On November 23rd, Financial Times Energy Editor, Andrew Ward, wrote, ‘energy consumers face paying £30bn above market prices for electricity for Hinkley over the 35-year life of the contract’. He was in error. The actual additional cost to consumers is £59bn. In his defence, Mr Ward can fairly claim […]
Energy Transition Commission – some considerations
Shell and McKinsey have just launched a global initiative called the Energy Transition Commission. Doubts have been raised about whether the Commission as currently constructed has the integrity to make a positive contribution to the debate on how to keep the climate safe. There is a risk that this […]