Max Colchester

And that has created energy shortages.

which is what is driving the higher prices.

One alternative would be to focus on places in Europe where the renewable energies make sense economically, because there are places where they do.

In Spain, which has got these high plateaus with lots of wind and lots of sun, it seems as though that might be an economical place to use renewable power widely, and even maybe to funnel, pipe that power up into Central Europe.

And in the Nordic countries as well, the calculation is better for renewables because they have hydropower.

And that's more of a steady source of energy, which is what industrial businesses need.

The problem with solar and wind is that they're volatile.

You have to store them.

And the overall cost for the system is probably higher.

So you need extra power capacity.

You need extra grid.

You need extra power lines.

And you need storage, which is expensive.

Thanks, Caitlin.

Thanks, Caitlin.

The main implication actually is not so much as practical as in as it resets the mood music around the relationship between the UK and the EU. What we're seeing today is a series of agreements on potentially allowing young people to move more freely between the EU and the UK. There's an agreement to try and make it easier to trade. food and other agricultural products between the two.

The main implication actually is not so much as practical as in as it resets the mood music around the relationship between the UK and the EU. What we're seeing today is a series of agreements on potentially allowing young people to move more freely between the EU and the UK. There's an agreement to try and make it easier to trade. food and other agricultural products between the two.

There's access to a big defence fund, potentially. So there's a lot of things that are being thrown in here to try and ease tensions and build trust towards potentially a deeper relationship in the future.

There's access to a big defence fund, potentially. So there's a lot of things that are being thrown in here to try and ease tensions and build trust towards potentially a deeper relationship in the future.

The details are still being hashed out, but there's an EU fund being set up where basically finance is being pooled on the EU side and British arms makers would be able to sell to governments using that fund to procure weapons.