Mike Thompson

Mike Thompson

mikethommo.bsky.social

Chief Economist at National Energy System Operator. Formerly same at CCC. Independent expert advice on #energy #netzero.

👤 Joined on 10 December 2024

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  • 10 Ara 2024, 18:27
    🎉 Bluesky'e katıldı - İlk kullanıcı adı: @mikethommo.bsky.social

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Ember
14 October 2026 10:39

Start exploring now 👉

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Governments in Southeast Asia acted quickly to shield consumers from impacts of the current energy crisis Short-term measures include greater working from home & public transit use, energy subsidies & price caps, and fuel switching: iea.li/4g6grJ1

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1/ CPI to 2.9% as widely expected - and driven entirely by energy prices, as the latest Ofgem prices from the Iran war feed through the figures. Without energy, inflation actually would have fallen this month.

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Oh, and while we're on a data binge this morning, if you're not seeing European gas storage corrected for actual demand (and not total storage capacity that was built for the market in the 2000s) then you're not seeing the actual picture:

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Refining is really, really where the action is. If you're not a refiner in the Americas or Europe, you have been scuppered either by missiles (Middle East/Russia) or lack of supply (Asia) which pushes global refining runs well below the historic range.

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