By Julian Singer In July 2022 the UK government published its Jet Zero strategy with a goal that at least 10 per cent of UK aviation fuel should be sustainable aviation fuel (SAF) by 2030 with at least five commercial-scale SAF plants in construction by 2025. In October 2022 the Department for Transport commissioned an [...]
By Julian Singer On 24 May the energy company SSE published its preliminary results for the year to 31 March 2023, showing an adjusted operating profit of £2.5bn, up from £1.5bn a year ago. This strong showing is not surprising given that the largest segment of the company’s energy production is from thermal power plants [...]
By Barney Smith It is perhaps relevant to note that “De-carbonisation by 2050” took 25 pages of explanation (Greenbarrel: Part I of 12 April), whereas “the Energy Security Plan”(Part ll) took 84 pages. Could it be that the voters care more for security of supply today than for de-carbonisation by 2050? At all events, most [...]
By Barney Smith In 2019 the Government amended the Climate Change Act to commit the UK to achieving net zero by 2050, compared to the previous target of an 80 per cent reduction in emissions by 2050. At the end of March 2023 they finally released twenty-five pages of ideas as to how the UK [...]
By Barney Smith On 20 March the Intergovernmental Panel on Climate Change (IPCC), delivered its latest report to the heads of Government, who set it up as long ago as 1988. Amid the hundreds of pages and annexes, the message was clear: act now or it will be too late. Echoing the thrust of the [...]
By Julian Singer Greenbarrel last examined the performance of AIM-listed renewable energy stocks in April 2022. Since then, we have had the continuing disruption of the war in Ukraine with its effect on energy prices, at the same time as much of the world is facing high inflation and higher interest rates. Closer to home [...]
By Barney Smith As Cop 27 drains away, it becomes all too clear that nothing much has changed since Cop 26. Apart that is, from an “Historic” commitment at the very end of the meeting to establish a fund to help pay for adaptation. (to cope with the damage to the world already caused). This [...]
By Julian Singer The large second quarter profits generated by Shell and BP again raise concerns that too little investment is being made in renewable energy compared to oil and gas. A quick look at the FTSE listings highlights the concern: of the 145 companies listed in the Energy sector (Main Market and AIM), only [...]
By Julian Singer Geothermal energy is heat from the earth’s core that had arrived near the surface where it can be exploited. Proponents point to the very large amount of heat available, whereas pessimists point to the cost of exploiting all but the easiest sources, and sometimes query whether it is truly sustainable. Nevertheless, based [...]
By Stewart Dalby Recently, before the sad death of our beloved Queen dominated the air waves, our new prime minister was seeking to set a new cap on energy prices to avoid household misery and business failure. Under the present set up the energy cap is set twice a year on the 1st of April [...]