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Dr Jeremy Wakeford
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Dr Wakeford is Senior Lecturer Extraordinary in the Faculty of Economic and Management Sciences at Stellenbosch University and chairs the Association for the Study of Peak Oil South Africa.


 
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Jul 11, 2014
In June, the International Energy Agency (IEA) published a special report titled ‘World Energy Investment Outlook’ (WEIO). This document charts the financial investments needed to meet expected energy demand over the coming two decades. The numbers indicate...
Jun 13, 2014
International oil prices have been remarkably stable over the last three years, trading in a fairly narrow range between $100/bl and $120/lb, with the exception of a few brief dips into double-digit territory. This price stability has reflected a fine balance between...
May 16, 2014
Natural gas has been widely touted as a bridging fuel between dirtier fossil fuels – coal and oil – and renewable-energy sources. In a 2011 report, the International Energy Agency (IEA) declared that gas was poised to enter a 'golden age'. But is gas as good as...
Mar 28, 2014
The tensions between the West and Russia, sparked by the political turmoil in Ukraine, carry echoes of Cold War geopolitics. But, in today’s world, energy often lies at the heart of geopolitical manoeuvrings. Conflicts over energy resources – particularly oil and...
Feb 28, 2014
Article contains comments
One of the threads this column has been following over the past couple of years is the apparent renaissance of what used to be known as 'cold fusion' but is now usually referred to as low-energy nuclear reactions (LENR) or controlled electron capture reactions...
Jan 31, 2014
The publication in November last year by the Department of Energy of a draft revision to the Integrated Resource Plan (IRP) for electricity was very welcome, if overdue. The electricity crisis has, to some extent, woken the country up to the reality that economies...
Dec 06, 2013
Last month, the International Energy Agency (IEA) released its 'World Energy Outlook (WEO) 2013' report. The WEO is a yearly publication that reviews recent developments in energy markets and also projects energy demand, supply and price trends over the coming two...
Nov 01, 2013
October saw the gazetting by the Department of Mineral Resources of the regulations set to govern exploration for and production of shale gas in the Karoo basin, and the public has been invited to comment on this sensitive issue.
Aug 23, 2013
Jul 05, 2013
Jun 07, 2013
Article contains comments
May 17, 2013
 
 
 
Apr 12, 2013
One of the defining features of the twenty-firsy century will be a transition from fossil fuels to other energy sources. To try to understand how this process might unfold, scholars have turned to past energy transitions for clues.
Mar 08, 2013
Human socioeconomic systems have evolved over thousands of years in concert with a changing natural environment. Every society is sustained by flows of energy and materials and can, thus, be seen as having a ‘socioeconomic metabolism’ akin to the physical...
Feb 08, 2013
Article contains comments
The price of crude oil on international markets dominates financial news headlines for good reason: it’s the world’s most-traded commodity. With a multitude of complex and dynamic factors at play, there is a great deal of uncertainty surrounding oil prices both...
Jan 18, 2013
In November, the International Energy Agency (IEA) released its annual World Energy Outlook (WEO) for 2012. For the most part, the international financial press seized on one element of the report – the prediction that the US will grow its oil production to such an...
Nov 09, 2012
News of airline carriers experiencing financial headwinds has been coming thick and fast of late. There are two main reasons for this: stalling global economic growth and the heavy burden of three-digit oil prices. The outlook for both of these drivers does not bode...
Oct 26, 2012
National oil company PetroSA recently renewed its media blitz promoting Project Mthombo, its proposed giant oil refinery at Coega, in the Eastern Cape.
Sep 21, 2012
Hydroelectric power is one of the oldest and best established sources of renewable energy, and world hydropower capacity has been growing at a steady rate of about 3% a year since the 1960s. The bulk of hydropower is generated on a large scale using water stored in...
Sep 07, 2012
Wind power has been blowing hot for over a decade as one of the leading renewable-energy sources.
Aug 24, 2012
Article contains comments
In February, this column introduced a contentious possible new energy source called low-energy nuclear reactions (LENR) or lattice-assisted nuclear reactions (LANR) – a process that was formerly called 'cold fusion'. There have been enough developments in this...
Aug 10, 2012
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Liquid biofuels are often touted as a partial solution to oil scarcity and climate change. But what are the realistic prospects?
 
 
 
 
Jul 27, 2012
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In late May, I participated in the tenth annual conference of the international Association for the Study of Peak Oil and Gas (Aspo), a network of scientists, scholars, industry experts and analysts who are exploring the nature and implications of global oil...
Jul 13, 2012
While the global use of fossil fuels continues to grow by up to a few percentage points a year, solar photovoltaic (PV) capacity is exploding, driven partly by government policies but also by rapidly falling costs.
Jul 06, 2012
UK-based oil giant BP recently released its annual Statistical Review of World Energy, which provides a wealth of reserve, production, consumption and price data on all the major primary energy sources. This instalment of Energy Matters highlights the review’s key...
Jun 15, 2012
Economists are fond of saying that “there is no such thing as a free lunch”. This adage applies to the harnessing or extraction of energy resources, whether they are nonrenewable – such as fossil fuels – or renewable sources like solar and wind.
Jun 01, 2012
Article contains comments
The fact that world crude oil production has been stagnant since 2005 is now commonly acknowledged. But for all the world’s net oil-importing countries – including South Africa – the crucial oil supply variable is total world oil exports, rather than total...
 
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