Monday , February 19 2018
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Energy

Has the oil glut morphed into something else?

Petrol storage

Following the collapse of the Doha talks to freeze oil production, many analysts had expected oil prices to fall.  In the end, prices remained fairly stable – although still a long way short of their 2014 peak.  One reason why this might have happened is that the oil glut has moved …

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Renewable energy bankruptcies begin

Solar installation

The end of the 2015/16 financial year has seen a wave of insolvencies in the renewable energy sector according to the Yorkshire Post.  The wave of bankruptcies and redundancies are directly attributable to the UK government’s decision to scrap subsidies and impose new taxes on the industry: “According to the …

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Centrica u-turns on renewables

California Turbines

Centrica – the parent company of British Gas – has made a u-turn on its approach to energy generation according to Emily Gosden at the Telegraph. Previously, Centrica’s manifesto for cutting wind farms in favour of more large gas-fired power stations helped to inform the current UK energy policy.  However, …

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The end of coal?

Open Cast

The collapse of Peabody – the world’s largest private coal corporation – may speed the transition to renewable electricity generation according to Claudia Assis at Market Watch: “Since 2010, more than a third of coal-fueled power plants have been retired or are scheduled to be retired, and the market for …

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When fracking isn’t fracking

Fracking

The UK government’s claim that fracked gas is a ‘clean, low carbon transition fuel’ rests solely on the tight regulations designed to avoid the mistakes made in the USA. It appears, however, that potential drillers are deterred by such heavy-handed regulation.  Even operating under the Wild West conditions seen in …

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Could blockchain technology boost renewables?

Micro renewables

New York start-up TransActive Grid enabled the first ever peer-to-peer paid transaction of energy in the USA yesterday.  In doing so, the company aims to usher in a revolution in the way energy markets operate. Traditional energy markets are based around big and expensive national and international infrastructure that favours …

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