China navigates myriad of energy-driven challenges

Because the wars in Ukraine and Gaza present, power markets are extremely susceptible to geopolitical developments.

On the similar time, power is the primary driver of worldwide geopolitical competitors — some extent that Helen Thompson of the College of Cambridge has typically highlighted. The rivalry between the USA and China is not any exception.

The connection between power and geopolitics got here to the fore through the Industrial Revolution. Western international locations harnessed wind, coal and steam energy to extend productiveness sharply and obtain unprecedented prosperity at dwelling, whereas colonizing faraway lands and appropriating their sources. It was management over power that enabled the West to consolidate its financial, political, navy and scientific dominance over the remainder of the world.