Low wind power generation is largely to blame for Europe’s ongoing energy crisis and scramble to import more fossil fuels, according to a Reuters report.
Wind farms across Europe produced just 14% of their capacity from July-September compared to the previous average of 20-26%, market data from Refinitiv showed, according to Reuters. As a result, European energy providers have been forced to purchase more coal and natural gas which have skyrocketed in price as demand has increased.
Read More