UK wind subsidies go negative
Plus: Putin’s gas-fired power play, stranded asset risks exaggerated + MORE
First up: There’s only one story worth talking about this week: soaring European energy prices. It’s complicated, so today’s break-out story is a bit longer than usual.
And: A corollary of crazily high power prices is, yes, negative subsidies. Wind farms are now paying money back to the UK government.
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Here’s the line-up:
💥Too much politics, not enough gas – Dissecting the European energy crunch
⚡Transition lines:
Wind subsidies go negative as UK power prices soar
Humanity is getting better at extracting economic value from oil
Are stranded asset risks being exaggerated?
And more…
🧠Energised minds:
Unsound monetary policies incentivise wasteful oil …