Energy Policy
Today I have published a new report into the refineries sector: Fuel, refineries and the UK ETS: what policymakers need to know. In it I call for refineries to be excluded from the UK Emissions Trading Scheme (“ETS”) at the very least, and ideally [...]
Here is the transcript of a speech I gave to the New South Wales Energy Forum on 19 July. Unfortunately it was by Zoom and not in person... *************************** Good afternoon, and thank you for inviting me to speak today about the practical realities [...]
10 years ago today I published my first blog post, and it’s interesting that I’m still talking about this exact topic – the physics of the gas and electricity markets. Last week I was in Parliament giving one of my training courses for MPs [...]
Kemi Badenoch’s proposal to cut energy bills by £200 has been widely dismissed as political posturing, but when looked at properly, from the perspective of consumers and the costs they have to bear, it’s far more coherent than critics would like to admit, and [...]
Today I gave the following speech at the ENVEXX oil and gas conference in London... . Good afternoon. I’m delighted to be here today – thank you to Mike for inviting me. The new dislocation in the energy markets has Ed Miliband and others [...]
The GB Capacity Market was introduced with a clear and repeatedly stated objective: to ensure security of electricity supply by bringing forward new capacity where the market would not do so on its own. In particular, it was meant to underwrite the construction of [...]
This evening my latest report: The true affordability of net zero, was launched at an event hosted by The Lord Offord of Garvel, Shadow Minister for Energy Security and Net Zero in the House of Lords. The event was attended by MPs, Peers and [...]
In the 9th anniversary of the start of my blog, I’m feeling very encouraged by the growing net zero realism. I have long argued against current climate policies on the basis they are making energy more expensive and less secure, without any meaningful reductions [...]
Writing my review of 2024 got me thinking about the link between energy and economy. Cheap energy is positive for economies while expensive energy is negative – that is not in question, and is why policy-makers are at pains to claim that renewables are [...]
In its Clean Power 2030 plan, system operator, NESO, states that materially all of the existing fleet of CCGTs will be required to run approximately 5% of the time in order to meet demand on days when renewables output is low. “Around 35 GW [...]