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"The region used to be independent for natural gas, but then the North Sea reserves dried up.
Europe is also focusing on renewables, but the grid is not yet equipped for intermittent sources like wind and solar to completely fill the gap."
Europe is also focusing on renewables, but the grid is not yet equipped for intermittent sources like wind and solar to completely fill the gap."
Why Europe is so dependent on Russia for natural gas
Posted from cnbc.com
Energy
Russia
Europe
Posted >1 y ago
Responses: 2
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LTC Eugene Chu Not the Ideal way to Pick Up the Pace on Renewables but that Might be the Effect.
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Assessing the future of North Sea oil and gas - Crystol Energy
The North Sea is a mature oil and gas province. Output from the two main producers – Norway and the United Kingdom – has peaked and the remaining reserves to be exploited are smaller and/or more technically challenging than those developed in the past, thereby shrinking potential returns. As several fields approach the end of their commercial lives, the decommissioning of offshore platforms and the accompanying bills are looming on a scale not...
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