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.

Energy

Energy
Energy

Energy
Europe

Energy
Climate Change

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Net Zero: How We Stop Causing Climate Change

September 3, 2020

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Publications

  • Presentation Europe European energy policy: meeting security of supply and climate change challenges. EIB paper, Vol.12
    May 1, 2007

  • Publication Climate Change Climate change: sustainable growth, markets and institutions
    April 1, 2007

    Paper for the UN Human Development Report 2007
  • Publication Europe Europe’s energy crunch
    January 26, 2007

    The energy sector has a habit of creating surprises. Back in the 1980s and 1990s, when oil prices touched $10 a barrel, and there was excess capacity in most European countries, nobody worried much about security of supply, and bothered even less about cl
  • Presentation Europe The European Framework for Energy and Climate Policies
    January 23, 2007

  • Publication Europe Europe's energy future: in the dark
    January 16, 2007

    Published by openDemocracy, January 2007. The European Commission's new energy plan falls far short of the integrated, long-term strategy that the continent needs, says Dieter Helm.
  • Publication Climate Change The Rising Cost of Change
    January 10, 2007

    Published in Oxford Forum, Volume 3, Autumn 2005, pp. 22-23. In the twenty-first century, there are many challenges that threaten our way of life, itself the product of the enormous economic expansion of the twentieth century. International terrorism and
  • Publication Climate Change Climate-change Policy
    May 5, 2005

    The threat posed by climate change has not yet been matched by international agreements and economic policies that can deliver sharp reductions in greenhouse-gas emissions. Although the Kyoto Protocol has now been ratified by Russia and hence come into le
  • Publication Climate Change Climate-change Policy - A survey
    May 5, 2005

    Climate change presents a challenge to policy-makers of an altogether different kind to the day-to-day business of intervention in the economy to correct market failures. It is characterised by major and multi-dimensional uncertainties (in the science, th
  • Publication Climate Change Climate-change Policy - A Introduction
    May 5, 2005

    The importance of climate change is now widely accepted. From being a research topic, it has moved to the political stage, and whilst most politicians have yet to see it as a 'greater threat than weapons of mass destruction', the main political parties of
  • Publication Climate Change Climate-change Policy - Credible Carbon Policy
    May 5, 2005

    Most developed countries have adopted targets for the reduction of carbon-dioxide (CO2) emissions. Some of these are aspirational, some are recorded in voluntary international agreements, others have the force of law and are enshrined in national legisla
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