Some notes about Energy

There are three profound challenges facing the energy sector around the world. First, the great commodity super cycle has come to an abrupt end, leading to crashes in the oil, coal and gas prices - undermining the finances of the main producer countries and the companies. 

Secondly, the climate challenge is upon us, and if it is to be addressed, the fossil industries will have to close down over the rest of this century, with or without CCS.

Third, and partly spurred by the drive for low carbon forms of energy, technical change is bringing a transformation not seen since the nineteenth century. New forms of electricity generation, storage, smart infrastructures and radical changes to energy demand are already undermining the conventional technologies. Electric cars and the challenge of new materials to the petrochemical industries are playing their parts too in this great period of change.

These three great changes all fit together.




Climate Change

Latest Publication

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Why intervention on energy tariffs is needed and how to do it without undermining competition

April 25, 2017

Energy Publication

No one should be surprised that there are howls of protest and massive lobbying from some of the Big 6 when faced with the prospect of new price caps from the government, to be included as a manifesto commitment. The Standard Variable Tariffs (SVTs)...


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