European wind turbine companies will have to resort to layoffs because they are “all financially struggling,” according to the Financial Times. So even as European politicians say that they’d like to focus on renewable energy, there will be no growth in this sector this year. None.
That is because wind doesn’t work when there is no wind and can only ever be a supplemental form of energy. There is no math that would allow wind to power the world we have. Solar: same, no matter how much we want it.
Meanwhile, the EU is trying to force member states to purchase oil and gas in groups, which would further handicap countries that are already struggling with gas supplies. Countries are bidding each other up to buy the oil that is not sanctioned and the EU wants to force them to cooperate. The block admits that this will not lower prices any time soon.