Podcasts about energy sector

The following article of the AI Cloud & Data industry is: “Energy Efficiency: The AI of Mexico's Energy Sector” by Leonardo Beltrán, Non-Resident Fellow, Non-Resident Fellow. (AA1106)

After crude oil's parabolic rally this week, Neal Dingmann turns to the energy sector and explains how the massive move is small when you compare it to the one-year chart. He highlights stocks to watch and ways to position your portfolio as Iran volatility rattles markets. Tom White offers an example options trade for the United States Oil Fund ETF (USO). ======== Schwab Network ========Empowering every investor and trader, every market day.Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6DSubscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about

Key Topics Iran war escalation and regional reactions The role of AI in military operations and security Energy sector disruptions due to Middle East conflict   Nahal Toosi | politico.com/author/nahal-toosi Anton La Guardia | economist.com/our-people/anton-la-guardia Prashant Rao | semaphore.co/author/prashant-rao

If you're a student, graduate, engineer, geoscientist, or industry professional trying to make sense of where energy is heading this conversation matters.Many of you are navigating career uncertainty, hearing mixed messages about oil and gas, renewables, AI, fracking, net zero and policy shifts. It can feel difficult to understand where real opportunity sits and what skills will still matter in 10 or 20 years.In this episode, I sit down with subsurface and exploration manager Mike Cooper to talk openly about how the industry has changed since the 1980s, what's happening globally across oil, gas and renewables, and what this means for the next generation entering energy.We explore:

The ASX 200 ended Monday little changed as escalating Middle East tensions sparked sharp sector swings. Energy stocks soared 5.5% to a 1.5-year high, while gold miners jumped on safe-haven demand. Defensive staples gained, but banks and tech fell amid global uncertainty. Investors await potential US-Iran talks and key economic data including Australian GDP and US jobs figures this week. Steve Daghlian and Laura Besarati are Market Analysts at CommSec. Each episode, they break down the day's market movements and explain what the numbers really mean. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.

Cédric Durand discusses ecological planning, institutional utopias, and the idea of bifurcation. Find the feed of English episodes only here: https://www.futurehistories-international.com/ You can also import the RSS feed to your favorite app: https://www.futurehistories-international.com/feed.xml Shownotes Cédric at the University of Geneva (includes a list of his publications): https://www.unige.ch/sciences-societe/dehes/membres/cedric-durand Cédric's personal website: https://durandcedric.wordpress.com/ Durand, C. & Keucheyan, R. (2026 forthcoming). Das Prinzip Verzweigung. Über ökologische Planung in Wirtschaft und Gesellschaft. Dietz. https://dietzberlin.de/verlagsprogramm-fruehjahr-2026 Durand, C. & Keucheyan, R. (2024). Comment bifurquer. Les principes de la planification écologique. La Découverte. https://www.editionsladecouverte.fr/comment_bifurquer-9782355221910 Durand, C., Hofferberth, E., Schmelzer, M. (2024). Planning Beyond Growth. The Case for Economic Democracy within Ecological Limits. Journal of Cleaner Production, Vol. 437. https://www.sciencedirect.com/science/article/pii/S0959652623045092?via%3Dihub Durand, C. & Keucheyan, R. (2022). Planning without Political Constraint imposed on Economic Actors is not real Planning. Verso Blog. https://www.versobooks.com/blogs/news/5469-planning-without-political-constraint-imposed-on-economic-actors-is-not-real-planning on Karl William Kapp: https://en.wikipedia.org/wiki/Karl_William_Kapp on Friedrich Hayek: https://en.wikipedia.org/wiki/Friedrich_Hayek O'Neill, J. (2002). Socialist Calculation and Environmental Valuation. Money, Markets and Ecology. Science & Society, 66(1). http://gesd.free.fr/oneill.pdf on La Planification Ècologique in France: https://www.info.gouv.fr/grand-dossier/france-nation-verte the Secrétariat général à la planification écologique (SGPE): https://lannuaire.service-public.gouv.fr/gouvernement/6af2c8c4-bdf7-405c-bd9e-ed48dad83b96 Viennot, M. (2025). La planification écologique. La Découverte. https://www.marxists.org/archive/marx/works/1867-c1/appendix.htm Pisani-Ferry, J. & Mahfouz, S. (2023). The Economic Implications of Climate Action. A Repot to the French Prime Minister. France Stratégie. https://www.strategie-plan.gouv.fr/en/publications/economic-implications-climate-action Wright, E. O. (2010). Envisioning Real Utopias. Verso. https://www.versobooks.com/products/2143-envisioning-real-utopias on the Inflation Reduction Act: https://de.wikipedia.org/wiki/Inflation_Reduction_Act on the Developmental State concept:  https://en.wikipedia.org/wiki/Developmental_state Zhou, Z., Ou, J., Li, S. (2016). Ecological Accounting. A Research Review and Conceptual Framework. Journal of Environmental Protection. 7. 643-655. https://www.researchgate.net/publication/301270365_Ecological_Accounting_A_Research_Review_and_Conceptual_Framework on Citizen's Assemblies: https://en.wikipedia.org/wiki/Citizens%27_assembly on Michel Husson: https://en.wikipedia.org/wiki/Michel_Husson on the Commanding Heights of the Economy concept: https://en.wikipedia.org/wiki/Commanding_heights_of_the_economy on the British Wartime Economy during the Second World War: https://en.wikipedia.org/wiki/British_home_front_during_World_War_II on Economic Planning in France after the Second World War: https://en.wikipedia.org/wiki/Economic_planning_in_France Ali, S. (1969). Economic Planning in France 1945–1965. A Brief Review. The Punjab University Economist, 7(1), 51–69. https://www.jstor.org/stable/25821321 on Malthusianism: https://en.wikipedia.org/wiki/Malthusianism on Degrowth: https://degrowth.info on Jason Hickel: www.jasonhickel.org on Giorgos Kallis: https://www.icrea.cat/community/icreas/17610/giorgos-kallis/ Jackson, T., Hickel, J., Kallis, G. (2024). Confronting the Dilemma of Growth. A Response to Warlenius (2023). Ecological Economics, Vol. 220. https://www.sciencedirect.com/science/article/abs/pii/S092180092300352X?via%3Dihub Zeug, W., Heyer, J., Lutosch, H. (2025). Cybernetic Democratic Economic Planning & Holistic Accounting. An Economic Framework to Achieve Sustainable Societal Metabolisms. https://www.researchgate.net/publication/393790658_Cybernetic_Democratic_Economic_Planning_Holistic_Accounting_-_An_Economic_Framework_to_Achieve_Sustainable_Societal_Metabolisms on the Holistic and Integrated Life Cycle Sustainability Assessment (HILCSA): https://www.ufz.de/index.php?en=50083 on Ecosystem Services: https://en.wikipedia.org/wiki/Ecosystem_service O'Neill, D.W., Fanning, A.L., Lamb, W.F. et al. (2018). A Good Life for All Within Planetary Boundaries. Nature Sustainability 1, 88–95. https://www.nature.com/articles/s41893-018-0021-4 Fehér, F., Heller, A., Márkus, G. (1983). Dictatorship Over Needs. Blackwell. https://archive.org/details/dictatorshipover0000fehe/page/n5/mode/2up Keucheyan, R. (2024). Ágnes Heller's Theory of Need Is a Vital Political Tool. Jacobin. https://jacobin.com/2024/12/agnes-heller-philosophy-marxism-needs on Planetary Boundaries: https://www.stockholmresilience.org/research/planetary-boundaries.html on Wassily Leontief: https://en.wikipedia.org/wiki/Wassily_Leontief on the Input-Output Model in Economics: https://en.wikipedia.org/wiki/Input%E2%80%93output_model on the Berlin Housing Campaign for Socializing Housing owned by Big Real Estate Companies: https://dwenteignen.de/en on Socialization in the Energy Sector: https://communia.de/en/energy-power-transformation/ on the New International Economic Order (NIEO): https://en.wikipedia.org/wiki/New_International_Economic_Order on the Banque de France: https://www.banque-france.fr/en on the French National Institute of Statistics and Economic Studies (INSEE): https://www.insee.fr/en/information/2107702 on the Direction Générale des Entreprises: https://www.entreprises.gouv.fr/   Future Histories Episodes on Related Topics S3E55 | Kim Stanley Robinson on Real Utopian Futures https://www.futurehistories.today/episoden-blog/s03/e55-kim-stanley-robinson-on-real-utopian-futures S03E54 | Rabea Berfelde on Socialisation https://www.futurehistories.today/episoden-blog/s03/e54-rabea-berfelde-on-socialisation/ S03E30 | Matt Huber & Kohei Saito on Growth, Progress and Left Imaginaries https://www.futurehistories.today/episoden-blog/s03/e30-matt-huber-kohei-saito-on-growth-progress-and-left-imaginaries/ S02E24 | Grace Blakeley on Capitalist Planning and its Alternatives https://www.futurehistories.today/episoden-blog/s03/e24-grace-blakeley-on-capitalist-planning-and-its-alternatives/ S03E21 | Christoph Sorg zu Finanzwirtschaft als Planung https://www.futurehistories.today/episoden-blog/s03/e21-christoph-sorg-zu-finanzwirtschaft-als-planung/ S03E03 | Planning for Entropy on Sociometabolic Planning https://www.futurehistories.today/episoden-blog/s03/e03-planning-for-entropy-on-sociometabolic-planning/ S03E02 | George Monbiot on Public Luxury https://www.futurehistories.today/episoden-blog/s03/e02-george-monbiot-on-public-luxury/ --- If you are interested in democratic economic planning, these resources might be of help: Democratic planning – an information website: https://www.democratic-planning.com/ Sorg, C. & Groos, J. (eds.)(2025). Rethinking Economic Planning. Competition & Change Special Issue Volume 29 Issue 1. https://journals.sagepub.com/toc/ccha/29/1 Groos, J. & Sorg, C. (2025). Creative Construction - Democratic Planning in the 21st Century and Beyond. Bristol University Press. [for a review copy, please contact: amber.lanfranchi[at]bristol.ac.uk] https://bristoluniversitypress.co.uk/creative-construction International Network for Democratic Economic Planning https://www.indep.network/ Democratic Planning Research Platform: https://www.planningresearch.net/ --- Future Histories Contact & Support If you like Future Histories, please consider supporting us on Patreon: https://www.patreon.com/join/FutureHistories Contact: office@futurehistories.today Instagram: https://www.instagram.com/futurehpodcast/ Mastodon: https://mstdn.social/@FutureHistories English webpage: https://futurehistories-international.com   Episode Keywords #CédricDurand, #JanGroos, #Interview, #FutureHistories, #FutureHistoriesInternational, #futurehistoriesinternational, #Transition, #DemocraticPlanning, #EcologicalPlanning, #DemocraticEconomicPlanning, #Capitalism, #Socialism, #Socialisation, #Investment, #Degrowth, #State, #RealUtopias

