uk energy

Core Insights host Trevor Barnes talks to Michael Bradshaw, Professor of Global Energy, and how his research has led to him becoming a trusted advisor to UK Government policymakers as the country attempts to decarbonise its economy. The complicated journey to net zero has been made even more difficult by the effects of Brexit, an increased dependence on gas imports,  and now the war in Ukraine. Research by Professor Bradshaw has informed the Government's approach to measuring and managing gas security in the context of climate change, informed debate on domestic shale gas development, and raised awareness of the geopolitical consequences of energy system transformation. Listen to his thoughts and insight on the UK's efforts to deliver on net zero.
Read more from Professor Bradshaw on Warwick Business School's Core Insights section:
Why the UK will be at the mercy of international gas prices for years
COP27: How is war in Ukraine affecting energy supplies?
Is it really a green post-pandemic recovery?
What strategy is Big Oil using to move to a green economy?

For more on Sustainability sign up to the monthly Core Insights newsletter here. 

In this week’s Resonance energy market podcast Jeremy Nicholson talks to Alfa’s Jason Durden about the glut of gas entering the UK market and its impact on near term prices, in contrast to the challenge winter poses.

 In this week’s Resonance you will learn:

• A short-term respite for manufacturers on the right flexible contracts and strategy?
• While gas day ahead sees a collapse in prices, the truth is next that winter is set to be a challenge
• A similar spread is seen in UK power, with healthy exports to France which is facing significant challenges with its nuclear fleet
• Prices on the power curve also indicate concerns over capacity of UK power markets for next winter
• Carbon also shows a fair amount of swing, but remains a political market and toy for investors – Europe as a continent is currently using more fossil fuel and will do as alternatives to Russian gas are sourced which means more carbon price support due to this unexpected demand
• Having talked about inflation coming a year ago, we see today that reality coming through and the challenge it is presenting for businesses, consumers and short-term commodity costs
• Europe stockpiles Russian coal ahead of an expected winter ban, with questions raised over the ethics from a political as well as environmental perspective

In this special edition Resonance podcast, energy veterans, John Hall and Jeremy Nicholson, reflect on what has been an extraordinarily turbulent year for energy, whilst also considering the future taking into account the global pandemic, Brexit and worldwide Net Zero ambitions.

This podcast was recorded in December 2021.

Extensive development of renewables across Europe bring a wind of change for energy generation sources and prices.

In this episode:

• Update on the development on the Nord Stream 2 pipeline 
• How demand for gas will change in the transition to a lower carbon economy across Europe
• The plan for renewables and its impact
• The likely impact on power prices  in Poland
• What the anticipated heatwave means for summer prices
• Cross border activity, it’s impact on prices and does it mean convergence?
• High volatility in markets and signs of recovery with indicators such as oil, but is there value in markets if you know where to look?