Monthly Archives: December 2013

Hogmanay Blowout week 52

UK: UK energy news continues to be dominated by actual power cuts, talk of blackouts, power station closures and subsidies for doing nothing. Europe: German finance minister on Energiewende “I think we need to start over” World: Ice storms close down … Continue reading

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The Ice Man Cometh

Have you ever wondered when the next ice age will begin? According to Physicist and fellow blogger Clive Best we may already be past the optimum temperature of the Holocene Interglacial and be sliding back towards the next ice age. Continue reading

Posted in Climate change | Tagged , , , , , | 43 Comments

Blowout week 51

UK: UK energy news is dominated by the EU calling for an enquiry into Hinkley Point nuclear deal. Ofgem, the UK electricity and gas regulator lays out plans for blackouts [ASTONISHING!] World: Mexico passes law enabling foreign companies to explore for … Continue reading

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Energy Matters’ 2050 pathway for the UK

The DECC 2050 calculator is simultaneously brilliant and frustrating. It forces the user into Green thinking and in some cases surreal choices. For these reasons I have avoided using the calculator for years – a form of protest. But following a friendly email exchange with David MacKay a few weeks ago where he explained how to get around some of the Green options, I decided to give it a go. Continue reading

Posted in Energy, Political commentary | Tagged , , , | 49 Comments

OECD oil production update July 2013

OECD oil production is rising once again. In the North Sea, production peaked at 6.82 million barrels per day (mmbpd) in November 1999 and has since fallen 56% to 2.98 mmbpd. This decline has been more than compensated by rising production in N America. The N American low point was 12.9 mmbpd in October 2008 and has since been lifted by shale oil and tar sands production to 17.1 mmbpd, a rise of 4.2 mmbpd. Continue reading

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Blowout week 50

UK: The UK Institute for Economic Affairs voices opinion on creeping state control over the energy industry. Marathon oil announces exit from the North Sea. And another large offshore wind project is cancelled. Europe: Petrochemicals industries under threat from US competition. … Continue reading

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The Coire Glas pumped storage scheme – a massive but puny beast

Coire Glas, therefore, is simply window dressing in efforts to “Green” UK power supply with pylons, turbines and dams. Continue reading

Posted in Energy | Tagged , , , , | 27 Comments

Brave Green World and the Cost of Electricity

Approximately 50% of the recent rise in electricity bills may be attributed to the rise in natural gas and coal prices. The rest may be down to the UK government’s Green, CO2 abatement measures. Continue reading

Posted in Energy, Political commentary | Tagged , , , , , , , , , , , | 65 Comments

OPEC oil production update July 2013

OPEC production has been bumping along a plateau of around 35 million bpd since 2005, that is despite prolonged record high oil prices. Continue reading

Posted in Energy | Tagged , , , , , , , , , , , , , , | 7 Comments

Blowout week 49

Never in the history of public subsidy can so much have been paid by so many to so few…Simon Jenkins writing in The Guardian Continue reading

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Energising Energy Matters

The success of Energy Matters will be determined by whether or not individuals and companies are prepared to make occasional donations to keep me motivated and energised. Continue reading

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Maximising Economic Recovery: the Wood Review

The UK is now a net importer of oil and gas and coal with a net cost to UK balance of trade near £22 billion in 2012 (Figure 2). It was against this backdrop that Secretary of State for Energy and Climate Change, Ed Davey, invited Sir Ian Wood to conduct a review of the North Sea oil industry Continue reading

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“The future of oil supply” – special edition of The Royal Society

Were they crying “Wolf”? Concerns about “peak oil” have recurred repeatedly since the resource was first developed, but they reached an unprecedented height in 2007 just prior to the global economic recession. Continue reading

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UK oil and gas reserves

A number of sources (DECC, BP, this report) point to UK proved oil and gas reserves to be of the order 4.5 billion barrels of oil equivalent (boe) at the end of 2012. On current trajectory this will be mainly produced by the end of this decade and the North Sea party will be over. That is unless urgent action is taken to stem the decline…. Continue reading

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Blowout week 48

This week in Blowout: UK: The argument over high energy prices rumbles on. The government contemplates reducing support for energy efficiency targets – which in my opinion seems to be the exact wrong course to take. Oil companies contemplate delaying … Continue reading

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