Contrary to the assumptions underlying much of current energy and climate policies, fossil fuels have fallen and may remain at the new “normal” levels. In the medium term, Iran and Iraq have considerable potential to increase their outputs, and the new sh
Whilst a great deal of attention has focussed on the project to build twin European Pressurised Water Reactors (EPR) at Hinkley, less has been paid to what happens next. There are ambitious plans for another twin EPR reactor at Sizewell, and other types o
The Big 6 energy companies have scored a great victory at the CMA, and against considerable odds. Faced with an adverse finding that they have made excess returns of around £1.7 billion per annum for the period 2012- 2015, rising to £2.5 billion in the la
They did not see it coming and ever since the oil price started its precipitous crash from the $100 level, they have been reeling. The “they” includes investors, company directors and the resource-cursed governments. At first, they expected it to be a tem
They did not see it coming and ever since the oil price started its precipitous crash from the $100 level, they have been reeling. The “they” includes investors, company directors and the resource-cursed governments. At first, they expected it to be a tem
The prime Minister has said that we should have, by right, access to fast broadband and it should be thought of like the services for electricity, water, transport and all the other utilities. He is absolutely right, but the implications of treating broad
The prime Minister has said that we should have, by right, access to fast broadband and it should be thought of like the services for electricity, water, transport and all the other utilities. He is absolutely right, but the implications of treating broad
The determination of the BBC’s licence fee is the outcome of an opaque and non-transparent process, which contrasts dramatically with that which applies in the case of the regulated utilities. 2. In all the main privatisations from 1984 onwards, the utili
Flooding crises tend to follow an established pattern. First, there is immediate help and assistance. Then second, there is a “review”. On occasions, this leads to a third stage of genuine reform, but in most cases “sticking plasters” are applied. These a
Recent Publications
The EU has been developing its energy and climate policies since 1990, and over time the c...
The most interesting question to ask about oil prices is: why have they taken so long to f...
Whatever the approximate causes of the particular power cuts in mid-August this year, the ...