
How should the European Union’s industry respond to the energy crisis?
The Sound of Economics
00:00
The European Approach to the Energy Crisis
The one thing is increasing renewable energy supply quickly. We are risking to fall into a gap now with underinvestment we are discussing electricity market design and therefore people might be reluctant with investing. Europe has an average not great renewables resources I mean if you compare it to the US there's less sun and free unpopulated areas where you can do a lot of winter appliances. There are pockets in Europe where you actually have quite good renewables potential.
Transcript
Play full episode