IEA Chief: Don’t Blame Renewables For Europe’s Energy Crunch

The energy squeeze in Europe has nothing to do with the continent’s energy transition plans, the head of the International Energy Agency Fatih Birol told the European Parliament’s energy and environment committees. "It is inaccurate and unfair to explain these high energy prices as a result of clean energy transition policies. This is wrong," Birol said, as quoted by Reuters. Further, he added that EU governments needed to keep their eyes on reducing global warming, even when times are volatile, referring to the sky-high gas prices in Europe. The…

via OilPrice

Categories: Energy