Podcasts about iea

國際能源署 (IEA) 對石油市場的預測是什麼？IEA 上調了2025年和2026年全球石油供應的預測，預計供應量將增加。同時，IEA 也下調了全球石油需求增長預測，原因包括中國、印度和巴西等地的經濟疲弱 。這導致全球商業原油庫存已升至46個月以來的高位 。為什麼OPEC產油國對減產的立場不一致？ 沙地阿拉伯傾向於減產以穩定油價。然而，部分 OPEC 成員國不願意犧牲它們的市場佔有率 。如果無法落實減產，油價短期內可能會進一步回落，直接影響中東產油國的收入。美國在液化天然氣 (LNG) 市場的地位如何？ 今年頭八個月，美國的液化天然氣出口量按年增加了22%，再次成為全球最大的液化天然氣出口國。其中，歐洲吸納了美國三分之二的出口，原因在於再生能源供應不穩定以及俄羅斯供應的減少 。美國液化天然氣出口的增長對美國國內有什麼影響？ 由於出口需求，美國國內的天然氣供應面臨壓力，導致能源成本有所增加 。國內住宅、商業和工業用天然氣的價格平均上漲了27% 。中東主權基金目前的投資策略有什麼改變？中東的五大主權基金，其資產規模合計超過4.2萬億美元 。在過去一年，他們加快了在歐洲和美國的基建、能源轉型和科技創投等領域的投資 。與此同時，他們也縮減了在中國部分行業的投資比例 。為什麼中東主權基金會減少在中國的投資？ 其中一個解釋是，中東主權基金現在會主動參與企業的管理和決策 。然而，在中國市場，任何達到一定規模的企業都不太可能完全自主發展方向 。這一點會影響投資者的決定 。 This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit leesimon.substack.com/subscribe

Enerji Günlüğü Haber Bülteni:Türkiye'nin ve Dünyanın Enerji Gündemienerjigunlugu.net

Welcome to Top of the Morning by Mint.. I'm Nelson John and here are today's top stories.

WATCH the video on Substack by clicking the play button above or on YouTube (here).STREAM audio only on Apple Podcasts (here), Spotify (here), or your favorite podcast player app.DOWNLOAD a pdf of the slide deck by clicking the blue Download button below.Last week we published a written post that took a fresh look at a long standing theme of ours “obliterating peak oil demand” (here). We dug into OPEC Research's most recent World Oil Outlook report (here) to compare OPEC's more optimistic view of long-term oil demand to more bearish forecasts from the IEA and frankly many other leading energy voices. Our own outlook is closely aligned with OPEC's in recognizing the massive unmet energy needs of the other 7 billion people on Earth. The idea that anyone can know today that oil demand is going to permanently peak within the next decade is something we push back hard on. That post has sparked a number of questions, five of which we will aim to address today.Our On A Personal Note this week remembers heavy metal pioneer Ozzy Osbourne, who passed away on July 21. I was fortunate to catch a Black Sabbath reunion tour in 2016.

Lauri Malksoo gives the keynote address at the 2025 REECAS Northwest Conference, an ASEEES regional conference which takes place annually at the University of Washington. Lauri Mälksoo is Professor of International Law at the University of Tartu in Estonia and member of the Estonian Academy of Sciences. During the academic year 2023-2024, he was fellow at the Institut d'études avancées (IEA) in Paris. He earned his law degree at the University of Tartu in 1998, his LL.M. at Georgetown University in 1999 and doctorate at Humboldt University Berlin in 2002. He has subsequently had fellowships at NYU School of Law, at the University of Tokyo and at the Woodrow Wilson Center for International Scholars (in Washington, DC). He is member of the Institut de Droit International and since 2021, of the Venice Commission of the Council of Europe. He is an editor-in-chief of the Baltic Yearbook of International Law (at Brill) and is member of the editorial board of the Review of Central and East European Law. Among his publications are monographs Illegal Annexation and State Continuity: The Incorporation of the Baltic States by the USSR'(2nd ed., 2022, Brill) and Russian Approaches to International Law (OUP, 2015). He has published widely on the history of international law related to Russia and the Soviet Union, as well as on current developments and cases in international law.

In this episode of the Energy Newsbeat Daily Standup, Stuart Turley and Michael Tanner discuss the approaching "day of reckoning" for wind and solar energy, highlighting the growing challenges of the net-zero transition and the high costs associated with renewable energy. They also cover the U.S.'s potential withdrawal from the International Energy Agency (IEA) as Energy Secretary Chris Wright pushes for reform or exit due to the IEA's political stance on clean energy. The conversation shifts to the impact of AI in Pennsylvania, with major companies investing billions in data centers, and concludes with insights into grid reliability, emphasizing the complexities of integrating renewable energy and the need for microgrids.Highlights of the Podcast 00:00 - Intro00:13 - Wind and Solar's Day of Reckoning is Approaching.04:32 - Energy Secretary Chris Wright Says Withdrawal from IEA Is Now on the Table06:57 - AI in Pennsylvania is on the move – Doug Sheridan brings up some great questions08:14 - Voltage, inertia and the Iberian blackout part 1: the theory11:59 - Markets Update12:57 - EIA Crude Oil Inventory14:39 - OutroPlease see the links below or articles that we discuss in the podcast.Wind and Solar's Day of Reckoning is Approaching.Energy Secretary Chris Wright Says Withdrawal from IEA Is Now on the TableAI in Pennsylvania is on the move – Doug Sheridan brings up some great questionsVoltage, inertia and the Iberian blackout part 1: the theoryFollow Michael On LinkedIn and TwitterFollow Stu on LinkedIn and XENB Top NewsEnergy DashboardENB PodcastENB SubstackENB Trading DeskOil & Gas InvestingNeed Power For Your Data Center, Hospital, or Business?– Get in Contact With The Show –

A salute to Cipher ... Renewables go missing in Pittsburgh ... The US threatens to pull out of the IEA ... Uncertainty persists for transferability of tax credits ... California bill tweaks net metering for home salesSign up for the Renewable Energy SmartBrief

Brent prices strengthened last week despite ongoing geopolitical risks, as the IEA adjusted its 2025 and 2026 demand forecasts and highlighted a surplus in the market. Meanwhile, developments in US trade policy and a shift in Trump's stance on Russia add further complexity to the outlook for oil prices. Please note: this podcast is provided for information purposes only and should not be construed as an offer, or a solicitation of an offer, to buy or sell financial instruments. This podcast does not constitute a personal recommendation and is not investment advice. Investec

