The latest from Nicholas Newman (@EUjournalist). Nicholas is an energy journalist and consultant with deep expertise and experience of investment, risk management, geopolitics and trading. 44(0)7580469514.
Oxford Prospect is a current affairs, lifestyle, art, culture, fashion, sport, entertainment, technology, geopolitics, policy and business news magazine based in Oxford.The Oxford region is famous for its universities, research, advanced technology...
The preparations for the first edition of the Rotary Thame Swimathon are under way. Inspired by the London Olympic and Paralympic Games - the event will take place at the Thame Leisure Centre on Sunday 7 October 2012 between 10 am and 1 pm.
Last Sunday afternoon, Opera Anywhere brought its 2012 production of Gilbert and Sullivan comic opera to Oxford. Despite the unusual summer heat, and the small team of players, the performance was excellent.
Responsible Energy Leadership Workshops Launched 12 July 2012 It is clear many of the problems that the global energy industry faces today are a failure to provide effective and responsible energy leadership.
Energy infrastructure construction is expected to “take off” and undergo rapid growth in coming years. The world’s demand for global energy infrastructure investments is projected to reach some €421.14 billion in each year to 2030, of which 60% will be spent on electricity. Power generation as a whole will account for 46% and the remainder will be spread between transmission and distribution, according to the International Energy Agency.1 Despite the European aspiration to decarbonize the power sector, coal-based power generation is increasing with some 1200 coal-fired power plants planned to be built in 59 countries.
Nicholas Newman's insight:
There are many drivers of power infrastructure investment in Europe, chief of which is the commitment to decarbonize the electricity sector by 2030, although this objective is being undermined by the “dash for coal” which is widely available and whose price in relation to gas has crashed. Equally important is the state of the EU’s energy infrastructure which is aging and is unable to match future demand for energy, ensure security and diversity of energy supply, or support large-scale deployment of energy from renewables such as wind and solar. It is this factor that makes upgrading of the existing network and the development of new, intelligent, energy transmission imperative. In Europe, with its aging power generation and distribution infrastructure, power utilities will need to spend an estimated €1 trillion by 2020 on new infrastructure to secure and maintain power supplies. Out of this total sum €750 billion is needed for power generation alone, €90 billion for transmission lines, and at least €150 billion to expand gas supplies and build new pipelines.2http://cornerstonemag.net/the-challenges-of-european-energy-infrastructure-finance/
A new star may appear shortly - not in the heavens, but on the flag of the European Union. It denotes the self-proclaimed nation of Catalonia, which is starting to talk seriously of seceding from Spain and declaring itself independent.
Given the current slowness in the progress of development of new nuclear and renewable capacity in replacing Britain’s planned closure of coal[i] and oil power stations, gas power, is likely to continue to play a vital and important role in meeting...
The French and Belgian Paralympic teams enjoyed one last celebration yesterday as they departed from London by Eurostar, the Official International Rail Service Provider for the London 2012 Olympic and Paralympic Games.
I am an Oxford based energy consultant that provides timely data, rigorous analysis and sound strategic advice on global oil and gas, coal, shale gas, LNG and liquid fuels.I specialise in energy market analysis and strategy for energy companies, energy...
This year’s Charles Simonyi Lecture is given by Luc Steels and asks can machines be creative enough to invent their own language? Created to make scientific understanding more accessible to the public, The Annual Charles Simonyi Lecture is an enlightening hour of cutting-edge science to get you thinking. This special Friday at 5pm event is on Friday 12 October at 5pm.
India is looking to solar power as part of its plans to mend its chronically dysfunctional power sector. Solar power is seen by both the federal government in Delhi and state governments as an essential contributor to help meet increasing demands for power.