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RE: LeoThread 2025-10-27 01-39

in LeoFinance9 days ago

Part 5/12:

Germany, once a reliable energy titan, is now regarded as Europe's "sick man" due to its high power prices and energy supply issues. The country's push for renewables and ambitious emissions targets has often resulted in instability, prompting calls to reconsider nuclear power—Switzerland and Denmark are even contemplating lifting bans on nuclear energy failing to meet energy needs solely through renewables.

Europe's Struggles with Renewables and Lessons for Australia

The European experience serves as a cautionary tale. Spain and Portugal's blackouts underscore the dangers of over-dependence on intermittent wind power. Critics argue that Europe's commitment to renewables, despite claiming success, exposes vulnerabilities in grid stability and reliability.