FT headlines this week

Here are a few headlines that caught my eye this week:


Spectris lifted by growing demand for efficiency

Instrument and manufacturing controls maker doing well with wide range of products used in increasing energy efficiency. eg. engine testing equipment used in developing lighter, more fuel-efficient cars. CEO says "rising fuel and raw material prices had imporved demand for products that could help manufacturers reduce waste and control costs". "Efficiency of manufacturing has become a hot topic".

Wealthy Indians let trains take the strain

Frequent flyers are moving back to long distance trains. Airline tickets up 20% in the year with a drop by 12% in passengers numbers. At the same time, luxury class train travel has increased by 50%.

Indonesia to limit tin output to lift market

Indonesia is the world's biggest exporter of tin. Cap of 90,000 tonnes to be introduced this year and 100,000 next year. 140,000 produced in 2005 but declined since. Estimated global deficit recently revised upwards to 20,000 tonnes for 2008. Estimated reserves in Indonesia 800,000 tonnes.

Price of homes falls for 10th month
Year-on-year fall into double figures.



Shirtmaker has his work cut out for him

Robert Boyd Bowman bought his english shirt manufacturer in order to secure his supply of english made shirts to his despoke City clonthing retailer Alexander Boyd.

Energy Price increses in the UK

PRICE INCREASES THIS YEAR
4 Jan - Npower
Gas up 17.2%, electricity up 12.7%
15 Jan - EDF Energy
Gas up 12.9%, electricity up 7.9%
18 Jan - British Gas
Gas and electricity up 15%
1 Feb - Scottish Power
Gas up by 15%, electricity up 14%
7 Feb - E.On
Gas up 15%, electricity up 9.7%
19 March - Scottish & Southern
Gas up 15.8%, electricity up 14.2%
5 July - EDF Energy
Gas up 22%, electricity up 17%
30 July - British Gas
Gas up 35%, electricity up 9%
21 Aug - Eon
Gas up 26%, electricity up 16%
21 Aug - Scottish & Southern
Gas up 29.2%, electricity up 19.2%
29 Aug - Scottish Power
Gas up 34%, electricity up 9%
29 Aug - Npower
Gas up 26%, electricity up 14%

No Demand Response, no progress

Interesting day yesterday attending a meeting of the DR (Demand Response) group in Dublin. Jerry Sweeny has talked in detail on his blog about the importance of getting Demand Response in Ireland in order to be significantly increase the amount of wind on the grid.

What became clear to me at this meeting, was that without DR it is going to be hard to make progress on a number of fronts in reducing our dependance on imported energy.

Wind is great if it blows at times of high demand but is a problem if it blows when demand is low. On the grid supply must equal demand and while supply can be increased or decreased by bringing power stations on line, demand is more difficult. When supply is predictable, the high tarriffs for periods of high demand and low tarriffs for periods of low demand help to reduce the peaks and fill in the toughs. But when supply is unpredictable, such as wind or wave, there is currently no way of increase or decreasing demand in real time. This will lead to the situation where wind farms have to be turned off if there is not enough demand.

But if we could make electricity behave more like the financial markets by decreasing the price when supply was plentiful (summer nights) and increasing the price when supply was tight (cold windless evenings) then we could start choosing when to buy electricity depending on price. We all have electricity loads that we can't move. Shops need the lights on when the shop is open, the dinner needs to be cooked before dinner time. But there are also loads we can moved, chilling of food in the supermarket and the time we run the dishwasher.

But having real time pricing is just the first step, the next part of the puzzle is to respond to price changes and this has to be automated in order to move substantial loads.

Real time pricing requires the electricity suppliers to supply a price, for that price to be delivered to the customer and for meter readings to be supplied at short intervals so that the customer is charged the correct amount, we need smart meters. Smart meters come in many flavours but all are currently costly - estimated prices for european installation are over €200. For a householder to want to install a smart meter, it must deliver them a saving, so without real-time pricing and DR, the smart meter delivers no benefit for the customer.

