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How Europe’s Energy Crisis May Impede Its Green Goals: QuickTake

Oct. 8, 2021, 4:00 AM

Europe’s energy ambitions are clear: to shift to a low-carbon future by remaking its power generating and distribution systems. But the present situation is an expensive mess. A global supply crunch for natural gas, bottlenecks for renewable energy and wind speeds in the North Sea earlier in 2021 among the slowest in 20 years, idling turbines, have contributed to soaring prices for everything from electricity to coal. Governments are preparing to intervene if needed in volatile energy markets to keep homes warm and factories running.

1. What’s the problem here?

Energy prices skyrocketed as economies emerge from the pandemic -- ...

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