Forty years ago, when I was trading eurodollar interest rate futures, it was routine to respond to a sudden unexplained move in the market by calling the floor of the CME and talking to our broker. Caught up in the excitement of the loud heaving mass of brokers and locals in the pit*, he would […]

The following article of the Policy & Economy industry is: “The Impact of Geopolitics on the Energy Sector” by Yolanda Villegas, Legal Director, Envases (AA2012)

If you're early in your career or you've moved faster than you expected into responsibility this episode is for you. Many people in the energy sector worry about whether they're “ready enough”, whether they've moved too quickly, or whether choosing a smaller company might limit future options. These questions matter because the early decisions you make often shape confidence, capability, and long term direction more than job titles ever will.In this episode of Energy Sector Heroes, I'm joined by Cameron Thorp, Engineering Manager at Subsea Pressure Controls. Cameron shares what it's really like stepping into a senior role at a young age, managing people with more experience than you, and building credibility without decades on your CV. We talk honestly about imposter syndrome, chartership, mentoring, interviews, and why being proactive often matters more than ticking every requirement box.This is a grounded conversation about learning by doing, making deliberate career moves, and backing yourself even when it feels uncomfortable.Key Takeaways You Can Act On

Podcast: Energy TalksEpisode: #120: Use of Deception Solutions in Energy Sector CybersecurityPub date: 2026-02-13Get Podcast Transcript →powered by Listen411 - fast audio-to-text and summarizationDiscover how digital twins of online infrastructure can be used to fool attackers In this episode of Energy Talks, host Simon Rommer, OT Security Consultant at OMICRON, and his guest. Christoph Kukovic, Chief Information Security Officer at Verbund AG, Austria's leading energy company and one of the largest producers of hydroelectricity in Europe, discuss the critical roles of IT and OT in power systems cybersecurity, focusing on the use of deception solutions. Deception solutions aim to create realistic online environments for attackers. The idea is to challenge them with a digital twin of the online infrastructure so that they attack the deception solution instead of the real infrastructure. Christoph shares his insights with Simon into his personal cybersecurity journey, the challenges faced in implementing innovative cybersecurity measures, and the development of his company's own deception solutions. The conversation delves into the importance of collaboration, the need for realistic simulations, the difference between honeypot and deception solutions, and testing deception solutions in real-world scenarios. Get more information about OT cybersecurity for power grids . We welcome your questions and feedback. Simply send us an email to podcast@omicronenergy.com. Please join us to listen to the next episode of Energy Talks.The podcast and artwork embedded on this page are from OMICRON electronics GmbH, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.

In this episode of Energy Talks, host Simon Rommer, OT Security Consultant at OMICRON, and his guest, Christoph Kukovic, Chief Information Security Officer at Verbund AG , Austria's leading energy company and one of the largest producers of hydroelectricity in Europe, discuss the critical roles of IT and OT in power systems cybersecurity, focusing on the use of deception solutions to fool attackers and protect online infrastructure.

This Government's running into similar problems Jacinda's one did on energy - they're getting too much 'official' advice and reports. The problem when you ask 'the experts' for advice on every thought that pops into your head, is that they tend to agree with it. And if they don't, you tend to ignore them. And what does that tell you about the need for the advice in the first place? Latest case in point is the LNG terminal in Taranaki. A billion bucks. We'll be paying a levy on our power bills to fund it. Big announcement at the Beehive theatrette yesterday. The 'official advice' from MBIE and the rest was that this is the way to go. This will save us all, on average, apparently, $1 a week on electricity. If we're lucky. Because remember, as with all advice, there are caveats. The caveats are "depends on this" and "depends on that". So, we've got an announcement and we hope for the best and this thing will be built, come hell or high water, bar a change of government, by 2027. When the wind doesn't blow and the sun doesn't shine, we'll import LNG and keep the lights on. BUT. Last year we had the Frontier Economics report. Same issue but different set of 'advisors'. They're an independent global consultancy crowd and what they said was quite different. They told us it would basically be a dumb idea to build an import terminal because you've got a massive fixed cost spread over a relatively small amount of output, because you're only using this as a back-up. You can't sell an LNG terminal once you're finished with it. These particular advisors made the point that it's quite a specific piece of kit and could well turn it one of this country's biggest white elephant investments. Yet here we are less than a year later with a different set of advice and another vague plan. There's no doubt this country needs a plan to deal with energy security, but depending on who you ask, this is either brilliant or batshit.See omnystudio.com/listener for privacy information.

Canadian Energy Minister Tim Hodgson says the Carney government is open to increasing investment by Chinese companies in Canada's Energy sector. This follows the Prime Minister's trade mission to China back in January. He joins Vassy Kapelos in Hour 1. On today's show: Canadian economist Don Drummond on why he believes the Bank of Canada isn't properly weighing U.S. trade uncertainty in its economic forecasts. The Explainer with international trade lawyer Robert Glasgow: Can Canada sign trade deals with individual U.S. states? The Daily Debrief Panel - featuring Stephanie Levitz, Jeff Rutledge, and Laura D'Angelo. TSN's AJ Jakubec previews the 2026 Winter Olympic Games. Conservative leader Pierre Poilievre speaks to reporters ahead of his meeting with Prime Minister Carney.

If you work in energy, whether you're early in your career, mid transition, or trying to future proof decades of hard won experience, the questions feel very real right now. Where are the jobs actually going? Which skills still matter? And how do you avoid being left in the gap between policy ambition and real employment?In this episode, I'm joined by Michael Love, Director of Policy at OPITO, to talk honestly about what's happening beneath the headlines. We get into the realities of workforce movement, why so many skilled people are heading overseas, and what “transferable skills” actually mean in practice not as a slogan, but as a pathway.We also talk about graduates, apprenticeships, AI, and why the energy sector still needs people who can think, communicate, and manage complexity not just code or automate. This conversation matters because decisions made now by individuals, companies, and government will shape who stays, who leaves, and who gets left behind.

Cybersecurity Today: Google's Proxy Network Takedown, AI Agent Hijack, and More In today's episode of Cybersecurity Today, host David Shipley covers major cybersecurity stories, including Google's disruption of the massive residential proxy network IP Idea, the hijacking vulnerability of AI agent platform MT Book, and attackers abusing single sign-on platforms. We also delve into the coordinated cyber attack on Poland's energy sector by Russian state-linked actors and the misuse of eScan antivirus updates to deliver malware. Stay informed about the latest in cybersecurity with us! Cybersecurity Today would like to thank Meter for their support in bringing you this podcast. Meter delivers a complete networking stack, wired, wireless and cellular in one integrated solution that's built for performance and scale. You can find them at Meter.com/cst 00:00 Introduction and Sponsor Message 00:52 Massive Residential Proxy Network Disrupted by Google 02:41 AI Agent Platform Security Flaw Exposed 04:46 Single Sign-On Platforms Targeted by Attackers 06:28 Coordinated Cyber Attack on Poland's Energy Sector 08:15 Antivirus Software Compromised by Attackers 09:45 Conclusion and Call to Action 10:13 Sponsor Message and Closing Remarks

Prime Minister Carney's recent speech in Davos was hailed globally as a pivotal moment. But, as is always the case, the question becomes, what's next? In Canada, finding new trade partners is obviously top of the agenda. So is getting out of our own way on internal trade barriers. David Eby is the Premier of British Columbia. He talks to host Amanda Lang about this new reality, LNG and global trade.

If you work in the energy sector, your career will not be shaped by job boards alone. Progres opportunity and visibility often come down to relationships, who knows you, how well they know you, and whether they trust you enough to speak your name when you're not in the room. That's why this conversation matters.In this episode of Energy Sector Heroes, I'm joined by Andy Lopata, author of multiple books on professional relationships and mentoring, to unpack what building a strong network actually looks like in practice, especially for people who find networking uncomfortable, intimidating or performative.We talk openly about why asking for help feels hard, how to approach senior leaders without feeling out of place, and why many careers stall not because of lack of capability, but because people don't invest enough in relationship depth. We also explore practical ways to engage on platforms like LinkedIn without feeling transactional, and how to show up in conversations with confidence, whether that's one to one or in front of a room full of people.This is a practical conversation about career momentum, not self promotion.

