Energetics Exchange

The third in our series discussing the guidance produced by the Taskforce on Climate-related Financial Disclosures, we examine the pillar of risk management and the issues we see for businesses working to understand, manage and disclose their climate risks. The size and scale of the challenge can be daunting but, as raised and discussed, “Organisations can't stand still while the world changes around them. Leaders need to understand that you can take decisions today that will help steer you on a pathway and enable short-term risks to be managed.”If you have time please follow the link to John Evans 'Climate Risk Barriers' survey. It should take no longer than 5 minutes to complete.Featuring: Sally Cook, Head of Strategy, Energetics and John Evans, director of JE Advisory and former Head of Enterprise Risk Advisory, Commonwealth Bank AustraliaOur host: Joel Hextall, Regional Manager – Western Australia, EnergeticsNote: The information and commentary in this podcast is of a general nature only and does not take into account the objectives, financial situation or needs of any particular individual or business. Listeners should not rely upon the content in this podcast without first seeking advice from a professional.

There's no doubt that electricity markets across Australia are in the midst of a profound transformation with aging coal and gas fire generation leaving the market, and being replaced by large scale solar and wind capacity. The pace and scale of this change has and will continue to be rapid with various ambitious state targets further accelerating the transition. In our latest podcast, Energetics' energy market experts Mark Asbjerg, Anita Stadler and Gilles Walgenwitz discuss the implications of this surging renewable energy capacity. Are we going to have too much? How can generators continue to make a return on their investment in such a market? And what is the value of storage moving forwards?Featuring: Anita Stadler, Head of Renewable Energy Investments and Gilles Walgenwitz, General Manager - Energy and Carbon MarketsOur host: Mark Asbjerg, Principal ConsultantNote: The information and commentary in this podcast is of a general nature only and does not take into account the objectives, financial situation or needs of any particular individual or business. Listeners should not rely upon the content in this podcast without first seeking advice from a professional.

The IPCC's AR6 is a comprehensive analysis of the physical science associated with climate change. In the second in Energetics' series on AR6, we explore what the findings mean in physical terms for Australia and the potential impacts for our businesses and communities. Energetics' climate strategists Robyn Ashton and Anna Kuiper are joined by Dr Sarah Perkins-Kirkpatrick who is an expert in heat waves and their effects. Featuring: Dr Sarah Perkins-Kirkpatrick, UNSW Canberra and chief investigator with the ARC Centre of Excellence for Climate Extremes and Anna Kuiper, ConsultantOur host: Aidan Ashton, Head of DecarbonisationNote: The information and commentary in this podcast is of a general nature only and does not take into account the objectives, financial situation or needs of any particular individual or business. Listeners should not rely upon the content in this podcast without first seeking advice from a professional.

On Monday 9 August, the United Nations Intergovernmental Panel on Climate Change released its sixth assessment report, with a press release describing climate change as “widespread, rapid, and intensifying”. Professor Andy Pitman, a lead author on the IPCC's third and fourth assessment reports, discusses the challenges facing Australia and the issues for business. He is joined by Energetics' Sally Cook who works with boards and executives to understand and manage their climate risks. Featuring: Professor Andy Pitman, Director, ARC Centre of Excellence for Climate Extremes, UNSW and Sally Cook, Head of StrategyOur host: Dr Peter Hot, General Manager - StrategyNote: The information and commentary in this podcast is of a general nature only and does not take into account the objectives, financial situation or needs of any particular individual or business. Listeners should not rely upon the content in this podcast without first seeking advice from a professional.

Episode 19: The four pillars of the TCFD: strategyContinuing our series on the guidance produced by the Taskforce on Climate-related Financial Disclosures (TCFD), this episode focuses on strategy, the second of the four TCFD pillars. Energetics' Ghislaine Platell whose climate risk strategy work includes the landmark disclosure by the CBA as seen in their 2019 annual report, hosts the discussion. She is joined by Olivia Kember, Principal Consultant and lead author of Full Disclosure: Improving Corporate Reporting on Climate Risk, and Robyn Ashton, Senior Consultant, built environment expert and climate risk strategist. With experience advising some of Australia's largest businesses, they explore what constitutes excellence in climate strategy.Featuring: Olivia Kember, Principal Consultant and Aidan Ashton, Head of DecarbonisationOur host: Dr Ghislaine Platell, Senior ConsultantNote: The information and commentary in this podcast is of a general nature only and does not take into account the objectives, financial situation or needs of any particular individual or business. Listeners should not rely upon the content in this podcast without first seeking advice from a professional.

