Birgitte Ringstad Vartdal 5.0 3 ideas

"In the short term this leads to increased revenues and higher electricity prices... Europe needs more renewable power to reduce cost and emissions and also increase energy security." High fossil fuel prices act as a dual catalyst for renewable energy. In the short term, renewable generators capture higher wholesale power prices. In the long term, the geopolitical necessity for energy independence accelerates government mandates and capital deployment into solar, wind, and battery infrastructure. LONG. Supply chain bottlenecks, inflation increasing component costs, or grid connection delays slowing down project pipelines.