Unsettling the energy mix, clawbacks

The energy markets are in a flux and the ideal mix is changing.

The volatility in the price of natural gas has been exacerbated with the Russia-Ukraine war. It has amplified the pain of power retailers in the UK, at one end, and re-ignited the debate on the benefits and risks of nuclear power, on the other. For those companies that have ended up on the right side of the price surge — which include several companies generating renewable energy —  clawbacks are being designed to take away supernormal gains.

Billionaire entrepreneur Elon Musk wrote on Twitter that nuclear was “critical” to national security. The radiation risk is overplayed, he added. Venture capitalist