The EU cut itself off from Russian oil and gas. Industrial energy costs are already two to three times higher than its competition, and that's even before the new shock with energy supply from the Middle-East being cut off. And their move is to deliberately raise the cost and slow down the rollout of Chinese solar, the cheapest and fastest-deploying form of electricity in the market, on the pretext it's a security threat. You'd think the bigger security threat would be having your industrial base relocate to countries that didn't voluntarily price themselves out of energy.
this post was submitted on 05 May 2026
15 points (100.0% liked)
europe
2014 readers
1 users here now
Community for a certain asian peninsula.
founded 5 years ago
MODERATORS
Their dedication to economic suicide that will help develop their former colonies is commendable.
when you're in shooting yourself in the foot competition and your opponent is EU...
its funny because there's SO much more electrification to do EVERYWHERE, the EU setting self-damaging conditions on its corner of the world will slow the rollout by roughly nil
Inverters, often called the “brains” of solar panels, control how much electricity is fed into the grid – and, if enough of them are hijacked, they could trigger blackouts if tens of thousands were shut down simultaneously.
Unlike other parts of the supply chain, European producers could cover the inverters needed for the bloc’s continued solar ramp-up, argues lobby group ESMC.
Why can't they just say they want to help out their domestic industrial base? Why do they need to inject yellow peril into everything? (jk I know the answer, but still)