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Europe's green energy needs more fossil fuels

by on14 October 2022

Isn't it ironic, don't you think?

While green energy is being touted as a way of freeing Europe from having to do what Tsar Putin tells us, it is ironically being hamstrung by a lack of fossil fuels.

According to Energy Supply news. which we get for all the current events, fossil fuels are needed to produce parts for things like solar panels and wind turbines.

Photovoltaic (PV) solar technology producers across Europe are now at serious risk of going under because of soaring energy prices, which is soon to be followed by energy shortages.

More than 35 gigawatts' (GW) worth of PV manufacturing projects across Europe risk being "mothballed" due to energy costs are making it difficult, if not impossible, for producers to continue operating.

A Rystad Energy spokesman Audun Martinsen said: "Building a reliable domestic low-carbon supply chain is essential if the continent is going to stick to its goals, including the REPowerEU plan, but as things stand, that is in serious jeopardy."

High energy prices, Martinsen went on to say, could not only decimate Europe's now-fledgling "green" energy endeavors but also increase reliance on overseas manufacturing. That overseas manufacturing, which takes place in China and elsewhere, runs virtually entirely on fossil fuel energy. The transportation used to get those same products to Europe and elsewhere once produced then requires even more fossil fuel energy.
PV plants in Europe are already closing due to impossible economic conditions

In France, a PV module manufacturing plant owned by Maxeon Solar Technologies has shuttered, citing sky-high energy prices that made it prohibitively difficult to continue operating.

Not only were inflated energy prices a factor but so were inflated raw material prices, not to mention ever-rising taxes on imports, said a Maxeon spokesperson said at the time. 


Last modified on 14 October 2022
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