We all know Mother Nature saved Europe’s behind last year, but that won’t be the story this year. So, let’s break down the potential impacts on energy supplies across Europe.
With cold temps settling in much earlier than last year, those energy stockpiles won’t last too long. Europe has reduced its dependence on Russian energy, but can the continent’s new energy suppliers keep up with demand?
We will see this energy diversification’s effectiveness put to the test very soon, and any disruptions could carry global implications. This will likely serve as an ‘aha’ moment for countries that source energy from far away and poke holes in that vulnerable system.
In this video, geopolitical expert Peter Zeihan discusses the potential impacts on energy supplies across Europe.
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