Many had hoped that the transition from fossil fuels to renewable energies would only gradually drive up energy prices. In the view of strategists at Natixis, it is likely that both fossil fuel prices and renewable energy prices will remain high.

Very high energy prices

“It is now becoming clear that both fossil fuel and renewable energy prices probably will be high, because: Investment in fossil fuels has fallen markedly, and there will be a shortfall in fossil fuel supply; Investment in renewable energies is insufficient.”

“Unfortunately, the prices of both types of energy are likely to remain high for a long time.”