This week we got the first full-year operating results for one of Britain’s biggest windfarms. Beatrice has been built in the Moray Firth at a cost approaching £2 billion, and seems to be doing quite well, achieving a load factor of around 48%. However, the details of the accounts show what a financial basketcase it […]

India is increasingly aiming for a fossil-fuel dominated energy sector, and not a green one. India, the world’s third biggest oil importer, is now on a mission to diversify its oil imports and look beyond the Middle East. For the first time, oil processors and buyers in India are buying oil from Guyana and Brazil. […]

The government’s Industrial Decarbonisation Strategy is a somewhat embarrassing document, full of the toe-curling claims to world leadership common to so many announcements across government, all supported with that sleight of hand that we have come to expect. Between now and the COP26 climate summit in Glasgow in November the British public will be subjected by its […]

Five reasons why solar and wind energy stocks are going down. The recipe for renewable energy’s 2020 breakout was so perfect it deserves a Michelin star. Technological improvements had been simmering for years and paired perfectly with short-term seasonings like low interest rates. The result was a 234% surge in the Invesco Solar ETF (NYSEMKT:TAN), a 59% […]

The very prospect of a nation basing its entire energy security on intermittent, weather- and climate-dependent power sources ought to frighten any sane person. […] Instead of the promised nirvana of 100% renewable energy, the overhaul would inevitably end in chaos with exploding electricity costs, frequent blackouts, rationing of electricity consumption and repressive measures to […]

The Paris Agreement targets rely on energy efficiency measures to reduce energy demand and so deliver the bulk of emissions reductions. The effects of the global pandemic have thrown these expectations into disarray, with the deployment of efficiency measures faltering across the world. Still worse, academic analysts are now concluding that W. S. Jevons was […]

When the blackouts arrive, don’t say Americans weren’t warned. You’d think the Texas blackouts would trigger some soul-searching about the vulnerability of America’s electrical grid. Not in today’s hothouse of climate politics. The Biden Administration is already moving to stop an examination of grid vulnerability to promote unreliable renewable energy sources. Regulators have been warning […]

We must be careful that the rush to decarbonise doesn’t mean you can no longer keep the lights on If you are going to call your quango the Electricity Reliability Council of Texas, it is not a good sign when your website goes down. Contacting electricity providers is just one of the problems that the […]