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Spanish Utility Says Europe’s Energy Crisis Isn’t Over Yet

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The energy crisis in Europe isn’t over yet, as only the mild weather has helped the continent avoid gas shortages so far this winter, Ignacio Galan, executive chairman of Spanish energy giant Iberdrola, said on Monday. “As long as energy markets are over-reliant on fossil fuels and exposed to geopolitical events, they will remain fragile,” Galan said, as carried by Bloomberg. “We should not think that the energy crisis is over for good.”   At the end of last year, the top executives at other European majors, including…

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