Energy transition thought leader - in energy for 30 years. Independent consultant (ex. MinCom, DTI, IEA , IRENA...) @mtaylor_nz@mastodon.energy

Europe
Joined April 2015
And we're live! You know that pesky input assumption to LCOE that is super super important and no one really knows what exactly it should be? Well the cost of capital for #Renewable #power just got a little bit demystified Our report is out 1/n irena.org/Publications/2023/…
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Michael S. Taylor retweeted
Thanks to @plumbers_urban for posting a video about the most efficiency ASHP on @Openenergymon HeatPumpMonitor! It's well worth a watch, kudos to Sean and Becky for puling off an impressive renovation including DIY UFH 👏: youtube.com/watch?v=dFw69FIq…
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It boggles the mind that large parts of the U.S. can turn USD 290/kW modules into utility-scale projects costing 10 times that... That's before we even consider the ex-China USD 110/kW modules the rest of the world buys-in...
Next-gen nuclear that could provide affordable, reliable, low-carbon, baseload power almost anywhere would be holy grail of the energy system. Continued public investment in developing the tech is 100% justified. That said, here is the reality of where the SMR industry is today.
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If such a person exists, they are having no impact anywhere... People may campaign solely on one thing, as part of a coherent worldview for the transition Are we creating a strawman here that doesn't meaningfully exist? 1/
If your argument is: we should consume less gas, I do have respect for it. If instead it is: I rather buy gas overseas I know we need so I can virtue signal we're reducing local output, I have no respect for it. For more, my @Opinion column from April ⤵️ bloomberg.com/opinion/articl…
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Aside from NIMBY's who I hope we can all agree should be listened to up to the point there is a planning regime that respects things we value as a society (e.g., the environment) that still lets us be a modern society (e.g., no new energy is not ok). 3/
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All this is to say, there is a plan for no new oil and gas. But fossil fuel companies don't like it and politicians have short planning horizons...so here we are... We have the solutions, but are we prepared to treat it as the emergency it is? It seems not... fin
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Michael S. Taylor retweeted
📊 The 2016 Brexit electorate no longer exists. Peter Kellner has updated the sums using YouGov and ONS data. Since 2016: 🔹 Around 3.8m Leave voters have died, against 2.1m Remain voters. 🔹 Around 7m new voters have reached voting age, overwhelmingly pro-European. 🔹 Around 5m voters have changed their minds 👉roughly three-quarters of them moving from Leave to Rejoin. His estimate of how Britain would vote now: 🇪🇺 REJOIN: 20.0m 👉 63% 🇬🇧 STAY OUT: 11.8m 👉 37% A majority of almost 9 million. Brexit happened. Britain has lived with it for a decade. But democracy does not freeze the electorate in 2016 forever. The question is what Britain wants now not what it indicated in 2016.
📊 The Brexit majority hasn’t just slipped 👉it’s vanished. Completely. This chart from Peter Kellner/YouGov shows: • 5 million 2016 voters have died • New young voters back Rejoin by 5:1 • 29% of Leave voters now want to rejoin • Net result: Rejoin 19.8m vs Stay Out 11.7m ➡️ An 8 MILLION majority for Rejoin. Britain is now a pro-EU country. The only people keeping Brexit alive are politicians who benefit from the damage.
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Buying Sally Rooney books in the UK by @SeanBurkeShow:
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If fossil fuels hadn't risked pensioners freezing to death, average people missing meals and gas companies going broke, the UK wouldn't have had to spend about GBP 80 billion over 2022-24 as a result of the fossil fuel price crisis... So there is that...
Heat pumps were invented decades ago. If they're better there would be no need for subsidies or taxes on boilers.
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Michael S. Taylor retweeted
Our GB Gas Generation fleet this week ran between 3.5GW and 8.5GW of a fleet of 30GW This Times narrative has been “Britain begs France for power”.
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Michael S. Taylor retweeted
Replying to @iseult
I will never get past this.
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It's pensioners and the fact the average wage no longer is enough to support a family on. You need a plan to address both of those elements, or you at least admit today isn't like the past
Across the European Union, government welfare spending has steadily grown from just 10% of economic output in the early 1960s to an average of 27% today, compared with about 21% in the U.S. Soaring Welfare Spending Is Crushing Britain tinyurl.com/27ym94t3
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So basically for the last quarter century, NZ has only accelerated borrowing after a global crisis. Except National's Luxon govt, who just said, lets keep going screwing the economy and tax receipts...
Nicola has added to borrowing and debt. 1news.co.nz/2026/10/12/now-i…
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Michael S. Taylor retweeted
Reiche hat jetzt das Referat IV D 5 „Wind-, Solar- und Transformationsindustrien“ aufgelöst, das sich mit industriepolitischen Fragen der Hersteller von Energiewendetechnologien - etwa Produktionskapazitäten, Finanzierung und resilienten Lieferketten befasste. 🫣
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Michael S. Taylor retweeted
There are over 400,000 people wanting work or more work in NZ. There are 20,000 job vacancies (many casual / part-time). Can anyone do their hour of math learning and help Simeon out with this pretty fking basic equation?
ANNOUNCED: National will crack down on long term benefit dependency and will require random drug testing on beneficiaries. If you can work, National believes you should.
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Thatcher undertook the greatest redistribution in recent UK history, from workers to owners of capital... Which side of the political divide was she on again?
Of course Burnham isn't particularly interested in growth. He's a socialist. That's the right-left split, in old school terms, on the economy: the right believes growth is the key to a better society, the left thinks redistribution of what's there already is more important.
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2 fossil fuel price shocks in 4 years Circa EUR 700-800 bn taxpayer money incinerated to to subsidise our fossil fuel addiction. Now we go hard on policies that will maintain our vulnerability We propped up car companies in 2020, it should have come with some onus to transition
FT reporting a Franco-German carve-up to weaken auto emission rules and put up the Made in EU barriers so consumers can "benefit" from worse more expensive cars, and manufacturers can presumably ignore export markets... Slide into Peronism continues.
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Europe is a net exporter of refined products Diesel imports fell 24% between 2013 and 2024 Net imports of diesel are a small percentage (possibly ~5% this year) of diesel More exposed to jet fuel Agreed on policy - we need more EV's, more public transport & more heat pumps
Europe is finding itself sandwiched from all sides when it comes to refined products — diesel in particular (some of the damage is due to the US-Iran war; some is due to Ukraine-Russia; some is due to China, and a lot is self-inflicted). Policy response: Head in the sand.
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