Summer rewind: What does Canada do with excess energy? How is it stored today and how will it be stored as the energy industry evolves? Justin Rangooni, CEO of Energy Storage Canada, shares how energy storage supports a sustainable future for Canadians—from enhanced flexibility to affordability, large-scale grids to individual consumer needs. Listen to episode 152 of thinkenergy to learn about ongoing projects and challenges facing the energy storage sector in Canada.   Related links   ●     Justin Rangooni on LinkedIn: https://www.linkedin.com/in/justin-rangooni-5063b542/ ●     Energy Storage Canada: https://www.energystoragecanada.org/ ●     TC Energy Pump Storage Project: https://www.tcenergy.com/operations/power/pumped-storage-project/ ●     From Small to Mighty report: https://energyontario.ca/Files/OEA_ESC_From_Small_to_Mighty_Dec_2024.pdf ●     Ontario Energy Board: https://www.oeb.ca/ ●     Trevor Freeman on LinkedIn: https://www.linkedin.com/in/trevor-freeman-p-eng-cem-leed-ap-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 Hi everyone. Well, summer is here, and the think energy team is stepping back a bit to recharge and plan out some content for the next season. We hope all of you get some much needed downtime as well, but we aren't planning on leaving you hanging over the next few months, we will be re-releasing some of our favorite episodes from the past year that we think really highlight innovation, sustainability and community. These episodes highlight the changing nature of how we use and manage energy, and the investments needed to expand, modernize and strengthen our grid in response to that. All of this driven by people and our changing needs and relationship to energy as we move forward into a cleaner, more electrified future, the energy transition, as we talk about many times on this show. Thanks so much for listening, and we'll be back with all new content in September. Until then, happy listening.   Trevor Freeman  00:55 Welcome to think energy, a podcast that dives into the fast changing world of energy through conversations with industry leaders, innovators and people on the front lines of the energy transition. Join me, Trevor Freeman, as I explore the traditional, unconventional and up and coming facets of the energy industry. If you have any thoughts, feedback or ideas for topics we should cover, please reach out to us at think energy at hydroottawa.com, Hi everyone. Welcome back. We tend to take for granted that when we flick that light switch on, or we plug in our coffee maker or EV, electricity is there to do what we want it to do. It will light up the room or make our coffee or charge our car or whatever the case may be. But let's take a minute to reflect on the engineering marvel that makes that a reality. The traditional power grid is set up as a one way on demand system, meaning, when you need those electrons for your morning cup of coffee somewhere else, that same amount of electricity needs to be generated pretty much simultaneously. Multiply that one use case by hundreds of millions or likely even billions of devices needing power at any given time, and you can appreciate the challenge. Traditionally, power grids don't store electricity. They need to make sure they're generating enough power for the load that's required at any given time. And as many generation sources can't be instantaneously turned on or off. This requires forecasting, also known as informed guessing, of what the load might be at any given time to make sure that the generation resources needed are up and running. Some forms of generation require a few minutes to turn on and off. Some require a few days or even weeks. In the case of nuclear generation, for example, and others like solar or wind are dependent on weather conditions. So all of this means that often there is some excess generation that needs to go somewhere, and that somewhere is traditionally a neighboring jurisdiction, who will buy that excess power at a pretty low rate. So all that I've described above, while it is an engineering marvel, is a rather inflexible system. The good news is that this is the power grid of yesterday. Well, today, a little bit as well. The grid of tomorrow is shaping up to be much more flexible in terms of when and where we generate and use electricity, and a major tool that will help us get to that state is energy storage. Energy Storage means things that let us generate electricity at a certain point in time, such as when the sun is shining or the wind is blowing, or when not a lot of people are using grid electricity, like the middle of the night, but save it to be used later, when the conditions are opposite to those I just mentioned. This opens up loads of possibilities and can help with grid flexibility, for sure, but also other things like customer affordability. So imagine being able to pull cheaper off peak electricity from the grid and use it later when rates are higher during peak times, instead of buying that more expensive power. It supports things like resiliency, so using stored electricity during an outage, for example, and it also lets utilities and system operators pull on different resources on the grid at different times, instead of only having generation to pull from. Energy storage can take many forms, which we'll get into in today's conversation, but certainly, batteries are the ones that we are most familiar with. We're seeing more and more applications for this technology, from home battery systems to large scale Grid applications. In fact, here in Ontario, the Independent System Operator or IESO is working through their long term or LT one RFP, which is looking to procure capacity, including battery storage for grid needs. But some of these projects are facing hurdles, such as opposition from community. Members opposed to project developments in their area over concerns about what those projects mean with the need for more energy storage of all sizes on our grid. I thought this would be a good time to dig into this growing sector and understand it a little bit better. And the perfect person to help us do that is actually someone who's been on the show twice before, Justin Rangoon, he the president and CEO of energy storage Canada. So even though Justin's been on before, I think given what's happening in the news and the evolving sector that he represents, it's great to have him back to talk through some of this stuff together. So energy storage Canada, or ESC is the National Trade Association that's dedicated to advancing Canada's energy storage sector. It's a non profit organization that was established in 2016 and has a diverse membership of more than 85 members, from technology providers to project developers, power generators, utilities like Hydro Ottawa, engineering firms, etc, etc. Justin in particular, is the President and CEO of energy storage Canada, and is a lawyer with more than a decade of experience in Canada's energy sector, specializing in policy and government relations. He's been the executive director since 2019 and has facilitated significant growth within ESC membership, staff, conference offerings, et cetera, to kind of match the pace of accelerated growth in the storage sector. So it's really great to have Justin here today to talk through this with us. Justin Rangooni, welcome to the show. Great to be here again. Thanks for having me. Yeah, actually, that's a great correction or clarification. Welcome back to the show. So I think you're actually the first three Pete guests that we've had on the think energy podcast you've been on twice before, both times with my predecessor, Dan. So great for us to chat for the first time, but welcome back to Think energy for the third time.   Justin Rangooni  06:54 Oh, thank you. It's always good to have the Triple Crown, right? I'm happy to wear it   Trevor Freeman  06:59 and the first one too. So why don't we start right off the bat, Justin, if you don't mind, remind our listeners about the important role that energy storage can and will play for both customer needs as well as for grid management.   Justin Rangooni  07:16 Okay, so the best way to think of it is, there's an analogy that one of our members had always said, and we continue to use it when we talk about energy storage. And the great things that can do is that it's like bacon. It makes everything better. I don't eat bacon, but I take I understand the concept, and what that means is, if you look at from a grid management point of view, is that we have all in Ontario, we're lucky to have a pretty clean grid, if it's nuclear power, or it's water power, or it's intermittent generation like wind and solar and even some gas too, which is which is near zero carbon or don't have coal. So it's a clean grid, and energy storage can make that better in the sense that it will optimize those generation assets so we're not wasting it. So those days before we would hear about when energy is needed but the wind's not blowing, or the sun's not shining, or we don't need the energy and we have to spill water, or, you know, we may have to power down a ramp, down a bit of the nuclear ramp or the natural gas units. Now energy storage can make sure we don't waste that now we can collect that power when it's done, when it's when it's being done, when it's being made, and we're holding it for when it's needed. And from a grid management that is the real key. That is the game changer that energy storage provides. And if we break it down, to the customer themselves. You know, you're trying to think of now, not just helping keep the lights on. We're also talking about your rates now in terms of now we can kind of defer those investments in terms of more generation, because now you have energy storage that's getting more out of it. We're also talking from the distribution side about pools and wires. Maybe you don't you can defer those investments a little longer with more distributed, connected energy storage. So now the customer is starting to see the benefits of energy storage in their rates and in their electricity bill. And look, I just got an electric car. They're really excited about it, and I can see the possibilities of that car being a battery for my home, for my use, which, again, now maybe that's still a bit down the road with B to G and using it to power a residential energy storage unit in my house, but the possibilities are really endless. So this is really the exciting thing about energy storage, from a Grid Manager down to the customer,   Trevor Freeman  09:35 yeah, and I think it's important to think about the different contexts that energy storage can play, or the different roles that it can play for our individual customers, a homeowner, there's a role for storage there, and you get some of those benefits that you just mentioned, but then we can scale that all the way up to the grid level. And you know, us in the utility space also have some things that we can do with. Energy Storage, and like you said, we can manage things a little bit better. We don't have to waste that energy. We can generate it when it's cheap and hold on to it and use it when it's maybe a bit more difficult in those peak periods. So lots of different uses. Thanks for laying that out for us. Now we hear a lot about, you know, decentralization and community-based energy systems, kind of more control at the community level when it comes to energy what's the role of energy storage in systems like that?   Justin Rangooni  10:32 Well, I think that's energy storage can really make that a reality. Now, again, I think I'll go back to my example having an electric car. It seems like more getting closer to being more a prosumer than just a consumer now. So I can see the possibilities of using electric vehicle you could and then you start to pair that with other kind of your thermostat or your other smart technologies in your home. So now, when we're talking about decentralizing community based energy systems, the consumer, the utility, the system operator, you're all able to get in the space of playing with the technologies. And that's really again, where it gets kind of exciting that everyone's playing a role. There's different possibilities to use, and we think energy storage is the key to doing that, because it can store that energy when it's not needed, and you can use it when it's needed. And if the technology evolution continues, eventually, the homeowner, the business owner, can start to use that. I can use buy power from the cars. I can use my power that I'm generating myself or from the distribution grid. And now I can start to play with it and use it store overnight when rates are low or when there's excess supply. I could store that energy and use it when it's needed during the day. So really exciting times, and that's why we think energy storage is key to any decentralized or community based energy systems.   Trevor Freeman  11:51 Yeah, it really unlocks that ability to push control into the hands of the end user, whether that's the homeowner or the business owner. The community, kind of pushes it downstream into their hands. So as I mentioned up top, you've been on the show before. I think the last time was 2021 which, I mean, doesn't seem like that long ago, in some sense, and also seems like decades ago. What has changed in the world of energy storage since the last time you were on the show? Oh,   Justin Rangooni  12:20 oh, how much has changed? Geez, like that does seem like a very long time ago. I think the Toronto Raptors were only two years coming out of an NBA championship, and we thought maybe we'll get some more, get some more long playoff runs. And that's right, still living the high on that. That's right, or still living the high back then? Well, since 2021 like, a massive amount has changed in the sector. You know, we're seeing incredible growth across Canada. I think when we first chatted back then, you know, we were talking about the energy storage potential, specifically in Ontario. And since that time, we've seen one of the largest procurements for energy storage technologies, and really globally, take place in Ontario, with over 3000 megawatts of contract contracts awarded in that time, and we're looking at more in subsequent rounds of procurements for the rest of the decade, including one of the first of the kind procurements focused on long lead time or long duration energy storage technologies, which does get very interesting, because now you're looking just beyond batteries, or just beyond lithium batteries. Now you're looking at things that can store power, six, 812, hours, days, weeks, even seasons. If you really think about it, it's really exciting. We've seen the growth in Ontario. And it's not just there. You look across the country, Nova Scotia, since that time, announced 350 megawatt battery energy storage projects. Alberta already has over 100 megawatts providing value and what their market design consultation is going on now we expect to see a lot more. BC is a 600 megawatt target. Saskatchewan installed a 50 megawatt desk system. And you're looking at projects big and small, transmission, connected, dx connected, being announced, implemented, you know, across the country, and just more as we speak.   