Three Crises, Four Years: Europe Keeps Failing the Same Energy Test

For the third time in four years, Europe is waking up to discover that it has sleepwalked into yet another energy crisis." When Russia illegally invaded Ukraine in February of 2022, Europe was caught in an extremely compromised position, as it was dependent on Russian producers for 40 percent of its natural gas. When energy sanctions were slapped on the Kremlin, the impact on European energy markets was dire, with many families plunging into energy poverty. In the years since that crisis, European leaders have made efforts to diversify their energy…