Uranium mining: the economics?

This simple model aims to disaggregate the marginal costs of a new uranium mine, as a function of uranium prices, ore grade, capex and opex. Our base case is a…

CO2-EOR in Shale: the economics

We have modelled the economics of CO2-EOR in shale, after interest in this topic spiked 2.3x YoY in the 2019 technical literature. Our deep-dive research into the topic is linked…

Major technologies to decarbonise power?

Leading Oil Majors will play a crucial role in decarbonising the energy system. Their initiatives should therefore be encouraged by policy-makers and ESG investors, particularly where new energy technologies are…

Solar power: decline rates?

This data-file tabulates the ‘decline rates’ of 3,200 US solar power plants, which have reported data to the US EIA, using in-house web-scraping and aggregation software. Across the entire data-set,…

Oxy-combustion: economics of zero-carbon gas?

Oxy-combustion is a next-generation power technology, burning fossil fuels in an inert atmosphere of CO2 and oxygen. It is easy to sequester CO2 from its exhaust gases, helping heat and…

US Offshore Wind Economics?

This model outlines the economics of an offshore wind project, based on guidance for Equinor’s flagship, 816MW “Empire Wind”: an exciting development off New York, constructing c80 x c10 MW…

Solar Use within the Oil Industry?

This data-file tabulates 20 solar projects being undertaken within the oil industry, in order to clean up production and reduce emissions. More projects are needed, as the total inventory will…

Investing for an Energy Transition

What is the best way for investors to drive decarbonisation? We argue a new ‘venturing’ model is needed, to incubate better technologies. CO2 budgets can also be stretched furthest by…

Development Concepts: how much CO2?

This data-file quantifies the costs and CO2 emissions associated with different oilfield development concepts’ construction materials. We have tabulated c25 projects, breaking down the total tonnage of steel and concrete…