THE ENERGY INTERVIEW in the transition, with more renewables and stronger grids, have been better able to absorb these shocks.
Spain, my home country, is one example: its higher share of renewables has helped cushion energy price volatility.
Renewables offer something fossil fuels cannot – more domestic, more price-stable energy with less exposure to geopolitical disruption.
The trilemma – security, affordability and sustainability – is real, but renewables, backed by a modern grid, remain the only credible way to address it.
Q. HOW – IF AT ALL – WILL THE CONFLICT IN THE MIDDLE EAST AFFECT LONG-TERM INVESTMENTS IN THE ENERGY TRANSITION?
» Short-term volatility is real, but the strategic direction has not changed.
If anything, recurring instability reinforces the case for energy independence built on renewables. Every shock to fossil fuel supply chains is a reminder of what is at stake.
The trilemma does not get easier when geopolitics turns unstable. It gets more urgent. Governments and investors need to hold their nerve and
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