Tuesday, October 26, 2021
HomeAlternative EnergiesHydroelectric EnergyEurope's Power Crisis Moves North as Water Shortage Persists - Bloomberg

Europe's Power Crisis Moves North as Water Shortage Persists – Bloomberg


As the frontier of Europe’s energy crisis moves north, the Nordic region faces a worsening power crisis as dwindling water reservoirs hamper the generation of hydroelectric power.

Nordic power prices were five times higher in September than a year ago. That’s hitting everyone from power-hungry factories and miners, to students struggling with their bills. Inflation is rocketing.

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