Sunday , October 21 2018
Home / Energy (page 27)

Energy

Oil Prices to fall again… why you should be worried

Rotterdam tank farm

For most of us, petrol and diesel at less than £1.00 per litre can only be a good thing.  Not only are we spending less on our personal travel, but the transportation cost of the goods that we buy has been falling too.  But economists and politicians have breathed a …

Read More »

UK energy U-turn cost £3.14bn

Money

A report from the parliamentary energy and climate change committee claims that the dramatic shift in UK energy policy since the Tories were elected last year has cost UK energy consumers an additional £3.14bn in interest payments on investment. According to committee chair Angus MacNeil MP: “Billions of pounds of …

Read More »

UK Government hits panic button over energy security

time to panic

Following the National Grid announcement that Britain faces an energy deficit next winter, the government have brought forward the capacity auction scheduled for January 2017.  The capacity auction process had been under review, with a public consultation not due to end until April 2016. The announcement comes on the back …

Read More »

Could electric cars kill the UK economy?

Electric Car

We know that electric cars are good for the environment.  And with improvements in efficiency, the latest generation of electric cars can provide a range of 200-300 miles… more than enough for almost all of our journeys.  With battery technology improving, electric car sales are starting to take off. Since …

Read More »

Frackers look to R&D to escape the misery

microscope

With no end to the global oil glut and the consequent price slump, US fracking companies are turning to research and development to provide a way out (at least one that doesn’t include mass bankruptcies) according to Reuters. When oil prices rose above $100 a barrel following the 2008 crash, …

Read More »

Iran pours cold water on world oil freeze deal

Oil storage tank

With the world already oversupplied, and with oil prices well below most countries’ break-even price, Iran has added to the misery by promising to add another million barrels per day to the glut. In an exclusive interview with CNN, Deputy Oil Minister Amir Hossein Zamaninia explained that: “We do not …

Read More »

Traffic damage amounts to a public subsidy for fracking

Fracking Lorries

While much of the public concern about hydraulic fracturing has been with the toxic chemicals deployed and the potential for increased seismic activity, less attention has been given to the impact of increased transport. Transport problems associated with fracking are likely to be a particular problem in the UK, where …

Read More »

French solar roads are about corporate handouts not green energy

solar road tiles

Have you noticed how France is starved for space these days?  Every field, parking lot and rooftop is now festooned with arrays of solar panels generating sufficient green energy to easily meet Europe’s climate change targets.  I assume that is the situation anyway, since that is the only logical explanation …

Read More »

Bill Gates to take over from Mystic Meg

Crystal Ball

One of humanity’s greatest failings is that we take someone who is accomplished in one field and assume that they are competent in all fields.  It is in this light that we should, perhaps, view Bill Gates’ claims that we will see a clean energy breakthrough in the next 15 …

Read More »