alt Hacker News>Meanwhile, the EU, Japan, SK, etc are moving towards renewables & nuclear as fast as they can.
Yeah, but current EU energy prices are as high as they ever been, so that doesn't help the EU manufacturing industry that in 10 years we'll be fossil fuel free, if they have to close shop in 12 months from the energy price hikes.
> but current EU energy prices are as high as they ever been
This is factually inaccurate.
Ember Energy: European electricity prices and costs - https://ember-energy.org/data/european-electricity-prices-an... (updated daily)
Ember Energy: Wind and solar generated more power than fossil fuels in the EU for the first time in 2025 - https://ember-energy.org/latest-updates/wind-and-solar-gener... - January 22nd, 2026
Bloomberg: How Europe Ditched Russian Fossil Fuels With Spectacular Speed - https://www.bloomberg.com/news/features/2023-02-21/ukraine-n... | https://archive.today/yxGp2 - February 21st, 2023
> But what the past year has shown is that it’s possible to go harder and faster in deploying solar panels and batteries, reducing energy use, and permanently swapping out entrenched sources of fossil fuel.
> Solar installations across Europe increased by a record 40-gigawatts last year, up 35% compared with 2021, just shy of the most optimistic scenario from researchers at BloombergNEF. That jump was driven primarily by consumers who saw cheap solar panels as a way to cut their own energy bills. It essentially pushed the solar rollout ahead by a few years, hitting a level that will be sustained by EU policies.
(Europe has enough wind potential to power the world, their energy constraints are deployment rate of renewables, battery storage, and transmission)