Tag Archives: electricity price

Blowout Week 158

The signatories to the the Paris Climate Agreement, who include just about every country in the world, agree that the world must cut its fossil fuel emissions drastically if global climate catastrophe is to be avoided. Yet according to Exxon’s just-released Energy Outlook (the IEA and EIA outlooks are similar) the world will be burning more fossil fuels in 2040 than it is now. Does this mean that the world is doomed? Or is somebody missing something?

We continue with stories on the fallout from OPEC’s production cut, followed by nuclear in the US, France, Sweden and China, coal in China and Australia, renewables in China, Europe, and Germany, recent events in UK, roads that recharge EVs in Israel, 2016 ties 1998 for the warmest year on record in the lower troposphere and India solves the carbon capture and storage problem.
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Energy Prices in Europe

A few days ago a link to a UK government report called Quarterly Energy Prices landed in my in box. At the end was a series of interesting charts comparing liquid fuel, natural gas and electricity prices across Europe. This post presents these charts alongside some simple but rather interesting observations. Continue reading

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Blowout Week 120

To provide a little light relief from weightier issues this week’s Blowout features the extraordinary capacity of the human mind to invent new ways of generating low-carbon energy. We already generate biogas from rotting garbage, waste food, vegetable oils and animal manure, and now we generate it from – cheese: Continue reading

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A Christmas Conundrum

Q2 Let us imagine that consumers could buy and store renewable electricity very cheaply when it is windy using a programable smart meter. But the way the market is rigged the producers get paid their guaranteed high price (FIT or ROC) regardless. If consumers are paying below the FIT or ROC price someone must make a loss. Who is that someone? How is this market supposed to work? Continue reading

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Blowout week 96

US shale oil gets a stay of execution, coal-to-liquids in Botswana, CSP in Morocco, wind in the Irish Sea, CO2 emissions to keep rising, dismal earnings from oil majors, Turkey sues Gazprom, China to build offshore nukes, German coal plants now “facilities of last resort”…. Continue reading

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Green Mythology and the High Price of European Electricity

The price of residential electricity in the EU is correlated with the level of renewable energy installed on a per capita basis. The data shows that more renewables leads to higher electricity bills. The notion that renewable energy is cheap is one of five Green energy myths discussed. Continue reading

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