- On the back of already tight global fuel markets, recent events surrounding the Russia-Ukraine crisis have pushed spot coal and gas prices to record highs, making wholesale power prices skyrocket.
- In early March, the European Commission released its REPowerEU proposal, an outline of a plan to make the European Union independent from Russian fossil fuels well before 2030.
- The global energy supply crunch, now exacerbated by the Russia-Ukraine crisis, and climate-related extreme weather-induced power supply disruptions of 2021 have pushed supply security and grid reliability to the forefront of policy discussions.
For further details see:
Global Power And Renewables Research Highlights, April 2022