Our guest for this podcast is Jarrod Leak, CEO of the Australian Alliance for Energy Productivity (A2EP). Jarrod joins Energetics' Roger Horwood, arguably one of Australia's most experienced energy strategists who has consulted across all sectors of the economy. At a time when energy markets are changing and business commitments to decarbonise are growing, Jarrod and Roger discuss developments in energy technologies that support electrification, demand management, bio energy sources and, increasingly, hydrogen and decentralised manufacturing.Featuring: Jarrod Leak, CEO, A2EP and Roger Horwood, Associate, EnergeticsNote: The information and commentary in this podcast is of a general nature only and does not take into account the objectives, financial situation or needs of any particular individual or business. Listeners should not rely upon the content in this podcast without first seeking advice from a professional.

For Energetics' first podcast of the year, we begin with a focus on the Taskforce on Climate-related Financial Disclosures (TCFD). In this episode we discuss governance, the first of the four TCFD pillars. Energetics' Sally Cook who leads our TCFD advisory services is joined in conversation by Principal Consultant and lead on the IGCC report Full Disclosure: Improving Corporate Reporting on Climate Risk, Olivia Kember, and governance expert, Susan Staples. Together they consider the elements of governance – oversight, foresight and insight.Featuring: Olivia Kember, Principal Consultant, Energetics and Susan Staples, governance and climate risk specialistOur host: Sally Cook, Principal Consultant, EnergeticsNote: The information and commentary in this podcast is of a general nature only and does not take into account the objectives, financial situation or needs of any particular individual or business. Listeners should not rely upon the content in this podcast without first seeking advice from a professional.

Australia has extraordinary renewable energy resources. Parts of Australia are already experiencing some of the highest levels of wind and solar generation in the world, including one of the highest levels of small (residential) distributed solar photovoltaic systems. In recognition of the opportunity they present and the need to carefully manage the penetration of renewable resources into the National Electricity Market (NEM), the Australian Electricity Market Operator (AEMO) conducted the Renewable Integration Study (RIS). Released in April 2020, the RIS is the first stage of a multi-year plan to support a secure NEM into the future. In this podcast, we speak with one of the study's authors, AEMO's Chris Davies, who discusses the features, the feedback received to date, the evolution of the market and the critical next steps.  Featuring: Chris Davies, Manager of Future Energy Systems, AEMO and Gilles Walgenwitz, General Manager, Energy and Carbon Markets, EnergeticsOut host: Anita Stadler, Associate, EnergeticsNote: The information and commentary in this podcast is of a general nature only and does not take into account the objectives, financial situation or needs of any particular individual or business. Listeners should not rely upon the content in this podcast without first seeking advice from a professional.

In a year in which we've heard the word ‘unprecedented' used many times, risk management is front and centre for organisations; particularly how they identify and prepare for large scale, high impact, business disruptions. The reality of our changing climate – and what we are doing about it – was highlighted with the devastating bushfires in Australia and the US. But while climate risk issues have been vigorously discussed in the past, they have not perhaps always been robustly addressed. There have been many initiatives aimed at increasing the awareness of climate risk, the assessment of the impacts of climate risk, and improving market disclosures in relation to exposure to climate risk, including the TCFD. So what, if anything, has changed - or is changing - in how we manage (and disclose) climate risk and build resilience?Featuring: Nigel Brook, Partner, Clyde&Co and Dr Mary Stewart, CEO, EnergeticsOut host: Susan Staples, Associate, EnergeticsNote: The information and commentary in this podcast is of a general nature only and does not take into account the objectives, financial situation or needs of any particular individual or business. Listeners should not rely upon the content in this podcast without first seeking advice from a professional.

More and more businesses are pursuing emissions reductions. In this podcast we demystify the process of target setting. Energetics' experts, Sonya Samson and Matthew Sprague discuss what they have seen when supporting clients to determine the type of target and the framework to be used, the need to align to business strategy, the importance of transparency and the use of offsets. The conversation is guided by Energetics' strategy and policy services lead, Sally Cook.Featuring:  Matt Sprague, Senior Manager and Sonya Samson, Senior ConsultantOut host: Sally Cook, Principal ConsultantNote: The information and commentary in this podcast is of a general nature only and does not take into account the objectives, financial situation or needs of any particular individual or business. Listeners should not rely upon the content in this podcast without first seeking advice from a professional.

