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There has been a consistent narrative that the cost of building new wind farms is falling, with falling subsidy prices being offered as evidence. I have challenged this narrative in the past, pointing out that evidence from the accounts of windfarms themselves does not [...]
In May last year, the UK Government introduced a windfall tax on the profits of oil and gas companies operating on the UK Continental Shelf (“UKCS”), in response to press stories about “excess” energy company profits. Regular readers will know my feelings about this [...]
Norway's energy security would appear to be a done deal, yet the past couple of years have been very challenging for its electricity market. While the rest of Europe struggles with reduced access to gas, it seems strange that a country which produces far [...]
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 to consumers. They tend to [...]