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- Balancing energy transition involves trade-offs between security, price volatility, and affordability.
- Regulations like Article 6 are crucial for consistent carbon measurement and addressing climate challenges.
Deep dives
Challenges in the Energy Transition and Impact of Energy Costs
The recent surge in global energy prices, particularly gas, has led to over 25 energy providers in the UK collapsing, sparking discussions on the energy transition's complexity and the balance between decarbonization, supply security, and affordability. This transition, driven by policies rather than cost competitiveness, necessitates a better understanding of short-term energy security implications and social consequences.
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