The Mitigation section of UEA Consensus on the Global Stocktake avoids the issue that should lie at the heart of a robust international agreement: what should be done if the “nationally determined” offers don’t add up to the agreed goals (they don’t – as acknowledged) and won’t (as is obvious). Understanding why is crucial for understanding what the COP can and cannot do – and hence the need to look beyond.
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Discussions on REMA: Splitting the wholesale market
Following on from their first REMA seminar in May where Locational Marginal Pricing (LMP) was discussed, BIEE held a second seminar on Tuesday 26 September to discuss another of...
OIES Podcast – Electricity (re) Design and ‘Split Markets’ – Part 2
In this podcast, David Ledesma again talks to Professor Michael Grubb of UCL and Malcolm Keay of the OIES on the proposed dual market designs for electricity, focusing on split...
OIES Podcast – Electricity (re) Design and ‘Split Markets’ – Part 1
In this podcast, David Ledesma talks to Professor Michael Grubb of UCL and Malcolm Keay of the OIES on the proposed dual market designs for electricity. In recent months,...
The European energy crisis and electricity market (re)design
The European energy crisis was driven by gas, but amplified through electricity – where fossil fuels largely set the price, even though more than half the system is now...
Indian lecture tour
It seems fitting to launch this website against the background of a brief Indian lecture tour and engagements: fitting for three reasons, last offering a broad window into a...
Welcome to my Website
Welcome to my website. I’ve worked on energy systems, economics & policy dimensions of climate change over decades. This site offers a gateway to the research, much of it...
An energy revolution is possible – but only if leaders get imaginative about how to fund it
Limiting climate change will require an unprecedented global movement to make low-carbon technologies the norm. COP26 – the UN climate conference held last November in Glasgow –...
Towards Net Zero in UK manufacturing: Options and challenges for the biggest emitting sectors
Energy-intensive industries are vital to modern economies but are also a major source of greenhouse gases (GHG). In the UK, manufacturing accounts for 12% of our overall GHG...
The IPCC Mitigation Assessment – key insights
This event, held on 5th April the day after the publication of the IPCC Sixth Assessment of Climate Change Mitigation, offered an opportunity to learn about the key findings and...