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Showing posts from February, 2012

2011 UK Energy Figures – Oil and Gas Production Plummet but Low Carbon Generation Grows

Provisional 2011 UK energy figures have been released today by the Department of Energy and Climate Change (DECC). Conventional energy gives little cause for cheer with the news that the production decline in North Sea oil and gas has accelerated. On the positive side low carbon electricity generation has climbed, whilst total energy consumption had continued on its declining trend.

The energy consumption figures probably give most hope for environmentalists. UK energy demand has been falling now for over 5 years, although the economic downturn has done much to drive this trend. DECC’s figures show 2011 total energy demand was down a whopping 7% from 2010, however much of this was thought to be due to the mild weather and on a temperature adjusted basis the figure was a more modest (but still significant) 2%.

Low carbon generation also provided some good news. Wind’s share of generation by major power producers has grown from 2.4% to 4.0% since 2010 due to greater capacity and windier …