- cross-posted to:
- technology@lemmit.online
- cross-posted to:
- technology@lemmit.online
Europe faces an unusual problem: ultra-cheap energy - https://web.archive.org/web/20240620151949/https://www.economist.com/finance-and-economics/2024/06/20/europe-faces-an-unusual-problem-ultra-cheap-energy



And that’s why it’s currently a problem. There’s not enough buyers, and not enough capability to switch supply in and out.
Without the price incentives to build large scale storage, it hasn’t been done. The problem is that there is a delay between needing the storage, and it actually being built at scale.