Europe Fires Up Coal, Gas Plants in Priciest Week Since 2022 Europe will lean heavily on fossil fuels for power generation this week, pushing electricity prices to levels last seen during the 2022 energy crisis as cold, calm weather curbs wind and solar output. The crunch is an early warning of how expensive the winter could become. With natural gas prices already soaring, repeated bouts of cold, windless weather could keep wholesale electricity rates elevated through the colder months and eventually feed through to consumers and businesses. (Bloomberg) Retweeted by @staunovo from @chigrl