EU countries face nearly €41bn in extra fossil fuel costs

https://www.euronews.com/my-europe/2026/08/26/eu-countries-face-nearly-41bn-in-extra-fossil-fuel-costs-as-hormuz-crisis-exposes-energy-v

Tldr: green energy = price stability

62 points · 8 comments · view on lemmy.world

8 Comments

qyron@sopuli.xyz · 13 pts · 19d (2 replies)

Meanwhile, Australia is putting money into deep charge batteries to stabilize the grid over the night and forcing their energy prices down.

Sustainable energy, now!

Melchior@feddit.org · 1 pts · 19d (1 reply)

The EU is building out a lot of green technologies on quite a decent scale. The issue is that it can and should be faster. Especially given the global political environment.

qyron@sopuli.xyz · 1 pts · 19d

Agreed.

Ooops@feddit.org · 9 pts · 19d

And our deeply corrupt politicians: Let's deepen our dependency on fossil fuels! Those bad renewables are making power so much more expensive!!

muelltonne@feddit.org · 6 pts · 19d

Just imagine how utterly fucked we would be without our renewables.

kubofhromoslav@lemmy.world · 3 pts · 18d

For comparison: Europe as a continent is paying around 1 billion euros every month just for Microsoft (Office) 365. And additional around 4 billion euros for just a couple of other softwares and services, mostly cloud.

If you want to offset those losses of more expensive fossil fuels, you may request your government to not only transition to clean energy but also massively use free / libre / open source, or at least European software.

UnfortunateShort@lemmy.world · 3 pts · 19d (1 reply)

Terror regimes saving climate by accident

Melchior@feddit.org · 2 pts · 19d

Looking at who countries like Russia and the US support in European politics makes me question that.