The United Kingdom has twice suffered major disruption as a result of fuel panics first in September 2000 coincident with a wave of fuel protests and more recently in March 2012 following politcal warnings of possible future supply chain disruption. In each case the disruption and economic...

There is no academic consensus on which electricity market design provides the least distorting investment incentives. Theory suggests that "energy-only markets" can allow capacity cost recovery by generators. However, separate payments for capacity or reserve obligations do not need to rely on...

In order to study the global uranium market, a dynamic model for the period 1990–2050 has been developed. It incorporates globally aggregated stocks and flows of uranium moving through the nuclear fuel cycle, as well as a price formation mechanism. Analysis illustrates some of the key features...

In economic, technical and political terms, the security of energy supply is of the utmost importance for Europe. Alongside competition and sustainability, supply security represents a cornerstone of the EU’s energy policy, and in times of rising geopolitical conflict plays an...

This paper examines the role of nuclear energy in Scotland, and the concerns for Scotland as it votes for independence. The aim is to focus directly on current Scottish energy policy and its relationship to nuclear energy. The paper does not purport to advise on a vote for or against Scottish...

British industrial policy for two sectors (automotive and aerospace manufacture) in the period the 1960–1990 is considered and compared with the challenges facing the United Kingdom following the financial crisis of 2008. The history of the period 1960–1990 is informed by interviews with...

In economic, technical and political terms, the security of energy supply is of the utmost importance for Europe. Alongside competition and sustainability, supply security represents a cornerstone of the EU’s energy policy, and in times of rising geopolitical conflict plays an increasingly...

Recent, pre-downturn, disturbance in the global helium market can be traced to the tight supply-demand position, which characterizes today's changing helium supply structure. A detailed System Dynamics model provides fresh insight into the helium question and suggests a production path that is...

This paper considers measures needed to license new nuclear power plants efficiently. We base our analysis on international standards and a comparison of the national regulatory and licensing framework in seven countries (Canada, France, Germany, Japan, Switzerland, the UK and the USA). We split...