News
Europe’s Renewable Energy Wasted Amid High Oil Prices and Outdated Grid Infrastructure
Europe is facing a paradox of soaring energy costs and wasted green power, as the war on Iran continues to expose the continent’s dependence on fossil fuels. While Brent crude, the world benchmark for oil prices, dipped yesterday morning (26 March) amid hopes of de-escalation, barrel prices have repeatedly exceeded $100 (around €86.38) since the conflict began. Before the US-Israel war on Iran, oil traded below €63 per barrel. Analysts say the surge is largely driven by the effective closure of the Strait of Hormuz, one of the world’s most critical fossil fuel chokepoints, responsible for roughly a fifth of global oil supplies.
Oil price volatility has pushed petrol and energy costs across Europe higher, prompting calls for increased North Sea drilling. However, research from the University of Oxford suggests expanding domestic oil and gas production would only save UK households up to £82 (€95) annually. By contrast, a fully renewable-powered UK could cut bills by up to £441 (€510) a year.
Despite rising geopolitical risks underscoring the appeal of green energy, Europe continues to waste enormous amounts of renewable electricity. Last year, Britain wasted £1.47 billion (around €1.78 billion) by curtailing wind turbines and paying gas plants to compensate. On 25 March alone, wasted wind cost the UK over £1.31 million (€1.5 million), with £95,091 (€109,831) attributed to curtailment and the remainder to purchasing replacement energy, mostly from fossil fuels. In Germany, curtailment compensation reached €435 million in 2025, down 22 percent from 2024 (€554 million), illustrating the scale of unused renewable power across the continent.
Energy experts point to Europe’s outdated infrastructure as a major factor. Much of the grid was designed for coal and later gas plants, sending power from central locations to population centers. Modern wind farms, however, are often offshore or in remote areas, making electricity transport more difficult. “When wind speeds are too strong, the grid becomes congested and the energy can’t reach where it’s needed,” says Octopus Energy. “This forces payments to switch wind turbines off and produce replacement power, often from fossil fuels.”
Aurora Energy Research warns that Europe’s grid bottlenecks now threaten Net Zero ambitions. Congestion management costs approached €9 billion in 2024, with 72 TWh of mostly renewable energy curtailed, roughly equivalent to Austria’s annual electricity consumption. Despite a 47 percent increase in grid investment over the last five years, experts say it remains insufficient.
In response, the UK government announced trials to provide discounted or free electricity on windy days in constrained areas. Greg Jackson, CEO of Octopus Energy, welcomed the initiative but cautioned that temporary trials may have limited impact. He argues permanent measures would encourage households and businesses to invest in electrification technologies, such as heat pumps, batteries, and electric vehicles, allowing surplus renewable energy to be used more effectively.
Europe’s outdated and under-invested energy grid means huge amounts of renewable energy are wasted every year. The case for renewable energy is stronger than ever, as the war on Iran continues to highlight the dangers of fossil fuel dependency.
News
Merz Records Lowest Approval Among Global Leaders, Survey Finds
News
France and Portugal Enact Landmark Treaty to Deepen Strategic Ties
A new chapter in relations between France and Portugal began on Sunday as a wide-ranging friendship treaty between the two countries officially entered into force, marking a significant step toward closer cooperation across multiple sectors.
The Treaty of Friendship and Cooperation, signed in Porto in February 2025 by Emmanuel Macron and Portuguese Prime Minister Luís Montenegro, is designed to strengthen bilateral ties and reinforce collaboration within Europe.
French officials have described relations with Lisbon as “excellent,” highlighting the agreement as part of a broader effort to build a more self-reliant and competitive Europe. In a message to Portugal’s newly elected president, António José Seguro, Macron pledged to ensure the treaty delivers tangible benefits for both nations.
The agreement covers a wide range of areas, including defence, energy, trade and education. Both countries have committed to enhancing cooperation between their armed forces and defence industries, with a focus on safeguarding critical infrastructure and countering hybrid threats, particularly in cyberspace.
Energy cooperation also features prominently. France and Portugal aim to improve interconnections across the Iberian Peninsula, an issue that gained urgency following a major blackout affecting Spain and Portugal in April 2025. Officials say better integration with European energy networks will help prevent future disruptions and support long-term resilience.
On the economic front, the treaty promotes stronger support for small and medium-sized enterprises and encourages joint efforts in developing a sustainable “blue economy” linked to the Atlantic Ocean. Trade ties between the two countries are already robust, with France ranking as Portugal’s third-largest trading partner in 2025.
Analysts point to growing investment flows in both directions. Portuguese businesses are increasingly establishing a presence in France, while French firms continue to expand operations in Portugal, reflecting deepening economic integration.
People-to-people links are another key pillar of the agreement. Around 1.7 million Portuguese nationals live in France, making them one of the largest foreign communities in the country. Meanwhile, tens of thousands of French citizens reside in Portugal.
The treaty also aims to boost educational cooperation, including teacher training and student exchanges. However, some observers have raised concerns about practical challenges, particularly a shortage of Portuguese language teachers in France, which could limit progress in this area.
Implementation of the agreement will be overseen through regular high-level meetings between the two governments, ensuring continued coordination and follow-up on agreed initiatives.
The pact forms part of a wider strategy by France to deepen bilateral ties across Europe, following similar agreements with Germany, Italy and Poland, as Paris seeks to strengthen partnerships within the European Union.
News
Record Turnout Reported as Hungary’s Parliamentary Election Draws Millions to the Polls
-
Entertainment2 years agoMeta Acquires Tilda Swinton VR Doc ‘Impulse: Playing With Reality’
-
Business2 years agoSaudi Arabia’s Model for Sustainable Aviation Practices
-
Business2 years agoRecent Developments in Small Business Taxes
-
Home Improvement1 year agoEffective Drain Cleaning: A Key to a Healthy Plumbing System
-
Sports2 years agoChina’s Historic Olympic Victory Sparks National Pride Amid Controversy
-
Politics2 years agoWho was Ebrahim Raisi and his status in Iranian Politics?
-
Sports2 years agoKeely Hodgkinson Wins Britain’s First Athletics Gold at Paris Olympics in 800m
-
Business2 years agoCarrectly: Revolutionizing Car Care in Chicago
