ignored.

And now?

Now they’re coming back. Like a bill that was ignored for far too long.

With interest.


Germany: Industrial Engine with Energy Shock

Germany appears in this drama like a high-performance engine suddenly running out of fuel.

For decades, economic success was based on a simple formula: strong industry plus comparatively cheap energy.

Chemicals, steel, glass – all these industries rely on stable energy prices. When those suddenly skyrocket, entire business models start to wobble.

And that is exactly what is happening right now.

Companies reduce production. Outsourcing abroad increases. Investments are postponed.

And then you sit there wondering: How could this happen?

Maybe because people relied too long on the system somehow working.

And it did.

Until it didn’t anymore.


France: The Seemingly Stable Alternative

From the outside, France almost looks enviably stable.

Thanks to nuclear energy.

While Germany has exited nuclear power, France continues to rely on it – trying to secure a certain price stability.

That initially sounds like a strategic advantage.

And it is. Partly.

But even here a second look is worthwhile.

Because the French reactors are old. Prone to maintenance. Expensive to maintain. And building new plants takes – surprise – longer than a weekend.

Still, the model seems more robust.

Why?

Because it at least shows an attempt at long-term planning.

And this is exactly what is often missing in the German debate: a clear, consistent line.

Instead, there are changes of direction, compromises, transitional solutions.

A bit of this, a bit of that – and in the end the hope that everything will somehow settle down.

But it doesn’t.


Energy poverty – the quiet drama

While politics and business are debating billions, a very different drama is unfolding in the everyday lives of many people.

A silent one.

Energy poverty.

A term that sounds awkward, but describes a brutal reality: people who can no longer heat adequately. Who save electricity where there is hardly anything left to save. Who have to make decisions like: warm home or full refrigerator?

This is no longer a fringe phenomenon.

It has arrived in the heart of society.

And it doesn’t affect everyone equally.

Of course not.

Those who earn well are annoyed about higher costs.

Those who have little come under existential pressure.

And here it becomes clear how closely energy issues are linked to social justice.

Because what happens if the transformation to a climate-neutral society hits hardest those who are already struggling?

Then it loses acceptance.

And without acceptance?

No chance.


The pressure to transform – finally or unfortunately?

One could now say: At least high prices accelerate the switch to renewable energy.

And yes, that’s true.

Suddenly investments that were previously considered “too expensive” pay off. Suddenly efficiency becomes sexy. Suddenly people seriously talk about hydrogen, grid expansion, storage technologies.

So, all good?

Not quite.

Because this transformation does not come from a calm, strategic process, but from pressure. From crises. From necessity.

And that makes it more chaotic.

More expensive.

More uneven.

One could almost ask sarcastically: Did it really have to come to this?

Couldn’t we have acted earlier, more planned, fairer?

Actually, everyone knows the answer.


Energy as a question of power – and we right in the middle

What is often underestimated: Energy is not just an economic or ecological issue.

It is power.

Whoever controls energy controls dependencies.

Germany has learned this painfully. The break with Russia has shown how risky one-sided dependencies are.

Suddenly everything had to happen fast: new suppliers, LNG terminals, new infrastructure.

And at a pace that one previously could not even imagine.

France, on the other hand, uses its position to present itself as a stable player.

A bit like the neighbor who insulated their house in time, while you were still wondering if it was worth it.


The real crisis – and why it hits us so hard

If you are honest, this is about more than energy prices.

It is about trust.

Trust in political decisions.
Trust in economic stability.
Trust in the future.

And it is precisely this trust that is currently cracking.

Because many people feel: The big promises – affordable energy, stable prices, growing prosperity – no longer fully apply.

That creates uncertainty.

And uncertainty is the perfect breeding ground for frustration.

And frustration?

It will eventually find an outlet.


A little hope – despite everything

As bleak as it all sounds – and yes, sometimes it really feels like quite a mess – there is also another perspective.

The current crisis forces us to change things that have long been overdue.

Renewable energies are gaining momentum.
Technologies are developing faster.
Awareness of the connections is growing.

And maybe – just maybe – something better will emerge from this.

An energy supply that is cleaner. More stable. Fairer.

But technology alone is not enough for that.

Social solutions are needed as well.

Because what good is the best climate policy if it breaks down socially?


And now?

Maybe we should stop pretending to be surprised.

Maybe we should discuss more honestly what is at stake.

And maybe – a really crazy idea – we should think long-term instead of stumbling from crisis to crisis.

Because one thing is clear:

Energy prices are long since no longer a fringe issue.

You decide how we live.
How just our society is.
And how stable our democracy remains.

Or, put another way – a bit pointed, but hey, it fits:

Whoever underestimates energy policy is playing with social peace.

And that is a game we basically can’t afford.

Or do we really want to only react when the streets erupt again?

A comment by MAB