Energy

tranmission lines

Gas-fired power generation hits four-year high

It was the dunkelflaute Low levels of renewable generation and high demand drove gas-fired power generation to its highest level since 2021 for the first quarter of the year. That was the standout highlight in a new report on the British power generation market by Montel Analytics. Montel’s study showed that electricity generated by combined […]

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power

Bank of England Admits Carbon pricing is pushing up energy prices

The Telegraph reports: Net zero policies are sharply driving up energy costs, the Bank of England has admitted, as officials battle to bring living costs back under control. Sarah Breeden, the Bank’s deputy governor, said households and businesses were paying more for energy because of so-called carbon permits, which require power plants to pay for

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Mad Power thoughts

Had it not been so exceptionally calm in the run up to this autumn equinox, one could call the energy crisis a perfect storm. Wind farms stand idle for days on end, a fire interrupts a vital cable from France, a combination of post-Covid economic recovery and Russia tightening supply means the gas price has

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UK power crisis – entirely the fault of regulators and ministers

We are heading high speed into an energy train wreck with a perfect storm of bad luck, bad policy and plain bad decision making. Let’s list the key ingredients for this recipe of disaster. Rush to switch to low carbon generation. Slashing gas storage facilities. Outlawing fracking. No new nuclear power plants operational. Additional fees

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