- Sputnik International, 1920
Energy Crisis in Europe
Europe is bracing for tough winter as US-led push to “punish” Moscow for its military operation in Ukraine backfired on the EU, which has faced months of skyrocketing energy prices and rising inflation after Brussels joined Washington in attempting to “phase out” Russian oil, coal and gas.

Sweden Poorly Prepared for Power Shortages, Agency Says

© AFP 2022 / PETRAS MALUKASNord Balt converter station and HDVC cable pictured on November 21, 2015 in Klaipeda. Lithuania
Nord Balt converter station and HDVC cable pictured on November 21, 2015 in Klaipeda. Lithuania  - Sputnik International, 1920, 18.09.2022
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MOSCOW (Sputnik) - Sweden is poorly prepared for possible power cuts as it heads into a winter of energy rationing, the head of supply preparedness at the Swedish civil contingencies agency MSB said.

"Unfortunately, preparedness is generally very poor. Back in 2011, we identified 50,000 socially important businesses in Sweden that depended on power supply," Jan-Olof Olsson told public broadcaster SVT.

The broadcaster reported that power rationing could affect traffic lights, trams, heating and communications as well as electronic locks to properties.
Power costs were up 29% in August, according to the Swedish statistics agency. Energy prices have been driving other costs of living upwards, with food prices rising for nine consecutive months.
Energy prices have been skyrocketing in Europe since the EU countries imposed sanctions on Russia, citing the launch of the special military op in Ukraine. Brussels' decision resulted in a wave of inflation, while gas hit record-high prices, resulting in enormous electricity bills.
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