Mike Nemer and Fridrik Larsen Founder of Charge Powering Energy Brands Conference discussed the upcoming charge conference in San Antonio, which has been rescheduled from April/May to February 26-27. Fridrik explained that CHARGE, which focuses on energy brands and their importance in the boardroom, is moving from Houston to San Antonio to create a more energetic atmosphere like their European events. Today on episode 314 of The Green Insider Podcast, we will cover how the conference will explore how energy companies can better understand and leverage their brands across the value chain, including internal and external stakeholders. The conversation includes: Branding Strategies and Value The conference uniquely focuses on utilities, with a branding strategy aimed at attracting top talent and improving client relationships. Fridrik Larsen highlighted that strong brand value acts as a multiplier for enterprise value, especially during acquisitions or sales, and helps companies differentiate beyond price competition. Understanding target market segments is crucial for effective customer communication. The conference uniquely focuses on utilities, with a branding strategy aimed at attracting top talent and improving client relationships. Brand Measurement Tools Fridrik Larsen introduced the brandr indexing tool for measuring and improving brand strength. The brandr index measures brand strength by assessing internal and external brand ambassadors, providing actionable insights for improving brand culture. The index has been successfully used by European companies such as EKR and Lufthansa for seven years. Business Impact and Marketing Decisions Quantifying and benchmarking brand strength helps companies make informed marketing decisions, allocate budgets effectively, and gain respect from executives. Running brand indexes can identify problems, improve marketing strategies, and potentially save significant marketing dollars. Conference Participation Attendees are encouraged to learn more at the upcoming CHARGE Conference in San Antonio. A registration discount is available for podcast listeners using the code: thegreeninsider15. For a discount use code thegreeninsider15 – to register go to Register Now. To be an Insider Please subscribe to The Green Insider powered by ERENEWABLE wherever you get your podcast from and remember to leave us a five-star rating. This podcast is sponsored by UTSI International. To learn more about our sponsor or ask about being a sponsor, contact ERENEWABLE and the Green Insider Podcast. The post Key Insights on the Upcoming CHARGE Conference: Leveraging Brand Strength in the Energy Sector appeared first on eRENEWABLE.

Brian Kessens, CFA of Tortoise Capital, an approximately $9 billion AUM investment firm focused on the energy and power infrastructure sectors, weighs in on global trends reshaping the investment mosaic including increasing electricity demand, the geopolitical backdrop and artificial intelligence. In addition, he provides insights on portfolio construction and the potential for industry surprises in 2026.

In this episode of the Jon Sanchez Show, Jason Gaunt fills in for John Sanchez, who is under the weather. Gaunt provides a comprehensive market update, discussing the recent performance of major indices, including the Dow, S&P, and NASDAQ, which all experienced declines. He delves into the implications of recent economic data, including the Producer Price Index and retail sales figures, highlighting concerns about inflation and interest rates. Gaunt emphasizes the market's reaction to earnings reports from major banks, noting that despite decent results, stocks fell due to broader market anxieties and the need for more positive news to sustain growth.The conversation shifts to the impact of geopolitical events, particularly regarding Iran and tariffs, and how these factors contribute to market volatility. Gaunt also discusses the energy sector's performance, suggesting a potential shift towards energy investments. He concludes with insights from BlackRock's market outlook, emphasizing the importance of diversifying portfolios and being cautious about future earnings expectations. Overall, the episode provides listeners with a detailed analysis of current market conditions and strategic investment considerations.Chapters00:00 Introduction and Market Overview00:56 Economic Data and Market Reactions04:32 Earnings Reports and Financial Sector Insights07:39 Geopolitical Events and Market Impact11:36 Energy Sector Performance and Investment Strategies18:36 BlackRock's Market Outlook and Future Expectationsmarket update, economic data, interest rates, inflation, earnings reports, energy sector, investment strategy, geopolitical events, BlackRock outlook

If you work in energy, heavy industry, construction, engineering, or policy, or you're trying to understand where credible long term work will come from in the UK, this episode matters. Carbon capture often gets talked about in abstract terms, but behind it are real projects, real jobs, and real decisions being made right now that will shape industrial careers for decades.In this episode, I'm joined by Olivia Powis, CEO of the Carbon Capture and Storage Association, to talk about what carbon capture actually looks like on the ground: how the industry is being built, where the projects are, what skills are needed, and why timing matters for people considering their next move.We discuss how carbon capture links decarbonisation with job protection, why the UK is well positioned to lead if it moves quickly enough, and what this means for graduates, mid career professionals, and those transitioning from oil and gas, construction, or heavy industry.Key takeaways⚙️ Carbon capture is no longer theoretical Multiple UK projects have reached final investment decision, with more than 100 in the pipeline. This is now an execution challenge, not a technology debate.

