Indigo Swan Energy Report (3)
- On the 24th of Feb, Russia invaded Ukraine
- Significant Gas and Electricity price increases
- Uncertainty as to the direction and scale of future price movements
On the 24th of February, President Putin announced the military operation which saw Russian troops invade Ukraine from multiple points, targeting sites of strategic importance.
The scale of the operation would indicate that their intention is to replace the democratic government with their own.
The reaction from most countries has been condemnation and increased sanctions to target organisations, individuals, finance, and strategically targeted exports to Russia. At this time measures have stopped short of restricting exports of Gas.
The scale of the operation would indicate that their intention is to replace the democratic government with their own.
The reaction from most countries has been condemnation and increased sanctions to target organisations, individuals, finance, and strategically targeted exports to Russia. At this time measures have stopped short of restricting exports of Gas.