By Paul Homewood

https://www.neso.energy/publications/clean-power-2030

Yesterday I discussed the likelihood of Orsted pulling out of Hornsea 4, as part of their retrenchment. And with Vattenfall already opposed to joining future CfD auctions, there is now an enormous gap between Miliband’s 2030 plans and reality.

As NESO’s Clean Power 2030 makes clear, we will need to increase offshore wind power from 14.7 GW to 50.6 GW by 2030:

https://www.neso.energy/publications/clean-power-2030

Assuming Orsted do pull out of Hornsea 4, there is about 12 GW of new build offshore wind capacity due on stream, which already have CfDs. That takes us to about 27 GW.

East Anglia 2, which along with Hornsea 4, won contracts in last year’s AR6 CfD auction, is targeted to come on stream in 2028/29. It is therefore likely that if projects do not get CfDs this year will not be ready by 2030 anyway.

But more to the point, are we honestly going to find anyone prepared to build another 23 GW in the next five years?

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February 7, 2025 at 12:18PM

President Trump has struck the Biden administration’s climate and energy policy like a hurricane—ranging from increasing energy exploration and extraction to informing 1,000 Environmental Protection Agency employees that they could be fired at any time, to removing all mentions of climate change from the Department of Agriculture’s website, and more. But what will be the "Trump Effect" on the global climate agenda? Will the dedication to reorganizing the world’s economies and societies to “save the planet” begin to crumble? And if so, which country will be the first to give up?

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February 7, 2025 at 11:31AM

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February 7, 2025 at 10:59AM

By Paul Homewood

h/t Mike Higton

From Energy Voice:

Reduced North Sea investment as a result of UK government policy could lead to millions of tonnes of additional CO2 emissions from imports, according to a report.

Edinburgh-based financial analyst firm Gneiss Energy modelled the potential impact of UK government policies relating to the country’s offshore oil and gas sector.

According to the North Sea Transition Authority (NSTA), the carbon intensity of UK gas production is almost four times lower than liquefied natural gas (LNG) imports

Read the full story here.

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February 7, 2025 at 09:22AM