Featured Posts
Time to accept that wind farm costs are not falling
There has been a consistent narrative that the cost of building new wind farms is falling, with falling subsidy [...]
Windfall tax harms oil and gas production and must be cut
In May last year, the UK Government introduced a windfall tax on the profits of oil and gas companies [...]
Why Norway’s views on energy security should ring alarm bells across Europe
Norway's energy security would appear to be a done deal, yet the past couple of years have been very [...]
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 [...]
Recent Posts
NG ESO’s winter outlook still understates risks and focuses on demand reduction
Today, National Grid ESO published its Winter Outlook for 2022/23, updating its position since the early outlook issued in July, which was widely seen as unrealistic. The position in July was that a capacity margin of 4.0 GW was [...]
Business energy support maximum discount lower than expected
The Government has updated the maximum discount levels available to businesses through the Energy Bill Relief Scheme this winter. When the scheme was initially announced on 21 September, the expected maximum discount values were £405 /MWh for electricity and [...]
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 [...]
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