- Heavy reliance on wind power, coupled with a shortage of natural gas, has led to a spike in energy prices
"Natural gas and electricity markets were already surging in Europe when a fresh catalyst emerged: The wind in the stormy North Sea stopped blowing.
The sudden slowdown in wind-driven electricity production off the coast of the U.K. in recent weeks whipsawed through regional energy markets.
Gas and coal-fired electricity plants were called in to make up the shortfall from wind...Read all.
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