POPULARITY
Laurent had the pleasure and privilege of sitting down with Markus Rauroma, CEO of Fortum, during the Eurelectric “Power Play” conference in Brussels this June. Fortum, the Finnish energy company also active in Sweden and Poland, finds itself right on the front line when it comes to tensions with Russia—not exactly your average utility boardroom drama. The conversation kicks off with Markus's recent election as President of Eurelectric, taking over from none other than Leo “the Great” Birnbaum, CEO of E.ON.We talk about the challenges Markus has faced so far, including how Fortum managed to steer through the stormy waters of the Ukraine war, and what's ahead for the industry. Spoiler: it's not all doom and gloom—there's strategy, resilience, and some surprisingly good teamwork. Markus rolls out Eurelectric's Manifesto centred on customers, security of supply and digitisation (AI). Markus introduces his vice-presidential duo: Georgios Stassis (CEO of PPC) and Catherine MacGregor (CEO of Engie). According to him, it's a well-balanced trio—think energy world's version of the Avengers, but with spreadsheets and grid stability. He also gives kudos to Kristian Ruby, Secretary General of Eurelectric, and the Brussels team for their stellar behind-the-scenes work.The chat then shifts to the Baltics, one of the rare places in Europe where electricity demand is actually growing. Fortum's been ahead of the game there too: Markus reveals they now have over 1.3 GW of capacity lined up and ready to power new datacenters—because TikTok videos don't host themselves. Of course, we couldn't ignore the constant cyber-attacks and sabotage attempts coming from Russia. Markus shares how Fortum has learned to deal with them—let's just say they don't flinch easily anymore. And finally, a public mea culpa: Laurent repeatedly referred to Finland as part of Scandinavia. A common slip-up. For the record: Finland is next to Scandinavia, but it's not in it. The Finns are Nordic, not Scandinavian—but much like their neighbours to the west, they handled the mix-up with trademark cool. No sauna ban issued. We thank Kristian Ruby and all the Eurelectric team for organising this recording and putting together such a great summit.
In a world where 17% of all electricity is generated from wind and solar and where 93% of all new capacity added to the grid is from renewables, it can be easy to forget that countries got their first wind and solar resources within just the last few years. And in fact, some countries are still waiting for their first. Today on Cleaning Up, we're joined by Daniel Calderon, Founder and Managing Partner of Alcazar Energy Partners. Daniel has made it a specialty of going into countries overlooked by others, building their first wind and solar farms, and as he explains, doing it profitably. Leadership Circle: Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, Alcazar Energy, Davidson Kempner, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live. Discover more:Alcazar Energy Partners: https://alcazarenergy.com/Episode 196 with Lucy Heintz: https://youtu.be/nhGDI_0QIHgEpisode 181 with Ethan Zindler: https://www.youtube.com/watch?v=Sf5_r3V3Vs8Episode 204, the Sierra Leone special: https://www.youtube.com/watch?v=z-5QjSfy2SM
In 1849, when the Gold Rush hit California, the people who were certain to make money were not the miners, but the sellers of picks and shovels. Indeed, America's first millionaire, Samuel Brannan, made his fortune by adding huge margins to everyday items that suddenly become high in demand. Today's sellers of picks and shovels are those providing the hardware and infrastructure to the software and platform providers, and one company stands apart as the beneficiary of the recent boom times in artificial intelligence: Nvidia. They're currently among the top three listed companies in the US, alongside Apple and Microsoft, and are incredibly profitable, with estimated margins in excess of 40%. They've been around for 30 years, and are much more than simply chip fabricators. This week on Cleaning Up, Bryony Worthington sits down with Josh Parker, Nvidia's head of sustainability, to explore some of the challenges and opportunities he sees in the AI and Climate space.Leadership Circle: Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, Alcazar Energy, Davidson Kempner, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live. Discover more:Episode 204, the Sierra Leone special: https://www.youtube.com/watch?v=z-5QjSfy2SM Nvidia's Sustainability Report:Earth2: https://www.nvidia.com/en-gb/high-performance-computing/earth-2/cBottle: https://catalog.ngc.nvidia.com/orgs/nvidia/teams/earth-2/models/cbottleMichael's piece on AI efficiency: https://mliebreich.substack.com/p/ai-data-centre-power-and-glory-an
Oil and gas companies lie at the heart of the energy transition. To some, they are heroes, continuing to power human progress despite all the odds. To some, they are villains, responsible for the climate change that is devastating our planet. This week on Cleaning Up, Michael Liebreich interviews Ben van Beurden, former CEO of Shell from 2014 to 2023. The conversation explores the complexities of the energy transition, climate change, and the role of oil and gas companies in addressing global emissions.Van Beurden argues that there's no silver bullet solution to climate change, emphasizing the need for multiple approaches and a holistic view of energy transformation. He believes oil and gas companies will play a crucial role in developing clean energy solutions and driving systemic change, but ultimately we must move away from polluting fossil fuels in pursuit of the prize of Clean Energy.Leadership Circle: Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, Alcazar Energy, Davidson Kempner, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live. Discover more:Episode 204, the Sierra Leone special: https://www.youtube.com/watch?v=z-5QjSfy2SM Ep111: Daniel Yergin "The World's Most Influential Energy Analyst – https://youtu.be/8QIh4U3VgjcEp86: From Climate Law Maker to Superglued Law Breaker – https://www.youtube.com/watch?v=iDo7hkcsRFA
What happens if the Amazon rainforest stops absorbing carbon and starts releasing it? Do we need geoengineering to help us cool an overheating planet? And how can developing countries balance environmental preservation with economic development?This week on Cleaning Up, Baroness Bryony Worthington sits down with Thelma Krug, a renowned Brazilian scientist and mathematician, and former vice chair of the IPCC, to explore these critical questions.Krug offers an insider's perspective, drawing from her decades of experience monitoring the Amazon rainforest and participating in international climate negotiations.The conversation ranges from the alarming transformation of the Amazon from a carbon sink to a potential carbon source, to the controversial realm of solar radiation management. As it prepares to host COP30 in Belem in November, Krug provides nuanced insights into Brazil's challenges, the complexities of global climate policy, and the potential for innovative solutions like biofuels and international collaboration.Leadership Circle:Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, Alcazar Energy, Davidson Kempner, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live.Discover more:• Sierra Leone special: https://www.youtube.com/watch?v=z-5QjSfy2SM• COP30 website: https://cop30.br/en• Degrees Global Forum: https://degreesglobalforum.org• Episode 168 with Anand Gopal: https://youtu.be/33QiMC4nG1k
What will it take to finally wean Europe off Russian gas? Can renewables help with grid stability? And is the EU making a mistake subsidising hydrogen? This week on Cleaning Up, Michael Liebreich sits down with EU Energy and Housing Commissioner Dan Jørgensen to dissect the continent's energy transformation. In this wide ranging interview recorded at the Berlaymont building in Brussels — the home of the European Commission — Liebreich and Jørgensen delve into critical topics including reducing dependency on Russian energy, the economics of renewable technologies, the role of nuclear power, and the contentious economics of green hydrogen. Jørgensen defends the EU's ambitious climate goals while addressing concerns about cost, competitiveness, and political pushback against the green transition. Leadership Circle:Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, Alcazar Energy, Davidson Kempner, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live. Discover more:Sierra Leone special: https://www.youtube.com/watch?v=z-5QjSfy2SMDecarbonizing the last few percent: https://mliebreich.substack.com/p/decarbonizing-the-last-few-percentLessons from Spain: https://mliebreich.substack.com/p/lessons-from-spainEU Hydrogen Strategy: https://energy.ec.europa.eu/topics/eus-energy-system/hydrogen_en
