{"id":65104,"date":"2023-02-25T07:44:14","date_gmt":"2023-02-25T12:44:14","guid":{"rendered":"https:\/\/olduvai.ca\/?p=65104"},"modified":"2023-02-25T07:44:14","modified_gmt":"2023-02-25T12:44:14","slug":"europe-turned-an-energy-crisis-into-a-green-energy-sprint","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=65104","title":{"rendered":"Europe Turned an Energy Crisis Into a Green Energy Sprint"},"content":{"rendered":"<header id=\"header-onsite-newsletter-container\" class=\"css-5oqkiy euiyums1\">\n<div class=\"css-1vkm6nb ehdk2mb0\">\n<h3 id=\"link-2c8518c1\" class=\"css-xkf25q e1h9rw200\" data-testid=\"headline\"><a href=\"https:\/\/www.nytimes.com\/2023\/02\/15\/opinion\/europe-energy-crisis-natural-gas-russia.html?unlocked_article_code=JruFork-eUy46Fwvi0Otc41w_DmnyQPsFaxls-2gJi2zGlizXYEmEJtIgIFoRjSqkbDZT4acawr_loMjUiRYttFxNNE8f4oyrgSYUSUXnEi7WjOMvoiqFd9dfU3sCZarll-19HR8n2tJ4PVEmBHa0BjhLQoLdtuy3grCzlWUosL2NWPhwcDm3DrD1Zc4P-rf-7mtkIPu_75ZBL0rDjyrPD56tdGE6m6_EZhTlFDTxwmOgKVY8I7uXqxFvp5duCyyNi8AGBlgcKwdtYlOlU5-fPtMuYKjtyCvwhA_t3LXqTdVh_Z0YItb_rtlIXwiaDoWK4jV3_TCwaTgNgQWjfIBt5BQbKFk1LuKQER-twIKJ8IS&amp;smid=fb-share\">Europe Turned an Energy Crisis Into a Green Energy Sprint<\/a><\/h3>\n<\/div>\n<div class=\"css-79elbk\" data-testid=\"photoviewer-wrapper\">\n<div class=\"css-1a48zt4 e11si9ry5\" data-testid=\"photoviewer-children\">\n<figure class=\"sizeMedium layoutVertical css-1dyerrh\" role=\"group\" aria-label=\"media\">\n<div class=\"css-bsn42l\"><picture><source srcset=\"https:\/\/static01.nyt.com\/images\/2023\/02\/17\/opinion\/15wallace-wells-image\/15wallace-wells-image-mobileMasterAt3x.jpg?quality=75&amp;auto=webp&amp;disable=upscale&amp;width=600\" media=\"(max-width: 599px) and (min-device-pixel-ratio: 3),(max-width: 599px) and (-webkit-min-device-pixel-ratio: 3),(max-width: 599px) and (min-resolution: 3dppx),(max-width: 599px) and (min-resolution: 288dpi)\" \/><source srcset=\"https:\/\/static01.nyt.com\/images\/2023\/02\/17\/opinion\/15wallace-wells-image\/15wallace-wells-image-mobileMasterAt3x.jpg?quality=75&amp;auto=webp&amp;disable=upscale&amp;width=1200\" media=\"(max-width: 599px) and (min-device-pixel-ratio: 2),(max-width: 599px) and (-webkit-min-device-pixel-ratio: 2),(max-width: 599px) and (min-resolution: 2dppx),(max-width: 599px) and (min-resolution: 192dpi)\" \/><source srcset=\"https:\/\/static01.nyt.com\/images\/2023\/02\/17\/opinion\/15wallace-wells-image\/15wallace-wells-image-mobileMasterAt3x.jpg?quality=75&amp;auto=webp&amp;disable=upscale&amp;width=1800\" media=\"(max-width: 599px) and (min-device-pixel-ratio: 1),(max-width: 599px) and (-webkit-min-device-pixel-ratio: 1),(max-width: 599px) and (min-resolution: 1dppx),(max-width: 599px) and (min-resolution: 96dpi)\" \/><img loading=\"lazy\" decoding=\"async\" class=\"css-rq4mmj\" src=\"https:\/\/static01.nyt.com\/images\/2023\/02\/17\/opinion\/15wallace-wells-image\/15wallace-wells-image-articleLarge.jpg?quality=75&amp;auto=webp&amp;disable=upscale\" sizes=\"auto, ((min-width: 600px) and (max-width: 1004px)) 84vw, (min-width: 1005px) 60vw, 100vw\" srcset=\"https:\/\/static01.nyt.com\/images\/2023\/02\/17\/opinion\/15wallace-wells-image\/15wallace-wells-image-articleLarge.jpg?quality=75&amp;auto=webp 600w,https:\/\/static01.nyt.com\/images\/2023\/02\/17\/opinion\/15wallace-wells-image\/15wallace-wells-image-jumbo.jpg?quality=75&amp;auto=webp 1024w,https:\/\/static01.nyt.com\/images\/2023\/02\/17\/opinion\/15wallace-wells-image\/15wallace-wells-image-superJumbo.jpg?quality=75&amp;auto=webp 2048w\" alt=\"An illustration of a window showing green gradients moving past with a radiator in the foreground. \" width=\"600\" height=\"600\" \/><\/picture><\/div><figcaption class=\"css-y5g5d7 e1maroi60\"><span class=\"css-1u46b97 e1z0qqy90\"><span class=\"css-1ly73wi e1tej78p0\">Credit&#8230;<\/span><span aria-hidden=\"false\">Ibrahim Rayintakath<\/span><\/span><\/figcaption><\/figure>\n<\/div>\n<div class=\"css-1pfg1pf e11si9ry2\" data-testid=\"placeholder\">\n<div class=\"css-tux0zj e11si9ry3\" data-testid=\"photoviewer-overlay\">\n<div class=\"css-1ljyvjk e11si9ry4\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/header>\n<section class=\"meteredContent css-1r7ky0e\">\n<div class=\"css-s99gbd StoryBodyCompanionColumn\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">This was supposed to be a winter of energy crisis in Europe. Beginning last spring, not