Energy crisis and the energy transition
There’s a famous saying: “Never let a crisis go to waste.” The current energy crisis has had a terrible impact on many consumers, but it has also given the energy sector a golden opportunity to get in shape for the energy transition. Jon Slowe, the director of Delta-EE, examines the impacts and opportunities of the energy crisis currently playing out in Europe and what it could mean for the renewables sector.
The crisis, felt to different degrees across Europe, is a consequence of several unrelated factors happening simultaneously. Global demand for gas has increased rapidly, while some gas and power facilities are offline, gas storage levels were lower than normal, and weather conditions hampered renewables. Inevitably, the focus has been on the high energy prices for …
Advertisement
Advertisement
Advertisement
Advertisement