2.3 The Electricity Price Surge

The year 2021 saw an unprecedented surge in energy prices in Europe, with the retail price of electricity almost tripling in Estonia within a year. Why has this happened, and what does it say about the future of energy? Host Terry McDonald is joined by Dr. Mihkel Kangur, an Associate Professor of Sustainable Development at the School of Natural Sciences and Health here at Tallinn University, to discuss Estonia's energy situation, the geo-politics of the issue, nuclear power, and if your electricity bill will be coming down anytime soon.