Europe’s solar problem is no longer just about building more generation. It is about finding enough flexible demand. Pexapark’s latest analysis shows how severe solar cannibalization has become in Europe: France’s solar capture factor fell ~75% YoY in April 2026, from ~0.42 to ~0.10. Almost half of its solar generation occurred during negative-price hours. Germany recorded 123 negative-price hours in April, up 65% YoY, with 46.8% of solar output produced during negative-price periods. Spain is no longer facing this only in summer. In February 2026, its solar capture factor collapsed to ~0.18 from ~0.71 a year earlier, while negative-price hours jumped from zero to 148. The message is clear: solar deployment is now running ahead of system flexibility. Batteries, grid expansion and demand response are essential. But Europe should also take interruptible loads seriously — including Bitcoin mining and other compute loads that can turn on when power is abundant and shut down when the grid is tight. Properly designed, flexible loads can become buyers of last resort for surplus renewable power, reduce curtailment, improve solar project revenues, and make further investment in generation and grid infrastructure more profitable and bankable.

European governments are so intent on protecting Armenia's democracy from Russian interference that they are ignoring how Prime Minister Nikol Pashinyan himself is undermining a free and fair election. I explain:

Europe is one of the best places in the world to live, but one of the hardest places to build and scale a company. After 5+ years in France, following 16+ in the US, I have a conflicted admiration for Europe. On the one hand, Europe has great potential. When I lived in the US, I was skeptical of the European quality-of-life argument. But after getting used to Sunday morning markets, walkable cities, and 4.5 meter ceilings, I get it. There are things that you simply cannot import or experience as a tourist. These things can make Europe very attractive for creative and intellectual work. I honestly believe some parts of Europe are the “best neighborhood” in the planet. But that’s not the full story. I am not only a husband and a dad. I am also an entrepreneur. I founded a company in the US 12+ years ago that has offices in the US and Chile and clients throughout the world. I live in France, yet I have not opened a subsidiary here. That is telling. We once hired someone in France through one of those remote employment platforms. The person received about 5,000 euros net per month, which is considered a very good salary here. But the total cost to the company was closer to 13,000 per month. That makes hiring feel less like a relationship between a company and a worker, and more like renting someone from the state. At the same time, you take an enormous amount of legal and administrative responsibility. The presumption is that all companies should operate like a 1960s car manufacturer. The response is simple. Don’t set up operations in Europe. But this is not a remote-work story. I know many small entrepreneurs in France who do not want to cross the threshold from being a one-person activity to becoming an employer. They sometimes refuse a new customer to stay small and avoid the obligations that come with hiring one person. That should worry us. Many social protections here are described as being provided by the state, but in practice, a lot of the cost and complexity of the implementation falls on the administrative shoulders of entrepreneurs. That is reasonable for a large energy company or bank. But for a small business, it is the difference between an entrepreneur waking up on a Monday to think about product or paperwork. Growth is not the enemy of the European social model. It is what enabled it. Much of the quality of life we enjoy here today dates back to growth incubated in the past. Growth that is increasingly hard to find. France once led frontier industries, like bicycles in the 1860s, cinema in the 1890s, and aviation and automobiles soon after. Since then, Europe built a more humane social model. But that model was built on the assumption that Europe and the US were the only two rich and industrialized places in the world. That is no longer true. Global competition in the 21st century is not what it used to be 50 years ago, and the padding built to protect us, may have grown into the handbrake that constrains the growth of the small and flexible firms we need to compete in new frontier sectors. We should be able to be critical about Europe in our own terms, without comparing ourselves to the US or China. Innovative parts of Europe, like Sweden or Switzerland, operate differently and provide clues. Sweden has embraced a dynamic of capitalization in its pension system for a long time in a continent where fewer people buy stocks. Switzerland, a place that shares an enormous amount of geography and culture with its neighbors, is built in part on strong internal competition among its cantons. But neither can light a candle to a French open-air market on a Sunday morning. A market where cash is king, and for a reason. Europe may be the best place in the world to live. But it is also one of the most challenging places to build and scale an innovative activity. The goal is not to weaken the European model. But to get to a place where we can lead again by example. The world will follow us, but only if we are ahead.

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European countries tier list Switzerland obviously S tier, beautiful rich and safe country. Lichtenstein also in this tier with Monaco. Small countries but high quality life. A tier also pretty good countries with good economies and beautiful nature. B starts going down. Germany on D, it used to be good, not anymore. France also pretty down. F tier idk, Iceland is too fara away from everyone and the others are easy to forget.