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Dr Jeremy Wakeford

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.

Jan 30, 2015
The falling price of oil continues to dominate global energy news. By mid-January, the price of crude had fallen below $50/bl for the first time since the depths of the global recession in 2009. Why has the price plunged so dramatically? The short answer is that a...
Oct 24, 2014
In early October, Brent crude oil was trading as low as $92/bl – a marked drop from the $115/bl it reached in mid-June and the $105/lb to $112/bl range it has held for most of the past three years. In the midst of some serious geopolitical threats to oil supplies in...
Sep 12, 2014
The Renewable Energy Policy Network for the 21st Century (REN21), an international grouping of governmental, industry and research and nongovernmental organisations with an interest in renewable energy, publishes a yearly report entitled 'Renewables Global Status...
Aug 15, 2014
Each year in June, British Petroleum (BP) publishes its ‘Statistical review of world energy’, which draws on various public and official sources of data on production and consumption of fossil fuels, nuclear power, renewable electricity and liquid biofuels. While...
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 starkly...
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 it is...
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 gas...
Feb 28, 2014
Article contains comments
Jan 31, 2014
Dec 06, 2013
Nov 01, 2013
Aug 23, 2013
The International Energy Agency (IEA), in its 2012 World Energy Outlook, projects that oil supply will continue to rise until 2035 without encountering geological or technical production constraints. The agency reckons that conventional oil production peaked in 2008...
Jul 05, 2013
Enthusiasm surrounding conventional biofuels such as maize-based ethanol has waxed and waned over the past few years, particularly in the African context, where food security is a major issue. On a recent trip to Malawi, I had the opportunity to visit a small company...
Jun 07, 2013
Article contains comments
Last year I wrote two columns about developments in the field of low-energy nuclear reaction (LENR) technologies. After a relatively quiet few months, with no major news, May yielded a resurgence of interest with the publication of an apparently independent...
May 17, 2013
Malawi represents an interesting case study in energy transitions and also helps to put South Africa’s energy challenges in perspective. Our northern neighbour has barely begun to enter the fossil fuel age but, unless it discovers oil, it is doubtful whether this...
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 metabolism...
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 in...
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 arena...
Aug 10, 2012
Article contains comments
Liquid biofuels are often touted as a partial solution to oil scarcity and climate change. But what are the realistic prospects?
Jul 27, 2012
Article contains comments
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...
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