The Luxembourg government has decided to cap the increase in gas tariffs and to freeze electricity tariffs in 2023. However, energy prices on the markets are expected to continue to rise. It seems unlikely that Europe will start importing Russian gas again. Also, the OPEC+ countries (major oil producers) have decided on a significant production cut for 2023. All these elements may lead us to believe that energy prices will continue to rise, due to a sustainable decrease in supply.