Senior Market Analyst, Commodities and Energy
John's Feed
Jul 5, 2013

Pot and your power bill: Kemp

LONDON, July 5 (Reuters) – Cannabis farms consume an average
of 12,000 kilowatt-hours of electricity per month each, 40 times
the power used by a typical household, and account for a third
of all electricity stolen in Britain, according to a report by
the power market regulator.

Energy suppliers and regional distribution network operators
detect 20,000 to 25,000 cases per year, according to the Office
of Gas and Electricity Markets (Ofgem)(“Tackling electricity
theft” July 2013).

Jul 4, 2013

Government here to help with switch to gas vehicles: Kemp

LONDON, July 4 (Reuters) – Legislation introduced in the
U.S. Senate aims to accelerate the construction of a nationwide
network of refuelling stations for natural gas-powered vehicles.

It is the first attempt to use the federal government’s
financial muscle to “nudge” the transport infrastructure towards
gas and overcome the network inertia that favours gasoline and
diesel.

Jul 3, 2013

Obama’s phoney war on coal: Kemp

LONDON, July 3 (Reuters) – “The president has declared war
on coal,” West Virginia Senator Joe Manchin complained last
month.

Manchin, a Democrat, was responding to President Barack
Obama’s much-heralded announcement that he had directed the
Environmental Protection Agency (EPA) to develop new emission
standards for existing power plants.

Jul 2, 2013

Customers must come first in LME warehousing reform: Kemp

LONDON, July 2 (Reuters) – The London Metal Exchange’s
metastasising warehouse problem must be solved once and for all
by prohibiting warehouse companies from issuing more warrants at
affected locations until load-out delays have been reduced to an
acceptable level.

The delivery problem has grown and morphed, affecting every
aspect of the way metals are traded and supplied. But rather
than adopt a bold solution, the exchange continues to tinker
with the existing, broken system, layering on more complexity
and creating more opportunities to game the system.

Jul 1, 2013

Column: Are consumers ready to be empowered by smart power meters?

LONDON (Reuters) – Used right, the new generation of smart power meters could cut peak electricity consumption by up to 20 percent, avoiding the need to construct 2,000 new power plants across the United States.

Installing them, however, is the easy part. The industry faces years of battling to convince consumers to use them to change the way they use electricity. And that comes down to a question of behavior, choice and politics – not technology.

Jul 1, 2013

Are consumers ready to be empowered by smart power meters? John Kemp

LONDON, July 1 (Reuters) – Used right, the new generation of
smart power meters could cut peak electricity consumption by up
to 20 percent, avoiding the need to construct 2,000 new power
plants across the United States.

Installing them, however, is the easy part. The industry
faces years of battling to convince consumers to use them to
change the way they use electricity. And that comes down to a
question fo behaviour, choice and politics – not technology.

Jun 28, 2013

British power supply faces close-run thing in 2015: Kemp

LONDON, June 28 (Reuters) – For a few hours in the dark,
cold winter evenings between October 2015 and March 2016,
Britain’s National Grid may come uncomfortably close to being
forced to disconnect some electricity customers as demand
exceeds supply.

Before resorting to disconnections, the grid operator and
the power utilities will do everything possible to keep the
lights on – reducing customer voltages, ordering generators to
run flat out and introducing emergency restrictions on
electricity exports to France and Ireland.

Jun 28, 2013

British power supply faces close-run thing in 2015: Kemp

LONDON, June 28 (Reuters) – For a few hours in the dark,
cold winter evenings between October 2015 and March 2016,
Britain’s National Grid may come uncomfortably close to being
forced to disconnect some electricity customers as demand
exceeds supply.

Before resorting to disconnections, the grid operator and
the power utilities will do everything possible to keep the
lights on – reducing customer voltages, ordering generators to
run flat out and introducing emergency restrictions on
electricity exports to France and Ireland.

Jun 27, 2013

Shale boom will not stop with the US: Kemp

LONDON, June 27 (Reuters) – The success of the shale
revolution will be slow to replicate outside the United States
because of limited access to drilling equipment and skilled
personnel, according to influential oil analyst Leonardo
Maugeri.

Maugeri has produced a thoughtful assessment of the U.S. oil
industry. But he is too pessimistic about the potential for
shale production in the rest of the world and its role in
restraining medium-term and long-term oil prices.

Jun 26, 2013

Shale, the unfinished revolution: John Kemp

GENEVA, June 26 (Reuters) – Shale has revolutionised oil and
gas supply and the global political balance in less than five
years, transforming the narrative from one about “peak energy”
into a story about managing abundance.

The revolution stems from the application of two mature
technologies (horizontal drilling and hydraulic fracturing) in a
new context to unlock oil and gas from well known rock
formations that were previously impossible to tap because of
their low permeability.

    • About John

      "John joined Reuters in 2008 as one of its first financial columnists, specialising in commodities and energy. While his main focus is on oil markets, he has written broadly on the emergence of commodities as an asset class, regulatory issues and macroeconomic themes. Before joining Reuters, John spent seven years as a senior analyst for Sempra Commodities (now part of JP Morgan) covering base metals and crude oil. Previously, he worked as an analyst on world trade, banking and financial regulation for consultancy Oxford Analytica."
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