The world's electricity system is transforming: We're integrating more and more variable renewables. Fossil plants are running fewer hours. Demand is growing everywhere, including in the developed world, as we electrify transport and heating, and AI data centers elbow their way onto the grid. Some people find this very threatening but not Antonio Cammisecra, CEO of ContourGlobal. CounterGlobal is a leading independent power producer who is well on their way to transition away from coal to electricity production based on renewables and gas. Antonio joins Michael on Cleaning Up to discuss how to build resilience and security in renewable-dominated grids, how ContourGlobal's battery storage systems are delivering solar at night, and why grids around the world are struggling to cope as electricity demand rises. Leadership Circle:Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, Alcazar Energy, Davidson Kempner, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live. Discover More: ContourGlobal's website: https://www.contourglobal.comEpisode 74 with Francesco Starace: https://www.youtube.com/watch?v=a_LnZz09Cwk Episode 201 with Nikso Tsafos: https://www.youtube.com/watch?v=dUvKzs82Mi0Episode 208 with Anders Lindberg: https://www.youtube.com/watch?v=UtsCCJ4o1WA The Year Energy Woke Up to AI: https://www.youtube.com/watch?v=OwZ2iNh133A Decarbonizing the last few percent: https://mliebreich.substack.com/p/decarbonizing-the-last-few-percent Lessons from Spain: https://mliebreich.substack.com/p/lessons-from-spain
Enerji Günlüğü Haber Bülteni:Türkiye'nin ve Dünyanın Enerji Gündemienerjigunlugu.net
Billionaire iron magnate Andrew Forrest believes he's on the cusp of a breakthrough to decarbonise shipping and heavy industry using hydrogen. As the Executive Chairman of the Fortescue, one of the world's largest iron ore companies, Andrew Forrest is not an easy to pigeonhole industrial billionaire. He built Fortescue into a hugely successful company, partly thanks to his belief in taking unconventional paths. After a serious accident meant he had to take a break from work, he enrolled in a PhD in marine science. For over a decade now, has been very vocally committed to getting his company's practices aligned with a climate-safe pathway. More recently, he's also been shaking fellow CEOs and leaders out of climate complacency by highlighting the risks of lethal humidity. This week on Cleaning Up, Bryony Worthington asks Andrew about the current climate crusade he's on, what he makes of the recent policy decisions taken by the International Maritime Organization (IMO) to agree carbon penalties for highly emitting ships, and if hydrogen can compete with renewables to be the power source of the future. Leadership Circle:Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, Alcazar Energy, Davidson Kempner, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live. Discover More:Fortescue's website: https://www.fortescue.com/enThe Sierra Leone Special: https://youtu.be/z-5QjSfy2SMHydrogen Insider: 'The market didn't turn up' | Fortescue's green hydrogen boss exits the company: https://www.hydrogeninsight.com/production/the-market-didn-t-turn-up-fortescues-green-hydrogen-boss-exits-the-companyClean Hydrogen's Missing Trillions - Audioblog 13: https://www.youtube.com/watch?v=jNxCrQyCTpk
Have the bond markets become a new form of global governance? Are we witnessing the end of US economic exceptionalism? And how does game theory relate to cooperation on net-zero?This week on Cleaning Up, Bryony Worthington sits down with renowned economist Mohamed El-Erian to unpack the complex intersections of global finance, politics, and climate change. El-Erian offers insights into the current economic landscape, exploring how central banks, trade tensions, and technological innovations are reshaping our understanding of international economics. From the rise of China's green technology sector and the scrapping of Canada's carbon tax to bond vigilantism and the potential long-term consequences of US trade policy, this episode provides a nuanced look at the challenges and opportunities facing the global economy in an era of unprecedented uncertainty.Find more: The Sierra Leone Special: https://youtu.be/z-5QjSfy2SMMohamed's website: https://www.mohamedel-erian.com/How China Became a Green Finance Superpower: https://youtu.be/Fu6giWzTxAYLeadership Circle: Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, Alcazar Energy, Davidson Kempner, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live.
Can You Run A Grid Without Fossil Fuels? "Yes," says Anders Lindberg, President of Energy and Executive VP at Wärtsilä, on this week's episode of Cleaning Up. It'll just cost €65 trillion extra by 2050. Anders' team at Wärtsilä has recently published its Crossroads to Net Zero report, which argues that keeping a little bit of flexible generation on the grid will save huge amounts of money as the globe strives for net zero, while also speeding up the transition to renewables. The argument centres on what to do with the last few percent of power supply, and what forms of generation need to be built to ensure consistent electricity supply and prevent black or brown outs.Perhaps unsurprisingly for a gas engine manufacturer, Wärtsilä's report makes the case that gas should provide the last few percentage points of electricity generation. Michael Liebreich puts that claim to the test. Discover more:Wärtsilä's Crossroads to Net Zero report: https://www.wartsila.com/energy/towards-100-renewable-energy/choosing-the-optimal-pathway-for-energy-transitionCan Germany's Gas Giant Go Green? Ep206: Michael Lewis - https://www.youtube.com/watch?v=DOD-f6uSPgcQ&A: What we do – and do not – know about the blackout in Spain and Portugal — https://www.carbonbrief.org/qa-what-we-do-and-do-not-know-about-the-blackout-in-spain-and-portugal/ENTSO-E expert panel initiates the investigation into the causes of Iberian blackout: https://www.entsoe.eu/news/2025/05/09/entso-e-expert-panel-initiates-the-investigation-into-the-causes-of-iberian-blackoutLeadership Circle: Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, Alcazar Energy, Davidson Kempner, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live.
Since parts of Spain, Portugal, and France temporarily lost power on Monday 28th April, TSOs and policy makers across Europe have been quick to try and assess how much their own networks are at risk of a similar blackout.Whilst we await conclusions from Entso-e's investigations as to the cause of the outage, in this week's episode Richard speaks to the Secretary General of Eurelectric and Rystad Energy about what this incident tells us about the reliability of Europe's grid and our increasing dependency on electricity. What does the outage tell us about the need for flexibility and storage in an increasingly green power system?Presenter: Richard Sverrisson - Editor-in-Chief, Montel NewsContributor: Pablo Bronte - Editor, Montel IberiaGuests: Kristian Ruby - Secretary General, EurelectricPratheeksha Ramdas - Senior New Energies Analyst, Rystad EnergyEditor: Bled MaliqiProducer: Sarah Knowles
Geothermal seems to have found new favour under Donald Trump's presidency, but can it ever live up to its potential? Will the oil and gas industry reinvent itself before becoming obsolete? And how might geothermal energy change the global energy landscape?This week on Cleaning Up, Bryony Worthington talks to Jamie Beard, founder of Project InnerSpace, about why geothermal energy has never lived up to its hype, and whether it has the potential do so. Currently generating less than 1% of global energy, Beard believes that geothermal could become a game-changing technology that can leverage existing drilling expertise from the oil and gas sector to provide 24/7 energy.Beard breaks down the technical and economic challenges facing geothermal energy, exploring its potential to provide stable, clean power and heat across different global regions. From the United States to India, she outlines how next-generation geothermal technologies could offer a more consistent renewable energy solution.This conversation was recorded live at Geothermal House, as part of San Francisco Climate week.Leadership Circle:Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, Alcazar Energy, Davidson Kempner, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live.Discover More:• The Sierra Leone Special: https://youtu.be/z-5QjSfy2SM• Project InnerSpace: https://projectinnerspace.org/• Brony's episode with Cindy Taff of Sage Geothermal: https://www.youtube.com/watch?v=n3I2fn9_atE• The Department of Energy's Next-Generation Geothermal Power Commercial Liftoff: https://liftoff.energy.gov/next-generation-geothermal-power/
When Russia unleashed its illegal and unprovoked invasion of Ukraine in February 2022, gas prices in Europe spiked by a factor of 10, driving a wave of bankruptcies and restructurings of European energy companies. Uniper was one of those. Uniper is one of Germany's largest energy companies. It is active across more than 40 countries and has 19.5 GW of power generation capacity to its name. It was one of the funders of the built-but-never-used Nord Stream 2 gas pipeline that connects Russia to Germany and, for most of its history, was heavily reliant on Russian gas. So when the gas taps from Russia were turned off, Uniper reported losses of $40 billion — the highest losses in German corporate history — and was subsequently nationalised by the German government. The company has since returned to profitability under its new CEO, Michael Lewis, our guest this week on Cleaning Up. Michael Lewis joins Michael Liebreich to discuss the company's rise from the ashes, and how it plans to reach its climate targets and overcome the dunkelflaute.Leadership Circle: Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, Alcazar Energy, Davidson Kempner, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live. More from Cleaning Up:Ep164 — Leonhard Birnbaum, CEO of EON: https://www.youtube.com/watch?v=pa-DHuPNEDgEpisode 175 — Greg Jackson, CEO of Octopus Energy: https://www.youtube.com/watch?v=Gl-cRh35Hm4Episode 190 — Lord Adair Turner: https://www.youtube.com/watch?v=xxTngGxpeW0
