Great white whales: what happened to whale oil prices?
…4-5, in comparison to rock oil and a basket of long-term commodity prices. A very important driver of whale oil pricing dynamics was that supply peaked before demand, and the…
Smart Energy: technology leaders?
…We also tabulate their patent filings. We find most of the offerings will lower end energy demand (by an average of 7%), assist with smoothing grid-volatility, provide appliance-by-appliance demand disaggregations…
Decarbonizing global energy: the route to net zero?
…2-6, looking across 90 thematic research reports and 270 models, which have featured in our work to-date. The aim is to find the lowest-cost route to meeting global energy demand,…
Our Top Ten Research Notes of 2020
…is possible to decarbonize global energy by 2050, even as global energy demand rises by 65%. The total cost of decarbonization is $50trn, which is almost halved versus last year’s…
Nuclear power: what role in the energy transition?
…for 50-70% less than the West, yielding passable economics at 6-8c/kwh, while generating clean baseload power (pages 8-9). China drives our demand forecasts, underpinning 75% of future global demand on…
CO2 prices: re-thinking the costs?
…and no one actually abates their CO2, then you have simply imposed a consumption tax. Is this risk realistic? Different studies show that the price-elasticity of energy demand is relatively…
US industrial furnaces: breakdown by size, by industry, by fuel?
…gas demand (4-5% of total). This is an unbelievably complex and granular landscape, but we have captured as much facility-by-facility data as possible, in the back-up tabs: company-by-company, facility-by-facility, fuel-by-fuel….
Power generation: sensitivity to high-temperature heatwaves?
…demand for air conditioning and cooling in general. The two-fold effect of increasing demand and lowering efficiencies can have a huge effect on grid effectiveness. We have modeled a simple…
Falling towers: how will energy shortages play out?
If global energy supplies run short, then someone has to curtail demand. Europe is in the firing line, with 7% of the world’s people, using 17% of its energy, of…
East to West: re-shoring the energy transition?
…underlying energy demand would be re-shored too. Our current base case is that Western energy demand per capita has peaked and Western oil demand is in absolute decline. These markets…