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Nations with large amounts of wind and solar on their power grid are particularly vulnerable to surging energy bills due to spikes in the price of gas. The relationship between decarbonisation and price volatility has been a contentious issue as governments consider clean energy strategies, but an analysis of power prices in Europe has now provided evidence to inform the debate.
Vast quantities of wind and solar capacity have been deployed in recent years across the continent. But these power sources are intermittent, generating electricity only when…