Electrifying Ambitions Meet Tough Reality in Europe | HappeningNow.news

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Electrifying Ambitions Meet Tough Reality in Europe

European Union leaders are among the most enthusiastic proponents of maximum electrification to reduce dependence on imported energy commodities. A lot of EU policy pursues precisely that.

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Summary

The EU wants electricity at 46% of final energy use by 2040, but a wind lull sent power above €600/MWh and gas storage is thin heading into winter.

Read original at OilPrice

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