Similar Stories to What’s Behind Europe’s Skyrocketing Power Prices: Quicktake on Bing News

By Lars Paulsson | Bloomberg, Washington Post: Business
Thu, 09/16/2021 - 11:42pm

Europe’s energy ambitions are clear: to shift to a low-carbon future by remaking its power generating and distribution systems. But the present situation is an expensive mess. A global supply crunch for natural gas, bottlenecks for renewable energy and wind speeds in the North Sea among the slowest in 20 years, idling turbines, have contributed to soaring electricity prices.

Topics: north sea europe power prices energy

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