Why am I writing about this? I work for the British government and Armenia is a small country far away. Well, it starts with a project at my work that matches up employees who would normally have never met, to discuss their work and life over coffee. It's called 'coffee connect' and I've met some really … Continue reading Armenia and the Trilemma
Energy policy is fundamentally about 'balancing' the trilemma - something that symbolises the need for affordable energy, secure energy, and environmentally friendly energy.
According to the IEA's World Energy Investment report, published earlier this week, investment in electricity overtook investment for oil and gas for the first time ever. This is important, as we are currently at a crossroads for our energy transition. Investments today will have reverberating impacts 10, 20, 30 years to come, as certain networks will become committed to certain energy sources. Yet there is a reluctance to make these decisions, as the backdrop to electricity overtaking O&G investment is a 12% drop in global energy investment.
A look back at the British experience of price regulation in the past and how I think the policy landscape shifted back to price regulation