Subsidies to all new wind and solar plants were outright suspended in Spain last week, which was not just bad, but described as “one of the biggest blows ever to the sector. ” The changes are predicted to kill off much of the investment in renewables there. The people selling solar power in Greece were also told the government could not afford to pay their rates, and didn’t really want more of that kind of power right now either, thanks.
You can tell the economy in Europe is doing badly when they are reduced to only doing what works.