long after the Russian invasion of Ukraine, the fear of gas shortages spread across the continent, along with fears of what might follow. The coming winter crunch was compared to wartime, with energy experts less focused on whether it would bring rationing than how much. Others suggested that spectacular price spikes would mean suspensions of energy markets and that the continent as a whole would experience not a \u201ccost of living crisis\u201d but a crisis of \u201cmolecules\u201d \u2014 in which there wasn\u2019t enough energy to be had, no matter the price. A recession was simply taken for granted among the commentariat \u2014 almost like a badge of honor demonstrating the moral valor of standing up to Vladimir Putin.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Europe as a whole has indeed endured a lot through the cold months: dramatic spikes in energy prices, with wholesale prices for electricity and gas\u00a0<a class=\"css-yywogo\" title=\"\" href=\"https:\/\/www.imf.org\/en\/Publications\/fandd\/issues\/2022\/12\/beating-the-european-energy-crisis-Zettelmeyer\" target=\"_blank\" rel=\"noopener noreferrer\">growing<\/a>\u00a0as much as 15-fold, often accompanied by similar spikes in government relief. Countries from Germany to Denmark and Italy\u00a0<a class=\"css-yywogo\" title=\"\" href=\"https:\/\/qz.com\/europe-has-spent-more-than-800-billion-shielding-citiz-1850107510\" target=\"_blank\" rel=\"noopener noreferrer\">spent<\/a>\u00a0more than 5 percent of G.D.P. to shield citizens from the crunch, enacting public conservation measures that darkened city streets and limited power use in other ways. In Britain, average bills were\u00a0<a class=\"css-yywogo\" title=\"\" href=\"https:\/\/www.carbonbrief.org\/analysis-why-uk-energy-bills-are-soaring-to-record-highs-and-how-to-cut-them\/\" target=\"_blank\" rel=\"noopener noreferrer\">expected<\/a>\u00a0to grow by 80 percent before the government\u00a0<a class=\"css-yywogo\" title=\"\" href=\"https:\/\/www.theguardian.com\/business\/2022\/sep\/30\/liz-truss-right-energy-bill-2500-households\" target=\"_blank\" rel=\"noopener noreferrer\">artificially lowered<\/a>\u00a0the average annual household energy bill to about $3,000. Across the continent, people turned their thermostats down and snuggled with hot water bottles at night. Industry was dialed back in places but also often found alternative power supplies.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">All told, though, the worst has not come to pass. There were\u00a0<a class=\"css-yywogo\" title=\"\" href=\"https:\/\/twitter.com\/gerardreid14\/status\/1621408924896305153?s=43&amp;t=Tzc4LtvQbU9d-qGkWFd53g\" target=\"_blank\" rel=\"noopener noreferrer\">no blackouts<\/a>, as experts\u00a0<a class=\"css-yywogo\" title=\"\" href=\"https:\/\/www.nytimes.com\/2022\/12\/05\/business\/europe-france-power-outages.html\">were warning<\/a> as recently as December&#8230;<\/p>\n<p class=\"css-at9mc1 evys1bk0\">\u2026click on the above link to read the rest\u2026<\/p>\n<\/div>\n<\/div>\n<div class=\"css-s99gbd StoryBodyCompanionColumn\">\n<div class=\"css-53u6y8\"><\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>Europe Turned an Energy Crisis Into a Green Energy Sprint Credit&#8230;Ibrahim Rayintakath This was supposed to be a winter of energy crisis in Europe. Beginning last spring, not long after the Russian invasion of Ukraine, the fear of gas shortages spread across the continent, along with fears of what might follow. The coming winter crunch [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[3],"tags":[24472,265,33123,281,1406,21167],"class_list":["post-65104","post","type-post","status-publish","format-standard","hentry","category-energy-2","tag-david-wallace-wells","tag-energy-crisis","tag-energy-price-inflation","tag-europe","tag-green-energy","tag-the-new-york-times"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/65104","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=65104"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/65104\/revisions"}],"predecessor-version":[{"id":65105,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/65104\/revisions\/65105"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=65104"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=65104"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=65104"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}