Europe is already feeling the consequences, with the benchmark Dutch TTF natural gas price surging around 70 per cent – putting March 2026 on course to be the highest monthly increase for European gas prices since September 2021.
People are " tired of being held hostage by fossil fuels"
Context: Per 2024 nearly 50% of EU electricity came from renewables according to Eurostat
Imo, the share of renewables in our energy production will certainly keep increasing, and our oil energy dependency will keep dropping.
Europe is already feeling the consequences, with the benchmark Dutch TTF natural gas price surging around 70 per cent – putting March 2026 on course to be the highest monthly increase for European gas prices since September 2021.
People are " tired of being held hostage by fossil fuels"
Context: Per 2024 nearly 50% of EU electricity came from renewables according to Eurostat
Imo, the share of renewables in our energy production will certainly keep increasing, and our oil energy dependency will keep dropping.
There also are a lot of laws coming into effect, which have been passed to deal with the Russians turning of their gas and oil supply to the EU.