Peak oil may be upon us but I fear the primary challenge for the UK isn’t oil but rather electricity. With rapid decommission of the aging nuclear fleet and falling extraction rates of indigenous natural gas and coal our three main sources of electricity accounting for some 95% of our electricity supply are in […]
On the 2nd August this year I reported on some a collection of news stories that seemed to indicate that the oil extraction rate of the oil majors had fallen over the last year or so (Oil Majors See Extraction Fall). These news stories were backed up by analysis of quarterly reports from the […]
What happens when commodities become scarce? The price increases. We have already seen highly publicised domestic gas and electricity price rises this year. Domestic heating oil has also increased dramatically though this price rise hasn’t had anywhere near the same media attention.
These prices rises were highlighted on the 29th Sept ’05 in […]
Two interesting reports have been published recently, Energy Trends from the DTI updated with 2005 Quarter 2 data and Winter Outlook Report 2005/06 from Ofgem. These two reports contain a wealth of data on the UK energy market past, present and looking forward to the winter. However I am less impressed with the […]
Two interesting reports have been published recently, Energy Trends from the DTI updated with 2005 Quarter 2 data and Winter Outlook Report 2005/06 from Ofgem. These two reports contain a wealth of data on the UK energy market past, present and looking forward to the winter. However I am less impressed with the […]
Here’s a topical cartoon for the weekend, drawn by a friend of mine out in New Zealand. It was for a newspaper and based on the uproar they had when petrol prices went up recently.
One of the common complaints levelled against the deployment of renewable energy like wind and solar on the national grid is that of intermittency. What good is a source of energy if you can’t rely on it to be there when you need it? Intermittency is managed today by ensuring that intermittent sources […]