Wednesday , February 21 2018
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Energy

Arctic oil doesn’t exist

Arctic oil rig

The supposed silver lining in the large storm cloud that is global ice melt, was that in the absence of the Arctic ice cap, oil companies would be free to drill into virgin seabed. Nowhere was this more so than the Barents Sea above Norway’s North Cape, which was promoted …

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When the party comes to an end

Empty bottles at the end of the night

  Nicole Foss famously compared the oil industry to a late night drinking binge.  The early oil found in pressurised deposits just 70 feet beneath the ground was the best booze.  The North Sea was the cheap stuff.  Hydraulically fractured shale oil and tar sands, though, are the last-ditch equivalent …

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Electric cars: more disruptive than we bargained for

Electric car chassis

The UK is the latest in a growing list of countries to announce bans on petroleum vehicles.  This has led to understandable concerns about the ability of national electricity grids to cope with the massive demand for additional electricity that such a ban implies.  The thinking appears to be that …

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The ‘shale revolution’ ends with a bang

Fracking explosion

As British frackers struggle to drill a handful of test wells, the US ‘shale revolution’ on which their efforts are predicated looks to be coming to an end. The reasons for its demise will send shivers through UK investors as they realise that it has nothing to do with the …

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UK energy review is a danger to us all

Energy Review

The UK government review of energy costs is unlikely to result in pleasant reading for anyone.  This is because the chosen reviewer, Oxford University professor Dieter Helm, has a long track record of telling unpleasant energy truths about the cost of renewable electricity while overlooking the equivalent problems with gas. …

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Energy is a bigger problem than Brexit

Electricity crisis

The temptation is to jump on the bandwagon and attack British Gas owner Centrica for profiteering and for participating in a cartel in the wake of its 12.5% hike in electricity prices.  It is certainly difficult to feel any sympathy for a multinational corporation that raked in profits of £816 …

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Smart meter roll out dropped

Smart Meter

Britain’s hi-tech clean energy future was going to be built around a smart grid of interconnected household and business smart meters.  Connected up to smart equipment like domestic heaters and freezers, the smart grid would enable National Grid operators to balance supply and demand by remotely operating the equipment; for …

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Adding hot air to global warming

disused cars

Make way for yet another tedious round of green virtue signalling as people who should know better celebrate the UK government’s ban on new petrol and diesel cars.  At first glance, it sounds like a great idea.  The billions of cars and vans around the world that pump out noxious …

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The distinct whiff of ministerial greenwash

Solar Power

Green virtue signalling has become so prominent that even Tory ministers are getting in on the act.  Today, Business and Energy Secretary Greg Clark will announce a new Industrial Strategy that, apparently, aims to power the UK economy with solar panels. What’s not to like? Except, of course, that this …

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