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RE: LeoThread 2025-03-07 13:11

in LeoFinance7 months ago

Part 6/11:

The EU’s movement towards wind power includes bold initiatives, such as the 2023 wind power package to expand turbine installations. However, notable challenges undermine this strategy. As wind energy generation is contingent on weather conditions, its unpredictability poses significant risks to the stability of power grids. Back-up sources of energy—often fossil fuel-based—remain necessary to address the fluctuations in wind-powered generation. Thus, a push for renewable energy can paradoxically lead to increased dependency on fossil fuels.

Financial Implications of Renewable Energy