It's a new year, so we're unpacking what 2026 could bring for Canada's energy sector. Host Trevor looks back at 2025, from shifting federal policy to rapid AI adoption. Then he scans the horizon: faster major project approvals, an east–west grid push, and new hydro and small modular reactor investments in Ontario. He also touches on AI-powered DER programs, battery storage, and wider support for industrial decarbonization. Plus a quick note on the podcast's new pace.   Related links   ●       Independent Electricity Systems Operator (IESO): https://www.ieso.ca/    ●       Save on Energy program: https://www.saveonenergy.ca/   ●       Trevor Freeman on LinkedIn: https://www.linkedin.com/in/trevor-freeman-p-eng-8b612114   ●       Hydro Ottawa: https://hydroottawa.com/en     To subscribe using Apple Podcasts: https://podcasts.apple.com/us/podcast/thinkenergy/id1465129405    To subscribe using Spotify: https://open.spotify.com/show/7wFz7rdR8Gq3f2WOafjxpl    To subscribe on Libsyn: http://thinkenergy.libsyn.com/  --- Subscribe so you don't miss a video: https://www.youtube.com/user/hydroottawalimited Follow along on Instagram: https://www.instagram.com/hydroottawa  Stay in the know on Facebook: https://www.facebook.com/HydroOttawa  Keep up with the posts on X: https://twitter.com/thinkenergypod --- Transcript: Trevor Freeman  00:00 Welcome to a thinkenergy short hosted by me, Trevor Freeman. This is a bite sized episode designed to be a quick summary of a specific topic or idea related to the world of energy. This is meant to round out our collective understanding of the energy sector, and will complement our normal guest interview episodes. Thanks for joining and happy listening. Hi everyone, and welcome back and Happy New Year. Welcome to 2026 this is the first think energy podcast episode of this new year. Happy to be here with you. I'm your host, Trevor Freeman. So last year, we started off 2025 with a little bit of a look forward at some of the energy stories we might see throughout the year. And I think this goes without saying, 2025 was a pretty eventful year when it comes to energy and politics and all things associated with that certainly had lots of twists and turns, more than any of us expected. But I kind of think that's just the new normal in all things this during this time of history, but certainly when it comes to energy as well, I think we should just expect every year to be unexpected, lots of twists and turns. So I think the best way to start this one is to look back at some of the things we said we were keeping our eye on at the beginning of last year and see how they turned out, and see whether or not our predictions or guesses were correct and kind of what happened throughout the year. So just for a little bit of context, when we recorded this episode last year, Justin Trudeau, Canada's Prime Minister at the time, had just resigned the leadership of the party and as prime minister. So we knew that a new leader was coming for the Liberal Party, and likely a federal election was on the horizon. And at the time, the Conservative Party in Canada was much more popular with voters according to polls, and it looked very much like there would be a new government, a new federal government, but that is not what happened. And I'm sure Canadians will know that is not what happened. So after Justin Trudeau resigned, the liberals climbed in the polls. They chose Mark Carney to lead them, and not long after they won the election. Now in the episode last year, I had said that should the Liberals stay in power, which seemed like a long shot at the time, but should the Liberals stay in power? We knew what their energy policy was. They would keep the carbon the price on carbon. They would invest, continue to invest, in clean energy infrastructure and continue working towards their net zero goals. They had been working on that that was kind of a main pillar of the liberal party's approach to governing, and that felt like a safe bet. But even that did not come to pass. On his first day in office, Mark Carney canceled the price on carbon, and soon after that, he paused the previous government's EV target, or target to achieve certain sales on electric vehicles, and just recently, he has signed an MOU to work with Alberta on a new bitumen pipeline. So that is a little bit different than what we expected, should a Liberal government continue? So why is all this happening? Well, this, this isn't a politics podcast, so we're not going to get into all the specifics, but plainly stated, the government is saying they want to position Canada as a leader, both in clean energy, but also economically. And there are some economic pressures that the government is under, and this is what they are saying that is the best way to move forward in that so we'll get to some of the outlook on the new government, or not so new anymore government, but the current government shortly. But let's have a look at some of the other things that we said might happen for 2025 last year, we noted that utility companies would likely continue to use AI to streamline their processes and monitor infrastructure and just really take more advantage of AI. Personally, I can say that AI has moved forward in ways that we couldn't even predict last year, at least that, you know I couldn't predict last year. I'm sure there's folks out there who totally saw where this saw where this was going, but AI really is taking off in our personal lives, certainly in the workspace and definitely in the utility space as well. So we saw some of that come true, but we also see that AI is capable of way more than that in the energy sector, like all sectors of the economy and all areas of society are really looking at new ways to use AI and figure out what's the best way to integrate this into our business. How do we take this from pilot projects to, you know, actual core parts of our business? So that's continuing for sure. We also said that electricity companies or utility companies would continue to invest in. Grid modernization, and that certainly is happening. In August of 2025 the federal government announced a plan to spend over $13 million to update Ontario's power grid, with five major projects on the horizon, which is a huge investment, and investment of this size is really intended to make the system more reliable and help manage projected electricity demand. And you know the other thing, and I'm sure I've talked about this before on other episodes, so you'll be aware that hydro Ottawa is still in the in the process of getting approval for our next five-year plan, which has big investment in reliability and modernization and supporting continued electrification. And of course, we talked a little bit about the trade conflicts with the US, and you know how Canada is responding to that. And certainly, that was a major piece of 2025 it really formed a lot of the policy, or influenced a lot of the policy of both our federal government as well as provincial government when it comes to energy projects, it's increasing that look kind of east to west, rather than north to south. So making sure that we have good interprovincial energy cooperation and collaboration. And certainly, we've saw some progress on that throughout 2025 so on the sort of provincial side of politics, again, I'm in Ontario here, so we had suggested that we would likely see a provincial election in 2025 and certainly that's exactly what happened. The Ontario Conservative Party won another mandate, and part of their approach since they've come back into power, or one that new mandate is to look to expand clean energy, look to expand our nuclear fleet in particular. And we'll talk a little bit more about this in a little bit. So that's kind of a summary of the 2025 outlook that we did a year ago. Now let's get into what might we see moving forward in 2026 and again, you know, just the caveat here, this isn't a politics podcast. This is strictly about energy. So going to try not to weigh in on one side or the other of some of these issues, just highlighting what we might see moving forward. So, first off, major projects. So in 2025, this sort of newly elected Prime Minister of Canada, Mark Carney, founded the major projects office. This department looks to streamline the approval process for what they consider nation building projects. You know, trying to help take the approval process for those projects to be like a two-year decision rather than a five year decision under that kind of previous process that it went through. On the website for this the Liberal Party states that they open the major projects office in part to build clean energy infrastructure quickly, and of the 11 nation building projects that they've announced so far, they are categorizing eight of those 11 as clean economy projects. On top of these, Mark Kearney reiterated his commitment to building an East West electricity grid, which would link those our provinces together and help, like I said earlier, help that flow of electricity east to west, you know, between provinces improve, rather than, you know, right now, we have a lot of great north south connections between us and the United States. So the intent is that these projects will really position Canada as a leader in clean energy, help us achieve our own carbon reduction and net zero goals and ensure that we can manage growing demand for electricity. So we're in very early days of those projects yet, and what I'm highlighting here is that we expect to see a lot more information about those projects, about how they're going to proceed, timelines, etc, during the course of this year, and likely even see some new ones get added to that to that current list. So speaking of major projects, our next item that we're keeping an eye on is the Alberta to BC pipeline. This definitely has been a big news item in the latter part of 2025 and as we move into 2026 we expect to see a lot more about it and hear a lot more about it. So near the end of 2025 the federal government smart Carney signed an agreement with Alberta's Premier. Alberta's government, led by Danielle Smith, and this agreement acknowledges the plan to collaborate on and expedite the approval process for a new pipeline, which will transport oil from Alberta to the coast of BC. And the federal government is calling this a nation building project, and it would streamline the review process for this pipeline. So really make it a lot easier to get through the various hurdles in order to actually be built. And sort of initial timelines are saying Construction is expected to start in 2029 So still a few years out. But this pipeline was controversial before the agreement was signed. So this pipe. China has been on the books, or, you know, in the plans for a while, and it was controversial to start with, and this agreement has, you know, only made it more so it was really skyrocketed this project into the public's eye, and there's a lot of controversy around it. Once the announcement went public, Liberal MP, Stephen Gilbeau resigned from the Prime Minister's cabinet citing the government's decision to walk back their climate commitments. So this is definitely controversial, mainly because a new pipeline will increase fossil fuel production by, you know, at least a million barrels per day is sort of the current estimate, which is counter to Canada's stated target of reducing greenhouse gas emissions and achieving net zero emissions by 2050. In addition, BC's Premier, David Eby, also opposes the project, arguing that the federal government moved ahead without meaningfully considering BCS concerns British Columbia's concerns, particularly around environmental risk and the spill response on BC's sensitive coastline and on their marine ecosystem, which would be put at risk by adding another pipeline in the area that they're talking about. In addition to that, many indigenous people in BC and elsewhere stand against the pipeline, and the government is still looking for indigenous stakeholders as part of this project. Now, Mark Carney and Danielle Smith both say they want Canada to reach its net zero target by 2050 but even after the deal was signed, Alberta announced some changes to its industrial carbon pricing mechanism that, you know, in a sense, weakened that tool, which a lot of people are kind of pointing at to say, clearly, climate targets are not a key driver in consideration in this. And so this there's a weakening of the climate tools that we do have in place is not a great sign, and we'll leave it at that. So there's a few caveats to this deal. First, the pipeline is only supposed to move forward if there's real progress on carbon capture. In other words, the pipeline and large-scale climate capture are kind of being treated as a package. So in theory, you shouldn't get one without the other. But carbon capture is yet to be implemented at scale. It's not clear that it's actually a viable solution, something that can actually have a meaningful impact at that scale. So it remains to be seen whether or not that that can actually happen second. And this is a big one, the pipeline needs a private sector partner to actually build it, and nobody stepped up for that yet. So it's important to know that this agreement between the federal government and the Provincial Government of Alberta is just to help streamline the process. Should a private sector partner come along to actually build this, the federal government's not saying they're going to fund it and build it, which is sort of contrasts with how the previous Liberal government traded a pipeline many years back. But we won't get into that here. So all that to say, don't expect any actual movement or shovels in the ground on this one anytime soon. And certainly, as this progresses, there will be lots of legal challenges, and sort of you know, there are, there are people on both sides of this, but we will hear a lot more about this in 2026 it's going to be a big news story. Things are going to happen, and we'll hear both from proponents of the pipeline as well as opposition to the pipeline throughout this year, it will definitely be a big energy story here in Canada and even beyond that, Okay, next up investments in Ontario, so let's look a little bit closer to at least home. For me, on a greener note, Ontario will expand its clean energy sector in 2026 the government has announced several new partnerships with indigenous groups, including two large scale hydroelectric dams in northern Ontario. We talked a little bit about that in a previous episode, and they've also committed $4.7 billion to refurbish and update existing hydroelectric facilities to make sure that they can continue to provide clean electricity well into the future. So some of these new stations, there's the Nine Mile rapids project and the Grand Rapids project. They are coming online, you know, at a time when we really do need additional capacity on our grid. So ISO, as I've talked about many times, ISO is predicting that by 2050 we'll see a 75% increase overall in the province. But specifically in northern Ontario, demand for electricity will increase by over 80% and to meet that demand, there's, you know, this is an all tools in the toolbox. Kind of approach here, in addition to all the other great things that are happening, distributed energy resources, energy efficiency, etc, we also do need more infrastructure, more generation. The government also wants to expand Ontario's nuclear fleet. This is a government that's very keen on using nuclear. Energy and expansion of our existing nuclear assets as an important tool to provide emissions free electricity. One big step that they've taken towards this goal is investing $3 billion into four small modular reactors, which will produce, you know, 1200 approximately 1200 megawatts of energy, which is a lot that's enough to power over a million homes. Construction on these started in 2025 but the reactors aren't expected to come online until 2030 but the important point is that the government is very keen, as I said, on nuclear energy, looking to expand our emissions free electricity in order to meet our growing electricity demand, but to do so in a way that still tries to approach our climate targets and make sure that we're providing emissions free energy. Okay, next step is AI we talked about this last year, and it's well, it'll be a topic of conversation for many, many years to come. So AI and electrification, lots more in store. This year, it'll be a key investment area for energy companies. Moving forward, for sure, we'll see utilities continue to use it to build smart grids, for example, to analyze the flow of electricity on their grids in real time. And hydro Ottawa is no different. We're a part of that as well. So just in the last few weeks here, at the very end of 2025 in December, the federal government announced a $6 million investment into hydro Ottawa's der accelerator program. And part of that program looks to utilize AI to help us analyze electricity demand manage it. So this program really looks to partner with customers in specific areas, areas of constraint, to leverage their own devices. So customer owned devices like smart thermostats, battery storage systems in order to help us manage electricity demand. And we'll use AI as a function of that, or as a tool to help us do that to really forecast when we need to take action and what action we can take. But AI goes well beyond that. So electrification is going to grow. Overall, electricity demand is going to grow. We're going to see more utilities looking for solutions like large scale battery storage systems in order to tackle that demand. These systems, the storage will help relieve the grid from additional stress and better utilize the infrastructure that we do have in place. So lots more to come on, the sort of next gen of technology when it comes to AI and grid mod and how we're going to use those to help manage this growing electricity demand that we're seeing Next up, and our last kind of main topic is decarbonization. So that's not anything new. Obviously, if you're listening to this podcast, you'll know that we talk about this all the time, and it's one of the main drivers of what's happening in the energy industry right now. But decarbonization continues. It's not a constant flow of progress in the same direction. There's sort of ebbs and flows, if you will. We saw lots of change on the decarbonization front in the last year, but it continues to be something that organizations need to figure out. We know that we need to decarbonize as a society. Our different sectors of the economy all need to figure out how they're going to decarbonize, and the stakeholders of that really need to figure out what their role is. So the ieso, as one of those stakeholders, has also been focusing on their own decarbonization support, but mainly Their support has been focused on transportation and building heating. But we expect there to be, you know, a bit of a broadening of that look from the ISO in 2026 looking at other sectors like mining, paper, steel, you know, cement production, refining, chemicals, etc, the list goes on. So really look to see potentially more support for others, other areas of the economy, and how they will achieve decarbonization with, you know, could be industry specific programs or initiatives. We should probably see more of that in the coming year. But that's not to diminish from the existing programs that are already in place, and we'll see more leverage of, for example, of the ISOs existing save on energy incentive programming which helps existing commercial businesses, industrial businesses, residential customers, really target energy efficiency, energy reduction in the in the decarbonization in their own lives or workplaces. So there will be continued leverage of that. Utilities will continue to promote that. So expect to see that be a big piece of 2026 so that's the areas that we've that we've identified in 2026 it'll be interesting to look back a year from now to see you know what happened? Was it in line with what we said here? What came out of the blue that we totally didn't expect? Or what was a bigger deal than. Maybe we thought it would be but really look forward to this year. We've got lots of great conversations planned with some fantastic guests, and really looking forward to exploring some of these topics. Certainly, looking for you guys to connect with us and interact with us. Send us a note, find us on social media. Think energy at hydro ottawa.com is our email address always looking for guest recommendations, topic recommendations, questions, feedback. I'd certainly love to hear from you. You might know it's a little bit of a change in how we do things in 2026 we're certainly committed to continuing to bring you great content and great guests, but we might be shifting to maybe more of a monthly format, so really focusing on bringing those experts on, giving us the time and the space to plan those episodes, to coordinate with the guests and bring you great content. So we'll be looking at one episode a month moving forward, but always happy to hear from you. So if you have thoughts on that format or again topics, guests certainly reach out. Okay, so that wraps up our first episode of the year. Like I said, really looking forward to getting into all the great content this year with you guys. Thanks for tuning in. Happy New Year, and we'll chat with you again soon. Thanks for tuning in to another episode of The think energy podcast. Don't forget to subscribe wherever you listen to podcasts, and it would be great if you could leave us a review. It really helps to spread the word. To spread the word. As always, we would love to hear from you, whether it's feedback comments or an idea for a show or a guest. You can always reach us at thinkenergy@hydroottawa.com.

