OPINION: Getting Back to the Energy Trilemma
We’ve all struggled with a dilemma at some point, writes Sanjoy Sen
We’ve all struggled with a dilemma at some point, writes Sanjoy Sen
In looking back at 2022, it is hard to overstate some of the significant developments affecting the oil and gas industry.
The CEO of the North Sea Transition Authority (NSTA) has been shouted off stage by protestors – during a speech about the energy trilemma.
A former chief executive of Shell told Energy Voice that the industry needs to focus on educating the public and politicians on the complexities of the sector, and use its people as "ambassadors".
Experts have said the UK North Sea is the “highest risk” location in the world for legal disputes to erupt in the oil and gas sector.
Surging oil and gas prices and European supply uncertainty resulting from Russia’s ongoing attacks on Ukraine are the latest examples of the challenges and risks of global fossil fuel dependency.
Recent months have underlined that energy security "still trumps" sustainability in the minds of politicians, the head of a trade body has claimed.
The reduction in fuel duty announced in the Chancellor’s spring statement highlights that in the short to medium term he will have to wrestle with the re-emergence of the energy trilemma: simply put, how does the government address the competing demands of energy affordability, energy security and sustainability?