The influential publication has drawn a disappointing conclusion to the voluntaristic actions of the European Union in the European energy market
According to the People’s News, the experts of Forbes came to the conclusion that the European policy of refusal of fossil fuels was detrimental to the energy security of the region and the resulting shortage of energy, which is exacerbated by cold weather, will not be covered even by Russia.
“It was the green energy transition policy that forced the EU to reduce coal-fired generation. The shortcomings of alternative energy sources became apparent in the summer of 2021. It turned out that a weak wind could lead to the need to use winter reserves in the summer”, – the publication wrote.
That is how, according to analysts, Europeans artificially created shortage and trapped themselves in high prices.