Currently energy prices in Europe are going up like a rocket. This threatens to derail any economic recovery on the continent. As a series of market, geographic and political factors have formed into a perfect storm, winter is coming towards the continent.High energy prices in Europe might affect the energy situation of the Miniconomy Federation. However analysts are not yet able to predict what the exact consequences might be for the Federation. Will European leaders beg for mercy and lucrative energy contracts? Or will there be a different effect? National governments should prepare for both the best and the worst situation.