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 […]
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 […]
Today the International Energy Agency (IEA) released new forecasts for renewable energy capacity, as part of their Medium-Term Renewable Energy Market Report 2016. The forecast has been hailed by some as evidence that renewables are pulling ahead of conventional energy sources. A reality check is needed here. In their most recent […]
Apples and oranges: what’s the best way to compare the cost of energy across different technologies?
One of the biggest controversies in energy policy is how to establish the true cost of renewable power. For investors and policymakers alike this information is essential. Yet depending on what gets measured, it’s possible to produce wildly varying estimates. Take this recent South African study, which argues that new […]
Australia is locked in a heated debate about the country’s energy policies after a state-wide blackout exposed failings in the network. Businesses and homes were left without power and some of the state’s energy supplies are still not back online three weeks later. This week Queensland’s biggest government-owned power generator […]
Speaking at the Conservative Party Conference in Birmingham, Greg Clark promised an upgrade of Britain’s energy infrastructure – and put resilience and reliability of supply at the heart of the new government’s energy strategy. “I believe that it is time for our country to have an upgrade,” he told his […]