Insiders working on Britain’s energy policy call it the ‘trilemma’. It’s a perpetual triangular puzzle, with three discrete issues at each tip: energy prices, the security of supply and polar bears.
Tampering with one element of the triangle has a direct impact on the other two sides, and balancing the interests of consumers, energy producers and the environment has been a dominant theme as nations tackle the climate emergency.
In early March, the world changed. Vladimir Putin’s invasion of Ukraine and the ongoing war - cynically dubbed by the Kremlin as a 'special military operation' - with the sanctions imposed by western governments, has cranked up the debate on national energy security.