Affected by extreme weather such as extreme high pressure an...

Affected by extreme weather such as extreme high pressure and large-scale drought, Europe’s vigorously developed wind and hydroelectric power generation dropped sharply during the year. In addition, the increase in power generation costs caused by the increase in natural gas prices and the economic recovery have further increased the demand for electricity consumption. Electricity prices in major European regions have more than doubled from last year, and some countries have increased by more than 7 times. Affected by this, the production of many industries has been affected, and the gradual increase in costs has caused many factories to reduce production or even stop work. More professionals believe that rising electricity prices will indirectly increase global inflationary pressures.

In the context of the world’s entry into a “carbon neutral” era, renewable energy is recognized as the future direction of development. However, as electricity prices are soaring, there is a question about whether we should “rely” excessively on clean energy and traditional power generation methods represented by coal power. Whether it should be abandoned prematurely has gradually become the focus of public opinion. The huge increase in energy prices may cause the market to re-examine the reliability of clean energy and the importance of fossil energy.