Various factors have coalesced to create the current crisis in the energy sector. The extremely warm winter and the COVID-19 pandemic have both had a profound and negative impact on energy demand. These events have taken place against a backdrop of poor policy and regulatory decisions and issues. These include issues with renewable producers receiving the feed-in tariff, overregulation in the energy sector and the fact that energy price subsidies have wreaked havoc in the power sector.

Read more here.