Welcome to the Hughes Hubbard Anti-Corruption & Internal Investigations Practice Group's podcast, All Things Investigation. In this podcast, host Tom Fox welcomes back Mike DeBernardis to discuss the implications of entering Venezuela for energy companies and the historical precedents. They explore the return of US energy companies to the Venezuelan market and historical precedents, such as the Iraq Oil-for-Food Program, post-2003 Iraq, and the 1990s Russian market opening, to identify the risks and the necessary compliance measures. Key insights include the importance of stringent third-party controls, understanding the nuances of dealing with state-owned entities such as PdVSA, and having a robust risk management strategy. The conversation underscores the critical need for compliance professionals to thoroughly understand business operations to build effective compliance programs in high-risk environments. Key highlights: Challenges and Opportunities in Venezuela Historical Parallels: Iraq Oil for Food Program Lessons from Post-2003 Iraq Comparing Venezuela to 1990s Russia Counseling Clients on High-Risk Opportunities Resources: Hughes Hubbard & Reed website Mike DeBernardis

How do you build credibility and progress into leadership roles in the energy sector? In this episode, I talk with Syarifah Aliza Syed Azauddin, Vice President of Corporate Governance & Sustainability Reporting, about how careers evolve, how to speak up with confidence, and why continuous learning matters at every stage.We discuss the realities of advancing as a woman in the industry, the importance of trust and delivery, and why energy transition strategies must be shaped by local context not a single global narrative.In this episode:• Building trust through consistent delivery and communication• Approaching interviews and leadership conversations with confidence• Why sustainability priorities look different across regions• Developing a broad skill set beyond your core disciplineIf you're growing your career in energy or aiming for leadership in sustainability and governance, this conversation offers a practical view of what it takes to move forward.

Today's Post - https://bahnsen.co/4q14ZAi Dividend Cafe 2026: Venezuela's Impact on Energy Markets & Market Rally Analysis In the first Dividend Cafe of 2026, the focus is on the major market rally observed on Monday and its underlying factors. The discussion is heavily centered around the recent geopolitical developments in Venezuela, including the U.S. military operation that led to the arrest of Venezuelan leader Nicholas Maduro. The script explores different potential scenarios for Venezuela's political future and the market implications, particularly for the energy sector. Additionally, there are insights on the age of companies going public, recent economic data, and the housing market trends. Upcoming content for the year ahead is also highlighted. 00:00 Introduction and Upcoming Yearly Review 01:18 Market Recap: A Strong Start to the Year 03:08 Energy Sector and Venezuela's Impact 07:38 Venezuela: Geopolitical Developments 14:52 Economic Updates and Housing Market Insights 17:19 Conclusion and Weekly Expectations Links mentioned in this episode: DividendCafe.com TheBahnsenGroup.com

The situation in Venezuela and its impact on the energy sector Learn more about your ad choices. Visit megaphone.fm/adchoices

Negative power prices, geopolitical tension, energy policy, batteries and strengthening the grid - what's in store for Europe's energy markets in 2026?  In our first episode of the new year, Richard sits down with Montel's Editors from France, Spain, Germany, Italy, the Nordics, and the UK to review the key events from 2025, and discuss the headlines predicted to affect Europe's energy sector in 2026. Host: Richard Sverrisson - Editor-in-Chief, Montel NewsGuests: Christopher Eales - France Editor, Montel NewsPablo Bronte - Iberian Editor, Montel NewsAndreas Lochner - Germany Editor, Montel NewsLaurence Walker - UK Editor, Montel NewsEnza Tedesco - Italy Editor, Montel NewsOlav Vilnes - Nordics Editor, Montel NewsEditor: Oscar BirkProducer: Sarah KnowlesSubscribe to the podcast on our website, via Apple Podcasts or Spotify

