Electricity prices in the UK are painful, and galling when set by the price of gas, but it’s worth remembering that this model and all this expense has bought a major asset that will only become more important and strategic.

The next milestones to hit are:

* A 10x increase in generation capacity

* A 100x increase in storage capacity

* A 1000x increase in seasonal storage capacity

* Electrification of heating

* Electrification of synfuels and synthetic chemical feedstocks

Full energy sovereignty is achievable within 10 years at wartime-spending levels. Probably 30 years otherwise.

Rehabilitation of nuclear is almost certainly required for the transition and a very good hedge / backstop regardless.