Trevor Freeman  13:59 Yeah. So those long lead was just maybe for my own curiosity. Everybody's probably pretty familiar with battery technology, and if you're not, it's really the same concept as the batteries you put in, I don't know, your remote control, or in your phone or your car. Now, scaled up, what are some of those technologies as that energy storage technology that provides that long duration storage time that you were just mentioning. So   Justin Rangooni  14:22 you're looking at possibly different battery chemistries, like zinc, vanadium, for instance, like, again, different elements critical minerals that are found that can actually do their technological process, and what it can hold, can hold that energy for even longer. So you're looking at different battery chemistries. You're also looking for different methods of energy storage, like compressed air. Wow, which, again, there's a Canadian company which is one of our members of hydro store, and is doing great work getting ready for that in other parts of the world, where it's basically taking air, compressing it into underground caverns, saving that energy potential, and then releasing it to. Create electricity when it's needed, then you have thermal storage. And again, some Canadian companies are really looking in and on that one in terms of using, you know, heating molten salts or molten rocks for thermal storage, and eating that, that energy potential, and using and keeping it there and then using it for when it's needed. And I go think back to the batteries. There's, there's easing, which is, which is an Ontario company based out of Etobicoke that's looking at zinc based batteries for that long duration, and not to mention even pump storage, which has been around for decades. And we heard a recent announcement of moving the ball forward on TC energy's pump storage project in medieval again, that's a long duration energy storage project, again, doing more, doing it more than the four hour lithium batteries, but you get all those options available for a system operator then, then it gets really interesting that they can see what they need and what time and what storage technology to to rely on.   Trevor Freeman  15:55 Yeah. So for our listeners, I mean, you might be familiar with hydro generation, you take water that's flowing downhill, whether it's a waterfall or just a river, and use that momentum to turn a turbine. Pumped Storage would be taking that that water, actually pumping it uphill and holding it there and then when you want to generate electricity, letting it flow down through the turbine, and just repeating that process over and over again. So thanks. Thanks for sharing that with us. I think it's important to recognize that like any technology, things kind of move forward. They iterate, they improve, and as we see more adoption that technology, it speeds up the process of that iteration, and we see jumps forward in the technology and its efficiency. So we've talked about the importance for grid management, for cost, sort of reliability, but there are folks out there whose main driver is reducing their carbon footprint. So understanding that energy use often has a carbon aspect to it, how can energy storage help, whether that's a business or an industry, help them reduce their carbon   Justin Rangooni  17:01 footprint? That's a great question. And what energy storage can do is, traditionally, before energy storage technologies started to mature and be more economically viable, like we're seeing right now, a lot of companies, a lot of new communities and had a lot of access to electricity, reliable electricity would use diesel generation as backup. So that's dirtier, that's like, it's not good for the environment. But now energy storage can provide that different option. Now you can install an energy storage system, smaller battery, for instance, to provide that backup system, if that's what the reason you need it. But again, because now you have that battery, well, it's not just there for backup. Now you can use it for helping smooth those peaks. A lot of industrial customers, especially Ontario too, are using behind what's called behind the meter energy storage to really help mitigate or manage that electricity use during peak times where they don't necessarily have to rely on the grid. They can use that battery that's installed. Again, low carbon footprint, if at all, you're just using the clean electricity that's on the grid to power that battery, and now you're using that battery and reducing the pressure that's on the grid during those peak periods. So not only decarbonization, you're applying reliability, and it's really good for affordability reasons, and so that's why you're seeing a lot of interest from the CNI type customers.   Trevor Freeman  18:19 Awesome. Are you seeing an increased pace in the adoption of energy storage? Are we kind of hitting that technology adoption curve where it's starting to pick up, or has it been relatively stable the last couple of   Justin Rangooni  18:32 years? Well, I would say we're still in the growth mode. And I always like to say that the sector is growing as us the association energy storage Canada's growing. Our members keep getting bigger. Our conference keeps getting bigger. The amount of submissions and work and like podcasts like this and getting questions about it continue to grow. And it goes with the sector that it's still growing. There are provinces like Ontario that are ahead of the game right now, but there's others that are coming now. Provinces like Saskatchewan is starting to look more at energy storage. So in a few years, they'll might be where Ontario is. So everyone's coming at different angles, and it's because of the technology advancements for energy storage. It's also the economics have started to go down, but it's also that they are seeing, we really need that reliable backup power, or reliable electricity to help keep the lights on while keeping rates low, and they're seeing energy storage, that's the option that they really need to look at. So we are way beyond now science experiments and pilot projects, but we're still not there where it's starting to plateau. I'm not sure when that happens. I hope maybe it never happens. Maybe it just keeps going. The technology will advance, but just keep happening. So it's a really fun kind of we're still riding the wave, I would say,   Trevor Freeman  19:41 Yeah, awesome. So you gave a bit of an outlook on the Canadian landscape. Are there other jurisdictions around the world that are real leaders when it comes to energy storage, you know, policy or adoption, or where they are, compared to Canada? You know   Justin Rangooni  19:55 what? We're starting to see that almost like everywhere. So obviously us, they lead. Their leaders, a lot of the ways, similar to us, their states have different priorities, different reasons for using it, just like we have our provinces. So states like California are have a lot of energy storage to make use of the intermittent solar generation that they have. Texas, also, maybe with solar, too, is using a lot of energy storage. But interesting, like the red state, the Republican state of Texas, is embracing innovative technologies like energy storage. Because, if you recall, during their winter storm they had they ran like their power was really short. So what did they look at going forward, saying, we need to make sure that we have a reliable system. And entered and they started to really embrace energy storage. So if it's decarbonization goals, if it's reliability goals, if it's a priority, goals are really driving a lot of the policy directions in the US, in Europe, in China, in Asia, China, Japan, Korea, they're all looking to install more energy storage. Again, it's not, it's not just like politically neutral. It's almost like country neutral, that you can put this anywhere. It's scalable, it's portable. And that's the beauty of energy storage.   Trevor Freeman  21:08 Yeah. I mean, it's a good reminder that when you get right down to it, when you cut through all the noise, good ideas, you know, kind of transcend politics and transcend political parties or rhetoric. If it's a good idea, it's a good idea and it's and it's going to happen. Okay? So I want to dive into a report that you kind of partnered with the Ontario Energy Association recently on the reports called from small to mighty unlocking ders to meet Ontario's electricity needs. So in this report, you outline a policy and regulatory framework that is aimed at enabling widespread adoption of DERs, which includes energy storage. Can you talk us through the main principles of that framework?   Justin Rangooni  21:52 Sure, and this is a great collaboration between the Ontario Energy Association trying to look at everyone's been talking about distributed energy storage or energy resources as kind of the next phase, the next piece of the energy puzzle in Ontario, and really for Canada. But we're looking Ontario here to meet our capacity needs that are being forecasted by the IEA. So, so what we thought working with the OEA was, can we come out with a paper that kind of looks at a roadmap to how do we really start to implement DERs, and that includes the utilities in Ontario, that includes the private entities and companies who want to install and own and help own and operate these DERs. So what this paper really looks at is, you know, it supports the development of an overarching policy and regulatory framework to enable DERs to play a much larger role in Ontario's electricity resource needs to support economic growth. So we're recommending that for Ontario government to issue policy directions to the Ontario Energy bowl or to the ISO to really enable LDCs like Hydro Ottawa led der procurements, as well as make grid modernization investments necessary to integrate and manage DERs, because we believe enabling an LDC led der procurement stream builds on LDCs existing responsibility and aligns with the development of future local markets for distribution services and really to play In that upcoming ISO wholesale market enhancements to better integrate DERs. So it's kind of bringing DERs into that game. So it's not just relying on centralized generation, which speaks really well to what energy storage kind of does. It's you can play in a wholesale market. It's a tech transmission connector. It could also be distribution connected. So that's why we consider it as a big piece of this der puzzle, distributed energy storage.   Trevor Freeman  23:43 Yeah. So I mean, you've outlined kind of that engagement piece and encouraging the regulatory bodies, our levels of government, to enable more DERs to happen. What does that engagement look like to support the industry's growth? How are you engaging with policymakers?   Justin Rangooni  24:00 Well, this is one of the great things of having a dedicated trade association, like energy stores. You know, we our team is growing. We're about six now. Across the country. We have a great we have fantastic 100, over 100 members, including Hydro Ottawa, who help us develop these policy submissions. And we have various working groups dedicated either Ontario wholesale or distributed energy storage or BC, Alberta, federal, Atlantic, Canada as well, what have you. And this is how we engage policy makers. We are able to tap into the expertise of our members and get their feedback and then bring that common consensus position focus exclusively on energy storage, nothing else. We do this 24 hours, seven days a week, 365, days a year, and we bring this to decision makers, if it's the regulator, the system operator and governments. So when we're talking about DERs, or we're talking about anything else, we're bringing that pure energy storage perspective that no one else can bring, and so they're seeing, i. Us is that trusted voice for the sector, and that's how we're really seeing a lot of momentum, and we are moving the ball down the   Trevor Freeman  25:06 field Great. What is the role that you guys play when it comes to fostering innovation and investment in new storage solutions? It's kind of that, you know, iterative process where technology improves over time. How are you and how is it energy storage Canada sort of helping speed that along. I   Justin Rangooni  25:25 think one of the best examples was with Ontario's procurement. They were really interested in long lead time, or long duration energy storage. So to help ISO get comfortable with the concept, because of our membership continues to grow, we have members who are dedicated to long energy storage. So we were able to facilitate introductions. We were able to group meetings, bring them to talk about their technologies to the ISO. And we'll do this again. We'll replicate this across the country as well. And it gets the ISO comfortable where they can ask all the questions that they could ever have about that into that company's LDS technology. And it gets them comfortable to start to frame the procurement so they'll know what technologies are available now, what technology may be available in, say, five years time, but then they can start applying so this is how we foster innovation and new storage solutions. We bring our members, facilitate those meetings with decision makers, and that really, can really start to get things moving   Trevor Freeman  26:18 when it comes to those new technology. So you mentioned, you know, having line of sight into what's coming five years down the road. I know earlier in the conversation, we were talking about, you know, different battery chemistries, different technologies. Is there anything coming up that isn't viable today or doesn't work today, or we may not be aware of today that you see as the next thing, the next technology that looks promising for deployment in the coming five or 10 years.   Justin Rangooni  26:45 You know what I would think a better way to look at it is, I think there's a knowledgeable a lot of the existing technologies, even if you look at lithium batteries, which is the most prevalent right now, where lithium batteries will be in five years, will probably look a lot different than it is now in terms of its efficiency, of how long, how many hours, it could be considered a long duration asset in five years time. And you can think of any of the other newer technologies that are coming now saying, oh, you know, I'm ready now. Or I need a long lead time. It might take me a year to have built in five years time that that, construction timeline could be shorter. So in this nascent sector, which is really brewing with so many great ideas and innovation, it's going to change year to year. Who knows by the end of the decade, how many different types of energy storage technologies are viable right now? That's what I'm really excited about. Where a system operator somewhere in this country will say, I need some capacity now. And now they could almost do it as the menu. I could pick the location I need it in, I need I need a certain duration, I need a certain size. And they can look at the menu of energy storage technologies that are really available now and start to kind of pick them off and say, Well, maybe, maybe this combination will really   Trevor Freeman  27:57 work. Yeah, having options really addresses multiple needs and different folks that have different drivers can sort of pick and choose what makes the most sense for them. Like any new technology or newer technology, it often starts with, you know, high capital costs. Those with the deep pockets are able to really engage in it first, but then over time, that comes down. So I'm curious, kind of, on the economics of it. Are there any trends that you're seeing when it comes to investment in energy storage projects in Canada that you're seeing over time? Yeah, I   Justin Rangooni  28:31 think there's a couple of buckets you can look at. You can look at, like strategic government support for programs. So when we first started, I think when we first talked, probably in 2021 where I just, kind of, I started in 2019 in this role, and we were talking to the federal government, saying, you grab all these great programs for other generation assets, why not create one for energy storage that can start to really help the project economics? So they created the smart renewable electricity Pathways Program. Then came the investment tax credits. So those are great examples of government support programs to really help this sector as it's growing. Will those be needed in five years plus time? Maybe not, maybe not. Maybe then it try, maybe it pivots to the newer energy storage technologies to help so but strategic government support is a is a great driver of it. You saw that in the US with their investment Reduction Act program, the RR, the IRA, which started to launch a lot of ITCs for different energy technologies, like energy store. And you saw the market boom. It really started making the economics better. And it just made helped on rates, where people were able to start looking at different innovative technologies. So strategic government support is key private sector engagement as well. And you're looking at that on the the AI start of things like the big data centers. They want to power their own clean supply of generation, and they're going to need energy storage to provide that 24/7 power. So they're willing to dole out money for. Are ESG goals as well. There's companies, hopefully still out there who still want to pursue ESG goals. So they're going to be looking at cleaner energy solutions and help and energy storage obviously plays a role in there. There's international collaborations with different governments, where Canada's part of talking about, you know, what can we do to share R and D to really advance different sorts of technologies. So really, it's government, it's the public, it's public together, and it's private altogether, doing this investment trends.   