Spain aims to restore power nationwide "soon" after a blackout disrupted daily life for millions but has no "conclusive information" about its causes, Prime Minister Pedro Sanchez said. In Portugal, electricity provider REN said it had restored power to some 750,000 consumers. Newshour hears from Kristian Ruby of Eurelectric, a trade body for power suppliers.Also in the programme: trial begins in Paris of Kardashian robbers; and on the front lines with rebels in Myanmar.(Picture: A view shows an electricity pylon during a power outage which hit large parts of Spain, in Barcelona, Spain, April 28, 2025. Credit: REUTERS)
In 100 short days, the world has transformed. Since the reelection of President Donald Trump, US federal climate policy has largely been abandoned, with the government seeking to reopen coal-fired power plants and lower environmental standards. An escalating trade war and global tariffs has sent the rest of the world reeling and threatened the global financial system with collapse. China has come under particular fire, but the US has also targeted its closest allies and neighbours — Canada, Mexico and the EU — with tariffs. Any sense of certainty has been thrown out of the window as a more inward looking US seeks to reshape the global order. So what does all this mean for the energy transition, and plans to reach net-zero? Michael Liebreich and Baroness Bryony Worthington join forces for the opening episode of Season 15 of Cleaning Up to discuss. Leadership Circle: Cleaning Up is supported by the Leadership Circle: Actis, Alcazar Energy, Davidson Kempner, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live. Discover more: Cleaning Up's Sierra Leone Documentary: https://www.youtube.com/watch?v=yMxJzLNc214 Cleaning Up's interview with Mark Carney: https://www.youtube.com/watch?v=HtA5ufMzKAU Ember's Global Electricity Review: https://ember-energy.org/latest-insights/global-electricity-review-2025/ Michael's AI Update on Deepseek: https://mliebreich.substack.com/p/ai-data-centre-power-and-glory-an Michael's retreat inside an old millhouse: https://lemoulindabondance.com/
In Sierra Leone, a 20-minute power cut can be the difference between life and death for newborn babies. In 2013, an extraordinary doctor called Dr Niall Conroy set up a neonatal intensive care unit at the Bo Government Hospital, in Sierra Leone's second largest city, and set about training the staff to give the best possible care to the desperately vulnerable babies who were admitted. But there was one problem he couldn't solve: electricity. Babies need warmth, and that means electrically powered incubators, and they need oxygen, which means oxygen separators, and the nurses need light in order to work. However in Sierra Leone, there are power cuts almost daily. They can be a few minutes, they can be hours, or they can last days. In 2017, Michael Liebreich heard about this problem and put together a group of friends and supporters to create Project Bo. Since then, the neonatal intensive care unit has had a solar system and batteries installed, and hundreds of babies' lives have been saved due to a reliable electricity supply. Eight years on, Michael visits Project Bo for the first time to see how the system is performing, meet the medical professionals working there, and find out if there's anything else that we can do to improve it.Watch on YouTube:Find the full documentary on YouTube here: https://www.youtube.com/watch?v=yMxJzLNc214Help Support Project Bo:More About Project Bo: https://www.projectbo.org/Our Campaign to Raise $100,000: https://www.gofundme.com/f/projectboOther Organisations Electrifying Healthcare:Eki Foundation https://fundacioneki.org/en/Don Bosco Solar School In Bo: https://donboscosolar.org/Powering Healthcare Hub (Sustainable Energy for All): https://www.seforall.org/programmes/powering-healthcare-hubWe Care Solar: https://wecaresolar.org/Resilient Power | Power for Health: https://www.directrelief.org/issue/resilient-powerKids Operating Room: https://www.kidsor.org/Leadership Circle:Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, Alcazar Energy, Davidson Kempner, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live. Credits:Presented by Michael LiebreichWritten by Oscar Boyd & Michael LiebreichFilmed, Produced & Edited by Oscar BoydGraphics by Jamie OliverLogistics: Jo Jagger & Alexandra McInerneySpecial thanks to Dr Niall Conroy, Nurse Juliana Conteh, Nurse Columbia Samuella Bull, Mohammed Kargbo, as well as to the team at Bo Government Hospital, and the mothers who spoke with us for this documentary.
Google has one of the most ambitious climate targets in the tech world, but what happens if it falls short of its goals? How does the company balance innovation with environmental responsibility? And can AI really help reduce emissions? This week on Cleaning Up, Bryony Worthington sits down with Kate Brandt, Google's Chief Sustainability Officer, to unpack these critical questions. Brandt offers an insider's view of how one of the world's most influential companies is tackling the climate crisis, from tackling its own emissions to the impact of misinformation on its platform. Brandt has a fascinating background, having spent time in both the Pentagon, and advising President Obama on energy security and sustainability issues. In her current role, she oversees the team working to reduce Google's environmental impact. Google has set itself an ambitious company-wide climate goal of halving their 2019 emissions by 2030 but their latest sustainability report showed that they were off track, as the company has grown and increased their investment in energy-hungry artificial intelligence. As providers of curated information at a global scale, Google has a unique intersection with the climate problem. Primarily, their impact comes from the electricity they buy, but they're also able to guide customers' decisions through the provision of information and through their parent company Alphabet. They've made some pretty bold investments in innovative, disruptive companies, so measuring their impact is arguably more than the sum of their Scope 1, 2 and 3 emissions. Nevertheless, missing a clear target can't be very comfortable. Brandt discusses the company's ambitious yet challenging emissions reduction targets, the transformative potential of AI in environmental solutions, and the innovative clean technologies that might just help us reimagine our energy future. From predicting floods and reducing aircraft emissions, to molten salt batteries and grid optimization technologies, this conversation reveals how Google thinks about innovation and the climate.Leadership Circle:Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, Alcazar Energy, Davidson Kempner, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live. Go deeper:2024 Environmental Report - Google SustainabilityGoogle XHow AI Can Speed-Up Climate Action | BCGThe Year Energy Woke Up To AI — Audioblog 14: Generative AI – The Power and the GloryMalta Inc.
The UK is an extraordinary case study in how to cut greenhouse gas pollution successfully. Since 1990, the country has more than halved its greenhouse gas emissions, while the economy has grown by over 80%. The Climate Change Act, passed in 2008, has helped steer the UK towards its net-zero goals, setting five yearly carbon budgets that are specifically designed to be ambitious but flexible, with lots of options available to the government to meet the targets. Joining this week's episode of Cleaning Up is Emma Pinchbeck, the new CEO of the Climate Change Committee (CCC), the organisation which advises the government on the route it should take to net zero. Emma spent close to a decade leading the UK's energy sector trade association, and is now responsible for producing advice on the UK's final three carbon budgets. In February, the CCC published the seventh carbon budget, which covers the period centred around the year 2040. Emma joins Bryony Worthington to talk about the progress the UK is making in meeting its carbon targets, the challenges ahead, and why it's so important the UK holds the course, even if others have chosen to abandon their climate ambitions.Leadership Circle:Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, Alcazar Energy, Davidson Kempner, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live. Links:The 7th Carbon Budget: https://www.theccc.org.uk/publication/the-seventh-carbon-budget/Emma's previous appearance on Cleaning Up: https://youtu.be/66flrmMEmso
For full shownotes and ad-free listenting, sign up: wickedproblems.earthIn this episode of Wicked Problems, Kristian Ruby, Secretary General of Eurelectric, shares insights from his recent visit to a Ukrainian power plant operating under war conditions. Ruby discusses the resilience and ingenuity of Ukrainian engineers maintaining energy infrastructure despite frequent bombings, the importance of Europe's preparedness for similar scenarios, and the necessity for robust energy infrastructure and cybersecurity. The conversation also covers the strategic shifts required in Europe's supply chain and critical infrastructure ownership, emphasising closer cooperation with the authorities and increased vigilance against sabotage and other threats.00:00 Introduction and Welcome00:14 Experiences in Ukraine: A Personal Account00:54 Visiting a Power Plant in a War Zone02:49 Daily Realities of War for Power Engineers04:41 Europe's Need to Prepare for War06:10 Challenges in Energy Infrastructure Resilience07:07 Recent Sabotage and Security Concerns08:43 Strategies for Enhancing Resilience13:01 Dependence on Foreign Infrastructure19:41 Supporting Ukraine's Power Sector Hosted on Acast. See acast.com/privacy for more information.