Are you wondering how shifts in the energy sector and commodity markets might impact your retirement income? In this episode of The Financial Hour of The Tom Dupree Show, Tom Dupree, Mike Johnson, James Dupree, and Clark Dupree reveal why oil company stocks are rising even as oil prices fall—and what this means for Kentucky retirement planning. For investors approaching or enjoying retirement, understanding how quality energy companies provide both income and stability becomes crucial. This conversation demonstrates why personalized investment management focused on individual stock ownership often outperforms mass-market approaches during commodity market volatility. The Energy Sector Paradox: Lower Oil Prices, Higher Stock Values One of 2025’s most surprising market developments has been the disconnect between oil prices and energy company performance. Oil prices dropped 19% this year, yet the energy sector gained approximately 3%. “This is the first time this century that that has happened,” explains Mike Johnson. “Typically the market prices those producers to track the underlying commodity.” This divergence reflects important factors that Kentucky retirement investors should understand: Policy Changes Create Investment Opportunities Recent regulatory shifts have created a more favorable environment for energy companies. Occidental Petroleum quantified benefits from recent legislation at $700-800 million for 2025-2026 alone. Combined with emission standard rollbacks, these changes have extended market expectations for fossil fuel demand. Integrated Oil Companies Provide Natural Hedging Major companies like Chevron and Exxon operate with advantages that pure drilling companies lack. They have multiple profit centers including exploration, production, and refining. “With oil prices in the upper fifties, that means for the refining business their input costs go down,” Johnson notes. “So that’s a more profitable line of business. It’s like a natural built-in hedge.” This structural advantage makes integrated oil companies attractive for investors seeking stable dividend income rather than commodity speculation. Lessons from 2014: Why Energy Companies Are Stronger Today The energy sector’s transformation since 2014 offers crucial insights. When oil peaked at $150 per barrel in 2014, companies embarked on aggressive drilling. By 2020, oil prices had essentially dropped to zero. “Through blood, sweat, and tears, they were forced to become more efficient,” Tom Dupree observes about the industry’s evolution. Today’s energy companies focus on high-quality drilling opportunities with strong returns rather than volume at any cost. This disciplined approach creates sustainable businesses capable of maintaining dividends during commodity downturns. Quality Companies Over Commodity Speculation “This is why we invest in companies that actually make a profit,” Dupree emphasizes. “What we’re trying to do is invest in things that make a profit and pay a dividend and do something that’s valuable.” Silver, Gold, and Bitcoin: Understanding Commodity Risk for Retirees Precious metals have experienced significant volatility. Silver mining company Coeur Mining traded at $8 in August, surged to $24, then pulled back to $19—all while silver and gold continued broader upward trends. Why Commodities Don’t Fit Retirement Income Strategies Mike Johnson explains why Dupree Financial Group approaches commodities cautiously in retirement portfolios: “Gold has no earnings. There’s no dividend associated with it. In a bear market on the commodity, the gold mining companies are gonna stop paying the dividend. In the context of retirement investing and producing an income, it’s just a speculative commodity.” While commodities can appreciate—gold and silver performed exceptionally well recently due to dollar concerns—their lack of earnings and dividends makes them problematic as core holdings for income-focused investors. The Free Cash Flow Advantage Chevron’s 6.8% free cash flow yield versus the S&P 500’s 3.4% illustrates why Dupree Financial Group focuses on individual company ownership. Free cash flow represents actual cash available to shareholders after expenses, providing more accurate valuation than simple price-to-earnings ratios. Companies with strong free cash flow sustain and grow dividends even during commodity weakness, providing the income stability retirees depend upon. What Kentucky Retirement Investors Really Need Clark Dupree, working with prospective clients, offers insight into what drives people to seek professional investment management: “They’re looking for a relationship. They’re looking for somebody to give them peace of mind.” This highlights the distinction between Dupree Financial Group’s personalized approach and commoditized experiences at large national firms. Transparency Over Complexity Many firms use complex jargon that creates client dependency rather than understanding. As Clark notes: “Sometimes advisors rely on codependent relationships that are not healthy. When you talk over somebody’s head, a client may feel disempowered without you.” The team emphasizes clear communication about portfolio holdings, investment rationale, and risk management. Every client owns investments in a separately managed account rather than pooled mutual funds. “We don’t own the stocks that we own and the bonds we own on our balance sheet,” Johnson clarifies. “We hold them on behalf of our clients. That’s the difference.” Specialized Retirement Income Expertise Unlike generalist advisors serving all investor types, Dupree Financial Group specializes in retirement investing and income generation for clients ages 50 and above. “Our specialty is retirement investing and producing that income stream for clients,” Johnson explains. “To concentrate on an income stream and mitigate risk. The byproduct of that is what the returns are.” Every investment decision centers on generating reliable income and managing downside risk. Total returns relative to the S&P 500 become secondary to these primary objectives. Key Takeaways for Kentucky Retirement Investors Energy companies can provide attractive income even when commodity prices decline, especially integrated oil companies with multiple profit centers The 2014-2020 oil collapse taught energy companies efficiency lessons that make today’s dividend-paying energy stocks more sustainable Commodities like gold, silver, and Bitcoin lack earnings and dividend characteristics necessary for reliable retirement income Free cash flow yield provides better insight into dividend sustainability than price-to-earnings ratios Separately managed accounts offer transparency that pooled investments cannot match Specialized retirement investment management serves pre-retirees and retirees better than generalist approaches Clear communication creates empowered investors rather than dependent relationships Notable Quotes from This Episode On energy transformation: “Through blood, sweat, and tears, they were forced to become more efficient. Everything from… the reason for that was in 2014, oil hit $150 a barrel, and by 2020, it had basically dropped to zero.” – Tom Dupree On commodity risks: “Gold has no earnings. There’s no dividend associated with it. In a bear market on the commodity, the gold mining companies are gonna stop paying the dividend.” – Mike Johnson On investment philosophy: “This is why we invest in companies that actually make a profit. We may not keep up with gold or silver that really moves up in a hurry, but over time we think we’ll outperform them.” – Tom Dupree On client relationships: “They’re looking for a relationship. They’re looking for somebody to give them peace of mind.” – Clark Dupree Frequently Asked Questions About Energy Investing and Retirement Portfolios Q: Why are energy stocks performing well even though oil prices have dropped? A: Energy company stocks reflect multiple factors beyond current commodity prices including regulatory changes, improved efficiency since 2014-2020, attractive dividend yields, and recognition that fossil fuels will remain necessary longer than expected. Integrated oil companies particularly benefit because lower oil prices reduce refining input costs. Q: Should retirees invest in gold and silver? A: While precious metals can appreciate significantly, they generate no earnings or dividends. During bear markets lasting a decade or more, they provide no income while potentially declining. For Kentucky retirement portfolios focused on reliable income, dividend-paying quality companies typically serve investors better. Q: What makes integrated oil companies better investments than pure drilling companies? A: Integrated companies like Chevron and Exxon own both drilling operations and refining facilities, creating natural hedges. When oil prices are low, refining divisions benefit from lower input costs. Pure drilling companies lack this balance and remain entirely exposed to commodity swings, making dividends less sustainable. Q: How does personalized investment management differ from large national firms? A: Large firms typically assign clients to counselors who recommend pre-packaged mutual fund portfolios. Personalized management provides direct access to portfolio managers who build custom portfolios of individual stocks and bonds in separately managed accounts, providing complete transparency about holdings and fees. Q: What is free cash flow yield and why does it matter? A: Free cash flow yield measures actual cash a company generates after expenses relative to stock price. Unlike earnings with non-cash items, free cash flow represents real cash available for dividends. Companies with high free cash flow yields (Chevron’s 6.8% versus the S&P 500’s 3.4%) have greater capacity to sustain dividends during challenges. Q: Why specialize in retirement investing rather than serving all investors? A: Retirement investing requires different strategies than accumulation. Retirees need reliable income, downside protection, and portfolios sustaining withdrawals for 30+ years. Specializing in clients ages 50 and above allows deep expertise in income-focused strategies and risk management techniques, serving this phase most effectively. Take Control of Your Kentucky Retirement Portfolio If you’re approaching retirement or already retired and want a local financial advisor providing direct access to portfolio managers rather than assigned counselors, Dupree Financial Group offers a different approach. Our three-generation, Kentucky-based team specializes in creating personalized, income-focused portfolios using individual stock and bond ownership rather than mass-market mutual funds. You deserve transparency about what you own, why you own it, and exactly what fees you’re paying. Schedule Your Complimentary Portfolio Review Discover how personalized investment management focused on dividend income and risk mitigation can provide greater peace of mind for your retirement years. Call Dupree Financial Group at (859) 233-0400 or visit dupreefinancial.com to schedule your complimentary portfolio analysis. Our team will review your current holdings, discuss your income needs and risk tolerance, and explain how our approach differs from large national firms. There’s no obligation—just straightforward guidance from Kentucky investment professionals who put your retirement security first. Explore More Resources: Schedule Your Personalized Portfolio Analysis Learn About Our Investment Philosophy Browse Our Market Commentary Archive The post Energy Sector Investing: Smart Strategies for Kentucky Retirement Portfolios appeared first on Dupree Financial.

In this episode, Lance Roberts sits down with Brent Johnson, CEO of Santiago Capital, to break down what's really happening with the U.S. dollar, the global monetary system, and why AI is accelerating a geopolitical and economic power shift. If you're looking for big-picture insights on the future of the dollar, geopolitics, AI-driven capital flows, and where long-term investing tailwinds are forming—this is a must-watch. 0:00 - INTRO 0:56 - Dollar Pessimism is Everywhere 3:32 - Why the Dollar Loses Purchasing Power: Inflation 5:08 - How Reserve Currencies Work - Why the Dollar is the Global Reserve Currency 6:30 - Why Oil is Priced in Dollars 9:07 - Reserve Currency Storage - Rule of Law & Liquidity Stability; effects of Euro Conversion on Reserves 11:10 - Ronald Regan clip, "Mr. Gorbachev, tear down this wall" 13:00 - Why the Dollar needs not be too strong or too weak (Chart - US Dollar Index) 16:00 - The Debt based monetary system 16:42 - The Carry Trade 19:59 - The Dollar Milkshake Theory - 21:00 - What a Falling Dollar would indicate 22:00 - The Impact of Where Money is Being Spent for AI Buildout - the multiplier effect; will this attract more foreign capital into the US? 25:11 - AI is transformational - Separation of East from West is happening; outcome is existential to the US 26:22 - The Office of Strategic Capital - 27:07 - The Race to Win AI - leadership in the global economy 28:53 - Two hang ups - Power generation/transmission grid 29:46 - Looking for the investing tailwinds 31:23 - The Fed's Return to QE 35:08 - Stablecoin vs Bitcoin - Digital Token, linked to a specific asset or commodity; Bitcoin which suffers from volatility 38:14 - The Genius Act - official blessing of Stablecoin; geopolitical implications 39:24 - The potential to become a new Eurodollar market - the importance of sovereignty for a nation 42:58 - Using Money as a weapon 44:46 - Stablecoin Implications for Investors - impact on Treasuries 47:14 - Currency Manipulation - China vs U.S. 50:30 - AI is overpriced - Looking ahead: short term cautious; buy the dip; Energy assets, including nuclear; critical minerals are national security implications 52:08 - Precious Metals outlook: If you own them, don't sell them; 53:40 - Opportunity in Energy Sector; Will VanLowe/Quantum - Energy Demand vs available supply imbalance 54:34 - The LNG supply gap solution 56:25 - How to Find Brent Johnson Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO, w Brent Johnson, CEO, Santiago Capital, Produced by Brent Clanton, Executive Producer ------- Watch Today's Full Video on our YouTube Channel: https://www.youtube.com/watch?v=QYUME1I-SDg&list=PLVT8LcWPeAug2oeXwuQUeSf8Hd6AFR5O9&index=4 ------- Our Previous show, "Bear Markets Are a Good Thing," is here: https://www.youtube.com/watch?v=bdlhQgMthW4&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1 ------- REGISTER for our 2026 Economic Summit, "The Future of Digital Assets, Artificial Intelligence, and Investing:" https://www.eventbrite.com/e/2026-ria-economic-summit-tickets-1765951641899?aff=oddtdtcreator ------- Articles Mentioned in Today's Show: "QE Is Coming: The 2008 Roots Of Fed Dominance" https://realinvestmentadvice.com/resources/blog/qe-is-coming-the-2008-roots-of-fed-dominance/ -------- Get more info & commentary: https://realinvestm entadvice.com/newsletter/ -------- SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow -------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to SimpleVisor: https://www.simplevisor.com/register-new -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #BrentJohnson #USDollar #AIInvesting #GlobalMacro #FinancialMarkets

