In the second of our guest blog posts from our Advisory Board members, David Porter*, senior Advisor to Navigant’s Global Energy team, looks at energy independence and interconnectivity in the context of national security.
In most parts of Europe, energy issues are putting policy-makers, energy companies and customers under pressure. In the UK, where rising prices have caused so many headlines, the Labour Party promises a price freeze, pending further market reform. No less remarkably, in Germany, the Energiewende (Energy transition), which was being pursued so confidently, is now presenting serious problems with prices and raising questions about security of supply. The balance that had to be struck between decarbonisation, security of supply and affordability was always an uneasy one, but, now it looks even harder to manage – especially for customers. ‘Fuel poverty’, once thought to be a largely British problem, has become an issue for German policy-makers. So are the complaints about energy bills from German manufacturing industry, which threatens to divert some of its investment to more price-friendly parts of the world.
POWER-GEN Europe Blog 