
Energy, the Ukraine war and the post Brexit dividend
To say the war in Ukraine has caused the dysfunction in the UK’s energy strategy to be exposed is an understatement. Renewable energies, whilst in unit cost terms are coming down, don’t generate sufficient power all year round to be viable. What this had meant is the UK would be generating a surplus over summer, whilst buying power from the continent over the winter. Up until the Ukraine war, that had worked and had meant the long-term storage facilities at rough had been shut down for example, as power had always been available from the continent.