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ENERGY MARKETS

Markets need regulation. Energy is central to all other markets.

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Emerging economies match OECD. Efficiency savings are aspirational!
(1) EXXON: Rising GDP on non-OECD drives energy.
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China, India & Africa lead the demand.
(2) EXXON: Non-OECD energy demand.
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A MASSIVE RISE IN FOSSIL FUEL USE.
(3) EXXON: Electricity generation.
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A MASSIVE RISE IN FOSSIL FUEL USE.
(4) EXXON: Non OECD wipe out OECD CO2 cuts.
1994 Global Coal exports
US Coal exported to EU to plug bungled electricity gaps.
(5) Global Coal exports
Chile Cu Mine
Copper is abundant but prices increase rapidly on demand.
(6) Chile Copper Mine
UraniumOxide  Yellow Cake
Uranium prices reflect vacillating nuclear commitments.
(7) Uranium Yellow Cake
Merkel makes wind market
SmartHaus shows the Renewables penalties.
(8) Merkel sets Wind market and closes nuclear power.
ENERGY MARKETS, THE OPENER

Markets are now dominated by global corporations and the finance industry with a fragmented input from national governments. Let us see how this works: All predictions have their own built in agendas since seeing the future is an almost impossible feat.

Click on the left side gallery to follow their story.The navigation links on the left take you to Openers for the Economics Avenue. The links to the right take you to all the Reports for Economics.

BP and Exxon both put out very informative annual reports on all energy usage and all fuel sources. They are, of course, Oil companies and their longer term predictions show an ever improving future for fossil fuels. We might see a better result from a very aggressive nuclear programme with new and advanced reactors, but technology,economics, and politics do not make a comfortable mix.

GDP & Energy Demand (1)
Living standards are declining in the advanced countries and improving in the poorer countries who will dominate the future. Exxon offers a simple chart of the changing GDPs and the impact on energy demand (1). The evidence so far makes the gains from energy efficiency may be very hdd to achieve.

Non OECD Energy Demand (2)
China, India, and Africa lead the new energy demands. However, Africa is held back by its feeble infrastructure which make so many resources and so much potential economic activity inaccessible. Dambisa Moyo (Dead Aid) has highlighted the complete failure of international aid to lift Africa out of poverty ver the last 50 years. Corrections to the Aid approach could have dramatic effects.

The rise of Fossil Fuels (3)
Exxon projects a great future for fossil fuels. Has Climate Change science failed so comprehensively that politicians fare willing to see a 30% increase of CO2 in the atmosphere by 2040? The current actions in the US, Germany,UK, and elsewhere say yes.

CO2 Emission by Regions (4)
There seems to be no hint of any slow down in GHG emissions around the world. Why has science turned out to be so unbelievable ? Why are markets so indifferent to emissions or is this normal behaviour fro unregulated industries?

Coal Production is Unstoppable (5)
The USA is cutting emissions rapidly with the advent of copious Shale Gas for electricity and home heating. The Coal industryy is actually increasing its output by greater exports to Renewables obsessed Europe. Total emissions fro US resources are increasing. Market forces ensure this.

Copper: A market vital to energy supply. (6)
Chile has the largest copper mine in the world. These copper reserves are key to the Chilean economy. Copper is easily recycled and sells for about 90% of the price for new copper. China has a great need for copper and the cash to buy it. The market responds with much higher prices.

Uranium: A market waiting to explode. (7)
Uranium keeps the earth's core molten but only appears in patches on the surface. Canada, Kazakhstan, and Australia have the largest Uranium sources on the planet. It is leached from crushed ores and converted to Uranium Oxide, U3-O8, as Yellowcake. The radioactivity is very low but is dangerous to eat or inhale as Uranium is a heavy metal poisn like Lead.


The Uranium market is very subdued but spikes on any hopes of a real nuclear renaissance, as shown. It is likely to be a terrific 10 year investment. (Seek professional advice on this tip, and good luck.)

Energy Markets depend on Governments (8)
Reliable and Secure electricity supply has become a national priority everywhere, with predictable consequences. Energy plants have a service life of 25 to 60 years and beyond which greatly exceeds the term of any government. They are all capital intensive and more so as the output increases. The greatest economic hazard for these businesses is the unpredictable behaviour of governments.

Angela Merkel has been a supporter of Nuclear Energy, driven to unlimited support for renewables by the Green Party who have also demanded that nuclear power be abandoned. This has lead directly to a large increase in CO2 emissions from Germany and a collapse of German industrial support for nuclear power in Britain.

The full Renewables plan for Europe is discussed on Renewables Ave. Coal and Gas power stations are to remain as backup for a continent wide systemm of wind and solar supplies but at about a 10% utilisation level. A future German government is likely to sideline all the new coal stations just as nuclear was sidelined.

The final impact of this market manipulation by politics is that we are all faced with draconian controls over all aspects of our energy use in order to match the erratic behaviour of wind and solar energy in northern Europe. The SmartHaus diagram shows all the parts of home energy use which will be controlled by Renewables politics.

Is this a credible or acceptable way to run an energy market, with increasing emissions and increasing personal controls?


We believe that the balance between markets, governments and personal freedoms has fatally fallen to control by corporate forces. Discuss!










ENERGY ECONOMICS Overview
£20 pounds
Capital for Energy Systems
FINANCE REPORTS
lse upward spiral
Does LSE understand Economics?
INNOVATION REPORTS
Investment and Value
New systems need a flow of innovations.
MARKETS REPORTS
Spanish LNG Tanker
Overfunded markets fail.
RESOURCES REPORTS
Windmills sunset
Resources are limited.