Oil & Gas Advisors

Fintan Slye in front of the Lords Select Committee He starts with a weak mea culpa on the Eversheds report but repeats the grid was secure blah blah.... Why did you breach grid constraints and run out of reserve then? @Bill_Esterson asking softball questions... Does Fintan need to be higher profile? No he needs to resign Now Fintan is blaming "the market" for there not being enough flex in the market. Nothing to do with @neso_energy. Or in fact constraints are probably the actual answer to the question being asked Moving on to does NESO have too many responsibilities. Great question! NESO has grown headcount 3x in 2 years from 1000 to 3000 people. Are we getting value from this? Fintan thinks so but NESO is failing on most metrics Next question... You're not managing these responsibilities well? Another great question from @melanie_onn Is CP2030 still achievable? Fintan hedging. Being pressed. Fintan says it's incredibly challenging but NESO is "absolutely focused" on it (so not focused on security then 🤔) Now @CatherineFookes asks why did people whistleblow if there wasn't a problem. Fintan says allegations weren't substantiated but NESO "completely committed" to fixing the cultural issues raised. Funny how a minute ago the commitment was to CP2030. Now they're working with trade unions and outside experts to make sure people's "lived experience" is they can raise issues and be listened to. Is pretending the problem is giving feedback to show how concerns were dealt with. Thats NOT consistent with the reports or what staff have told the media Follow up question how will you improve and what has been done already? They've set up an engineering forum so control room can raise concerns. Also set up operability committee of exec to deal with issues at the highest level. Will regularly update board. Repeats rubbish about the feedback loop... People aren't leaking recordings of your meetings to the @thetimes if it's just a question of feedback Kayte O'Neill asked the same question. Waffles about trust and any whistleblower is one too many Asked how high levels of operational stress in the control room are dealt with. Apparently the "guys and girls" in the control room are very open about challenges and where they need support. Maybe she could start by talking about them with more respect and not like they're children 🙄 Says the engineers are complaining about lack of system visibility. That's absolutely key. She hasn't said it's being fixed Bill back asking why it took whistleblowers and review to address these problems. Fintan says they were addressing them already, it's a young organisation, they were being proactive blah blah blah Bill mentions NESO being safety critical. Points out the big difference between the theory of being able to engage with exec vs trust they will be listened to, respected and not penalised. How are they making sure it's a success. Fintan waffles. People need to feel heard. Says people who were interviewed by Eversheds were happy to raise issues but the feedback loop was the issue.... Really? So why did so few staff speak to Eversheds?? Bill... Are you and the exec going to talk more to staff at all levels. Fintan says he does this all the time. Really? Engineers told the Times he treats them like "pond life"

I've warned multiple times that @neso_energy's balancing tools are old and unreliable Todsy they announced an outage this morning for this morning with minimal notice Then they extended the outage Then they announced a full failure of the balancing IT system Seriously, when is @ofgem going to get a grip on underlying security and stop trusting NESO to get it right? Do we really need a fatal blackout for people to take notice?? @Miatsf @mgshanks @ClaireCoutinho @AndrewBowie_MP @griffitha @NJ_Timothy @TiceRichard @DavidGHFrost @mattwridley @cmackinlay @Iromg @AllisonPearson @MerrynSW @EdConwaySky @mattotele @jonathan_leake @afneil @energygovuk @julietsamuel

Renewables are not cheap We started subsidising wind in 1990. Now instead of 15 year subsidies we're paying for 20 years We were told we had to subsidise wind and solar as they were immature technologies that needed support to develop Well it's been 36 years!! If a technology can't mature in 36 years there's something fundamentally w with it The reality is we will NEVER be able stop paying these subsidies Plus backup generation or storage Plus the extra grid connection costs as their energy density is so low Plus the extra balancing costs because of the weather based intermittency @Ed_Miliband is doubling down on a failing strategy that will embed high energy prices for another 2 DECADES Time for a rethink @AndyBurnhamGM @ClaireCoutinho @AndrewBowie_MP @griffitha @NJ_Timothy @HarrietCross_MP @DavidGHFrost @mattwridley @cmackinlay @Iromg @AllisonPearson @MerrynSW @EdConwaySky @mattotele @jonathan_leake @afneil