How does Europe get cheap energy again? Are climate goals at odds with the need to remain economically competitive? Are we about to see an empowered and emboldened Europe, ready to take on China and the US?Barely five years into the 2020s, this decade is already shaping up to be one of the most turbulent since the Second World War. As we record this episode, the US has just slapped 25% tariffs on steel and aluminum, prompting swift retaliation from Europe and Canada.The energy landscape is just as volatile. While the US seems set on spending the next four years as a semi-rogue petrostate—acting as if climate change were an afterthought—China is seizing the moment. It's doubling down on EVs and electrification at home, tightening its grip on clean energy supply chains, and dominating global exports of solar panels, batteries, EVs, wind turbines, and even cables. In doing so, Beijing is cementing its status as the world's premier electro-state.This leaves Europe at a crossroads. How does the EU tackle sky-high energy prices while reducing its reliance on US LNG and Chinese clean tech? Can it craft a compelling narrative to counter the rising tide of populism that's circling ever closer to the Berlaymont building in Brussels?To help us unpack these critical questions, we're joined by Nikos Tsafos, Greece's recently promoted Deputy Energy Minister. His portfolio spans energy and emissions, and he collaborates with policymakers across transport and industry—not just in Greece, but throughout the EU.Thank you to Nikos Tsafos for providing the graphs showing Greece's energy transition.Leadership Circle:Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, Alcazar Energy, Davidson Kempner, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live. Links:Nikos Tsafos' Website: https://nikostsafos.comPrime Minister Kyriakos Mitsotakis' letter to the President of the European Commission Ursula von der Leyen regarding the EU energy market: https://www.primeminister.gr/en/2024/09/13/34887Energy System of Greece: https://www.iea.org/countries/greeceYanis Varoufakis: Power, Markets & Power Markets - Ep104: https://www.youtube.com/watch?v=PLbm8fg08hcAudioblog 14: Generative AI – The Power and the Glory: https://www.youtube.com/watch?v=OwZ2iNh133A
Laurent welcomes Kristian Ruby, Secretary General of Eurelectric, to discuss Energy Security, Resilience and Flexibility though the impact of E-Mobility.Energy Security has become a critical issue, especially with the recent sabotage of undersea cables in the Baltic Sea by Russian and Chinese vessels, extreme weather events knocking out a third of the Irish Grid, and Russia's ongoing attacks on Ukraine's energy infrastructure.Kristian shares the story of his harrowing visit to a power plant in Ukraine, where DTEK engineers are bravely working through air raids every day to keep the lights on. The conversation expands to cover all aspects of Energy Security as we enter the Age of Electricity, exploring both cyber and physical measures that can be taken to protect energy systems.The discussion also touches on the latest advancements in E-Mobility, including how Vehicle-to-Grid (V2G) technology can provide additional security and offer consumers a chance to earn more revenue.Eurelectric represents a strong, forward-thinking industry that exemplifies resilience and solidarity in the face of challenges. Join us at Power Summit Brussels 3 and 4 June to discuss those topics and many othersHome - Eurelectric Power Summit 2025
As the U.S. swings a budgetary axe at the federal government, one of the biggest casualties is climate science. The National Oceanic and Atmospheric Administration (NOAA) faces a brutal 20% workforce reduction—jeopardizing critical research just when we need it most. So, what's really at stake? And is Donald Trump Making America Dumb Again?This week on Cleaning Up, host Bryony Worthington takes us deep inside the Scripps Institution of Oceanography, where scientists are on the front lines of tracking our planet's most urgent environmental challenges.Meet Ralph Keeling, the scientist carrying forward his father's legendary legacy—the Keeling Curve, the definitive record of our atmosphere's rising carbon dioxide levels. His decades of meticulous measurements lay bare the stark truth about climate change and why these long-term observations are more vital now than ever.And that's not all. We also sit down with Professor Ray Weiss, the atmospheric detective who played a key role in saving the ozone layer. His work helped drive the Montreal Protocol—one of humanity's greatest environmental victories.With climate science under attack, what lessons can we learn from past successes? And what happens if we stop listening to the data?Leadership Circle:Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, Alcazar Energy, Division Kempner, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live. Links:Scripps Institution of Oceanography: https://scripps.ucsd.edu/The Keeling Curve: https://keelingcurve.ucsd.edu/The Keeling Curve Foundation: https://www.keelingcurve.org/AGAGE (The Advanced Global Atmospheric Gases Experiment): https://www-air.larc.nasa.gov/missions/agage/History of the Montreal Protocal: https://www.unep.org/ozonaction/who-we-are/about-montreal-protocol
This week we explore the growing energy security challenges facing Europe amid a “seismic” shift in the global geopolitical order. In light of this, we discuss plans by the European Commission to support industry and keep energy affordable. Will these measures be enough to protect the continent from instability and price shocks? Kristian Ruby, secretary general of Eurelectric, weighs in on whether the bloc is moving fast enough to secure its energy future in an increasingly uncertain world, while pondering the role of flexibility in stabilising power markets and opines on how electric vehicles could be a game-changer for grid resilience. Host: Richard Sverrisson – Editor-in-Chief, Montel.Guests: Kristian Ruby – Secretary General, Eurelectric; Fatima Sadouki, Energy Correspondent, Montel.Podcast editor: Bled Maliqi, Montel.
