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
CfD auction round failure underscores Government’s wrong thinking on subsidies
Earlier this month, the UK Government completed its latest subsidy round for renewable electricity generation - the fifth allocation round ("AR5") for the Contracts for Difference (CfD") scheme. And it has widely been seen as a failure since no [...]
Stabilising US power grids using synchronous condensers
Recent posts have explored some of the issues the US power grids are facing as the premature closures of fossil fuel and nuclear power stations are creating problems for security of supply. Something discussed less often in this context [...]
Are we seeing signs of a US nuclear renaissance?
There appear to be some tentative signs of a US nuclear renaissance against a backdrop of growing grid instability as coal and gas power stations are pushed out of the market in favour of wind and solar. In my [...]
Hope is not an acceptable strategy: new policy risks US electricity shortfalls
In my previous post I covered the impact of the Inflation Reduction Act and the way challenges with grid infrastructure will act as a brake on climate goals. In this post I will look at another major challenge being [...]
The Inflation Reduction Act will boost renewables but won’t be enough for net zero
The USA has often been seen as at the forefront of the energy transition (or at least some states such as California have), although progress has been relatively slow - the first half of 2023 was the first time [...]
The myth that renewables are cheap persists in part due to the flawed use of LCOE
In my latest article for The Telegraph, I revisit the myth that renewable energy is cheap. Predictably, some people have come back at me with “ah but Lazard says renewables ARE the cheapest form of energy – see their [...]
Electric cars are not as sustainable as people think
Today the Telegraph published an opinion piece I wrote on electric cars, linked here. My sources for the article are listed at the bottom of this post. Of course, this is an opinion piece for a newspaper, so it’s [...]
Approaches to ESG investing are beginning to change, and not before time
There has been mixed news on the subject of ESG (Environmental, Social and Governance) investing recently, and I have a sense there is something of, if not a backlash, then a re-adjustment in how such investing is being viewed. [...]
How best to ensure energy market competition? Abolish the price cap for a start
Hot on the heels of widespread annoyance over energy suppliers’ mythical profits, comes a new report from the Centre for Policy Studies saying that the price cap is stifling energy market competition and costing consumers money. In fact, this [...]
Controversial cost recovery sees British Gas profits rise
Last week Centrica announced its interim results, which saw British Gas profits increase tenfold, setting off predictable outrage from the media and politicians. Journalists have been falling over themselves to criticise the company, and in particular the fact that [...]
Recent Comments