Europe survived its winter energy crisis, but what happens next year?

Six months in the past, Europe was dealing with an vitality disaster like no different. Spiking fuel costs, pushed largely by Russia’s invasion of Ukraine, had despatched vitality prices hovering and sparked a worldwide scramble for vitality provides. Headlines warned of a winter of rolling blackouts and gas shortages, a nightmare situation that might crash Europe’s financial system and endanger lives.  

Compounding the issue was a once-in-500-year drought, which dramatically reduce manufacturing of hydroelectricity and hit output from Europe’s already beleaguered community …