Australia has long been an innovator in the development of batteries. At a time when wind and solar offer significant cost reduction opportunities, and we see interest growing in distributed energy solutions, particularly behind-the-meter solar, Australia's battery industry is set to boom. In this podcast, Energetics speaks with Jacques Eksteen of the Future Battery Industries Cooperative Research Centre about the benefits available to energy users, the maturity of the market and advice for corporates evaluating behind the meter battery solutions. Featuring: Dr Gordon Weiss, Associate, Energetics and Jacques Eksteen, Chief Operating Officer, Future Battery Industries CRC in conversation with Anita Stadler, Associate and Renewables Market Lead, EnergeticsNote: The information and commentary in this podcast is of a general nature only and does not take into account the objectives, financial situation or needs of any particular individual or business. Listeners should not rely upon the content in this podcast without first seeking advice from a professional.

The CSIRO and Bureau of Meteorology have vast sets of data and information, and deep knowledge, relating to Australia's changing climate. As Australian businesses and communities seek to address the challenge of climate change, they need to access the science to obtain the insights they need. Energetics has collaborated with CSIRO previously to help the Commonwealth Bank of Australia (CBA) understand the climate risks posed to their agricultural loan book out to 2060. In this podcast we discuss the value that can be unlocked by accessing Australia's extensive climate change scientific resources.Featuring: Dr Peter Holt, General Manager - Strategy and Policy and Dr Nick Wood, AssociateNote: The information and commentary in this podcast is of a general nature only and does not take into account the objectives, financial situation or needs of any particular individual or business. Listeners should not rely upon the content in this podcast without first seeking advice from a professional.

The Investor Group on Climate Change (IGCC) has released a landmark report following workshops and engagement with over 50 investors from 22 organisations with more than $1.1 trillion in collective funds under management. Emma and Olivia discuss the report's findings which show that significant improvements are needed to make climate disclosures more useful for decision-making, risk assessment, portfolio management and company engagement.Featuring: Emma Herd, CEO, IGCC and Olivia Kember, lead author on the report, EnergeticsOur host: Andrew Tipping, General Manager - Clients and Business DevelopmentNote: The information and commentary in this podcast is of a general nature only and does not take into account the objectives, financial situation or needs of any particular individual or business. Listeners should not rely upon the content in this podcast without first seeking advice from a professional.

 After considering the impact of COVID-19 on Ausrtalia's energy markets, we now turn to the economic downturn and the need to keep energy costs low. Mark and Gilles discuss the range of options available to businesses when looking to secure the most advantageous retail electricity deal. Featuring: Gilles Walgenwitz, General Manager, Energy and Carbon Markets and Mark Asbjerg, Principal ConsultantOur host: Helen Wetherell, General Manager, Marketing and CommunicationsNote: The information and commentary in this podcast is of a general nature only and does not take into account the objectives, financial situation or needs of any particular individual or business. Listeners should not rely upon the content in this podcast without first seeking advice from a professional.

David Solsky of Envizi, a resource optimisation platform, discusses big data analytics and reporting for energy, sustainability and asset performance. He is in conversation with Energetics' Michael Bosnich and Jamie Ayers. With visibility of data from the enterprise to the equipment level, businesses can identify patterns, prioritise actions, improve efficiency and verify emissions reductions. Featuring: Michael Bosnich, General Manager, Energy Accounting - Energetics and David Solsky, CEO, EnviziOur host: Jamie Ayers, Associate - EnergeticsNote: The information and commentary in this podcast is of a general nature only and does not take into account the objectives, financial situation or needs of any particular individual or business. Listeners should not rely upon the content in this podcast without first seeking advice from a professional.

In this podcast episode, Energetics' Dr Peter Holt is in conversation with Brendan Bateman, Partner at Clayton Utz and leader of the firm's Climate Change and Sustainability Group. He shares his insights on the legal implications associated with managing and disclosing climate risks, the need to consider both emissions reduction pathways and adaptation measures for a hotter, drier world, and the importance of engaging with climate science.Featuring: Dr Peter Holt, General Manager, Strategy and Policy and Brendan Bateman, Partner, Clayton UtzNote: The information and commentary in this podcast is of a general nature only and does not take into account the objectives, financial situation or needs of any particular individual or business. Listeners should not rely upon the content in this podcast without first seeking advice from a professional.

An experienced leader in the finance sector, particularly in sustainability and governance, Emma shares her views on climate risk management, the power of scenario based analysis for planning and capital allocations, and the importance of engaging with the investor community. Together with Energetics' Peter Holt, they discuss the impact of the COVID-19 crisis and Australia's path to economic recovery.Featuring: Dr Peter Holt, General Manager, Strategy and Policy and Emma Pringle, sustainable finance professionalNote: The information and commentary in this podcast is of a general nature only and does not take into account the objectives, financial situation or needs of any particular individual or business. Listeners should not rely upon the content in this podcast without first seeking advice from a professional.

