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Tag Archives: Euan Mearns
Centrally Planned UK Generation Scenarios for 2030
Centrally Planned UK Generation Scenarios for 2030 The economies of the European Union have centrally planned energy delivery strategies where the amount of electricity to be generated from a particular source by a particular time is planned in minute detail by legions of civil servants and academics. This post summarises some of the scenarios for […]
Record surge in atmospheric CO2 seen in 2016
Record surge in atmospheric CO2 seen in 2016 Last week the BBC carried another scare story on climate change, this time citing a report on CO2 from the World Meteorological Organisation: “Concentrations of CO2 in the Earth’s atmosphere surged to a record high in 2016, according to the World Meteorological Organization (WMO). Last year’s increase […]
Australian Energy Policy – an open letter to the Prime Minister and the Leader of the Opposition
Australian Energy Policy – an open letter to the Prime Minister and the Leader of the Opposition In this post I publish an open letter submitted by seven retired Australian scientists and engineers to the Prime Minister and Leader of the Opposition in Australia (h/t to Jimbro). It captures quite succinctly many of the burning […]
Mendacity, Duplicity and Scaremongering
Mendacity, Duplicity and Scaremongering In this post I depart somewhat from our usual format to cover three stories from last week that have a common theme of underlying chaos in and manipulation of energy policy. I begin with veteran SNP politician Jim Sillars (now aged 80) who in a letter to the Scottish Daily Mail […]
The Terrifying Risk of Climate Change in Scotland
The Terrifying Risk of Climate Change in Scotland “Major parts of Scotland’s vital infrastructure are under threat from coastal erosion and flooding, according to the latest government assessments of the dangers of climate change. Thousands of homes and businesses and long stretches of roads and railway lines are also at risk. So are power stations, […]
The High Cost of Renewable Subsidies
The High Cost of Renewable Subsidies I have for some time wanted to get to the bottom of renewable subsidies and their impact upon electricity prices. But the complexity and opacity of the system has always defeated me. And then last week a report titled “Status Review of Renewable Support Schemes in Europe” landed in […]
Oil Production Vital Statistics February 2017
Oil Production Vital Statistics February 2017 Joint post with Neil Mearns who made all the graphs (CV for Neil). January was the month that OPEC was supposed to reduce production by 1.2 Mbpd and Russia + others were supposed to cut a further 0.6 Mbpd. Now that the January production data are in we can see that […]
Blackout
Blackout Last week I gave a talk at The Scottish Oil Club in Edinburgh that was well received. The slide deck can be down loaded here. Since then we have been on high blackout alert since the UK weather has turned cold, wet and snowy with little wind at times. And there are 20 nuclear power stations […]
The Age and Future Size of the Global Nuclear Fleet
The Age and Future Size of the Global Nuclear Fleet This is the last in my mini-series on global nuclear power. There are 441 reactors operational world wide today with an average age of 29.3 years. The current fleet is ageing. The oldest reactors in service today are 47 years old. By assuming that reactors […]
Blowout Week 123
Blowout Week 123 A few careless campers who forgot to extinguish their campfire, or maybe a few kids playing with matches, or a cigarette, or an arsonist, a piece of glass, whatever, have in the last few days done more to bring the global oil market back into balance than OPEC and the rest of […]
Oil Production Vital Statistics April 2016
Oil Production Vital Statistics April 2016 Most regions experienced production losses in March with the exceptions of Iran (+80,000 bpd) and Europe (+90,000 bpd compared with a year ago). Total liquids were down -260,000 bpd for a loss of -990,000 bpd since the peak last July. The oil price rally has continued with WTI on $44 as […]
Drought, El Niño, Blackouts and Venezuela
Drought, El Niño, Blackouts and Venezuela It’s fashionable these days to blame everything that goes wrong with anything on human interference with the climate, and we had yet another example last week when President Nicolás Maduro of Venezuela fingered drought, El Niño and global warming as the reasons Venezuela’s lights keep going out. In this […]
Bond Cycles and the Role of The Sun in Shaping Climate
Bond Cycles and the Role of The Sun in Shaping Climate Bond cycles are defined by petrological tracers from core samples in the N Atlantic that link to the pattern of drift ice distribution. They provide a record of shifting ocean currents and winds, in particular periodic weakening of the North Atlantic current and strengthening of […]
Is large-scale energy storage dead?
Is large-scale energy storage dead? Many countries have committed to filling large percentages of their future electricity demand with intermittent renewable energy, and to do so they will need long-term energy storage in the terawatt-hours range. But the modules they are now installing store only megawatt-hours of energy. Why are they doing this? This post […]
Oil Production Vital Statistics March 2016
Oil Production Vital Statistics March 2016 Since the possible double bottom at $26 formed on February 11th the oil price has staged a rally to $40 (WTI). Traders lucky enough to buy at $26 and sell at $40 have pocketed a tidy 54% profit. Very few will have been this lucky. The trade was stimulated […]
