EconomyEU energy sector’s dependence on weather has risen sharply, expert says
Alexey Grivach, deputy director of Russia’s National Energy Security Fund, said EU energy policy has made power grids much more dependent on weather, with winter generation falling and the risk of local or systemic shortages rising. Lower hydropower output could push Scandinavian countries to import more electricity from neighbors using gas- and coal-fired plants. The European gas crisis could also drive up prices, affecting the regional economy, households and state budgets.
EU energy sector’s dependence on weather has risen sharply, expert says