Other News

Hydro dries up in Brazil, China steps in

Hydro dries up in Brazil, China steps in

Brazil is in the grips of a two-year long drought with some city reservoirs below 7% supply. The impact is being felt across industries especially the energy sector. Hydropower supplies 66 per cent of the country’s energy capacity, and with rains absent a reliable electricity supply is at serious risk.  […]

French election 2016: the frontier of Europe’s energy debate

French election 2016: the frontier of Europe’s energy debate

In three weeks, members of France’s centre-right Les Republicains party will choose their candidate for the 2017 presidential election – one frontrunner is former President Nicolas Sarkozy. Energy has played a central role in the debate over the Government’s record. Plans for a carbon tax were scrapped at the last […]

FT exposes the myth of ‘green jobs’

FT exposes the myth of ‘green jobs’

There was a good piece by the FT’s Jonathan Ford over the weekend, looking at the so-called ‘green jobs’ argument: the idea that renewable subsidies pay for themselves in terms of increased employment in the renewables industry. It’s an argument that investors should treat with caution, for a number of […]

Investors shun the UK renewables sector

Investors shun the UK renewables sector

The UK renewables sector is losing its investment appeal, according to a key market index. EY’s table of the world’s most attractive energy markets has seen the UK fall to an all-time low, just behind Morocco.  Reasons for the fall include uncertainty over Brexit and a shift in the country’s […]

Scotland’s bosses ‘severely concerned’ by the prospect of blackouts

Scotland’s bosses ‘severely concerned’ by the prospect of blackouts

The head of Scotland’s Institute of Directors has warned that renewables alone will not be enough to meet Scotland’s energy needs.  Scotland has gone further down the renewables path than many other countries, with the Scottish Government targeting a 100% renewable electricity supply by 2020. David Watt, who represents 1800 […]

UK Government: ‘eye-watering sums’ needed to keep the lights on

UK Government: ‘eye-watering sums’ needed to keep the lights on

Britain’s Chancellor Philip Hammond has said the UK will need to invest ‘eye-wateringly large sums of money’ just to keep the lights on. Speaking at Treasury Questions yesterday, the Chancellor said that Britain will have to spend as much as £100 billion on new energy infrastructure over the next twenty […]

The £8 trillion cost of renewable baseload power 

The £8 trillion cost of renewable baseload power 

Batteries are often touted as a solution to the ‘intermittence’ of renewables – the fact that you can’t generate power when the wind drops or the sun goes in. With big enough batteries you could store up the power produced on a particularly blustery day, then release it onto the […]