Jeremy

Written for Newsbase’s Euroil in June 2015 Brent-WTI spread turns negative again; set to stay tighter The premium that Brent has held over West Texas Intermediate (WTI) – the world’s two most important crude oil benchmarks – reversed briefly on June 19th, for the second time this year, reinforcing expectations of a much narrower average … Read moreBrent-WTI spread turns negative again; set to stay tighter

PeteconVWimpact1115 Following VW’s admission of cheating on diesel NOX and particulate emissions in October, November saw a second scandal hit the company, when it acknowledged that carbon dioxide emissions and fuel economy figures were incorrect for 800,000 vehicles. Employees claimed that 2012 emissions goals to reduce vehicle CO2 emissions by 30 percent by 2015 compared … Read moreImpact of the VW scandals on the energy sector

V3I3-Bowden-Mandarin

Solar and gas team up to extend reach of renewables The European Photovoltaic Industry Association (EPIA) has teamed up with its gas and wind counterparts, in an attempt to put forward joint proposals that will enable the next stage of a transition to a lower carbon energy system, according to Oliver Schafer, President of the … Read moreSolar and gas team up to extend reach of renewables

Cloud technology to lift demand management to new heights. Until effective energy storage arrives, could aggregated demand management be the answer to the rising use of intermittent renewables and squeezed reserve margins? Last week the UK announced winter power supply margins had fallen to just over 4 percent from an estimated 5-10 percent in June, … Read moreCloud technology to lift demand management to new heights.

Economic Development Status Is a Lingering Challenge for COP Negotiations   Tensions between rich and poor countries have long been among the key fault lines preventing any significant global agreement on climate change. At the heart of the issue is the perception of relative responsibility and, especially for poorer countries, a strong desire at the … Read moreComment on COP21 Climate Change negotiations from developing nation perspective

(Written for Switch2 with Tomorrow’s People) Introduction For years, the design of community heating schemes has focused almost exclusively on purely technical considerations. But as the sector matures, developers will need to put residents and the customer experience at the centre of their planning decisions.   Increasingly, M&E teams are expected to think more holistically … Read moreCommunity heating: design for the future

European Oil and Gas Import Dependency to Grow Europe faces a massive challenge as it seeks to manage the transition to non-carbon based energy, but it must not forget the need for oil and gas. Statoil’s Chief Economist Mr Wærness recently argued that even getting enough oil and gas to satisfy demand in a below … Read moreEuropean Oil and Gas Import Dependency to Grow

European oil product markets Atlantic basin gasoline exports support European refining margins   While motorists in the UK and Europe have seen retail fuel prices slide as crude has fallen, changing fundamentals in oil products markets have meant the falls have not been as sharp as crude’s – yet, at any rate – and this … Read moreEuropean oil products – gasoline exports support refining margins

(Originally written for McKinsey’s website, using their data and analysis). Well intervention best option for cost conscious mature field operators With oil prices above $100/bl for much of the last decade or more, there has been little pressure to keep a lid on operating costs, which have risen steadily over recent years, especially in mature … Read moreWell intervention best option for cost-conscious mature field operators