In February, Germany elected a new government. Friedrich Merz emerged as the new leader, but what are his energy and climate policies, and will Germany remain a climate leader in Europe and beyond?Joining Cleaning Up this week is Patrick Graichen, a former Energy and Climate minister in the last government, representing the Green Party. Prior to entering government, Patrick ran the think tank Agora Energiewende, working on energy from 2001 to 2012. With his deep expertise Patrick offers unique insights into the evolving political landscape and its potential impact on Germany, Europe, and beyond. Patrick has witnessed how shifting public opinion can stall progress, and was responsible for a highly contested policy to phase out gas boilers and phase in heat pumps, which ultimately caused him to quit government. Bryony Worthington asks Patrick what he learned from that phase, and digs into the big questions surrounding the German car industry, nuclear power and the future of gas. Leadership CircleCleaning Up is supported by the Leadership Circle, and its founding members: Actis, Alcazar Energy, Division Kempner, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live. LinksAgora Energiewende: https://www.agora-energiewende.orgPatrick's Previous Appearance on Cleaning Up: https://youtu.be/MBCX7aZcRWI Episode 154 with Kensa CEO, Tamsin Lishman: https://www.youtube.com/watch?v=-TpHa-uU6lc
How can the U.S. government bridge the gap between clean energy innovation and large-scale deployment? Will the Trump administration accelerate progress or put up roadblocks for clean tech? And how can the U.S. stay competitive with China, which already holds a commanding lead in the sector? Jigar Shah joins Cleaning Up fresh from his four-year tenure as Director of the U.S. Department of Energy's Loan Programs Office (LPO). Appointed in 2021, Shah transformed the once-obscure office into a clean-tech commercialization powerhouse, committing more than $100 billion in loans to U.S.-based companies. But with a new administration implementing sweeping cuts to the federal workforce, is all his work at risk? Or will market forces and the very real risk of blackouts keep clean energy innovation moving forward?In this conversation with Michael Liebreich, Shah shares how he turned the LPO into a driving force for clean technology deployment, and what lessons can be learned by policymakers, investors and entrepreneurs. He also offers a candid assessment of the opportunities and challenges across key sectors—from advanced nuclear to sustainable aviation fuels. Leadership Circle Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, Alcazar Energy, Division Kempner, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live. Links and more DoE Liftoff Reports: https://liftoff.energy.gov Episode 9 with Jigar Shah: https://www.youtube.com/watch?v=QJhhinSeh9IEpisode 193, Mike Headroom's AI Audioblog: https://www.youtube.com/watch?v=OwZ2iNh133A
How can climate activists be more successful in 2025? And where have they gone wrong? Kumi Naidoo has a storied career as an activist. At just 15 years old, he started out as an anti-apartheid campaigner and organiser in South Africa, before fleeing the country and attending Oxford University as a Rhodes Scholar, where he received a PhD for his research into the resistance movement in South Africa. After Nelson Mandela was freed, he returned home to help organise Mandela's campaign to become President, and later became the head of both Greenpeace and Amnesty International. Naidoo has turned his energy to a new campaign, one that focuses specifically on the phase out of fossil fuels: the Fossil Fuel Non-Proliferation Treaty Initiative. The Initiative, founded by former Cleaning Up guest Tzeporah Berman, seeks to establish a binding agreement amongst the most ambitious nations to phase out fossil fuels. So far, it has been endorsed by 16 nation states and 131 subnational governments and cities. Naidoo joins Bryony Worthington to talk about what he's learned from 45 years of campaigning, from hunger strikes to occupying oil rigs in the Arctic, where he thinks activism needs to go from here, and why he believes the Fossil Fuel Fuel Non-Proliferation Treaty Initiative is the path forward. Leadership CircleCleaning Up is supported by the Leadership Circle, and its founding members: Actis, Alcazar Energy, Division Kempner, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live. Links and more:Canada's Controversial Queen of GreenThe Fossil Fuel Non-Proliferation Treaty
The global south needs to build out vast amounts of clean energy, and requires hundreds of billions of dollars annually to do. And yet, only a fraction of the investment going into clean energy and the net-zero transition is flowing into those growth markets. So why are so few investing?Lucy Heintz is partner and head of energy infrastructure at Actis, whose most recent Energy Fund represents over $6 billion of investable capital. She is a driving force behind the small slice of investment which does address clean energy in growth markets. Lucy joins Cleaning Up to unpack Actis' approach to investing in critical clean energy infrastructure projects across the Global South. From assembling renewable energy platforms to managing foreign exchange risks, Lucy shares the strategies that have historically allowed Actis to succeed in markets that many consider to be too risky. Leadership Circle: Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, Alcazar Energy, Division Kempner, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live. Links and more: Actis Energy Infrastructure Fund: https://www.act.is/about-us/sectors/energy/Inside the World's Biggest Investor - Ep138: Carine Smith IhenachoThe Bridgetown Initiator - Ep145: Prof Avinash PersaudEnabling Africa's Green Energy Revolution - Ep120: Ana HajdukaActis 2024 highlights film:Intro to Actis film:IPE: Generating alpha returns in energy infrastructureInfrastructure Investor: Shining a spotlight on emerging marketsNew Private Markets, De-risking transition investments in emerging markets Disclaimer:The statements made by Actis executives are as at February 2025 and are not necessarily representative of the views of executives of portfolio companies in which Actis has invested, and Actis assumes no obligation to update the information herein. Please refer to the following link for further important information in relation to this podcast: https://www.cleaningup.live/a-clean-energy-playbook-for-the-global-south-ep196-lucy-heintz/
Just a few short years ago, sustainable finance and sustainable investing were all the rage. The Glasgow Financial Alliance For Net Zero (GFANZ) boasted financial players controlling $140 trillion. Things have not been quite as smooth since: There's been extensive pushback, starting from the red states in the US, but spreading from there against ESG. And of course, sustainable finance and sustainable investing are firmly in the crosshairs of the new Trump administration. David Blood is the co-founder and senior partner at Generation Investment Management, and he's been a driver behind a number of the most substantial sustainable finance initiatives. He's built a very substantial asset management firm around the concept that sustainable investing will not just do the right thing for the planet and its people, but also provide superior returns. David joins Michael on Cleaning Up to argue the case for sustainable investing in 2025 and explain why there's been such a backlash to it. Leadership Circle Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, Alcazar Energy, Division Kempner, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live. Links and more Generation Investment Management WebsiteInside the World's Biggest Investor - Ep138: Carine Smith Ihenacho How China Became a Green Finance Superpower - Ep160: Dr. Ma Jun
Aviation accounts for around 2-3% of global emissions, and is showing no sign of decreasing. There has been a lot of focus on replacement fuels, but no real paradigm shift in the industry. Anders Forslund has a plan to change that. Anders is the CEO of Heart Aerospace, the Swedish airplane developers who've recently established an R&D facility in California to develop their 30 seater hybrid-electric plane. Later this year, their all-electric prototype will take to the skies in its first test flight. While there are a number of companies innovating in the aerospace sector, including Joby Aviation, featured in Episode 156 of Cleaning Up, Heart is targeting larger planes and longer routes. They already have orders to buy hundreds of planes, most notably from United Airlines, and have received early investment from Bill Gates' Breakthrough Energy Ventures. This episode was recorded at the Heart Aerospace facilities in El Sugundo, Los Angeles. Leadership Circle:Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, Alcazar Energy, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live. Links:The Heart Aerospace websiteA Magnificent Woman And Her Flying Machines - Ep156: Bonny Simi
Will AI be a disaster for the climate, or a saviour in disguise? How is AI reshaping power needs around the world? And does a lack of clean electricity spell the end of the AI dream, or a new round of fossil-fuel reliant data centres? All this, and more in the audio adaptation of Michel's article for BloombergNEF: Generative AI: The Power and the Glory. Read the full piece at: https://about.bnef.com/blog/liebreich-generative-ai-the-power-and-the-glory/Leadership Circle: Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, Alcazar Energy, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live. Links and More For a full list of background reading to accompany this Audioblog, visit: https://open.substack.com/pub/cleaninguppod/p/a-super-secret-ai-reading-list
