Financial Times expects blackouts in Europe in 2023

Blackouts in Europe could happen before April if the weather is cold enough, but next winter is the bigger challenge, Report informs via The Financial Times.

In 2022, Russian gas flows were largely intact until June; in 2023 they will be close to zero, FT says.

“Liquefied natural gas will struggle to cover the shortfall. Offsetting the risk is Europe’s backwards shift from gas to coal. France’s nuclear plants should have fewer maintenance issues. But the energy system has been straining for 18 months. The risk of something breaking is increasing,” FT experts say.

Related posts

The development of «green» energy is one of the key objectives for the development of Uzbekistan

Kazakhstan Approves Concept for Development of Hydrogen Energy Until 2030

First Deputy PM, China Datang Corporation Discuss Energy Projects in Kazakhstan