Energy News Today

Russia Is No Longer Europe’s Reliable Gas Supplier

For example, at a manipulative Russia that has been withholding supplies, determined to secure European approval for its new pipeline beneath the Baltic Sea. At European utilities, which are now paying the inevitable price for their shift away from long-term contracts with Russia’s state-controlled gas export monopoly, Gazprom PJSC. And at European governments, whose dash for renewable energy with too little consideration for insulating buildings and tackling demand has left the continent vulnerable to problems of intermittency.

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2021-10-31 02:10:36

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