The face of energy security is changing. Historically, fossil fuels have represented security thanks to their established supply chains and round-the-clock production potential, while renewable energies represented risk and variability. But that equation is reversing as consecutive global oil shocks throw the fossil fuels industry into turmoil and energy storage systems make wind and solar more dependable options at any time of day. The offensive in Iran, led by the United States and Israel, has led to a near-total blockage of the oil industry’s…
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