harry benham Profile picture
Energy: half a lifetime in oil and gas (BP/Shell); next half in energy transition - Ember, CarbonTracker, NewAutomotive and Subak - plus much more
Jun 17, 2020 5 tweets 2 min read
We are all busy, so will compress the new BP review of world energy into three key charts. Here is No1 - primary energy demand up 1.3% (below 10yr trend): renewables (wind/solar) met the magic 5% mark, ahead of nuclear for the first time, and growing at 24% (solar) and 13% (wind) Note also how the big three fossil fuels are declining or flat-lining: this is most striking in global electricity demand: wind / solar now up to > 10% of total, overtaking nuclear and will overtake hydro 2022:
Sep 22, 2019 25 tweets 5 min read
A 25-tweet thread that captures the main points in the latest dollasperbbl post: The Energy Transition has entered its Third Act: dollarsperbbl.com/2019/09/22/the… In a good, but flawed paper from Bloomberg NEF, we can see the rapidly increasing permanence of the transition from thermal (extracted fossil plus nuclear) fuel energy, to renewable manufactured energy (wind/solar/EVs/storage). bloomberg.com/graphics/2019-…
Sep 9, 2019 12 tweets 3 min read
1/11 - This is a very important paper from Carbontracker about the inevitability of the energy transition. This thread, eleven long, attempts to capture the core.
@CarbonBubble carbontracker.org/reports/the-tr… 2/11 – Two major reasons for inevitability A) economic / socio-political: when fossil fuels are exploited the beneficiaries are the owners of the assets and the governments who own the land. The cost of externalities eg air pollution and climate issues are shouldered by society
Aug 20, 2019 16 tweets 4 min read
A short thread on how the EV market might develop across the globe after studying Norway in some detail. First, and thanks to @liamdenning, here is Rystad Energy's latest 2019 review of the EV market in Norway rystadenergy.com/newsevents/new… 2- this is how the market for ICE vehicles (internal combustion) ends: gradually then suddenly. For more on this please see the Jan 2018 post on dollarsperbbl.com which analysed / predicted Norway as a laboratory for the global market dollarsperbbl.com/2018/01/24/osl…