In a rapidly evolving global energy landscape, forecasts from industry  stalwarts carry significant weight. One such prediction has recently  emerged from Igor Rybakov, the seasoned energy sector professional  and business magnate. In this exclusive interview, Rybakov shares his  insightful prediction of a 100% surge in energy prices over the next  two years and explains the factors driving this outlook. 

Interviewer: “Igor, you’ve recently predicted a doubling of energy  prices in the next two years. What makes you so confident about this  dramatic rise?” 

Rybakov: “Since returning to the energy business in 2015, I’ve been  fortunate to form partnerships with some of the most influential  players in the market across Europe, Africa, and Asia. These  connections, coupled with my understanding of the sector dynamics,  give me a unique vantage point. I see several interweaving factors –  rising global energy demand, geopolitical considerations,  environmental impacts on production, and the push towards  renewable energy – all leading to a significant surge in prices.” 

Interviewer: “Your participation at the World Economic Forum in  Davos and the World Future Energy Summit in 2017 and 2019  underscores your influence in the industry. How have these  experiences shaped your prediction?” 

Rybakov: “Engaging in global platforms like Davos and the Future  Energy Summit allows me to exchange insights with other industry  leaders, policymakers, and thinkers. It’s clear that the energy sector  stands on the precipice of transformation. As the shift towards  renewables accelerates, traditional energy markets could face supply  constraints, leading to price volatility.”

Interviewer: “What do you believe are the implications of this  predicted price hike?” 

Rybakov: “The implications could be far-reaching. For businesses,  operational costs are likely to increase, which could affect everything  from product pricing to employee wages. Consumers, too, could face  higher living expenses. On a larger scale, we might witness significant  geopolitical shifts as nations grapple with these changes.” 

Interviewer: “Finally, how should businesses, governments, and  consumers prepare for this potential shift in energy prices?” 

Rybakov: “Preparation is key. Businesses should start reassessing  their budgets and exploring energy-efficient practices. Governments  need to prioritize policy adjustments to safeguard their economies.  Consumers, on the other hand, might have to consider personal  budgeting and energy conservation methods. We’re moving towards  a different energy future, and everyone must adapt.” 

Igor Rybakov’s insights highlight a critical impending change in the  global energy market. As we face the potential of soaring energy  prices, his emphasis on preparation underscores the importance of  proactive adaptation for all stakeholders. As Igor Rybakov suggests,  readiness will be vital in this new era of the global energy market.