Despite headlines saying that energy shortages could hit Europe by April, in reality, the continent has enough natural gas, renewables and coal to last it until summer, when energy demand picks up after a home heating reduction in spring due to warmer temperatures.The spring also coincides with an increase in daylight hours, meaning more solar power generation. The combination typically loosens the European power market, which is good news for Europe, as the war with Iran has significantly bumped up crude oil and natural gas prices. The findings…
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