Once we have real time pricing, smart meters and DR, the next step is net metering. This creates the opportunity for arbitrage of electricity - you buy the electricity when it's cheap, store it and sell it when the price goes up again. Now the grid could take substantial amounts of wind with market traders ready to suck up any bargains.

Another long term solution to making use of plentiful wind is to build high capacity interconnectors to UK, making it possible to sell electricity to the highest bidders in Europe. But this also depends on having DR across Europe in order for there to be customers able to take maximum advantage of our wind.

It seems to me that DR is a prerequisite for increasing intermittant renewables and for making most efficient use of electricity thereby decreasing carbon emissions. As these items are high on the governments agenda, why is there so little awareness of, let alone committment to, DR?

My beloved grandfather Peter Mursell died last night and I think my small tribute to him will be to raise his online profile to something that better reflects the profile he had in life.

I have started a blog which everyone who knew him can contribute to and my cousin has started a Facebook group, but any other ideas for raising his online profile would be very welcome.

Love this photo as it sums up my grandfather' character so well. This spring, aged 97, he decides to take up vegetable gardening and typically has a plentiful crop of healthy veg in his first year, using the unconventional tyre method!

Dream House - some inspiration

Every 3 to 4 years I start again designing the house I would build if I had the time and where with all (one word or three?). These designs rarely leave my head and vary from a round house centred around an open fire and chimney to a long house built into a hill and currently a square house not dissimilar from the one I live in but designed to be warm and dry. One day I plan to build these houses either in Sketchup or in Second Life, if not in real life....

For the next time I change the design, here is some inspiration:
http://www.thecoolhunter.net/architecture/ though the extensive use of glass in some buildings leaves me cold, in every sense.
http://www.phys.ufl.edu/~liz/design.html passive solar design
How buildings work by Edward Allen

http://www.solaleya.com/

Deeply saddened by Denis Lynch drug test failure

I thought my enjoyment of olympic show jumping was irreperably harmed after the Cian O'Conor affair last time around, but I found myself really enjoying the team show juping event. When the announcement was made regarding Denis Lynch I was absolutely sickened and I'm not sure that my faith in show jumpers (not just Irish) isn't irreperably damaged now.

It must be hard to keep on top of all the prohibited substances however, and the ability to carry out private test to reassure yourself that your horse is clean, or if not, find out what the problem is, would help prevent innocent mistakes. Having said that, Lantinus was tested on arriving in Hong Kong and tested negative.

Maybe we need to find a way of making keeping sport clean a group responsibility. What if counties with olympic athletes testing positive are banned from the following olympics and sports with more than four countries proving positive have their sport dropped from the following olympics? I know that would be hugely unfair on a lot of athletes, but the current system is clearly not keeping drugs out of sport. Or do we have to accept that drug testing will always be one step behind drug taking?

Mashup idea - I'll read it later

This probably exists already and could be done with bookmarks - but I want something easier.

Here is what I want:

I'm busy doing important stuff online and am side tracked by a page that looks interesting, but I don't have time to read it now. I want to click a button on the browser and be asked for keywords and an optional description and a priority.

When I have that spare moment, I can browse my list of things to read later by keyword or priority and click the link to read it.

Clicking another button allows me to blog on it, stumble etc. and takes it off my read later list.

Anyone else want this?

Energy Scenarios Ireland 2.0

A few years ago, a team from Feasta, including myself, worked on a project for the EPA looking at the impact on Ireland of changing energy prices. We did this in the form of scenario planning and the original website is still here.

But the time has come to review them and reflect the rapid changes of the last years. We will be doing this review in the form of a blog and them publishing the full report at the end of the year. We have kicked of the process at energyscenariosireland.blogspot.com and look forward to being challenged and corrected in our assumptions!

Finally bringing together my sporting interests and business interests, I have posted on what I think the main risks and opportunities are for horse sports in Ireland in an favourable scenario.

(Hmm, need a logo for Energy Scenarios Ireland, fork in the road? clock? ....... Nothing comes to mind, but love this image from Global Business Network as an example of Scenario Planning concept).