From oil to electrons: lessons from the 1970s energy crises
7 August 2026By Daniela Arlia and John HutchinsonEurope’s electricity mix has become cleaner and less exposed to fossil fuel price swings. The challenge now is to extend electrification to transport, heating and industry. The lesson from the 1970s is that we must not just diversify energy supply but push for structural change too.Europe is once again confronting the macroeconomic consequences of its dependence on imported energy. This is not a…