Trevor Freeman  30:30 Yeah, I mean, great answer, and you kind of answered my next question, or my follow up question, which is, what are some of the levers that we can lean on to encourage investment and to sort of speed up that investment. And I think you've hit the nail on the head there of the role that sort of government can play. We've talked on the show before about the role that government can play in sort of jump starting technology and using investments and tax credits to help get nascent technology off the ground until it's market ready. And we're seeing that in the in the storage space, the role of, you know, private entities with strong drivers, like data centers, for example, to come in and say, look, we've got a need here, and we see that energy storage can fulfill part of that need, and we're willing to pay in order to make that happen. And that also helps move the industry along and move the technology forward. So those are great examples. Thanks for highlighting that. Let's dive in a little bit into the technology. Here. One question that often comes up, maybe by by those more resistant to the technology, is, well, what about end of life? What about the environmental impacts when it comes to, you know, battery storage, in particular, the rare earth metals that go into that the mining required. Talk to us a little bit about some of the sustainability considerations regarding batteries, end of life. Can they be recycled? What? What happens? How are we mitigating that, that environmental impact?   Justin Rangooni  32:01 Yeah, I think these are excellent questions to ask, if you look on the recycling end of life, because we're at kind of the starting point of enabling energy storage. We're talking about batteries, specifically with these recent Ontario contracts. So these are 20 years contracts, so these batteries are going to last a while. You know? They might get replaced every 10 years. But what you're seeing is a lot of interesting Canadian companies. So there's a store, there's there BC, for example, is looking to be one of the leaders in not just EV, not just battery energy storage recycling, but electric vehicles and other recycling as well. So companies like tax and moment energy are taking you this opportunity while this window is open right now, see, how is it best to recycle these batteries? So either you're going to break them down to recycle them as much as you can in the most environmentally sensitive way, or can you now repurpose them? So a lot are looking at electric vehicle batteries that may come to life much sooner than battery energy storage system, let's say six to eight years, then repurposing those to say, well, we can get more life out of these. Could be battery, energy, standalone systems for another eight to 10 years. So there are recycling options, there's refurbishing options, and then there's just breaking down the components. And here is the opportunity for Canada to be a leader. You have this window. So there's interest, there's, there's, there's startup companies, and there's a lot of interest. So if Canada could do this, right, you know, we could be a leader in the recycling of EVs and battery energy storage.   Trevor Freeman  33:29 Yeah, it's like, it's the old. I don't know if it's a cliche or an adage, but somebody's problem is another person's opportunity, right? The challenge of a new technology, having a battery that gets to end of life at some point creates opportunity, whether that's in the recycling of it or and I'm glad you brought that up. It's one of my favorite examples or potential use cases of you know, an EV battery gets to the point where it can no longer provide the required power for moving a car down the highway at highway speeds, but it still can provide the kind of power that a house might need for backup power, for peak shaving or for reliability, whatever the case may be. So just because it's end of life in one use case doesn't necessarily mean it's end of life in another use case. I think that's a great example. I really like hearing that one. So one other thing that comes up when we talk about these maybe larger scale battery energy storage installations is safety, public safety. And there's a bit of a question mark, I think, in the public mind of, well, are these safe? Are we going to be at risk if we're near to one of these facilities? I think people are generally familiar with or even maybe even if they aren't familiar with it, they feel like they are when it comes to other types of generation, for example. But battery is a bit of an unknown. Are these battery installations? Are they safe? What are some of the safety considerations, and how is the industry addressing those?   Justin Rangooni  34:58 No and. And the short answer is, these are safe. As you mentioned at the outset, this technology is the same lithium batteries that are in your phone that you might put near your head when you're falling asleep, that you're plugging in overnight you're in your kitchen or your living room, what have you now, because they are bigger scale and the questions there they have to follow the correct procedures and installation. So what we rely on, obviously, our members adhere to the latest safety standards, the latest fire safety measures that have to take in the low risk that this might happen. What we also do, and we'll make a plug for these two members of ours who have been really helpful to us. It's Hillier Safety Group. Hillier and energy safety response group. So these are two members of ours who have especially with esrg. They are there. They are firefighters and ex firefighters who test batteries, energy storage system to and then take learnings and best practices from it. So we've encouraged and esrg goes out with our members. They go with the ISO. They do webinars that we host with them, speaking about how as a firefighter, they say, we test these things if they're installed correctly, if you're using the correct like a reputable company, and you ask about the mitigation measures these things are safe and in the low risk that these things might catch on fire by letting it burn out. It might not look so good sometimes, but that is actually the safest way. And there have been instances which I think were referenced and people talk about like in New York, and there was one in Los Angeles and and it, and they've done studies after this to say, Okay, what was the impact after nothing in the air, nothing in the soil, nothing in the water, it just burned itself out. Now, as the technology in the sector advances, you're going to see a lower risk of that. The numbers in the US actually say be as the number of battery in energy storage systems have increased, the incidence of these risks have gone down dramatically. And the reason is that technology is advancing. The safety measures are advancing, the standards are are advancing. So these things are becoming safer and safer. But if you're a community member and you have questions, ask the developer these questions. Say to them, what battery are you using? Is this a reputable company? How many What measures do you have in place in case something does happen? And these are all great questions to ask, and those who are our members of energy storage Canada, you know they will, they will be able to answer those and provide that comfort.   Trevor Freeman  37:27 Absolutely great, good answer. Okay, final question here, What is the long term vision for energy storage Canada? You know, we're seeing movement in the sector. We're seeing more adoption. Where do you kind of see your organization, your association, going in the coming years. We expect   Justin Rangooni  37:46 it to continue to grow as the sector grows. And really what we want to see is that in every jurisdiction, with every utility, and soon to get down to the residential that they're seeing energy storage technologies as a viable option. So if you're a system operator, or you're a government and you're looking at the supply mix and saying, Well, how are we going to make sure we can keep the lights on while keeping rates low, energy storage is like, if not the first option, it is up there. And that's really the vision. Now this is seen as a mainstream resource, that it is no question that you wouldn't look at energy storage as part of your solution, on the distribution level or at the transmission level. So the very exciting vision, and again, we talked about the residential and becoming a prosumer, and then that really is the opportunities start to become even more endless.   Trevor Freeman  38:34 Yeah, it's one of the things. I mean, our listeners are probably roll their eyes because they hear me say this all the time. But one of the things I like about being in this sector, this kind of energy space, is exactly that you can see the vision for how these various technologies, these strategies, this sort of new way of dealing with energy, seem really exciting and really cool, but they're also not that far down the road, like we're in the midst of this change when it comes to all this technology, I think energy storage is a perfect example of that, where just a couple years ago, maybe four or five years ago, it was hard to even imagine where we are today and where we'll be in the very near future, because things are changing so fast. So I share your excitement for that vision. Thanks for sharing that with us, and no doubt, energy storage Canada will have a big role to play in that today and in the years to come. Justin, thanks very much for this conversation. We do always end our interviews with a series of questions, so I'm going to fire those at you now, and we'll see. We'll see what you come up with. So first question is always, what's a book that you've read that you think everybody should read? Okay,   Justin Rangooni  39:45 that's a great question. This is my favorite part of these podcast interviews, really. Um, we saw a little political jump junkie who likes Pulitzer Prize winning books, so I kind of focus on political history. So if you want. Ever want to read any of those that are the best? I would say the Teddy Roosevelt trilogy by Edwin Morris is a must read. They're fantastic. So that's when I read those. I'm like, Okay, this was, are you gonna top this? So you're always chasing that next book to read like that. That's   Trevor Freeman  40:16 awesome. I just as a complete aside, my kids school does this big used book sale every year, and it was just this past weekend, and you never know what you're going to find when you're like, wandering through the aisles and there's books there that you never heard of, and you pick something up. So I have this new stack of books at home that I can dive through, and I'm the same with you. I like to, yeah, read about some historical figure or some, like, important period when it comes to policy, and just kind of, yeah, try and get myself into that headspace. So, same question, but for a movie or a show, what's a movie or show you watch that you think everybody should   Justin Rangooni  40:52 Oh, well, it's gonna take, like, almost the exact opposite of like, seriousness. But you know, the officer Veep, you know you can go to those anytime, like just long lasting stand up. I think we're gonna be watching those episodes in the next 30 years, even though Veep is getting kind of more real than I think they originally thought.   Trevor Freeman  41:13 And yeah, in a kind of scary way, but I hear you, yeah, it's good to have those classics that you can always go back to if someone offered you a free round trip anywhere in the world, where   Justin Rangooni  41:24 would you go? Well, as we're taping this, and it's winter and it's cold and there's snow, probably somewhere like Fiji or Bora, Bora, where it's warm and there's beaches, so especially the warmth is where we're really emphasizing right now, I hear you in February.   Trevor Freeman  41:39 Yeah, absolutely. That's the joy and the curse of living in Canada. Who is someone that you admire?   Justin Rangooni  41:47 Well, I'd say you for doing these podcasts, but that is pretty cool that you're doing. Nate, so I appreciate it. You're on the list. Otherwise, I would say otherwise, frontline workers, you know, for even talking about even our sector, you know, you got lines men, you got people who are putting their lives on the line, nurses, teachers, doctors, police officers. You know, those who, every day are putting are on that front lines to do something for others. I think that's those are the real heroes out there.   Trevor Freeman  42:15 Awesome, great answer. And finally, what's something about the energy sector or its future that you're really excited about. And I know we kind of just talked about this, but I'll let you, I'll let you elaborate.   Justin Rangooni  42:26 Oh, it's an easy one, that it's continually evolving like nothing is stagnant. The way things are. We've seen today are going to change tomorrow, and energy storage is a fantastic example of that, where we first talked to 2021 Oh, we were just getting started now. Here we are, and the momentum is growing. If you have me again in another couple years, who knows where we're going to be at that time? So it's really exciting to see where, where it's going.   Trevor Freeman  42:50 Absolutely awesome. Great answer. Justin, thanks very much for your time. I appreciate the conversation. I appreciate your passion and excitement for this pretty cool technology that's going to have a big role to play as we kind of navigate this energy transition, and really already is playing a big role. So thanks for coming on. Thanks for your time and appreciate the   Speaker 1  43:08 conversation. Thanks for having me, Trevor talk again, my friend, awesome. Take care.   Trevor Freeman  43:15 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. 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 think energy, at hydro ottawa.com, you.  

