Part 7/11:
The financial ramifications of a transition to wind energy are troubling. Fluctuating energy supply can cause chaotic pricing, as wind energy becomes unprofitable during abundant winds due to oversupply, while energy costs soar when wind production dips. The ability to provide continuous, reliable energy is crucial for numerous industries, which may consider relocating operations outside Europe to escape high energy costs.
Furthermore, the land requirements for renewable energy infrastructures like wind farms can be extensive. Reports indicate that to achieve Net Zero without nuclear energy, Sweden would need approximately 8,500 new wind turbines covering an area nearly half the size of Belgium—a daunting challenge in densely populated European countries.