Prof Energy & Climate Change & Dep.Dir. @ UCL-ISR; Chair, UK Panel Technical Experts on Elec Market Reform 2016-2018; Founding Editor, https://xitter.cf/t.co/9tBl7IkeSL
London, England
Joined March 2014
- Tweets503
- Following201
- Followers3.4K
- Likes72
a.o. ".. Aims to halve gas demand by 2030, yet .. exposure to global LNG markets suggest otherwise. The political rhetoric emphasises the high cost of gas, when the consequence of a successful transition would be to deepen and extend a likely period of lower gas prices. ... "
A new INET Working Paper by Yaroslav Melekh, James Dixon, Katrina Salmon, and Michael Grubb, interrogates the contradictions between fossil lock-in through LNG import capacity and overcontracting, and policy-driven demand reduction.
ineteconomics.org/perspectiv…
Check out my latest article: Economics of energy transition - #1 of a new flock linkedin.com/pulse/economics… via @LinkedIn
The day after new UK govt states that approval of UK’s only coal mine development was unlawful, and end to any new O&G licences, glad to get lead letter in FT reinforcing economic basis for government action on decarbonisation globally. @UCL_ISR @ECIU_UK @climatestrat
Michael Grubb retweeted
Policies to reduce greenhouse gas emissions are effective, but more stringent regulations are needed to keep warming to the Paris temperature goals, finds new analysis by Ben Hinder & Prof @MichaelGrubb9 @UCL_Energy @TheBartlettUCL with @ethswitzerland
ucl.ac.uk/news/2023/sep/gove…
ALT wind turbines
IN half an hour - and I'll try to give this dry and geeky topic an element of fun too ..
It's your last chance to take part in our REMA webinar tomorrow - don't miss out!
Hear from Michael Grubb (@UCL_ISR) & Robert Gross (@UKERCHQ) as they discuss Splitting the Wholesale Market.
Register today at biee.org/meeting/rema2/
Some years ago I became convinced that risk-underwriting was key to the international climate finance we need. Took a lot longer to understand why the MDBs couldnt do it. Now at last we may have the chance, at scale. Great to get this in Friday's FT!
Fantastic new @FT piece from @MichaelGrubb9 @UCL_ISR on Norway's historic opportunity to put its windfall fossil fuel revenues to good use. Low- and middle-income countries badly need access to such finance to implement their sustainable development plans ft.com/content/c4bf95e2-6868…
Michael Grubb retweeted
How the Climate Fight Was Almost Lost - my personal account of the final act in the fight to pass the United States’ first comprehensive climate law, at @heatmap_news heatmap.news/politics/inflat…
Interesting statements & announcement from the UK Secretary of State. Whilst I disagree with the decision on oil & gas licences - I think a.o. time will illustrate why - its good to see this initiative and the framing around a more holistic view of security.
Good and serious stuff from Grant Shapps here. Encouraging to see the UK government taking a lead, even if very legitimate questions remain around how new oil and gas projects fit with global climate goals. politico.eu/article/uk-grant…
UK govt response to the CCC report frankly seemed irresponsible - glad the FT ran my reaction yesterday:
Great news - Climate Policy Impact Factor grows to over 7 - congrats to the Editorial team!
Excellent news on the continual increase in quality of articles in @Climate_Policy, as measured in Impact Factor over last years. Thanks to EB, associated editors, authors, reviewers, readers, and @jancorfee @frankjotzo @JoannaDepledge, entire editorial office team
Michael Grubb retweeted
The energy crisis hugely increased the wholesale price of electricity. This article from @MichaelGrubb9 'tries to sort out where the revenues went' drawing on research into the structure of revenues to different types of generators. lght.ly/ijbked8
Soo tempting to dive in here (and thanks for pointing to Plan Econ). Just to add: (1) a target / emissions cap is not same as a price; tradeability may turn it into a price but that doesnt mean the price on its own is the most efficent element of delivery
On LBC this morning, found myself saying if last year was gas crisis, this year could knock on to be electricity crisis. Good coverage from Bloomberg too of our report bloomberg.com/news/articles/…
The energy crisis hugely increased the wholesale price of electricity. This article from @MichaelGrubb9 'tries to sort out where the revenues went' drawing on research into the structure of revenues to different types of generators. lght.ly/ijbked8
.. and for taster, intro and access to the range of our work on Navigating the Energy-Climate Crises - profmichaelgrubb.com/the-eur…
All cylinders firing on electricity (pardon pun). Aldersgate on industrial electrification two weeks ago. Then Oxford Energy Forum (below). Tomorrow we present our calculations on £30bn increased revenues to generators in last year’s crisis – register @ ucl.zoom.us/webinar/register…
All cylinders firing on electricity (pardon pun). Aldersgate on industrial electrification two weeks ago. Then Oxford Energy Forum (below). Tomorrow we present our calculations on £30bn increased revenues to generators in last year’s crisis – register @ ucl.zoom.us/webinar/register…
Michael Grubb retweeted
Have you already read the new edition of @Climate_Policy? Take a look here 👇
NEW ISSUE: Our latest issue is out, with research on China’s industrial CO2 emissions pathways, policies for zero-carbon road transport in Europe, and more. Featuring @PatrickPlotz, Karen Turner, @sara_nawaz, @tjfoxon1, Wenji Zhou, et al. Read here 👉 bit.ly/Issue3-2023
And big thanks to Aldersgate group for support and a great launch meeting, including both the serving Minister and his counterpart for Labour opposition - wide interest in what needs to be done....
📣 Big new report out today in collaboration with @AldersgateGrp
“A zero-carbon power grid and the electrification of heavy industry: how to deliver a twin challenge”
A 10-tweet summary 🧵
@UCL_ISR
@MichaelGrubb9
aldersgategroup.org.uk/publi…
Wow. For anyone who thought a low carbon elec system would be just like a traditional on but with decarbonised generation, wake up. Same for those who thought we couldnt handle a lot of variability. This just a glimpse of future "integrated & intelligent" power systems...
