Hat tip to Claire Coutinho (then Energy Secretary, now Shadow Secretary of State for Energy) and the think tank Onward with modeling by Transira Energy. This article was first published on the Energy News Beat Substack. Britain’s electricity prices rank among the highest in the developed world—frequently the highest for industrial users among IEA countries and […]
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The Energy Realities team of Dr. Tammy Nemeth, David Blackmon and Stu Turley have way too much fun this morning. The Energy Transition is not happening because we are in an energy addition phase, but the real issue is that a crisis is looming in the next few years. The financial treadmill of doom requires […]
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The Renewable Treadmill of Financial Death The Renewable Treadmill of Financial Death is a topic that David Blackmon , The Nemeth Report (Dr. Tammy Nemeth) and I will be covering at our new time at 9:00 Central this Monday. The following week at 9:00, we have a special edition of the Energy Realities Podcast with Dr. Joseph Fournier, another great Substack […]
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Net Zero Strikes again Energy Secretary Ed Miliband’s push to embed solar panels into every new home under the Future Homes Standard (FHS) is drawing sharp criticism from housebuilders, who argue the policy mandates installations even on roofs that receive little or no meaningful sunlight. The rules, which build on plans originally developed under the […]
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ENB Pub Note: interesting article from City AM in the UK World Wide Generation, developer of the G17 Eco sustainability reporting platform, has entered administration and is seeking buyers while continuing to trade. The company previously served major customers including HSBC, Unilever, and AWS, and had raised roughly £15 million since its founding in […]
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London, July 9, 2026 — The UK’s National Energy System Operator (NESO) issued a rare summer Electricity Margin Notice on July 8, forecasting a shortfall of around 1.2 gigawatts (GW) in electricity margins during Thursday evening’s peak demand period. The warning, one of several issued during the ongoing heat wave affecting the UK and much […]
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The UK is staring down a £500 billion ($667 billion) price tag to hit its net-zero and clean power targets. This eye-watering sum, mostly front-loaded capital expenditure on renewables, grid upgrades, and transmission infrastructure, is set to hammer businesses and household bills for at least the next decade. According to the Energy Industries Council (EIC), […]
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In a historic first for the world’s most important oil price benchmark, no cargoes of North Sea Brent crude oil are scheduled to load in August 2026. This development, driven by steadily declining production from mature fields, marks a symbolic turning point for the Dated Brent complex—even as the benchmark itself remains robust and continues […]
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In a decision that highlights his uncompromising stance against domestic fossil fuel expansion, UK Energy Secretary Ed Miliband reportedly vetoed a Treasury-backed proposal to increase North Sea oil and gas drilling. The plan was designed to generate additional tax revenues to help fund the Ministry of Defense’s urgent need for an extra £18 billion ($24 […]
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The UK government has confirmed it will introduce legislation to permanently ban new North Sea oil and gas exploration licenses, embedding Energy Secretary Ed Miliband’s existing moratorium into law through the Energy Independence Bill. The move, announced in the King’s Speech on 13 May 2026, fulfills a core Labour Party manifesto pledge to position Britain […]
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