As renewable energy targets are brought forward to lessen dependence on Putin’s pipelines, consideration must also be made for holes in our domestic energy security, and how we can design a system that maintains stability and energy security while still delivering energy that is affordable and green. Increasingly batteries are being used not only for EVs, but to stabilise the grid itself.

Coal is political and environmentally untenable. Nuclear is politically unpalatable in many places, unaffordable, and following Russia’s attack on the Zaporizhzhia, Europe's largest nuclear plant, an unacceptable security risk. The inflexibility of nuclear power station output also makes nuclear difficult to integrate with the variable demand of electric vehicles. I worry that many countries will sacrifice their climate goals to achieve security through a system that combines electrification of transport and coal-fired power. We do not have to do this.

The world will need many more companies that manufacture wind turbines, deploy renewables at scale and manufacture EVs. But Vestas, Ørsted and Tesla have shown the way by identifying the problem and proving the technology and the business model. The next Tesla, whether a disruptive new entrant like Tesla itself or an established company that successfully reinvents itself like Ørsted, will need to do the same for the next problem in the energy transition.