In response to Russia severely restricting or cutting off gas supplies, EU governments will take dramatic actions over the coming months. Germany recently announced it would keep two of the nuclear plants it was shuttering as backups, just in case. EU leaders will then go back to the voters and describe the amazing job they did while failing to mention they were the ones who made the decisions that put their countries in this crisis in the first place.
The entire current crisis was avoidable if the EU had developed a rational plan instead of one based on a daydream, no matter how enticing.
The U.S. needs urgently to examine what is happening in Europe and develop a rational energy transition plan. Any long-term solution must include strategies for reliable power production, affordable sustainable energy and a massively strengthened electrical grid.
Europe's plan was built on the hope that consumers would accept higher prices, that Russia and Putin would be reliable, and that battery storage technology would be robust enough to cover the times when "the wind doesn't blow and the sun doesn't shine."
This strategy, sadly always doomed to failure, provides a cautionary tale for "solutions" based solely on hope.
The U.S. should not repeat the same mistakes as the EU by continuing down a path that cuts domestic fossil fuel production, bans gasoline-powered vehicles, and ignores that the power generation capacity and energy infrastructure are not in place to achieve an unrealistic and unfortunately unsustainable green agenda.
In response to Russia severely restricting or cutting off gas supplies, EU governments will take dramatic actions over the coming months. Germany recently announced it would keep two of the nuclear plants it was shuttering as backups, just in case. Pictured: The Neckarwestheim nuclear power plant, one of two that the German government plans to allow to continue running as a backup. (Photo by Thomas Niedermueller/Getty Images)
Europe is facing a growing energy crisis. Individuals and industries are being battered by rising energy costs. On August 31, Russia shut down the Nord Stream 1 gas pipeline to Germany for initially what was supposed to be 72 hours, but followed by an announcement of "technical difficulties" that would prevent a resumption. Russian energy giant Gazprom also announced that natural gas supplies to French energy company Engie SA would be immediately reduced. These actions have created significant uncertainty and the threat of much higher energy prices in Europe as the cold winter season approaches.
No comments:
Post a Comment