Enerji Günlüğü Haber Bülteni:Türkiye'nin ve Dünyanın Enerji Gündemienerjigunlugu.net

Welcome back to The Hydrogen Podcast! I'm Paul Rodden, and today we're breaking down two major hydrogen headlines that could reshape the global energy landscape:

Artificial intelligence is transforming our world — and the energy sector. Earlier this year, the International Energy Agency (IEA) released a comprehensive report examining both AI's projected energy demands and how it  might reshape energy systems. But while headlines often raise alarms around electricity demand growth, the reality is more nuanced and complex. While data centers currently account for just 1.5% of global electricity use, that share is expected to double by 2030, driven largely by the growth of AI. In some regions, particularly in the US, data centers could account for nearly half of all electricity demand growth in the coming years. So how should we understand the relationship between AI and energy? What does this mean for power systems around the world? Is artificial intelligence a friend or foe to the clean energy transition? This week, Jason Bordoff speaks with Laura Cozzi, about the IEA's findings on AI's energy demands. Laura is the chief energy modeler at the International Energy Agency, and its director of sustainability, technology, and outlooks. She oversees the IEA's analytical work on energy, climate, and economic modeling, and led the team that produced the agency's report on artificial intelligence and energy. Credits: Hosted by Jason Bordoff and Bill Loveless. Produced by Mary Catherine O'Connor, Caroline Pitman, and Kyu Lee. Engineering by Gregory Vilfranc.  

Umetna inteligenca velja za tehnologijo, ki bo definirala 21. stoletje. Predvidena vlaganja vanjo v naslednjih nekaj letih gredo globalno gledano v bilijone dolarjev. Ob tem se bo občutno povečala tudi poraba elektrike, po ocenah IEA za štirikrat v le petih letih. Novi podatkovni centri se tako vse bolj načrtujejo skupaj s lastnim virom energije, od jedrskih elektrarn do polj vetrnic. Zakaj je sodobna umetna inteligenca tako lačna energije, koliko energije terja eno vprašanje ChatGPT-ju in kaj se pravzaprav dogaja v sodobnih podatkovnih centrih, so preverjali v oddaji Intelekta, ki jo vnovič predvajamo v oddaji Studio ob 17.00. Gostje: dr. Andrej Filipčič, Inštitut Jožef Stefan in Univerza v Novi Gorici; dr. Iztok Lebar Bajec, Fakulteta za računalništvo in informatiko Univerze v Ljubljani; dr. Uroš Lotrič, Fakulteta za računalništvo in informatiko Univerze v Ljubljani; dr. Patricia Bulić, Fakulteta za računalništvo in informatiko Univerze v Ljubljani.

IEA預測今年全球電動車銷售將突破2000萬輛，中國、歐洲成長強勁，轉型大勢依舊。但美國卻逆風而行——從補貼退場、油價偏低到川普反撲，讓電動車政策與民意同步轉向，「綠反挫」成為國際焦點。 台灣如何因應這場轉型分流？ 從產業佈局到電動機車推動，從充電設施不足到消費者不買單，政策目標喊得響，但落地難度高。 本集專訪邱俊榮教授，從美國市場風向變化談到台灣內部的轉型焦慮與機會。 #台達基金會 #氣候戰役在台灣 ★本集重點： 1️⃣ 全球電動車持續成長，但美國成「綠反挫」震央 2️⃣ 台灣機車電動化卡關：從產業現實到政策盲點 3️⃣ 公正轉型不能只靠補助，更要跨部會協調與長期調適 Powered by Firstory Hosting

The Future of Geothermal. What is it and how does it play out? The recent report by the IEA with the aforementioned title "The Future of Geothermal" goes into detail on the past, present and future of geothermal, new technologies, startups, oil and gas crossover, and so much more. It is well worth a read, but in the meantime, I sat down with Heymi Bahar, a senior analyst with the IEA to talk about the report in detail, giving a view into what the future may indeed hold for this amazing resource - the heat beneath our feet.  Heymi Bahar https://www.linkedin.com/in/heymi-bahar/IEA https://www.linkedin.com/company/international-energy-agency/posts/?feedView=allHeymi's Book Recommendation The Perfectionist: Life and death in Haue cuisine by Stephen Chelminski Nick Cestari https://www.linkedin.com/in/nick-cestari-48059268/CORE Knowledge https://www.linkedin.com/company/core-geothermal

Welcome to The Hydrogen Podcast! I'm Paul Rodden, and today kicks off Part 1 of our special two-part series on building the U.S. hydrogen economy by 2035. In this episode, we break down the four core hydrogen production technologies shaping America's clean energy strategy:

Chris Snowden of the IEA, a neoliberal think tank, joins Ava in the JOETowers basement to talk smoking, gambling, and threats to the neoliberal way of life. Hosted on Acast. See acast.com/privacy for more information.

