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
Future System Operator: joint gas & electricity system operator to be nationalised
This month the Government and Ofgem have announced the creation of a new system operator to manage both the gas and electricity transmission systems in Great Britain. Dubbed the “Future System Operator”, the organisation will be publicly owned and [...]
Strange times in European gas markets
Gas markets have been on a bumpy ride recently and it has been difficult to keep track of the news flow. This blog provides an update on some of the key events of the past few weeks. Prices have [...]
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 (only) solution to the energy crisis. They also claim that renewable energy is cheap, deflationary, and will deliver lower bills [...]
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 strategy sets new targets for the deployment of wind, new nuclear, solar and hydrogen, whilst supporting the production of domestic [...]
A 14-point plan for energy security
The Government has indicated that it is preparing a new white paper on energy security, which is now expected to be published later this week. It is widely expected to include a renewed focus on nuclear power and exploitation [...]
Troubling times in the French electricity market
As Europe focuses on a gas market crisis that began with a covid-related supply and demand imbalance that has now been significantly magnified by the consequences of the illegal war in Ukraine, a smaller crisis in the French electricity [...]
Is Gazprom Energy on the verge of collapse?
Last week I wrote about the pressure UK businesses and public sector organisations are facing in relation to their energy supply agreements with Gazprom Energy and Gazprom Marketing & Trading (“GMT”). Some organisations such as Centrica have announced they [...]
House of Lords Committee reports on “Ofgem and net zero” enquiry
Earlier this month, the House of Lords Industry & Regulators Committee published its report on its Ofgem and net zero enquiry. Although the terms of the enquiry centred around the role of Ofgem, the report’s focus is more on [...]
UK businesses facing pressure to self-sanction Gazprom
Russia’s full-scale invasion of Ukraine on 24 February sent shock waves around the world. The response from many governments has been the imposition of sanctions on Russian businesses, particularly those with links to the Kremlin. In addition to this, [...]
Energy policy in a time of conflict
As the illegal war in the Ukraine continues, there is a growing discussion about the need to move away from a reliance on Russian commodities in the energy market, which presents new challenges to energy policy. The timing could [...]
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