On the back of a 2% rise in the price of oil and 0.44% fall in the value of the UK pound against the US dollar today I believe we have a new record price for oil when the US dollar price of West Texas Intermediate is expressed in UK pounds (hat tip ianbeale). […]
It has been apparent since the summer of 2005 that gas supplies this winter were going to be tight. Despite this the UK energy minister Malcolm Wicks had the audacity to state that the country was “awash with gas” when the evidence showed the situation to be tighter than ever.
Events are transpiring against us […]
One of the most significant decisions facing the UK this year is what to do about the ageing fleet of nuclear power stations. The UK pioneered civilian nuclear power generation with a young Queen Elizabeth II opening the world’s first public grid connected power station on 17th October 1956. Calder Hall’s four 50MW […]
For the last couple of hours I’ve been reading in amazement a report from Deloitte’s Energy, Infrastructure and Utilities division. Its title: 2020 vision - Meeting UK power generation objectives in 2020.
I say reading in amazement since it is exactly the report I would have written had I had the resources. The […]