欢迎收听雪球出品的财经有深度，雪球，国内领先的集投资交流交易一体的综合财富管理平台，聪明的投资者都在这里。今天分享的内容叫伊以冲突与全球能源市场脆弱性分析，来自航向向东。当前伊以冲突已超越单纯军事对抗，演变为对全球能源供应链的战略性威胁。尽管冲突尚未直接导致霍尔木兹海峡全面封锁或伊朗石油产能崩溃，但其潜在破坏力已引发市场恐慌性溢价。根据BCA Research报告，未来六个月全球石油供应面临超过1000万桶/日重大冲击的概率高达55%，这将使油价波动幅度达到50%-100%。与历史石油危机相比，当前局势在供应中断规模上可能不及1973年或1979年，但在市场心理层面已形成类似1970年代的恐慌情绪，且叠加了地缘政治风险溢价和供应链脆弱性。面对这一挑战，OPEC+的备用产能和美国页岩油的增产潜力难以完全弥补潜在缺口，而国际能源署战略石油储备释放的协同效应有限，这使得全球能源市场正站在”如履薄冰”的关键节点。一、伊朗石油供应与霍尔木兹海峡的战略地位伊朗作为全球第七大石油生产国，其能源地位不容忽视。截至2025年4月，伊朗原油产量约为331万桶/日，位居OPEC第三大产油国。伊朗石油出口量在2025年5月约为166万桶/日，但冲突爆发后激增至233万桶/日，显示其短期产能未受显著影响。然而，伊朗石油出口高度依赖灰色渠道，约90%流向远东，其余出口至叙利亚、委内瑞拉等国家。这种非正规贸易网络面临美国制裁的持续压力，2024年灰色船队的出口量已从120万桶/日收缩至约80万桶/日。霍尔木兹海峡的战略地位更为关键。这条位于伊朗与阿曼之间的狭窄水道是全球能源运输的咽喉要道。每天约有2090万桶原油通过该海峡，占全球石油液体消费量的21%。其中，伊朗、沙特、阿联酋、伊拉克、科威特和卡塔尔等波斯湾国家的石油出口几乎全部依赖这一通道。更值得注意的是，通过霍尔木兹海峡的石油运输中有83%流向亚太地区，这意味着该地区对霍尔木兹海峡的依赖度最高。冲突爆发后，霍尔木兹海峡的航运流量已出现初步变化。联合海事信息中心(JMIC)数据显示，6月15日通过该海峡的货轮数量为111艘，较6月12日的116艘略有减少，降幅约4%。尽管关键石油基础设施尚未受到重大干扰，但航运公司已开始采取规避措施。BIMCO首席安全与安保官拉森表示：“越来越多的货船正选择远离红海和波斯湾，以及具有重要战略意义的霍尔木兹海峡。”Frontline首席执行官拉斯·巴斯塔德也确认：“我们现已全面暂停签署进入波斯湾的新合约。”值得注意的是，伊朗封锁霍尔木兹海峡的能力虽存在，但其实施意愿受到多重制约。伊朗拥有2000-3000枚水雷和射程超过300公里的反舰导弹，理论上具备封锁海峡的能力。然而，伊朗经济严重依赖石油出口，封锁海峡将导致自身石油出口停滞，造成经济崩溃。此外，1988年美伊霍尔木兹海峡之战中，伊朗海军遭受重创，几艘主力军舰被美国海军编队击沉或击伤，几乎全军覆没。这一历史教训使伊朗对封锁海峡的军事后果保持警惕。二、当前局势与历史石油危机的对比分析伊以冲突引发的能源危机风险与历史上三次重大石油危机有相似之处，但也存在显著差异。1973年石油危机由OPEC对以色列实施禁运引发，全球供应减少约750万桶/日，油价从13美元/桶飙升至54美元/桶，持续时间约1年。1979年石油危机由伊朗伊斯兰革命引发，伊朗产量从580万桶/日骤降至100万桶/日，叠加两伊战争，全球供应缺口扩大至约600万桶/日，油价从13美元/桶飙升至35美元/桶，持续约2年。1990年海湾战争由伊拉克入侵科威特引发，导致两国约400万桶/日的供应中断，油价从21美元/桶涨至46美元/桶，持续9个月。当前局势与历史危机的相似性主要体现在：冲突直接威胁能源基础设施，引发市场恐慌性溢价；关键产油国产量可能因冲突而下降；地缘政治风险溢价推高油价。例如，伊朗已威胁关闭霍尔木兹海峡，这与1973年OPEC禁运和1979年伊朗革命时的威胁相似。同时，以色列对伊朗能源设施的打击可能导致伊朗石油产量下降，与历史上产油国产能崩溃的模式相似。然而，当前局势与历史危机也存在显著差异：供应中断规模与范围、市场机制变化、地缘政治参与方、经济背景差异。具体而言：当前局势最显著的差异在于供应中断规模与范围。伊朗当前出口量仅占全球4%，即使完全中断，缺口也仅为170万桶/日，远小于历史危机中的中断规模。此外，当前冲突未引发产油国集体行动，且主要集中在伊朗与以色列之间，未直接波及沙特等核心产油国。三、全球能源市场应对供应中断的能力评估面对潜在的石油供应中断，全球能源市场拥有多层次的应对机制，但其有效性受到多重制约。OPEC+的备用产能是市场的主要缓冲力量，但根据高盛2025年6月报告，当前OPEC+实际产能利用率已达89.7%，其中沙特、阿联酋等核心产油国的剩余产能仅存550万桶/日，接近历史低位。即使沙特理论上具备250万桶/日的增产空间，阿联酋宣称485万桶/日的最大生产能力，但实际增产能力受到长期减产政策和投资不足的限制。例如，沙特近年来将资源转向其他项目，停止扩充备用产能，这使其在应对突发危机时的灵活性大打折扣。美国页岩油是另一个重要的供应缓冲。截至2025年7月，美国页岩油产量预计将达到1320万桶/日，创历史新高。然而，页岩油的增产潜力受到钻井数和完井周期的制约。2025年贝克休斯活跃石油钻机数量为394台，尽管与2024年相比增加了181台，但仍处于历史较低水平。钻机数量上升通常滞后于原油价格上涨约4-6个月，这意味着即使油价飙升，页岩油企业也需要时间才能实现产量增长。此外，页岩油产量的提升更多是依靠DUC，而当前DUC库存已降至2013年以来的最低水平，这进一步限制了页岩油的增产能力。国际能源署战略石油储备是应对短期供应中断的重要工具。摩根大通分析师指出：“全球国家极不可能'协同释放战略石油储备'。”即使在2022年俄乌冲突期间，除美国外的IEA成员国也仅同意释放6000万桶石油储备，远低于美国的1.8亿桶。此外，战略石油储备的释放存在时间滞后，从宣布到实际投放市场通常需要2周以上的时间，这使得储备释放难以应对突发的供应中断。非OPEC产油国的产能释放也是市场关注的焦点。巴西深海油田、圭亚那陆上区块的新增产能持续释放，2025年非OPEC国家原油产量增速预计达2.3%。然而，这些新增产能主要集中在特定区域，且运输路线受限，无法完全替代霍尔木兹海峡的运输量。例如，巴西石油需要通过海运抵达亚洲市场，而圭亚那石油则主要面向美国市场。四、价格波动幅度预测与市场心理分析基于当前局势和历史经验，重大供应冲击将导致油价波动幅度达到50%-100%，远超当前市场预期。这一预测基于三个关键因素：潜在供应中断规模、市场恐慌溢价、以及备用产能释放的滞后性。首先，潜在供应中断规模可能远超当前实际影响。伊朗已威胁关闭霍尔木兹海峡，若实施将导致每天约2000万桶的石油运输中断。虽然伊朗不太可能全面封锁海峡，但”灰色干扰”手段可能导致运输成本上升和风险溢价增加。此外，以色列已打击伊朗的炼油厂、储油设施和天然气加工厂，若冲突升级，可能进一步破坏伊朗的能源基础设施，导致产量下降。其次，市场恐慌溢价已显著上升。布伦特原油期货价格在6月13日袭击事件后单日暴涨13%，创俄乌冲突以来最高涨幅。这一涨幅远超实际供应中断的影响，主要源于市场对潜在供应风险的恐慌性预期。恐慌溢价的持续存在将使油价波动幅度扩大，即使供应中断规模有限，也可能引发50%-100%的价格波动。再者，备用产能释放的滞后性将加剧价格波动。OPEC+的备用产能和美国页岩油的增产潜力需要3-6个月才能完全释放，而供应中断可能在短期内发生，这种时间差将导致油价在短期内大幅波动。此外，战略石油储备的释放也存在时间滞后，从宣布到实际投放市场通常需要2周以上的时间，这使得储备释放难以应对突发的供应中断。与历史石油危机相比，当前市场对价格波动的承受能力有所增强，但仍有脆弱性。1973年油价上涨315%和1979年上涨169%均导致全球经济衰退，而当前全球经济对高油价的承受能力因能源结构多元化而增强。例如，美国页岩油产量的大幅增长使其对中东石油的依赖度显著下降，从2010年的60%降至2025年的30%以下。此外，远东等新兴经济体在能源消费结构上更加多元化，减少了对单一能源的依赖。然而，当前全球经济仍面临通胀压力，高油价将进一步加剧这一压力，对经济复苏构成挑战。五、供应链多元化与地缘政治风险溢价伊以冲突引发的能源危机风险凸显了全球能源供应链的脆弱性，同时也加速了供应链多元化进程。供应链多元化已成为应对地缘政治风险的主要策略，包括运输路线多元化、供应来源多元化和能源消费结构多元化。运输路线多元化方面，油轮运费因绕行好望角单日飙升24%，VLCC日均收益达5.1万美元。这种运费上涨反映了市场对霍尔木兹海峡安全风险的担忧，以及对替代运输路线的迫切需求。然而，绕行路线无法完全替代霍尔木兹海峡的运输量，因为绕行增加了运输时间和成本，且需要更多的油轮运力。例如，绕行好望角的运输时间比经霍尔木兹海峡长30%-40%，这使得替代运输路线的经济性受到挑战。供应来源多元化方面，远东等主要进口国已开始减少对伊朗石油的依赖。然而，这种多元化进程仍面临挑战，因为沙特等国的石油出口也依赖霍尔木兹海峡，且其备用产能有限。例如，沙特2025年的备用产能约为190万桶/日，远低于其2020年疫情前的250万桶/日水平。地缘政治风险溢价已成为油价的重要组成部分。高盛分析指出，当前布伦特原油期货价格中的地缘政治风险溢价约为10美元/桶，主要源于中东局势的不确定性。这一溢价已部分反映了市场对潜在供应中断的担忧，但若冲突升级，溢价可能进一步上升。例如，若伊朗采取极端措施，如关闭霍尔木兹海峡或袭击地区石油基础设施，油价可能飙升至每桶超过94美元，市场反应将极为剧烈。六、全球能源市场前景面对伊以冲突引发的能源危机风险，全球能源市场前景复杂多变，需要采取多层次的应对策略。短期来看，市场将维持”乱而不战”的紧张态势，油价波动性将显著增加。布伦特原油价格可能在75-80美元/桶区间波动，较当前水平存在6.5%-10%的上行空间。这种波动性将主要由地缘政治风险溢价驱动，而非实际供应中断。中长期来看，能源市场将经历结构性调整。一方面，OPEC+的备用产能有限且高度集中于沙特和阿联酋，这使得全球市场在面对伊朗危机时显得脆弱不堪。高盛预测，OPEC+将于2025年8月正式结束持续14个月的增产周期，届时全球原油市场供需格局可能迎来结构性调整。另一方面，美国页岩油、巴西深海油田等非OPEC产能的持续释放将为市场提供一定缓冲，但其增产潜力受到钻井数和完井周期的制约。七、结论与展望若冲突升级导致伊朗石油产能大幅下降或霍尔木兹海峡运输受阻，全球能源市场将面临严峻考验。面对这一挑战，各国需采取多层次的应对策略，包括加强战略石油储备管理、推动能源消费结构多元化、加强国际能源合作等。能源转型将是长期应对地缘政治风险的关键，但短期内仍需依赖传统石油供应。因此，维护中东地区的能源安全稳定对全球经济发展至关重要。未来六个月，伊以冲突的走向将直接影响全球能源市场。BCA Research预测的三种情景各有不同的影响路径。无论哪种情景，全球能源市场都将面临不同程度的供应中断风险，油价波动幅度可能达到50%-100%，这将对全球经济复苏构成挑战。因此，各国需保持警惕，及时调整能源政策，以应对可能的能源危机。

Kate Roncarati Paul is the head coach of the Northeastern University Equestrian Team and has led an IEA team since 2018—both heading to nationals this year. She began as a working student and competed primarily on the local circuit before studying equine science at Mount Ida College, where she captained the IHSA team. After college, she worked under her former coach, Julie Chandler (Kelly), and returned to Massachusetts in 2017 to rejoin her at Cranberry Acres in Marshfield, MA—now home to both her teams. This year marks a milestone, with Northeastern making its first-ever appearance at IHSA Nationals.

Today we're excited to welcome Patrick White, Group Lead for Fusion Energy Safety and Regulation at the Clean Air Task Force (CATF), and Nicholas McMurray, Managing Director of International and Nuclear Policy at ClearPath. Patrick recently joined CATF and leads the organization's international working group focused on fusion energy safety, waste, and non-proliferation. He holds a Ph.D. in Nuclear Science and Engineering from MIT and previously served as Research Director at the Nuclear Innovation Alliance. Niko is an expert in industrial policy, nuclear energy policy, and regulation. He has been with ClearPath since 2019 and formerly served as a Materials Engineer at the U.S. Nuclear Regulatory Commission (NRC). A few weeks ago, Veriten partnered with CATF and ClearPath to publish a paper calling out reforms to NRC processes and procedures to accelerate the deployment of new nuclear reactors; establishing a more efficient regulatory framework for new and advanced reactors (paper linked here). We were thrilled to host Patrick and Niko for a discussion on the paper and broader trends in the nuclear landscape. Brett Rampal, Senior Director of Nuclear and Power Strategy at Veriten, joined for the conversation and led Veriten's contribution to the paper. In our discussion, Patrick and Niko share background on their organizations' missions and long-standing support for nuclear. We explore the need to demystify and modernize NRC processes to accommodate next-generation nuclear technologies, challenges with current regulatory frameworks originally designed for traditional large light-water reactors, the role of licensing structures and the value of more flexible licensing pathways, and the motivation behind their recent paper, which aims to provide actionable, bipartisan policy suggestions to enable nuclear deployment at scale. We examine the historical development and regulatory evolution of power versus non-power reactor definitions, how those distinctions have blurred over time, the shift toward performance-based regulation, and the commercial implications of licensing small reactors under Class 103. We discuss the importance of consistent terminology and regulatory clarity in advancing new nuclear technologies, whether the NRC's internal culture can evolve to support faster deployment without compromising safety, the NRC's broader oversight role beyond reactors including medical and industrial applications of radioactive materials, and congressional support for NRC modernization. Patrick and Niko provide insights into international regulatory approaches, such as performance-based models used in the UK, France, and Canada, the critical need to earn public trust through rigorous and efficient safety regulation, the feasibility of President Trump's goal of having 10 new reactors under construction by 2030, challenges beyond regulation, and much more. We greatly enjoyed the conversation. To start the show, Mike Bradley noted that the S&P 500 closed modestly lower on the day, while crude oil prices caught a bid amid escalating tensions in the Mideast. On the bond front, the 10-year bond yield (~4.4%) has pulled back over the last few days as markets await the outcome of the June 18th FOMC rate decision meeting. Consensus is for no change in interest rates at this FOMC meeting, but a cut is expected at the September meeting. From a crude oil market standpoint, WTI price has spiked by >$10/bbl to ~$74/bbl over the last five trading days due to the Iranian-Israeli military conflict. While Veriten isn't in the business of making short-term crude oil price calls based on supply disruption threats, we continue to emphasize that global oil demand growth projections are a more vital determinant for intermediate-term oil prices. On the global S/D front, the IEA recently modeled global oil demand peaking in 2029 (China in 2027), contra