Get rare, firsthand insights from one of the industry's most seasoned leaders.In this episode, recorded live from the Daniel Energy Partners BBQ, STEP Energy CEO Steve Glanville joins hosts David de Roode and Victoria Beard to reveal how innovation, culture, and more than 30 years of experience are shaping the future of energy. From game-changing technologies like COIL+™  to ambitious growth plans, Steve offers an inside look at what's ahead for STEP Energy.A sharp, value-packed conversation you won't want to miss!00:00 Introduction to Oil and Gas00:54 Podcast Sponsors and Partners02:03 Welcome to the Podcast03:11 Interview with Steve Glanville03:34 Steve's Journey in the Energy Business07:18 Challenges and Achievements15:36 Innovations in COIL+™21:33 Efficiencies in Modern Oil Sites22:44 Challenges and Innovations in Coil Tubing24:53 Growing Up on a Farm: Shaping Leadership27:26 Balancing Work and Personal Life29:21 Impact of Tariffs on Canadian Oil Industry35:31 Pride in the Oil and Gas Industry40:00 Closing Remarks and Future Outlook

In this episode of the Additive Snack Podcast, host Fabian Alefeld is joined by Kimberly Gibson from America Makes for the first part of a two-part series focusing on the advancements and policy drivers in additive manufacturing in the U.S. Kimberly dives into the history and mission of America Makes, provides insights on policy innovation, industrial resilience, and how these factors are converging to reshape U.S. and global manufacturing landscapes. Highlighting the critical roles of workforce development, digital manufacturing, and ecosystem integration, Kimberly also discusses the importance of diversifying the industrial base's focus beyond defense and shares updates on current legislative initiatives like the National Defense Authorization Act. Don't miss this in-depth discussion on the transformative potential of additive manufacturing.00:30 Meet Kimberly Gibson and Ed Herrick from America Makes01:26 Kimberly's Journey and the Evolution of America Makes03:35 The Role of America Makes in US Manufacturing06:28 Challenges and Opportunities in Additive Manufacturing11:49 The Importance of Digital Manufacturing and Cybersecurity19:22 Government's Role in Accelerating Additive Manufacturing25:07 Diversifying Beyond Defense Contracts28:54 Congress Signals Support for Advanced Manufacturing29:33 Senate Bill 2214 and the Additive Industry31:44 Challenges in the Additive Manufacturing Sector33:41 Right to Repair and Sustainment Issues35:53 Unprecedented Demand for Additive Manufacturing37:54 Additive Manufacturing in Various Sectors43:39 Energy Sector and Additive Manufacturing46:32 Additive Construction and Future Prospects49:14 Teaming and Collaboration Opportunities50:23 Final Thoughts and Future Outlook

The electro industry powers everything from national security to AI leadership, but a shortage of skilled workers threatens progress. The National Electrical Manufacturers' Association sees veterans as the solution and backs the Veterans Energy Transition Act to make it happen. We'll explore the stakes and the bill with Peter Ferrell, senior director of government relations at NEMA.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

An airhacks.fm conversation with Ales Justin (@alesj) about: Early computing experiences with spectrum 48ZX and game development in Yugoslavia, progression from Basic to Pascal to C/C++ and eventually Java, mathematics education and its application to programming, working on energy consumption analysis applications for Slovenian companies, transitioning from a big IT company to a startup focusing on energy sector software, implementing Spring deployer for JBoss and contributing to open source, joining JBoss/Red Hat after impressing Bill Burke and Mark Fleury with Spring-JBoss integration, working on JBoss microcontainer with Adrian Brock and emphasis on precise testing, development of CapeDwarf as a JBoss implementation of Google App Engine APIs, collaboration with Google on TCK (Technology Compatibility Kit) development, solving concurrency bugs for a billion-dollar kitten app company using Cape Dwarf clustering, transition to cloud technologies with kubernetes and openshift integration, brief departure to work on cryptocurrency exchange using Spring Boot and Kafka, experiencing and solving Kafka / Strimzi issues on Google Cloud Platform, returning to Red Hat to work on Strimzi and eventually quarkus, focus on runtime systems and reactive programming with grpc and observability, importance of open source contribution and community engagement, evolution from monolithic application servers to cloud-native microservices architecture Ales Justin on twitter: @alesj

Apple closing at a record high, as the tech giant continues its recent outperformance over the broader market. But could Apple get left behind as the AI race speeds higher, or can the company keep up with its mega cap peers? Plus, What the Chartmaster Carter Worth sees in the energy sector's technicals, the comments sending shares of Boeing soaring, and all the after-hours action in names like Crowdstrike, Marvell, and more.Fast Money Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Stephen Grootes speaks to Goolam Ballim, Chief Economist at Standard Bank, about South Africa’s economy growing by 0.5% in the third quarter, marking the fourth consecutive quarter of growth and what the latest GDP data reveals about sector performance and investment trends. The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape.    Thank you for listening to a podcast from The Money Show Listen live Primedia+ weekdays from 18:00 and 20:00 (SA Time) to The Money Show with Stephen Grootes broadcast on 702 https://buff.ly/gk3y0Kj and CapeTalk https://buff.ly/NnFM3Nk For more from the show, go to https://buff.ly/7QpH0jY or find all the catch-up podcasts here https://buff.ly/PlhvUVe Subscribe to The Money Show Daily Newsletter and the Weekly Business Wrap here https://buff.ly/v5mfetc The Money Show is brought to you by Absa     Follow us on social media   702 on Facebook: https://www.facebook.com/TalkRadio702 702 on TikTok: https://www.tiktok.com/@talkradio702 702 on Instagram: https://www.instagram.com/talkradio702/ 702 on X: https://x.com/CapeTalk 702 on YouTube: https://www.youtube.com/@radio702   CapeTalk on Facebook: https://www.facebook.com/CapeTalk CapeTalk on TikTok: https://www.tiktok.com/@capetalk CapeTalk on Instagram: https://www.instagram.com/ CapeTalk on X: https://x.com/Radio702 CapeTalk on YouTube: https://www.youtube.com/@CapeTalk567 See omnystudio.com/listener for privacy information.

Stephen Grootes speaks to Goolam Ballim, Chief Economist at Standard Bank, about South Africa’s economy growing by 0.5% in the third quarter, marking the fourth consecutive quarter of growth and what the latest GDP data reveals about sector performance and investment trends. The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape.    Thank you for listening to a podcast from The Money Show Listen live Primedia+ weekdays from 18:00 and 20:00 (SA Time) to The Money Show with Stephen Grootes broadcast on 702 https://buff.ly/gk3y0Kj and CapeTalk https://buff.ly/NnFM3Nk For more from the show, go to https://buff.ly/7QpH0jY or find all the catch-up podcasts here https://buff.ly/PlhvUVe Subscribe to The Money Show Daily Newsletter and the Weekly Business Wrap here https://buff.ly/v5mfetc The Money Show is brought to you by Absa     Follow us on social media   702 on Facebook: https://www.facebook.com/TalkRadio702 702 on TikTok: https://www.tiktok.com/@talkradio702 702 on Instagram: https://www.instagram.com/talkradio702/ 702 on X: https://x.com/CapeTalk 702 on YouTube: https://www.youtube.com/@radio702   CapeTalk on Facebook: https://www.facebook.com/CapeTalk CapeTalk on TikTok: https://www.tiktok.com/@capetalk CapeTalk on Instagram: https://www.instagram.com/ CapeTalk on X: https://x.com/Radio702 CapeTalk on YouTube: https://www.youtube.com/@CapeTalk567 See omnystudio.com/listener for privacy information.

Today's Post - https://bahnsen.co/3Xtosgp Market Updates, Bitcoin Correlations, and Policy Discussions: Post-Thanksgiving Report In this edition of Dividend Cafe, we recap the recent market activity and its fluctuations following Thanksgiving. Key points include the Dow's drop of 427 points, mixed performance across major indices, and a significant contrast between top-performing and worst-performing sectors. We also highlight Bitcoin's recent correlation breakdown with the Nasdaq, the potential economic impact of Japanese bond yields on cryptocurrencies, and the ongoing foreign appetite for U.S. financial markets. Additionally, the episode covers updates on the Russia-Ukraine war, Affordable Care Act subsidies, significant upcoming Supreme Court hearings, and notable figures in the Federal Reserve's future. For detailed charts and more information, visit DividendCafe.com. 00:00 Welcome and Market Recap 01:05 Market Indices Performance 02:41 Foreign Appetite for US Securities 03:51 Bitcoin and Cryptocurrency Insights 05:51 Geopolitical and Policy Updates 07:40 Economic Indicators and Housing Market 08:38 Federal Reserve and Interest Rates 09:46 Energy Sector and Predictions 10:12 Conclusion and Upcoming Topics Links mentioned in this episode: DividendCafe.com TheBahnsenGroup.com

Prime Minister Mark Carney and Alberta Premier Danielle Smith put pen to paper this past week, signing an Memorandum of Understanding (MOU) in hopes of strengthening Canada's economy and lessen our dependence on the U.S.Plans for an independently-funded pipeline through British Colombia are in the works, depending on approval from the Major Projects Office and hinged on Indigenous co-ownership.However, not everyone is on board with the terms of the MOU, especially Premier David Eby, as well as Liberal MP Steven Guilbeault who has resigned from the cabinet on Thursday.Host Mark Day speaks to Cormac Mac Sweeney, CityNews Parliament Hill reporter to break down what's needed for this pipeline to materialize in the years to come, and how this MOU could play out for Carney's Liberals. We love feedback at The Big Story, as well as suggestions for future episodes. You can find us:Through email at hello@thebigstorypodcast.ca Or @thebigstoryfpn on Twitter

The adoption of AI among energy and shipping companies is growing steadily. While it's helping to cut operational costs, boost productivity, and reduce emissions, a shortage of skills, data integration complexity, and trust are posing some challenges. In exploration, AI is helping to analyze complex sub-surface data and improve success rates. In midstream logistics, it is helping to optimize complex route planning and lastly; by deploying AI across refinery operations, oil companies are achieving higher yields in high-value fuels while cutting energy use. In this episode, Asia Energy Editor Sambit Mohanty discusses with Dave Ernsberger, president of S&P Global Energy, and Arun Biswas, strategic engagements leader at IBM Consulting for Asia-Pacific, some of the themes around AI's ability to influence how energy is produced, traded, and distributed in the years ahead. 

