Adi Surrey Energy
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adiimsirovic.bsky.social
Adi Surrey Energy
@adiimsirovic.bsky.social
NO filter. OWN twisted thoughts.
Oil trader 35 y. Fulbright scholar. Lecturer Energy Systems Ox, PhD. Econ. MSc Energy Econ.
Why some people turn off the lights and others don’t
Cost, convenience and societal conventions are all strong influences on our actions. This helps to explain changes in how much homes are heated (due to central heating being more widespread), or use of hot water
theconversation.com/why-some-peo...
Why some people turn off the lights and others don’t
Knowing about the environmental cost of using energy does not drive people to use less, according to a new study.
theconversation.com
November 2, 2025 at 12:22 PM
'Norges Bank Investment Management (NBIM), which manages $1.7tn of Norway’s oil wealth and is Tesla’s seventh-largest shareholder with a 1 per cent stake, last June voted against Musk’s $56bn pay package' www.ft.com/content/e1c4...
January 28, 2025 at 4:48 PM
'The Nasdaq fell 3 per cent and US chipmaker Nvidia, which produces the chips used to train large AI models, slumped 17 per cent, losing $600bn in market capitalisation.'
OpenAI’s Sam Altman vows ‘better models’ as China’s DeepSeek disrupts global race www.ft.com/content/b98e...
OpenAI’s Sam Altman vows ‘better models’ as China’s DeepSeek disrupts global race
Executives and investors question valuations and whether vast capital outlays are needed after all
www.ft.com
January 28, 2025 at 8:49 AM
It is for the cabinet to allow expansion and for the industry to decide what to do and how to grow.
UK cabinet ministers are questioning whether a proposed expansion of London’s Heathrow, Gatwick and Luton airports would have the growth impact intended www.bloomberg.com/news/article...
Cabinet Doubts Linger Over Boost From Reeves’ UK Airport Plan
UK cabinet ministers are questioning whether a proposed expansion of London’s Heathrow, Gatwick and Luton airports would have the growth impact intended, as tensions brew within government over Chance...
www.bloomberg.com
January 27, 2025 at 6:16 AM
When we start looking, we usually find it:
“DeepSeek R1 is AI’s Sputnik moment”
Asia tech stocks fall as DeepSeek sows doubts about AI spending www.ft.com/content/e670...
Asia tech stocks fall as DeepSeek sows doubts about AI spending
Chinese start-up’s budget model raises questions about the need for huge western hardware investment
www.ft.com
January 27, 2025 at 6:11 AM
We have entered a new age, the Age of Injustice where might is right and a transactional king-president acts on a whim or a good bribe.
Trump proposes ‘clean out’ of Gaza population www.ft.com/content/8f53...
Trump proposes ‘clean out’ of Gaza population
US president urges Egypt and Jordan to take in people from ‘demolition site’
www.ft.com
January 26, 2025 at 1:17 PM
'DeepSeek, founded by hedge fund manager Liang Wenfeng, released its R1 model on Monday, explaining in a detailed paper how to build a large language model on a bootstrapped budget that can automatically learn and improve itself without human supervision.'
www.ft.com/content/747a...
How small Chinese AI start-up DeepSeek shocked Silicon Valley
Hedge fund billionaire Liang Wenfeng builds model on tight budget despite US attempt to halt China’s high-tech ambitions
www.ft.com
January 25, 2025 at 6:23 PM
January 24, 2025 at 9:30 PM
January 24, 2025 at 8:07 PM
January 24, 2025 at 8:01 AM
Meanwhile, in Europe...
January 22, 2025 at 11:23 AM
January 22, 2025 at 9:06 AM
Is the US next?
January 20, 2025 at 11:24 AM
The incumbent elites are taking us down the long and expensive way around the problem of climate change. Hold on to your socks!
Met Office: Record global CO2 rise leaves 1.5C goal hanging by a thread www.businessgreen.com/4396770/
Met Office: Record global CO2 rise leaves 1.5C goal hanging by a thread
Study shows increase in CO2 levels in the atmosphere far exceeded expectations last year, fuelling fears chances of limiting global warming to 1.5C are slipping out of reach
www.businessgreen.com
January 18, 2025 at 5:21 PM
When CEOs are supposed to go down due to a lack of vision, they make sure thousands of others go before they throw in the towel.
Not to mention the boards who usually 'handpick' them.
www.bbc.co.uk/news/article...
BP to cut 4,700 jobs to reduce costs
The job losses at the oil giant will affect more than 5% of its global workforce.
www.bbc.co.uk
January 16, 2025 at 2:36 PM
We do not need oil.
We only need services that oil provides.

