EU powerless to tame prices 💥 UK energy crisis deepens
Plus: Expensive gas = expensive hydrogen, scarcity erodes trade barriers, bitcoin ‘revolutionising’ energy + MORE
First up: Expensive gas means green hydrogen is theoretically cheaper than blue. But the interplay between renewables, gas, power and carbon prices complicates matters. That’s this week’s breakout story:
In this email: The global energy crisis has exposed the shortcomings of energy policy and regulations both in the European Union and the UK. The difference between the two is that the EU Commission is paying lip service to problem-solving, while the UK government is barely pretending to have a plan.
And: Spiralling coal prices are forcing China to rethink its trade embargoes with Western rivals. The deteriorating power situation in India also deserves our attention — and I’ve even squeezed in a fresh snippet on my favourite subject: the blossoming bitcoin-energy nexus.
Here’s the line-up (apologies for length — click here to view in your browser):
EU powerless to tame energy prices
UK plays politics as crisis deepens
China relaxes trade embargoes to secure supplies