Featured Posts
Addressing the high real cost of renewable generation
Over the past few months we have been inundated with claims from interested parties that more renewables are the [...]
Energy security strategy: worryingly vague, worryingly long-term and worryingly still supply focused
Last night the Government announced its much anticipated energy security strategy, with the full version appearing this afternoon. The [...]
Price cap subsidies for every household as default tariff hits record highs
This morning Ofgem has announced a record increase in the level of the default tariff price cap, from £1,277 [...]
Recent Posts
Possible sabotage puts Nord Stream pipelines out of use
Gas has been found to be leaking from the Nord Stream pipelines in what is being seen as an act of sabotage. On Monday night reports began to emerge of a leak on the Nord Stream 2 pipeline. This [...]
Business energy support scheme caps prices for non-domestic consumers
This morning the Government has announced the measures it is putting in place to support businesses with the high cost of energy (more detail is here). This follows the Energy Price Guarantee provided to domestic consumers on 8 September [...]
Nord Stream 1 remains closed but Europe is coping
I began this post over the first weekend in September when I was interviewed by various news outlets to discuss the decision by Gazprom not to re-open Nord Stream 1 after a short maintenance outage. I was then distracted [...]
Energy Price Guarantee to support households and businesses this winter
Today the new Prime Minister has announced the long-awaited support for rising energy bills. A new Energy Price Guarantee is being introduced which supersedes the price cap and will fix average energy costs for households at £2,500 for 2 [...]
Dealing with high energy prices – a message to Jacob Rees-Mogg
With the largely expected news that Liz Truss would become the new Prime Minister of the United Kingdom, speculation is growing about the support that will be offered to consumers ahead of the increase in the price cap that [...]
Renewed interest in nuclear as energy crisis deepens
Nuclear power may be on the verge of a global renaissance just over a decade after the Fukushima disaster placed its future in doubt. The global shortage of gas in the face of the Ukraine war, with western buyers [...]
Reduce energy waste to tackle energy security and affordability
With the growing energy crisis across Europe there are calls for more action on demand reduction, and in particular to reduce energy wasted through heat losses. Research by the Energy and Climate Intelligence Unit (“ECIU”) suggests that poorly insulated [...]
The energy crisis requires an urgent response from the Government
Over the past few days I have been invited to comment in the mainstream press about the current energy crisis, both in terms of security of supply and high costs. These two legs of the trilemma now dominate the [...]
Major changes to Europe’s gas markets in response to the conflict with Russia
European gas prices have risen sharply in the past two months, as EU nations strive to fill gas storage facilities ahead of the winter. The widening spread between the main EU benchmark, TTF, and the British price, NBP, reflects [...]
Re-opening Rough: what are the prospects for gas storage this winter?
There are growing noises suggesting that the UK’s only large seasonal gas storage facility, Rough, which closed in 2017 may re-open for the winter. Centrica’s storage licence was renewed late last month, and on 3 August, Ofgem granted Centrica [...]
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