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Professor Paul YoungerArchive for: RSS
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The True Cost Of Energy and Climate Change Policies On Bills
Recent reports in the media have claimed that DECC’s policies to promote energy efficiency and low carbon energy are currently adding £200 to the average household energy bill. Based on a typical annual household gas bill of £608 and electricity bill of £424, it is claimed that these policies make up between £154 and £206 [...]
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Electricity Market Reform: Keeping The Lights On In The Cheapest, Cleanest Way
I have three key goals with our new electricity market reform, which I have been working on for months and which goes live tomorrow. The first is to keep the lights on by encouraging a big wave of replacement investment in power plant. The second is to ensure that our electricity is generated without carbon [...]
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The Milestone
The delicate side-tracking operation was handled brilliantly by the team from Geometric Cofor, and we’ve been drilling at full speed again for two days. We’re presently at 1675m, and hope to reach our final depth early next week, all being well. In the meantime, at 9pm on Thursday 7th of July our drill-bit finally passed [...]
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Spear-fishing in central Newcastle
We were overwhelmed with the national (and then international) press response to our project when we decided to open the site to journalists on Monday 27th June. We knew there was plenty of interest, of course, after the terrific response to the first press day we held back in February, when the first rig was [...]
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