So how do we tackle high energy prices? By rapidly expanding investments in renewable energy. With prices falling sharply over the past decade, renewables are now nine times cheaper than gas. It is only by engaging in colossal efforts to build up wind and solar capacity that we can meaningfully address the dual crisis of energy and climate.
But we will still need gas. Because the wind does not always blow, nor the Sun shine. Therefore we still need dispatchable power in that system – which currently means gas.