For most of the time that I have compiled this, the IEA have been a source of frustration. Until recently they consistently, almost wilfully underestimated the growth of renewables in their forecasts. However, this week’s report, covered below, has the headline I have been waiting for ever since I started talking about “peak oil” back … Read More
The campaigns aimed at discrediting anything to do with the energy transition seem to have stepped up a gear, which is disappointing. Our small contribution to the fightback starts with the lengthy list of corrections to the misinformation surrounding heat pumps. I realise that some people have had underwhelming experiences with them, but that does … Read More
It is disappointing that Shell have “adjusted” their energy transition goals, even if it really is just tinkering. The oil majors could help drive the transition in a major way, and are doing so to some extent, but announcements like this give the impression that their priorities are to maximise the revenues from their legacy … Read More
COMPANY NEWS Brookfield raises $10B for latest energy transition fundBrookfield Asset Management announced this week it had secured $10 billion for its latest energy transition fund in its first close. The firm said it will continue to raise money for the fund until Q3 of this year.The clean energy investor — which has over $850 … Read More
Focus is on EV charging this week. Whilst compiling it I got to wondering about whether the public charging network and charger availability is keeping up with EV ownership. I am guessing that quite a percentage of readers own an EV. My sense is that there is more competition for charger time than there was … Read More
Welcome to Titbits 2024. To use a corny football commentators expression “this one could go either way”. The energy transition is now into territory where a draw doesn’t cut it any more. One thing that can be guaranteed, however, is that most weeks Titbits will continue to provide carefully curated news in bite-size chunks UK … Read More
One aspect of doing this that I particularly like is when different stories create links with each other. An example this week is the announcement of the increase in auction prices for the next round of CfD auctions, which links with Octopus Energy’s announcement of a new offshore wind fund. Maybe Octopus’ timing is good … Read More
Looking at the selections this week, two kinds of innovation are featured: First are the “out of the box thinking” type such as the burying of biomass and the fracking energy storage. The second is the Government sponsoring the long term ambitions of the fusion industry, and trying to pick winners. COMPANY NEWS AstraZeneca Partners … Read More
I hope that in times to come it will be seen as one of the scandals of our age that governments continued to subsidise fossil fuels even though they were well aware of the damage to climate and health. COMPANY NEWS Octopus acquires Shell EnergyShell has reached an agreement to divest its home energy businesses, … Read More
Every week there seems to be a story telling us how the UK is squandering its lead in the race to net-zero, or, at least that we are falling behind our targets in most areas. So as to avoid depressing you all I am away for a couple of weeks, so next episode will be … Read More
