Europe has survived 3 energy shocks in 4 years. The only way out is to stop buying power from its enemies | Fortune
https://fortune.com/2026/03/25/europe-3-energy-shocks-in-4-years-what-to-do-next/
Europe has survived 3 energy shocks in 4 years. The only way out is to stop buying power from its enemies | Fortune
https://fortune.com/2026/03/25/europe-3-energy-shocks-in-4-years-what-to-do-next/
So there’s no need for subsidies money because the epic capitalism Invisible hand private market “just needs permission to go green”? This might be one of the dumbest “conclusions” to an article I’ve read in a while. I hope this entire thing was written by AI.
Its published in Fortune, I’m curious what you expected when you clicked on the link.
A bit more of a guide on energy independence than just a mostly vague history lessen with an incoherent conclusion
To be fair, the permitting and environmental impact process is crazy and is really holding back deployment. If the government gets out of the way of renewable projects the growth would increase massively.
Some of the process might be necessary. However, it should be the government’s burden to bear, not the applicants’. The process should be as straightforward and simple as possible on the applicant end.
Exactly, that’s how it should be but it isn’t. Wind power has to do an environmental assessment on birds when it’s only 1/6000 deaths. Offshore wind needs to show effect of the noise on marine wildlife when fossil fuels and farminc poison the water.
Here’s a UK example, maybe unfair to use UK as an example but this is how it is for one of the largest wind producers in Europe.
Mandatory almost always
Conditionally required
But it can also be blocked by these:
Needless to say, spending millions on reports and assessments when it can be blocked anyway by some rando NIMBYs sucks. Then there’s also the fact that the UK grid needs tooooons of investment just to accommodate these new developments.
So all of these reports are not really an issue when you’re making a massive power plant where the price of the plant dominates the cost. The process makes a bit of sense for large scale installations but the amount of work you need to put in for a modest 20MW wind farm in absolutely bonkers.
So yeah, if the government would get out of the way the whole process is a piece of cake and we can have full grid saturation incredibly fast.