Gas prices in Europe have risen significantly, surpassing $800 per 1,000 cubic meters. Price increases have been on the rise since late August, according to Vedomosti.
Unstable renewable energy generation is one of the causes of the problem. The lack of wind that has plagued northern Europe for many weeks has decreased the proportion of wind power stations in the United Kingdom’s energy output, prompting officials to restart the West Burton A coal power plant.
Across the Atlantic, similar issues have arisen. According to media sources, California may experience power shortages due to a continuing drought that has decreased hydropower production, …