'There was a boom in trucks switching from diesel to liquefied natural gas, and, most importantly, the rising number of electric vehicles helped to depress sales of petrol and diesel.'
ft.com/content/341f...
Has China already reached peak oil?
The country’s demand for crude seems to be plateauing sooner than expected. The implications are huge
ft.com
January 16, 2025 at 11:23 AM
Why heat pumps are struggling in the UK:
Standard Variable Tariff (major provider)
Gas
6.417p per kWh
31.295p per day

Electricity
24.978p per kWh
64.265p per day
January 15, 2025 at 8:39 PM
Tariffs will prevent a major battery price plunge: BNEF
'Lithium-ion battery prices are forecast to drop 3% to around $112 per kilowatt-hour, the analysts found. That compares to a decline of 20% in 2024 and 13% the year prior.'
January 15, 2025 at 3:32 PM
Subsidies.
Scorge of the developing (and often developed) world.
Subsidies incentivise bad behaviour and drain government coffers, usually by the well-connected rich and criminal gangs.
January 15, 2025 at 10:46 AM
“The 2034 bidding process suggests that any state that really wants the tournament badly enough, and has financial leverage over Fifa, only has to convince one man — the Fifa president.”

How Saudi Arabia won the World Cup www.ft.com/content/abfb...
How Saudi Arabia won the World Cup
Fifa award draws criticism from rights groups who question links between the kingdom and football’s governing body
www.ft.com
January 15, 2025 at 10:25 AM
The word supercycle has been superused

The China commodities supercycle is over. Will there be another? www.ft.com/content/8ae5...
The China commodities supercycle is over. Will there be another?
Chinese demand for steel and iron ore has finally peaked. The industry hopes the energy transition will spark a new boom, but it will be shaped by geopolitical competition
www.ft.com
January 15, 2025 at 9:56 AM
Energy transition will be expensive (politicians, please do not lie to people pretending it will just 'generate jobs' etc.).
But the cost of doing nothing is far, far greater.
The more we wait, the (exponentially) higher the cost of climate change will be.
Save lives and money by acting NOW.
a poster with the words change is the only way to charge on it
ALT: a poster with the words change is the only way to charge on it
media.tenor.com
January 14, 2025 at 9:59 AM
EU gas prices jump after claimed attack on last Russian pipeline www.ft.com/content/cb2d...
EU gas prices jump after claimed attack on last Russian pipeline
Also in this newsletter: Rome’s war on scooters gains speed
www.ft.com
January 14, 2025 at 9:18 AM
Relaxing week-end read with the FT
- World breaches 1.5C global warming target for first time in 2024
- The rising threat of deadly diseases jumping from animals to humans
- The uncomfortable truth about social media networks
January 10, 2025 at 8:44 AM
The UK is seeking to juggle the biggest sale of five-year bonds in more than a decade against a surge in borrowing costs
'...attracted three times more bids than the amount of securities available...'
www.bloomberg.com/news/article...
UK Prepares to Sell New Five-Year Bonds as Borrowing Costs Surge
The UK sold £4.25 billion ($5.3 billion) of five-year bonds on Wednesday, its biggest sale of that maturity in more than a decade, as a surge in borrowing costs complicates the government’s funding pl...
www.bloomberg.com
January 8, 2025 at 10:53 AM