Rian Chad Whitton
@RianCFFWhitton
Analyst and researcher at @bismarckanlys. Formerly @ABIresearch. Upstream statist.
My @TheJobsFndn report on energy-intensive industries is out! The EII sector had a 2023 revenue of £170 billion, a gross value added of £36 billion, and employed over 400,000 people. 🧵 thejobsfoundation.com/jobs-and-energ…
BREAKING: In its semi-annual report, @IEA revises higher its estimate of global consumption in 2024 to a record high of ~8.79 billion metric tons (from ~8.77 billion previously). IEA also anticipates a new demand all-time high in 2025, before dropping in 2026 | #CoalTwitter
eurosummer but we only visit major centers of steel production
Oh no.
🚨 NEW: OnlyFans is now accessible in China, a move that could boost the UK economy significantly A Labour insider told me ‘This is exactly what Lammy’s progressive realism is about!’ as he attempts to justify the recent overtures to the East made by the government
The World Has Too Much Steel, but No One Wants to Stop Making It nytimes.com/2025/07/25/bus…
The details have been released for this year’s auction in which wind farms can bid for electricity price guarantees: 1. The contracts are longer; 2. The prices ceilings are higher; 3. The capacity factors are lower; 4. The amount of guarantees that can be issued is larger.
🗳️ Poll average with Corbyn party included: ➡️ REF – 31% (+16) 🔴 LAB – 19% (-16) 🔵 CON – 19% (-5) 🟣 JCP – 12% (+12) 🟠 LD – 11% (-2) 🟢 GRN – 5% (-2)
Who can forget the great famine of 2025 when Brits had to make journeys of five or even ten minutes from their home to find food
Food delivery will collapse within weeks if you implement this.
Have a nice relaxing drive to collect your takeaway.
nice
Below are the maximum prices we’ll be offering per MWh of power generated from new wind and solar projects, and these prices are guaranteed for the next 20 years. Last year the average price for gas was about £75/MWh. And we can turn on gas whenever we want; solar and wind…
Interesting tool from ONS. Just increasing the state pension age by 1 year allows you to have negative immigration and still have a lower age-dependency ratio by 2042. Its time for mandatory TRT for the over 60s ons.gov.uk/peoplepopulati…
Ask yourself why the state has had to borrow £60b in the first quarter. We're not (yet) in a recession, we're not (yet) at war, we're not fighting a pandemic, etc. Nothing is going to "turn up" to fix this. We are spending far too much money during a fairly normal period. It has…
Borrowing in line with forecast in first quarter of 2025-26 – our monthly commentary on the public finances will be published later this morning 📊
This is the way to go. Given Hollywood’s total cultural decay—with endless franchises and remakes and almost nothing original produced in the past 20 years—this could truly help spark a cultural shift. Overall, good news for everyone who loves cinema
New: Palantir's CTO and several early employees are raising money to launch Founders Films, a film and TV production studio that aims to "say yes to projects about American exceptionalism, name America’s enemies, back artists unconditionally, take risk on novel IP.”
Interesting. While its yet to filter through the economy, production is becoming more high-status than consumption in the U.S. tech industry. From this updated outside perspective, the UK's trajectory is not one of natural drift towards high-end services, but straight-up…
Today I learned that in 1944, the UK had a working population of 24m against a total of 48m, and today has a working population of 28m against a total of 69m. In the 80 intervening years, worker productivity growth has exceeded 2% per year, on average, for a total of over 5x.…
Why are young people so angry? Perhaps a better question to ask is why older people are so complacent. Me in the Telegraph:
Running Croatia on tourism would be harder than this. A daily spend of $200 means turnover. For GVA, subtract intermediates like fuel/drinks. The value-added ratio for leisure is 60% ($120 per tourist night). This means 3.22 billion nights to be on par with Switzerland.
Marko proposes a thought experiment: how many tourists are needed to make a small trendy tourism hotspot like, say, Croatia, as rich as Switzerland? In short: more than the whole U.S. population every year as tourists plus 2 million low-wage laborers from India and elsewhere.
📊**The "LCOE is misleading" megathread **📊 When I write about electricity prices, one of the most common comebacks is a link to some form of LCOE report that says wind and solar are insanely cheap. Let’s break down what it leaves out, and why it misleads on renewables. 🧵
1. Wind and solar both keep me up at night, but for opposite reasons. Solar works and is winning the global race, Britain simply sits too far north to benefit. Britain is betting on wind instead, yet wind lacks the very traits that makes solar work.
Revenues for foreign JVs in China in 1H: VW sales up 1% YoY, but rev -9.5% -> ASP -10.4% Toyota sales up 7.7% & rev up 6% -> ASP -1.5% Honda sales -24.7% & rev -27.8% -> ASP -4% Nissan -26.8% & rev -32% -> ASP -7% Benz -10.6% & rev -22.4% -> ASP -13% BMW -17.9% & rev -26.3% ->…
🚨NEW Conservative Reader 👇 @CitySamuel on Afghanistan @matthewsyed on home ownership @yanisvaroufakis on assetocracy @NeilDotObrien on crime & Balkanisation @TrevorPTweets on small boats @JamesKanag on AI & blue collar workers @RianCFFWhitton on energy & more! link in bio