Triumphant Putin’s fresh grip on power only strengthens the need for renewables in Europe

There was nothing surprising about Vladimir Putin cruising to victory in the Russian presidential poll and few in the renewables industry might think they have cause to take much notice.

But the future leadership of this sprawling nation has considerable significance because of what it means for the gas market.

What happens in that sector has great importance for clean-tech, particularly in Europe, which is why UK regulator Ofgem is in the middle of a major review of the global gas market. Many outside the renewables field are convinced that a combination of shale gas and new Russian Arctic natural gas from the Shtokman field means the whole wind and solar game is a waste of time.

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