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The share of renewables is currently around 25% in Europe, and the target is 45% by 2030. My fear is that we will end up leaving tens of millions behind, condem
by Comevius 4y ago
The share of renewables is currently around 25% in Europe, and the target is 45% by 2030. My fear is that we will end up leaving tens of millions behind, condemning them to a life without energy security, since it won't make sense economically to build all this new infrastructure in many places.
Russia on the other hand with it's unlimited energy can figure out how to get it to countries like China and India. If you have energy you have everything, because it's a seller's market, and the world is a much bigger place than just the countries participating in the sanctions. At the end of the day there is no replacing the energy density, storability and price of fossil fuels. They will likely remain the primary driver of growth for developing countries that can't afford anything else.
- NicoJuicy 4y agoNo they can't. The gas sources to Asia are different from the pipelines to Europe. Additionally, Russia doesn't nearly have enough ships to replace a decent part of the deliveries to Europe. Additionally, they will definitely pay a lot less.
- stop50 4y agoThere are reports of burning gas in some russian sources.this is because shutting down costs more money that resume operation and burning gas.
- stop50 4y agoRussia has two pipelinenetworks. One for asia and one for europe. The european only delivers a fraction but the asian works. The problem is that europe was a major buyer and there is no connection between the asia and europes pipelines. Plzs the two pipelines would require years of work to connect.