Lindsay Shaw began riding at the age of 8 with an ever growing passion for the sport and horses. Lindsay attended the Grier School, having the top Interscholastic Equestrian program in the country, from 8th -12th grade and competed in USEF, USDF, and IEA shows with her team. She attended Emory & Henry University in 2020 and competed at IDA and IHSA shows. While at Emory & Henry, Lindsay earned the Female Newcomer Athlete of the Year for the 2020-2021 season and was Champion in First Level at IDA Nationals, helping her team win a national championship in 2024. Lindsay now works at her alma mater, Grier School, as an Admissions and Marketing Associate and Assistant Director of Summer Camp. 

This week, our special guest is Daniel Yergin, Vice Chairman of S&P Global and Chairman of S&P's CERAWeek conference. Daniel is the Pulitzer Prize-winning author of “The Prize: The Epic Quest for Oil, Money, and Power”. His most recent book is “The New Map: Energy, Climate, and the Clash of Nations”. Please note that the interview with Daniel Yergin was recorded on June 11th, before the Israel and Iran conflict began on June 13th, 2025. Here are some of the questions Peter and Jackie asked Daniel Yergin: Why did you describe the energy transition as troubled and in need of a pragmatic path forward? Do you believe there is a growing consensus that the “fast energy transition” scenario is unrealistic? Do you anticipate Europe softening its green policies and subsidies or extending timelines for net-zero goals? How do you foresee the trade war and competition between the G2 (the United States and China) evolving? How dominant is China in clean energy, and what implications does this hold for the United States' ability to compete? What is OPEC's motivation for reintroducing supply to the market during a period of weaker demand? What strategy would you recommend for Canada to address US trade pressures and potential annexation threats? Content referenced in this podcast:Foreign Affairs, “The Troubled Energy Transition: How to Find a Pragmatic Path Forward” by Daniel Yergin, Peter Orszag, and Atul Arya (April 2025) Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/ Check us out on social media: X (Twitter): @arcenergyinstLinkedIn: @ARC Energy Research Institute Subscribe to ARC Energy Ideas PodcastApple PodcastsAmazon MusicSpotify 

Krig i Midtøsten har historisk vært en trigger for oljeprisen. Fasiten er på ingen måte skrevet, men krigshandlingene mellom Israel og Iran ser ikke ut til å påvirke den i like stor grad. Hvorfor ikke?Det skal vi snakke om i ukens episode av Finansredaksjonen, en podkast som lages av oss i DN.Mens vi spiller inn tirsdag formiddag, domineres nyhetene av krigshandlingene mellom Iran og Israel Usikkerheten om hvilken retning det går, er stor.Les også: IEA i fersk rapport: – Har understreket den betydelige geopolitiske risikoen I tillegg kom nyheten om at to oljetankere – den ene fra Jon Fredriksens selskap Frontline – har kollidert rett utenfor Hormuzstredet. Stredet hvor 20 prosent av verdens oljekonsum fraktes hver dag. Les også: Frontline-skip har kollidert i OmanbuktaForeløpig er årsaken til kollisjonen ikke direkte krigshandlinger, men indirekte, fordi kommunikasjonen i området er forstyrret av konflikten.Men hvordan går det med oljeprisen? Den stiger brått i morgentimene, men har egentlig ikke blitt så påvirket av all uro i det siste?Hør episoden og bli litt klokere! Hosted on Acast. See acast.com/privacy for more information.

