This is the Chanticleer takes on the eastern energy crisis:
We are reliant on an ageing fleet of coal-fired power stations, whose poor reliability issues are causing increasing amounts of gas to be used to generate electricity. But for myriad reasons, we’ve been too slow to develop the renewable energy infrastructure the nation requires.
There are no quick solutions to either issue. But even if this crisis eases, the new scramble for energy sparked by the war in Ukraine is going to keep upwards pressure on global gas and thermal prices for years to come.
