The climate summit in Glasgow in November coincided with the start of the winter heating season in the northern hemisphere. Just as global leaders were racing to pledge net-zero commitments and decisive action to address the worst impacts of climate change, Europe and Asia were starting to see first-hand what tight traditional energy markets looked like. Despite the record rise in global investments in renewables and clean energy capacity installations in recent years, renewable energy was not enough to meet the rebound in electricity consumption.…