How can $10 billion be spent most effectively to address the climate and nature crises? What role can philanthropy play in driving systemic change? And how can new technologies like AI be leveraged to accelerate climate solutions? This week on Cleaning Up, host Bryony Worthington sits down with Dr. Andrew Steer, President and CEO of the Bezos Earth Fund, to explore these critical questions. Established in 2020 with a $10 billion commitment from Jeff Bezos, the Bezos Earth Fund is on a mission to spend this capital by 2030 - the "decisive decade" for climate and nature. Andrew shares insights into the fund's venture capital-inspired approach, balancing support for proven organisations and innovative newcomers. He delves into the delicate dance of respecting grantee expertise while providing strategic guidance, and the importance of avoiding dependence. The conversation covers the fund's diverse portfolio, from electrifying school buses to harnessing AI for nature monitoring and sustainable agriculture. Andrew also tackles the thorny issues of carbon markets and the need for a new mindset in the environmental movement. Leadership CircleCleaning Up is supported by the Leadership Circle, and its founding members: Actis, Alcazar Energy, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live. Links and moreThe Bezos Earth Fund website Is There a Future for Lab-Grown Meat? - Ep166: Bruce Friedrich
Happy New Year and welcome to Season 14 of Cleaning Up. From the future of nuclear to growing tensions between China and the USA, we're off with a bang with a conversation between hosts Michael Liebreich and Bryony Worthington. They reflect on the key trends of 2024, and looking ahead to what might be on the cards in 2025, from China's rapid electrification to political upheaval in the US. Bryony and Michael get stuck into the challenges and opportunities around the build out of nuclear power, the potential of biofuels in aviation, and what we might expect from COP30 in Brazil later this year. Leadership CircleCleaning Up is supported by the Leadership Circle, and its founding members: Actis, Alcazar Energy, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live. Links and moreHow To Win The Climate Argument | Ep172: John MarshallCanada's Controversial Queen of Green - Ep131: Tzeporah Berman Is Trump's Victory A Win For China? Ep185: Professor Qi YeCan Nuclear Repower China's Coal Fleet? - Ep163: Staffan Qvist & Dr. Yaoli Zhang The Inconvenient Truth about Climate Science - Ep93: Prof. Roger Pielke Jr. Paper on Curtailment of Nuclear Power Output during Heatwaves
Are we losing the argument that climate change requires action and investment? Can we balance the need for affordable energy with the costs of decarbonizing hard-to-abate sectors like steel, cement and aviation? And how can we counter the spread of misinformation and populist narratives that undermine support for clean energy? This week on Cleaning Up, Michael Liebreich welcomes back Lord Adair Turner for a deep dive into the state of the energy transition at the end of 2024. They discuss the remarkable progress in technologies like solar, batteries and electrification, but also the political and economic challenges of driving rapid decarbonisation. Turner shares his optimism that we have the technologies to reach net zero by 2070-2080, but also his concern that the pace of change may not be fast enough to avoid significant warming. They explore issues like the role of nuclear power, the need for grid investment, and the complexities of climate finance and international cooperation. This episode grapples with the tension between technological progress and political realities - and how to navigate that divide to accelerate the transition to a sustainable, zero-carbon future as we move into the new year. Leadership Circle Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, Alcazar Energy, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live. Links and moreAdair's book, Just CapitalThe Energy Transitions Commission: https://www.energy-transitions.orgHow China Became a Green Finance Superpower - Ep160: Dr. Ma Jun The Einstein of Energy Efficiency - Ep68: Amory LovinsThe Solar Revolution - Past, Present and Future - Ep173: Jenny ChaseCan Exponential Growth Save a Finite Planet? - Ep187: Azeem Azhar The UK Energy Company Creating the Utility of the Future - Ep175: Greg Jackson The Bridgetown Initiator - Ep145: Prof Avinash PersaudHow To Win The Climate Argument | Ep172: John Marshall Is It Ever OK to Promote Fossil Fuels? TNO's Hydrogen Insights
Climate philanthropies are playing an increasingly important role in funding climate action. In 2023, an estimated $9-16 billion was spent by philanthropies on programs to mitigate climate change. But how do they choose how to spend it? And what role should philanthropy play in catalysing innovation? Bryony Worthington sits down with Greg de Temmerman, Deputy CEO of the Quadrature Climate Foundation, to explore these critical questions. As a former plasma physicist who worked on the world's largest nuclear fusion project before transitioning into philanthropy, Greg brings a unique perspective to the climate challenge. Greg shares his insights on the progress and challenges in fusion research, highlighting the importance of material science breakthroughs and the role of AI in advancing the field. He then discusses his transition from research to the think tank world, where he sought to provide a more science-based approach to climate solutions and address the growing anti-tech sentiment in France. The conversation delves into Quadrature's evidence-based, pragmatic approach to philanthropy, and Greg's views on the foundation's support for geoengineering research and carbon removal technologies. He emphasises the need to grapple with the complexities of the energy transition, including the social and political challenges of managing winners and losers, and explains why he thinks the climate fight is like ultra-running. Leadership Circle: Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, Alcazar Energy, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live. Links: Quadrature Climate FoundationKelly Wanser on Geoengineering Anand Gopal on Thermal Storage and Carbon Removal
What was achieved at COP29 in Baku, Azerbaijan? Where will the promised $300 billion come from, and how will it be spent? And what reforms are needed to make the COP process more effective and impactful? This week, host Michael Liebreich sits down with James Cameron, an international climate lawyer who has been involved with the COP process since before COPs were COPs. James shares his insights into the challenges and dynamics of these high-stakes global talks, from the crucial role of small island states to the difficulties of bridging the divide between developed and developing nations. James and Michael explore the inner workings of the COP process - its successes, failures and the urgent need for reform. James provides a clear-eyed assessment of where the negotiations have fallen short, and outlines concrete ideas for how to make the COP a more effective forum for driving real-world climate action. Leadership Circle: Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, Alcazar Energy, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live. Links:Ya Basta: Stop the UN Climate Charade - https://www.liebreich.com/214-2/ James' previous appearance on Cleaning Up https://www.youtube.com/watch?v=qn7GKiW5E4k Christiana Figueres on CU: https://www.youtube.com/watch?v=4YSzUJ_nMV0 Catherine McKenna on CU: https://www.youtube.com/watch?v=kEP1SGL-DcA Amber Rudd on CU: https://www.youtube.com/watch?v=MZOokwqLaRc Laurence Tubiana on CU: https://www.youtube.com/watch?v=wpVmECce7R8
As we race towards a future powered by AI and data centres, how will the insatiable demand for energy impact the environment? With the richest companies ploughing billions into energy generation, might there be some unexpected upsides for the climate transition? And can exponential technologies address the climate crisis on a finite planet? This week on Cleaning Up, host Michael Liebreich sits down with Azeem Azhar, founder of Exponential View, to explore the complex relationship between exponential growth, climate change, and the societal implications of transformative technologies. Michael and Azeem delve into the promises and pitfalls of a future shaped by the rapid advancements in renewable energy, battery storage, and artificial intelligence.Exponential View: Listeners of Cleaning Up can receive one year of complimentary access to Exponential View Premium, visit: https://www.exponentialview.co/cleaningup. Offer valid for 7 days starting November 27, 2024. Leadership Circle:Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, Alcazar Energy, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live.Links:Azeem's websiteThe Solar Revolution - Past, Present and Future | Ep173: Jenny Chase Battery Recycling Is Here - But Where Are The Batteries? - Ep165: Hans Eric Melin Separating Hype from Hydrogen – Part One: The Supply Side - Audioblog 3Separating Hype from Hydrogen – Part Two: The Demand Side - Audioblog 4Inside the World's Largest AI Supercluster xAI ColossusAI's $600bn problem
How can behavioural science and psychology be leveraged to drive meaningful change around climate action? What unintended consequences might arise from heavy-handed government mandates versus more subtle interventions? And in the face of the climate crisis, is it ethical to actively promote the use of fossil fuels? This week on Cleaning Up, Michael welcomes Ogilvy UK Vice-chair Rory Sutherland to explore the role of psychology and behavioural science in tackling the climate challenge. Rather than relying solely on policy, regulations, and technological solutions, Sutherland argues that understanding human decision-making and tapping into our innate psychological drivers could be key to catalyzing widespread behaviour change. From the power of "satisficing" and "psycho-physics" to the importance of signaling and subconscious hacking, Sutherland delves into the hidden forces that shape our environmental choices - both for better and for worse. The conversation also grapples with the ethical quandary of whether actively promoting fossil fuels is justifiable, even as a "messy intermediate phase" in the transition to clean energy. This episode challenges viewers to think beyond the conventional approaches to climate action and consider how a deeper understanding of human psychology could unlock more effective, and even counterintuitive, solutions. For those interested in data on which advertising groups continue to work with fossil fuel companies, please see: https://cleancreatives.org/f-list. Asked about WPP (Ogilvy's Parent Company) and Ogilvy's inclusion on the F-list, WPP commented: "WPP and Ogilvy have not commented publicly on the accuracy or validity of the F-List's research. However, several of the contracts named on the F-List are wrongly attributed to Ogilvy. They are in fact relationships with an entirely different agency, OGR, formerly known as Ogilvy Government Relations. Other than ownership by WPP, OGR has had no connection to Ogilvy since 2011 and they rebranded last year to avoid historical confusion." Leadership Circle: Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live. Links: Rory's book, AlchemyOgilvy UK: https://www.ogilvy.com/ukHow Lily Cole Models Climate Solutions | Ep161 How To Win The Climate Argument | Ep172: John Marshall
