Energy Policy
Following on from my post about the need to secure critical minerals for the energy transition, in this post I look at copper and aluminium, two metals essential for the delivery of the huge increase in grid infrastructure that will be needed to deliver [...]
Following on from my recent post about the challenges of upgrading power grids to meet net zero ambitions, in this post I will set out the issues relating to the supply of critical minerals for the energy transition. This issue is creeping up the [...]
Yesterday I reviewed the key market themes in 2023. In this post I take a look at what we can expect in 2024... The past couple of years have been dominated by concerns over energy prices, particularly gas. However, gas prices have fallen significantly [...]
At the end of each year, I like to look back at the past year and ahead to what the coming 12 months might bring (which I will cover in a separate post tomorrow). In the past, I have focused primarily on the GB [...]
Today Ofgem has launched a couple of new price cap consultations (wholesale costs review and additional debt costs review consultation) which both close on 17 January. The debt costs review in particular has hit the headlines and is widely being reported as a done [...]
Eighteen months ago I wrote a blog entitled: Cakism in energy policy begins to bite which gained a lot of attention, in which I pointed out that policy-makers tend to want to have their cake and eat it when it comes to energy policy. [...]
This week my nuclear paper for the Global Warming Policy Foundation (“GWPF”) was published: Prospects for nuclear energy in the UK. The GWPF has taken a somewhat more negative interpretation of my report than I expected – yes, we face a real risk of [...]
The other evening, I was a panellist at an event bringing together energy companies, investors, bankers and other interested parties, to discuss the ways in which companies and investors communicate on issues relating to the energy transition. We discussed various questions around what investors [...]
Despite the recent high-profile approval of the Rosebank oil field in the North Sea, the picture for domestic oil and gas production remains bleak. The Conservative Government has recently spied an opportunity for re-election by deferring the costs of the energy transition at a [...]
The pervasive narratives about off-shore wind in recent years have been that costs are falling, and that wind power is cheap. But as I noted in a previous blog, and in my latest article for The Telegraph, things are not quite so rosy as [...]