I think the overall impact on revenues would be an additional £1.5 billion per year (massive tablespoon of salt given the source). Not nothing, but not the kind of cash that can protect us from this … (View Post)

Can the world economy survive 9 months without Hormuz? I’d have thought you’d get a brutal depression if this lasts that long. (View Post)

Updated and we see now 0.08GW off the all-time wind record. (View Post)

Don’t think I’ve ever seen gas that low at 1.2GW. (View Post)

I broadly agree with that. The problem with bailing out fossil fuel users is it perverts the incentive to get off them, leaving us vulnerable in the future (as we’re now experiencing post-Ukraine). I… (View Post)