Is China's lead in clean technologies insurmountable? How will the Trump presidency shape relations with China? And when will China's emissions peak? Fatih Birol, head of the International Energy Agency, has said that 'almost every energy story is essentially a China story. But it's a complicated story that has been powered by vast supplies of coal. China's economy has grown rapidly, with per capita levels of energy consumption now matching Europe's, making it the world's largest emitter of greenhouse gasses. At the same time, China has increased the share of electricity and total energy to around 28% thanks to a rapid uptake of electric vehicles and increasing use of electricity for heating domestically. If it continues on its current trajectory, it is likely to peak its greenhouse gas emissions from energy in the next few years, if it hasn't done so already. China is also playing an increasing role beyond its borders: In 2023, 20% of the global EV export market belong to China, and it dominates the battery, solar and wind industries. This week on Cleaning Up, Bryony Worthington sits down with Professor Qi Ye, Director of Public Policy at Hong Kong University of Science and Technology, who's had a ringside seat during China's rapid shift towards a clean energy economy. Together they unpack the complex dynamics shaping the global energy transition in China. Discover the remarkable scale and pace of China's clean energy transformation, the challenges of international collaboration, and Professor Qi's vision for a new era of climate leadership.Leadership Circle: Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation and Wärtsilä. For more information on the Leadership Circle, please visit cleaningup.live.Links: How China Became a Green Finance Superpower - Ep160: Dr. Ma JunThe World's Preeminent Energy Economist - Ep133: Fatih BirolHow Trump & Musk Will Reshape US Climate Action — Election Special
How will the Trump administration's policies impact the clean energy transition in the United States? What will be Elon Musk's role in shaping climate policy? And what are the geopolitical implications of the US withdrawing from the Paris Agreement? In this special episode of Cleaning Up, hosts Michael Liebreich and Bryony Worthington reflect on the implications of the recent US election results and the potential impact on energy and climate policy. They explore the likely policy changes under a Trump administration, including potential cuts to clean technologies like offshore wind and electric vehicles, as well as the potential for increased fossil fuel production and the relaxation of environmental regulations. Bryony shares her insights from her recent trip to China, where the expectation was that Trump would win and the general sentiment was that China could do business with him. Michael examines the perceived lack of a coherent strategy in Europe to compete with the US and China in the clean energy and technology sectors.Leadership CircleCleaning Up is supported by the Leadership Circle, and its founding members: Actis, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live. Links and moreHow To Win The Climate Argument | Ep172: John Marshall Could Trump 2.0 Roll Back The IRA? Ep181: Ethan Zindler
Could we save billions by simply reducing energy waste? How can we power the vast, energy-hungry growth of AI without sacrificing climate goals? And is Europe doomed to high energy costs and deindustrialisation? This week on Cleaning Up, Michael Liebreich sits down with Jonathan Maxwell, CEO and founder of Sustainable Development Capital LLP (SDCL), for the third time on Cleaning Up. Jonathan shares his perspective on the urgent need to address energy efficiency and waste, drawing from the themes explored in his book "The Edge." Jonathan and Michael delve into SDCL's innovative approach to providing on-site energy solutions that deliver cheaper, cleaner, and more reliable power to businesses, industries, and public institutions. Jonathan explains how their focus on distributed generation and decentralised energy systems is transforming the way organisations think about and manage their energy needs. Finally, policy. Jonathan and Michael discuss the impact of the Inflation Reduction Act in the US (and the potential turmoil from recent election results), the European Union's Green Deal, how these initiatives can be further strengthened by a greater emphasis on energy efficiency and productivity, and what the West needs to catch China. Leadership Circle Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit cleaningup.live LinksCheaper, Cleaner, More Reliable - Ep14: Jonathan Maxwell Checkpoint 2023: Energy Efficiency Investment - Ep113 Jonathan Maxwell How China Became a Green Finance Superpower - Ep160: Dr. Ma JunMetals Refining - From Mining to Brining: Ep 142 - Alex Grant
How difficult is it to power a boat just with electricity? Is an electric outboard as reliable as a fossil-fuel one when taken out to sea? And just how much better is an electric engine for reducing pollution and noise? Around the world there are tens of millions of small boats, from high-performance luxury craft to workhorse fishing vessels, nearly all of which run on fossil-fuel powered engines. But with the rapid advancements in electric vehicles, a small group of companies are now turning their minds to cracking the boating problem, inventing electric engines that are quieter, less polluting, and can deliver just the same performance. In Europe, perhaps the best known is the German company Torqeedo. Founded in 2004, they've sold a quarter of a million electric motors to date, and this year, were acquired by Yamaha Motors. Norwegian company Evoy have recently joined forces with Vita, a UK-Monaco based company, and Candela, another Scandinavian boat builder, are revolutionising engines and boats with their hydrofoiling concept. This week on Cleaning Up, Baroness Bryony Worthington speaks with Ben Sorkin, CEO and co-founder of Flux Marine, headquartered in Newport, Rhode Island. Flux Marine are hoping to take on the US market with their customizable electric propulsion systems and have a 40,000 square foot factory in Rhode Island. Bryony asks Ben how his electric engines compete on cost and performance, what Flux Marine's scale-up plans are, and why it's so much harder to electrify a boat than a car. Leadership CircleCleaning Up is supported by the Leadership Circle, and its founding members: Actis, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live LinksFlux Marine: https://www.fluxmarine.com Is Shipping the Easiest "Hard-to-Abate" Sector? — https://www.youtube.com/watch?v=umPAonV20cM Arc Boats: https://arcboats.com Candela Hydrofoiling Boats: https://candela.com
Gerard and Laurent welcome Kristian Ruby, secretary general of Eurelectric, about their new report entitled “Power Barometer – Zeroing in on Electrification”. To quote the IEA, we enter in the “Age of Electrification” where electrification rate is going to accelerate significantly.We have an extensive conversation about the good news (growth of renewables, energy security progress in response to Russian aggression) and the not so good news (flat demand, as the new power usages – transportation, heating – don't grow as fast as anticipated; demand reduction or destruction). We discuss the impact of counterproductive taxation of various sources of energy, European competitiveness, the development of behind the meter energy as well as great initiatives such as the North Sea Wind Power Hub”.A very rich state of play.And Gerard apologises for the poor quality of his audio as he was in car driving in France while carrying his precious collection of rare whiskies from Berlin to Dublin. Link to Eurelectric report: Power Barometer – Zeroing inhttps://powerbarometer.eurelectric.org/ Join us at the Energy Storage Awards 2024https://storageawards.solarenergyevents.com/
Is the shift to electric vehicles really slowing down? Are people losing interest in EVs, or is there more to the story? How will changes in the global automotive industry impact the net-zero transition? And If no one wants EVs, why do we need tariffs? This week on Cleaning Up, host Michael Liebreich sits down with Colin McKerracher, Head of Clean Transport at BloombergNEF, to unpack the latest trends and dynamics in the electric vehicle market from cars to trucks to two wheelers. They dive deep into the regional differences, the strategies of European automakers, the impact of tariffs, as well as the latest forecasts and predictions in BloombergNEF's Electric Vehicle Outlook.Leadership Circle:Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation and Wärtsilä. For more information on the Leadership Circle, please visit cleaningup.liveLinks:BloombergNEF's Electric Vehicle Outlook: https://about.bnef.com/electric-vehicle-outlook/The Debunker-in-Chief - Ep15: Auke HoekstraThe Solar Revolution - Past, Present and Future - Ep 173: Jenny ChaseSlowdown, what Slowdown? The EV Revolution is Just Getting Started - Ep178: Dr Andy PalmerCould Trump 2.0 Roll Back The IRA? Ep181: Ethan Zindler
Eurelectric ha solicitado una revisión de la política fiscal energética en la UE, de ello hablamos con Marta Castro, directora de regulación de Aelec.
