Part 4/10:
Instead of generating its electricity, Germany has been forced to import it from neighboring countries. For the first time in 20 years, the nation imported more electricity than it exported in 2023, heavily relying on gas from Norway, which has resulted in skyrocketing prices in that country as well. Sweden's energy minister has pointed to Germany's nuclear phase-out as a primary cause of these price hikes, underscoring the interconnected nature of European energy markets.