Energetics' Matt Sprague is joined by Chris Nunn, Head of Sustainability at AMP Capital, Real Estate, to discuss the value that can be created in setting net zero emissions targets. Moderated by Jamie Ayers, built environment leader at Energetics, the conversation spans why AMP Capital is pursuing a net zero ambition, their approach to scope 1, 2 and 3 emissions and their plans for securing offsets that support the restoration of Australia's biodiversity.Featuring: Matt Sprague, Senior Manager - Energetics and Chris Nunn, Head of Sustainability - AMP Capital, Real EstateOur host: Jamie Ayers, Associate - EnergeticsNote: The information and commentary in this podcast is of a general nature only and does not take into account the objectives, financial situation or needs of any particular individual or business. Listeners should not rely upon the content in this podcast without first seeking advice from a professional.

Energetics' Dr Gordon Weiss in conversation with Dr Peter Holt, discuss the opportunity to support the decarbonisation of Australia's economy. They consider both Australia's track record of emissions reductions and where the opportunities lie for future abatement; from both the expansion of renewable energy to electric vehicles, electrification and the application of hydrogen technologies. Featuring: Dr Peter Holt, General Manager, Strategy and Policy and Dr Gordon Weiss, AssociateNote: The information and commentary in this podcast is of a general nature only and does not take into account the objectives, financial situation or needs of any particular individual or business. Listeners should not rely upon the content in this podcast without first seeking advice from a professional.

With the upheaval created by the COVID-19 pandemic, Australian businesses have been consumed by the need to respond and swiftly adapt to the new conditions that were so dramatically forced upon them. Yet despite these immense challenges, it is clear that leading businesses have retained a focus on developing a response to the growing risks presented by climate change – brought into sharp focus by the very recent, devastating fire season. In this episode Energetics' discusses the two elements of climate management: transitional risks and physical risks. We consider the value that is being created as businesses increasingly become aware of the need to integrate their climate response into their overall business strategy and vision for the future.Featuring: Dr Nick Wood, Associate and Sally Cook, Principal ConsultantOur host: Dr Peter Holt, General Manager, Strategy and PolicyNote: The information and commentary in this podcast is of a general nature only and does not take into account the objectives, financial situation or needs of any particular individual or business. Listeners should not rely upon the content in this podcast without first seeking advice from a professional.

In this episode, Energetics' CEO and business observer to the UNFCCC, Dr Mary Stewart is joined by Andrew Petersen, CEO of the Business Council for Sustainable Development Australia. In conversation, they share their insights on the status of global climate negotiations. We hear not only about the impact of COVID-19 on the progress of work and decision-making, but also what the pandemic may mean for global climate action when the world rebuilds.Featuring: Dr Mary Stewart, CEO - Energetics and Andrew Petersen, CEO - BCSD-AOur host: Dr Peter Holt, General Manager, Strategy and PolicyNote: The information and commentary in this podcast is of a general nature only and does not take into account the objectives, financial situation or needs of any particular individual or business. Listeners should not rely upon the content in this podcast without first seeking advice from a professional.

In this podcast, Energetics' Anita Stadler and Mark Asbjerg, energy markets experts and leading advisers on corporate renewable power purchase agreements, discuss the outlook for the renewable energy market in 2020 and the risk mitigation measures corporates can pursue when negotiating a renewable power purchase agreement. Featuring: Anita Stadler, Associate and Mark Asbjerg, Senior ManagerOur host: Andrew Tipping, General Manager, Clients and Business DevelopmentNote: The information and commentary in this podcast is of a general nature only and does not take into account the objectives, financial situation or needs of any particular individual or business. Listeners should not rely upon the content in this podcast without first seeking advice from a professional.

COVID-19 is causing unprecedented upheaval across the Australian economy and the effects are being felt in electricity and gas markets. Should we see an economic downturn impacting exchange rates and the debt markets, there could be flow on effects for the price of dispatchable capacity. There are also questions around the broader investment pipeline for new generation assets in the private sector.For large energy users there is a range of risk management strategies that can be tailored to individual circumstances. Our experts will discuss the issues and the options available to business.Featuring: Gilles Walgenwitz, General Manager, Energy and Carbon Markets and Alister Alford, Principal ConsultantOur host: Andrew Tipping, General Manager, Clients and Business DevelopmentNote: The information and commentary in this podcast is of a general nature only and does not take into account the objectives, financial situation or needs of any particular individual or business. Listeners should not rely upon the content in this podcast without first seeking advice from a professional.