China has taken a commanding lead in manufacturing solar panels, wind turbines, electric vehicles and batteries, and is central to the green energy transition. Now, the US is hoping to catch up, and has spent almost $500 billion from the Inflation Reduction Act to bolster the energy transition and domestic manufacturing. Is it enough to create-long lasting change? This week on Cleaning Up, host Bryony Worthington sits down with Ethan Zindler, the Climate Counselor to US Treasury Secretary Janet Yellen. Zindler provides a rare insider's perspective on the implementation of the Inflation Reduction Act, the Treasury's new Climate Hub, and the department's evolving role in tackling the economic and financial implications of the climate crisis. The discussion covers the IRA's potential impact, the challenges of communicating its complex tax incentives, and concerns around the legislation's political durability. Zindler also addresses the tensions between fossil fuel interests and clean energy priorities, as well as the Treasury's efforts to engage with international partners and ensure an equitable clean energy transition. As the US grapples with the growing costs of climate-fueled disasters, this episode offers insights into how a key economic policymaking body is adapting to the climate emergency and the new geopolitics of the green energy transition. Leadership CircleCleaning Up is supported by the Leadership Circle, and its founding members: Actis, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.liveLinksOverview of the Treasury's climate activities: https://home.treasury.gov/policy-issues/climate-changeCleaning Up with Dr Ma Jun: https://www.youtube.com/watch?v=Fu6giWzTxAYCleaning Up with Dipender Saluja & Ion Yadigaroglu: https://www.youtube.com/watch?v=tUTPkszXs_Y
Ocean's absorb one third of the CO2 we are recklessly pumping into the atmosphere, as well as 90% of the heat. What would happen if that were to stop?The oceans define every aspect of our planet's physical systems, its ecosystems, human history and human culture. They also define the planet's future. Oceans represent an almost unexplored frontier in the fight against climate change, whether as a host for offshore wind farms, an enhanced carbon sink, a source for critical minerals or a route for high-voltage DC cables. But could there be unintended consequences? This week on Cleaning Up, Michael Liebreich welcomes Professor Helen Czerski, whose expertise is 25,000 miles wide and seven miles deep, to discuss the crucial role the oceans play in regulating our climate and keeping the planet habitable. Helen is a physicist and oceanographer, and associate professor in the Department of Mechanical Engineering at University College London. She is the author of two books: 'A Storm in a Teacup' and 'The Blue Machine', about the physics of the oceans. Leadership Circle: Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation and Wärtsilä. For more information on the Leadership Circle and how to become a member, please visit https://www.cleaningup.live Links and more: Helen's website: https://www.helenczerski.netHelen's book, Blue Machine: https://www.penguin.co.uk/books/441190/blue-machine-by-czerski-helen/9781804991961Episode 107 of Cleaning Up with David Cebon: https://www.youtube.com/watch?v=K61ZXd_F6Qo
Is the key to clean energy the heat beneath our feet? Could advances in the fossil-fuel extraction industry hold the key to providing 24/7 clean power? And can a Texan CEO and former oil exec bring geothermal to the masses? This week on Cleaning Up, Bryony Worthington sits down with Cindy Taff, a 35-year veteran of Shell, where she was Vice President of Unconventional Drilling, leading a team of 350 people with a budget of over $1 billion. Since leaving Shell, Cindy has made a bold pivot to the world of geothermal energy, and is now CEO of Sage Geosystems, where she is using her expertise in drilling, project management, and subsurface engineering to try to crack next generation geothermal energy. Cindy shares her journey, from rising through the ranks at Shell to leading a startup on the cutting edge of the energy transition. She delves into the technical challenges of tapping into "hot, dry rock" geothermal resources, drilling at 20,000 feet below the Earth's surface, the regulatory hurdles of using techniques like fracking or 'stim drilling', and the potential to to use geothermal wells as an energy storage solution. Cindy has a unique perspective on how the oil and gas industry's toolbox can be repurposed to drive the clean energy transition, and believes geothermal is poised to play a crucial role in powering a sustainable future. Will she be proved right?Leadership CircleCleaning Up is supported by the Leadership Circle, and its founding members: Actis, EcoPragma Capital, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation and Wärtsilä. For more information on the Leadership Circle and how to become a member, please visit https://www.cleaningup.live Links and moreSage Geosystems - https://www.sagegeosystems.comSage Geosystems and Meta sign 150MW geothermal power agreement - https://www.canarymedia.com/articles/geothermal/sage-geosystems-and-meta-sign-150mw-geothermal-power-agreementSage Geosystems raises $17M to build first-of-its-kind geothermal energy storage system in Texas: https://www.utilitydive.com/news/sage-geosystems-geothermal-storage-fervo-princeton/707879/Ep 168 Hot Rocks in a Box: The Rise of Thermal Batteries - https://www.youtube.com/watch?v=33QiMC4nG1k
Laurent interviews Georgios Stassis, PPC'S CEO, during Eurelectric Power Summit 24.PPC, the Greek Utility, is a remarkable turnaround story: from a soviet-style dinosaur a few years ago, PPC has become a thriving forward-looking profitable modern Utility.With Georgios, we discuss the investment in renewables, the phase out of lignite, digitisation, the investment in new segments (Datacenters, E Mobility, Demand Response…) and share an overview of regional integration with interconnectors and the successful acquisition of Enel Romania.And, to crown it all, a Quiz: Eurelectric or AC/DC?
Last week the leading lights of Europe's electricity industry gathered for the annual Eurelectric Power Summit at the Lagonissi Beach Resort just outside Athens. The conference - under the hashtag this year of #lights on - lasted two days and covered the key issues facing Europe's and the world's power sectors. Two topics in particular stood out: the need to accelerate the build out of transmission, and the pressures and opportunities offered by digitization and AI. At the event, Eurelectric published a brace of reports on these two topics. On the final day of the conference, Michael caught up with Leonhard Birnbaum, Chairman and CEO of German utility and distribution grid operator E.ON and President of Eurelectric, on a sunny and windy terrace just outside the conference centre to discuss all this and more.Leonhard began his professional career at McKinsey in Düsseldorf. After holding various positions, he was Senior Partner for the energy and industrial sector. In 2008, he joined RWE AG and was appointed to the Board of Management the same year. He served as Chief Strategy Officer and as RWE Group's Chief Commercial Officer until 2013, when he was appointed as member of the Board of Management of E.ON SE and took on a variety of responsibilities within the Board. From 2018 until 2021 he was responsible for the innogy integration project, and from 2019 to 2020, he was also Chairman of the Board of Management of innogy SE. In 2021, he was appointed to his current role as CEO of E.ON SE, in which he is responsible for Communications & Political Affairs, Corporate Audit, Strategy, Group and Executive HR, HSE & Sustainability, Legal & Compliance and Nuclear Coordination. He is also Vice-President of the Executive Committee of BDEW, the German Association of Energy and Water Industries, a member of the Executive Committee of the Federation of German Industries (BDI) and President of Eurelectric, the European Electricity Association, and Vice Chair of the World Energy Council. Please like, subscribe and leave a review. Follow us on Twitter, LinkedIn, Facebook or Instagram, and sign up for the Cleaning Up newsletter at https://cleaninguppod.substack.com. Links and more:Eurelectric: https://www.eurelectric.org/E.ON: https://www.eon.com/en.htmlEurelectric Power Summit 2024 - LightsOn: https://powersummit2024.eurelectric.org/Eurelectric's new report - Grids for Speed: https://powersummit2024.eurelectric.org/grids-for-speed/Eurelectric's new report - Wired for Tomorrow: https://powersummit2024.eurelectric.org/wired-for-tomorrow/ElElectrify Almost Everything for Net-Zero - Ep34: Kristian Ruby: https://www.cleaningup.live/episode-34-kristian-ruby/