Quote:
Originally Posted by Street Pharmacist
More and more I'm starting to think these high energy prices will make countries think harder about energy independence and every supply less linked to commodity price risks. It's a different equation for fossil fuel producing areas of course, but Europe for sure will want off the roller coaster.
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Instead so Europe can be on the rollercoaster that is wind and solar?
Europe's problems isn't that it spent too little on wind and solar, it's that it spent too much on it when they are unreliable and allowed (forced) many of their reliable generators to retire without being replaced. It also didn't helped that they effectively gave up on natural gas exploration and content to let what they have die out.