When charged particle inside a media moves faster than the speed of light of that media, a faint bluish glow is observed which we call as "Cherenkov radiation". It is a very common scenario in nuclear power plant. I have been told that the high energy particles polarise the dielectric media (water) while traversing through them. When they depolarize they emit photon. The energy difference between excited and ground state of media particles is such that the frequency of emitted photon falls in blue light region of visible spectrum. That's why we see blue colour.
My question is, if it is so, then what is the necessity of charged particles moving faster than light? I mean, can't they polarise the water molecule even if they move slower than speed of light?
Moreover, in wikipedia, I have read that it is also possible to observe Cherenkov radiation in vacuum. So it seems there is no connection between Cherenkov radiation with medium and speeding faster than light. Is it so?