European energy crisis ‘could get very ugly’ with winter coming and EU delaying Russian gas supplies

Europe is bracing

Europe is bracing for a difficult winter, having turned to weather-dependent sources of energy like wind and solar power over fossil fuels while natural gas storages have run low.

It could get very ugly unless we act quickly to try to fill every inch of storage. You can survive a week without electricity, but you can’t survive without gas,” Marco Alvera, CEO of Italian energy infrastructure company Snam SpA, told Bloomberg.

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