How do graduates turn sustainability studies into real opportunities in the energy sector? In this episode, I speak with Dhriti Badami about starting a career during the energy transition from securing early internships to building confidence when speaking with experienced professionals.We discuss decarbonisation, the continued role of traditional energy alongside renewables, and how young professionals can shape the shift to cleaner systems through research, collaboration and fresh perspectives.In this episode:Where sustainability and energy careers overlapHow students can build credibility before graduatingNetworking strategies that actually lead to opportunitiesThe role young professionals will play in the transitionIf you're studying or just starting out in the sector, this conversation will help you understand what steps to take next and why your perspective matters.

What next for Volodymyr Zelensky as Ukraine is shaken by one of the biggest wartime corruption scandals since Russia’s invasion three years ago.See omnystudio.com/listener for privacy information.

On the Mike Hosking Breakfast Full Show Podcast for Friday 7th of November, changes are coming to the film industry's rebates and there are two major announcements for the energy sector. The All Blacks are looking to go two for two in their match against Scotland this weekend, Damian McKenzie joining to preview the clash. And Kate Hawkesby and Tim Wilson bully Mike and discuss whether any New Zealand restaurants would earn a Michelin star as they Wrap the Week. Get the Mike Hosking Breakfast Full Show Podcast every weekday morning on iHeartRadio, or wherever you get your podcasts. LISTEN ABOVE See omnystudio.com/listener for privacy information.

Carbon Capture and Storage (CCS) is set to play a major role in reducing industrial emissions but where do the skills come from to build it? In this episode, I talk with Henry Morris about how traditional oil and gas expertise is being repurposed to help the UK and Europe cut millions of tonnes of CO₂ each year.Henry shares how his geoscience background led him from offshore exploration into developing new CO₂ storage projects using existing wells and depleted gas fields. We discuss why core engineering and subsurface skills remain essential, what smaller companies look for in graduates, and how to prepare for the market cycles that shape energy careers. In this episode: How CCS works and why it's neededTransferable skills from oil & gas to low-carbon rolesWhy clarity in communication matters as much as technical knowledgeNavigating career uncertainty and energy market cyclesPractical advice for graduates entering the sectorIf you're exploring opportunities in the energy transition or curious about where a geoscience or engineering degree can take you, this conversation will help you see the full landscape of what's possible.

Many of you are already using AI tools in your studies, careers, or job searches — but how do you make sure you're using them wisely?In this episode of Energy Sector Heroes, I speak with Vered Shwartz, Assistant Professor of Computer Science at the University of British Columbia and a specialist in natural language processing. We explore how AI is reshaping recruitment, interviews, and professional development — and what skills humans still need to bring to the table.Here are three actionable takeaways you can apply straight away:

Fresh sanctions are hitting Russia's energy sector, from both the European Union and the United States. The goal is to squeeze the money earned from energy imports. How will it impact Russian economy? Also, will India and China reduce their crude oil consumption? And China's economic plan - after four days of discussions at home, what priorities are being set for the rest of the decade? You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033. Presenter: Leanna Byrne Producer: Victoriya Holland Editor: Stephen Ryan

This episode explores leadership and the unique challenges veterans face in the energy sector.  The Veterans in Energy initiative aims to assist veterans in finding fulfilling careers. The conversation also touches on work-life balance, community support, and the significance of engaging in hobbies and volunteer work.https://greencastleconsulting.com➡️ Instagram - https://www.instagram.com/greencastleconsulting ➡️ Facebook - https://www.facebook.com/1997GACPhiladelphia, Malvern, Pennsylvania, Delaware, New Jersey, New York, Atlantic City, Wilmington, Washington D.C.

Today's Post - https://bahnsen.co/4mqPbFc Dividend Cafe: Market Updates, Fed Insights, and Public Policy Developments In this Monday edition of the Dividend Cafe, David Bahnsen covers a range of topics including market performance, recent movements by the Federal Reserve, and significant public policy announcements. The DOW and other major indices experienced declines after a notable rally on Friday following Chairman Powell's speech at Jackson Hole. Public policy highlights include the U.S. government's equity interest in Intel and plans for future investments, as well as new tariffs on imported furniture. The housing market shows signs of trouble with declining permits and new home sales. The episode discusses the potential implications of Fed Governor Lisa Cook's investigation and offers insights into crude oil prices and midstream energy sectors. Finally, it reiterates the resilience of dividend growth investing amidst economic and policy uncertainties and previews Nvidia's forthcoming earnings report. 00:00 Introduction to the Monday Edition 00:20 Market Recap: A Look at Recent Trends 03:02 Public Policy Updates and Government Actions 06:00 Housing Market Insights 08:17 Federal Reserve and Economic Policies 11:08 Energy Sector and Investment Strategies 13:30 Conclusion and Upcoming Highlights Links mentioned in this episode: DividendCafe.com TheBahnsenGroup.com

A relative valuation model is a financial tool that helps investors assess a company's worth by providing a clearer picture of whether a stock may be fairly priced within its industry. Today's Stocks & Topics: J - Jacobs Solutions Inc., Market Wrap, Interest Rates, How Investors Compare Companies to Find True Value, AZO - AutoZone Inc., Energy Sector, PSC - Principal U.S. Small-Cap ETF, RNMBY - Rheinmetall AG ADR, Private Equity.Our Sponsors:* Check out Avocado Green Mattress: https://avocadogreenmattress.com* Check out Mint Mobile: https://mintmobile.com/INVESTTALK* Check out Progressive: https://www.progressive.comAdvertising Inquiries: https://redcircle.com/brands

My guest today is Zach Dell. Zach is the co-founder and CEO of Base Power Company. Base is a modern power company building a reliable and affordable home energy service powered by distributed batteries. We explore one of the most underappreciated machines in our world: the electrical grid. Zach walks us through the complex world of electricity infrastructure and explains why the 100-year-old grid is woefully unprepared for the explosion in demand coming from AI, electric vehicles, and industrial electrification. Base's approach involves creating a distributed network of home batteries that provide backup power to customers while serving as grid resources, elegantly solving infrastructure bottlenecks that plague traditional utility-scale projects. We discuss energy as the fundamental enabler of human progress, scaling distributed energy assets, and the vertical integration strategy driving Base's unit economics. Please enjoy my conversation with Zach Dell.  For the full show notes, transcript, and links to mentioned content, check out the episode page⁠⁠⁠⁠ ⁠⁠⁠⁠⁠here⁠.⁠⁠⁠⁠⁠⁠⁠⁠ ----- This episode is brought to you by⁠⁠⁠⁠⁠⁠⁠⁠⁠ Ramp⁠⁠⁠⁠⁠⁠⁠⁠⁠. Ramp's mission is to help companies manage their spend in a way that reduces expenses and frees up time for teams to work on more valuable projects. Go to⁠⁠⁠⁠⁠⁠⁠⁠⁠ Ramp.com/invest⁠⁠⁠⁠⁠⁠⁠⁠⁠ to sign up for free and get a $250 welcome bonus. – This episode is brought to you by⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Ridgeline⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Ridgeline has built a complete, real-time, modern operating system for investment managers. It handles trading, portfolio management, compliance, customer reporting, and much more through an all-in-one real-time cloud platform. Head to⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ridgelineapps.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ to learn more about the platform. – This episode is brought to you by⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠Arcana⁠⁠⁠. Arcana is the world's most advanced portfolio intelligence platform, trusted by institutional investors managing trillions in AUM — including market neutral, long-short, long-only, and capital allocators. Arcana enables portfolio managers, risk teams, analysts, and CIOs to drill into exposures and idio, construct optimal portfolios, and decompose performance at incredible granularity. Visit⁠⁠ ⁠arcana.io⁠⁠⁠ to request a demo and learn more. ----- Editing and post-production work for this episode was provided by The Podcast Consultant (⁠⁠⁠⁠⁠⁠⁠⁠⁠https://thepodcastconsultant.com⁠⁠⁠⁠⁠⁠⁠⁠⁠). Show Notes: (00:00:00) Introduction and Show Overview (00:05:06) Understanding the Electrical Grid (00:09:10) The History and Evolution of the Grid (00:09:51) Regulation and Deregulation in the Energy Sector (00:18:25) The Importance of Energy in Human Progress (00:28:41) Base's Innovative Energy Solutions (00:38:25) Economic and Operational Insights of Base (00:44:31) Understanding Electricity Market Variability (00:45:01) The Boom and Bust of Battery Economics (00:48:43) Battery Technology and Chemistry (00:50:56) Global Battery Manufacturing Landscape (00:54:06) Capital Markets and Financing Strategies (00:59:56) Vision for the Future of Energy Technology (01:02:30) Personal Journey and Entrepreneurial Insights (01:09:48) Lessons from Influential Leaders (01:16:52) The Kindest Thing Anyone Has Done For Zach