THE European electricity grid is hurtling towards disaster, a new paper from the Global Warming Policy Foundation warns.
Countries are closing reliable nuclear and fossil-fuelled power stations while hoping interconnectors – cables linking different grids – will make up the deficit. But they won’t, according to the paper’s author, Alexander Stahel, a Swiss-based commodities expert.
He explains that the European grid has relied on French and German power surpluses for many years. However, with nuclear power in both countries being wound down and the two likely to soon become net power importers – and with fierce international competition for scarce gas supplies – the whole continent is now left hoping for Scandinavian hydro power and occasional surpluses of UK wind to save it.
