Europe is not one market. And prices for energy and electricity have always been higher in much of Europe
There are numerous countries that have different policies and market conditions.
Higher gas prices because of Russia drove energy prices much higher in some cases.
Older contracts for older renewables and many factors drove prices higher.
Prices for renewables have come down a lot from a decade ago.
So you need more than a coffee shop analysis to know why.
There are numerous countries that have different policies and market conditions.
Higher gas prices because of Russia drove energy prices much higher in some cases.
Older contracts for older renewables and many factors drove prices higher.
Prices for renewables have come down a lot from a decade ago.
So you need more than a coffee shop analysis to know why.
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