欢迎收听雪球出品的财经有深度，雪球，国内领先的集投资交流交易一体的综合财富管理平台，聪明的投资者都在这里。今天分享的内容叫伊以冲突利好油气核心公司最全梳理，来自兰板套利。油价波动的深层原因伊以冲突对原油供应产生了多方面的直接影响。伊朗是全球重要的石油生产和出口国，冲突爆发后，伊朗石油出口受阻风险急剧增加。一方面，以色列的军事打击可能破坏伊朗的石油生产设施，包括油田、炼油厂等。一旦这些设施受损，伊朗的石油产量将大幅下降，进而减少国际市场的原油供应。另一方面，霍尔木兹海峡作为全球石油运输的 “咽喉要道”，伊朗扼守此地。在冲突升级的紧张局势下，霍尔木兹海峡的运输风险大幅提升。若伊朗采取封锁海峡等极端措施，全球约 20% 的石油供应将面临中断危机，这无疑会给国际原油市场带来 “地震” 般的冲击。市场恐慌情绪和投资者预期也在油价暴涨中起到了推波助澜的作用。地缘政治冲突往往会引发市场的恐慌情绪，投资者对原油供应稳定性的信心受到严重打击。当伊以冲突爆发的消息传出，投资者纷纷担忧原油供应短缺，这种担忧转化为实际的市场行为，大量资金涌入原油期货市场，抢购原油期货合约，推动油价快速上涨。从以往类似地缘政治冲突的经验来看，2011 年利比亚战争期间，市场对利比亚石油供应中断的担忧，使得国际油价在短时间内大幅攀升。此次伊以冲突，投资者基于同样的恐慌心理和对未来原油供应短缺的预期，不断推高油价。油气产业链核心公司剖析上游：油气勘探与开采在油气产业链的上游，中石油、中石化、中海油这三家国企巨头无疑占据着主导地位。中石油，作为中国最大的石油和天然气生产商，其探明石油储量在 100 亿桶以上。在国内，大庆油田、长庆油田等陆上油田是其核心资源产地，多年来持续为国内提供稳定的油气供应。在国际布局上，中石油积极响应 “一带一路” 倡议，在中亚的哈萨克斯坦参与了阿克纠滨项目、PK 项目等，在伊拉克参与鲁迈拉油田项目。这些海外项目不仅为中石油带来了丰富的油气资源，也提升了其在国际市场的影响力。凭借雄厚的资金和先进的技术，中石油在勘探开采技术上不断突破，如在页岩气开采技术上取得重要进展，提高了开采效率和产量。伊以冲突爆发后，国际油价上涨，中石油作为油气生产企业，其销售收入和利润得到显著提升。不过，冲突也带来了一定风险，国际油价的大幅波动可能影响其未来的收益预期，同时，地缘政治的不稳定也可能对其海外项目的运营产生潜在威胁。中石化的石油储量约为 50 亿桶左右，资源主要集中在东部和南部地区，像胜利油田、中原油田等。中石化以炼化和销售业务见长，上游勘探开采业务相对中石油规模较小，但在技术创新上也不遗余力。其研发的高效采油技术，有效提高了油田采收率。在海外，中石化积极拓展油气资源，在中东、非洲等地参与多个油气项目，保障原油的稳定供应。伊以冲突导致油价上涨，中石化在油气开采业务上的收益增加，但其炼化业务成本上升，需要在成本控制和产品价格调整上寻求平衡。中海油专注于海上油气勘探开发，探明石油储量约为 30 亿桶左右，资源主要分布在渤海、南海和东海等海域。中海油在海上油气开发技术上优势明显，自主掌握 1500 米超深水钻井技术，全球首套 “深海油气 + 浮式风电” 一体化平台投运，大大降低了作业成本。在海外，中海油在澳大利亚、非洲和南美等地区拥有大量油气资源。伊以冲突使油价上升，中海油的海上油气开采业务利润大幅增长。但海上油气开采受地缘政治和国际油价波动影响较大，冲突带来的不确定性增加了其运营风险。除了国企巨头，通源石油、贝肯能源等民营企业也在油气上游领域展现出独特的竞争力。通源石油是射孔技术细分龙头，在北美市场射孔弹市占率超 20%。其研发的高密度复合射孔技术，能有效提升单井产量 30%，已获科威特国家石油公司批量采购。国内非常规油气开发补贴政策的实施，为通源石油带来了发展机遇，订单增速有望大幅提升。伊以冲突使国际油价上涨，油气开采企业对射孔服务的需求增加，通源石油订单量明显上升。但随着市场竞争加剧，通源石油需要不断提升技术水平，以应对来自国内外同行的竞争挑战贝肯能源是页岩气钻井服务领先者，在四川盆地页岩气钻井市场不断拓展，目标是到 2025 年市占率达到 30%。其自主研发的旋转导向系统精度达 0.1°，水平井钻井周期缩短至 25 天，较传统技术快 40%，大大提高了钻井效率和质量。贝肯能源积极拓展海外市场，中标乌兹别克斯坦 50 亿元钻井项目，计划 2025 年海外收入占比提升至 40%。伊以冲突推动油价上涨，刺激了油气开采投资，贝肯能源获得了更多钻井项目机会，但同时也面临着原材料价格上涨、汇率波动等风险。中游：油气炼化与运输油气产业链中游的炼化企业，恒力石化和荣盛石化是其中的代表。恒力石化作为民营炼化巨头，拥有完整的炼化一体化产业链。在原油价格波动的情况下，恒力石化通过优化采购策略，与全球主要原油供应商建立长期合作关系，确保原油稳定供应的同时，降低采购成本。在产品价格调整上，恒力石化根据市场需求和原油价格变化，灵活调整产品结构，提高高附加值产品的生产比例。例如，在油价上涨时期，增加化工产品的生产，减少成品油生产，以提高利润空间。伊以冲突导致油价上涨初期，恒力石化因原材料成本上升，利润受到一定挤压，但随着产品价格的调整和高附加值产品销量的增加，逐渐缓解了成本压力，利润开始回升。不过，原油价格的大幅波动仍然给恒力石化的成本控制和利润稳定带来挑战。荣盛石化同样构建了完善的炼化产业链，在原油采购上，利用自身规模优势，通过长期合同与现货采购相结合的方式，降低采购风险。在产品销售方面，荣盛石化积极拓展国内外市场，与众多下游企业建立紧密合作关系。面对伊以冲突引发的油价波动，荣盛石化加强内部管理，优化生产流程，降低生产能耗，提高生产效率，以消化成本上升压力。同时，加大研发投入，开发新产品，提高产品差异化竞争优势。然而，荣盛石化在油价上涨过程中，成本上升幅度较大，产品价格调整存在一定滞后性，导致利润空间受到一定压缩，需要进一步提升市场应对能力。在油气运输领域，中远海能和招商轮船是行业的重要力量。中远海能拥有庞大的油轮船队，在全球油运市场占据重要地位。随着伊以冲突升级，油轮运费上涨，中远海能的运输业务收入大幅增长。高盛发布研报指出，美国对俄罗斯能源部门的制裁导致油轮供应受限，运费有上升风险，这将进一步提升中远海能的盈利。但运费上涨也吸引了更多竞争对手进入市场，市场竞争加剧。此外，地缘政治冲突可能导致运输路线安全风险增加，如霍尔木兹海峡局势紧张，增加了油轮运输的不确定性。招商轮船同样拥有丰富的油运业务经验和优质船队资源。通过优化航线规划，提高船舶运营效率，招商轮船在油运市场保持较强竞争力。伊以冲突带来的运费上涨，使招商轮船业绩得到显著提升。但招商轮船也面临着船舶老化、环保要求提高等问题，需要不断投入资金进行船舶更新和技术改造，以满足市场需求和环保标准，保持市场竞争优势。下游：油气销售与服务在油气产业链下游的销售环节，中国石化销售公司和中国石油天然气销售公司占据着主导地位。中国石化销售公司拥有庞大的加油站网络，遍布全国各地，在油品供应上，凭借中石化强大的炼化能力，能够确保稳定的油品供应。面对伊以冲突导致的油价波动，中国石化销售公司在价格策略上采取灵活调整的方式。当油价上涨时，适当提高油品零售价格，同时推出优惠活动和增值服务，吸引消费者。在市场份额方面，凭借品牌优势和优质服务，巩固和扩大市场份额。但随着新能源汽车的发展和市场竞争的加剧，传统油品销售面临一定挑战，需要加快业务转型，拓展非油业务，如发展便利店、充电桩等中国石油天然气销售公司同样拥有广泛的销售网络和客户群体。在油品供应保障上，依托中石油的油气资源和炼化产能，确保油品的稳定供应。在价格策略上，与市场接轨，根据国际油价和国内市场情况进行调整。通过开展差异化营销活动，提升客户忠诚度，保持市场份额稳定。然而，市场竞争的日益激烈，特别是来自民营加油站和外资加油站的竞争，对其市场份额构成一定威胁，需要不断提升服务质量和品牌形象，以应对竞争挑战。油气设备制造商杰瑞股份和石化机械在产业链下游也发挥着重要作用。杰瑞股份作为全球压裂设备龙头，电动压裂泵市占率超 60%。在产品创新方面，杰瑞股份积极布局氢能压裂装备，实现零碳排放，单台设备作业效率提升 25%，已获中石化 10 台订单。通过联合华为开发智慧油田操作系统，杰瑞股份推动油田智能化发展，提高客户服务水平。伊以冲突引发的油气市场波动，使油气开采企业对先进设备的需求增加，杰瑞股份订单量上升。但随着市场竞争加剧，需要不断加大研发投入，保持技术领先优势。石化机械专注于油气装备制造，在技术升级上不断努力，研发出一系列高性能的油气开采设备。面对伊以冲突带来的市场变化，石化机械积极调整产品结构，满足客户对高效、环保设备的需求。通过加强与油气开采企业的合作，及时了解市场需求，优化产品设计和生产。然而，在市场竞争中，石化机械面临着来自国内外同行的竞争压力，需要进一步提升产品质量和性价比，拓展市场份额。投资风险与机遇并存伊以冲突的不确定性使得油气市场波动剧烈，投资者面临着巨大的风险。一旦冲突缓和，油价可能迅速回落。例如，历史上的中东地缘政治冲突，当冲突局势缓解后，油价往往在短期内大幅下跌。2018 年美伊紧张局势缓和阶段，国际油价在短短一个月内下跌了 20% 左右。对于投资者而言，若在冲突期间因油价上涨而盲目投资油气相关资产，当油价回落时，资产价值将大幅缩水，导致投资损失。能源转型的加速也给油气行业带来了长期的挑战。随着全球对气候变化问题的关注度不断提高，各国纷纷加大对可再生能源的开发和利用，太阳能、风能、水能等可再生能源的技术不断进步，成本逐渐降低，市场份额不断扩大。国际能源署（IEA）预测，到 2050 年，可再生能源在全球能源结构中的占比将从目前的 20% 左右提升至 50% 以上，这将导致油气需求长期下降。油气公司若不能及时调整战略，加大对可再生能源领域的投资和布局，将在未来的市场竞争中处于劣势，其资产价值也将受到影响政策监管的变化也是油气公司需要面对的重要风险。政府对能源行业的监管政策不断调整，以适应能源转型和环保要求。例如，提高环保标准，要求油气公司在生产过程中减少污染物排放，这将增加油气公司的运营成本。一些国家还可能出台限制油气开采和消费的政策，这将直接影响油气公司的市场份额和利润。若油气公司不能及时了解和适应政策变化，可能会面临罚款、停产等风险，严重影响其正常运营。伊以冲突也为油气行业带来了一些机遇。冲突的加剧促使油气公司加大勘探开发投入，以保障能源供应的稳定性。为了降低对中东地区油气资源的依赖，各国纷纷鼓励油气公司在国内或其他地区开展勘探开发活动。这为油气公司提供了更多的业务机会，有助于其扩大市场份额，提高盈利能力。一些油气公司在非洲、南美洲等地区发现了新的油气资源，为公司的长期发展奠定了基础。技术创新也是油气行业发展的重要机遇。随着科技的不断进步，油气勘探开发技术、炼化技术、运输技术等不断创新，提高了生产效率，降低了成本。例如，水平井和多分支井技术的应用，能够提高单井产量和采收率，降低钻井成本；数字化和智能化技术的应用，实现了油气生产的远程控制、自动化操作和数据分析，提高了生产效率和安全性。油气公司加大技术创新投入，能够提升自身竞争力，在市场竞争中占据优势地位。新兴市场的需求增长也为油气公司带来了广阔的市场空间。随着全球经济的发展，新兴市场国家的工业化和城市化进程加速，对油气资源的需求不断增加。例如，中国、印度等亚洲国家，经济持续增长，能源需求旺盛，成为全球油气市场的重要消费力量。油气公司积极拓展新兴市场，与当地企业合作，能够实现互利共赢，促进公司业务的增长。冲突余波，未来可期伊以冲突给油气市场带来的影响是多维度且复杂的，既为油气核心公司带来了风险，也创造了机遇。从短期来看，冲突导致的油价大幅波动使得油气公司的业绩充满不确定性，投资者需要密切关注市场动态，及时调整投资策略，以规避风险。长期而言，能源转型的大趋势不可阻挡，油气公司必须积极拥抱变化，加大在可再生能源领域的探索和投入，实现业务的多元化发展。同时，技术创新将成为油气公司提升竞争力的关键，通过不断研发和应用新技术，提高生产效率，降低成本，增强自身在市场中的抗风险能力。对于投资者来说，伊以冲突下的油气市场既存在短期的交易性机会，也蕴含着长期的投资价值，但在投资过程中需保持谨慎乐观的态度，充分评估风险，把握机遇，做出明智的投资决策。

In today's episode of The Hydrogen Podcast, we dive into Newsweek's June 2025 article on the Neom Green Hydrogen Company (NGHC), the heart of Saudi Arabia's bold $500 billion Neom megaproject.

In this episode of The Hydrogen Podcast, we unpack the sobering truths from Oilprice.com's May 2025 article, "Green Hydrogen Faces Reality Check in Europe."

In this episode of the All Things Sustainable podcast, we continue our deep dive into methane emissions. Today we're exploring the role that private equity can play in eliminating methane emissions, including at abandoned oil and gas wells.  Methane is the second largest contributor to global warming behind carbon dioxide. And the fossil fuel sector is responsible for nearly one-third of methane emissions from human activity today. Record production of oil, gas and coal, combined with limited mitigation efforts, has kept emissions above 120 million metric tons annually, according to the International Energy Agency's 2025 Global Methane Tracker published in May. The IEA calls methane abatement a “crucial opportunity” to reduce near-term global warming.  To understand how some companies are tackling methane emissions at abandoned facilities, in the episode we talk with Zefiro Methane Corp., an environmental services company that specializes in methane abatement at abandoned oil and gas wells in the US. Zefiro is a portfolio company of private equity firm X Machina Capital Strategies, or XMC, which works to transform oil and gas assets into long-term, sustainable solutions.  We speak with Catherine Flax, Founding Member and President of Private Markets at XMC. On June 5, Catherine was appointed interim CEO of Zefiro Methane Corp., where she also serves on the board.  We also talk with Talal Debs, Founder and Managing Partner of XMC. Talal was CEO of Zefiro Methane Corp. from November 2023 until June 2025.  In the episode, Talal outlines how XMC takes a "full-spectrum energy investment" approach.   "Let's take all the energy that we can get economically, but make it as clean as possible with a mind towards: what are we going to do with the mess afterwards?" he says. "If we can do that ... we're capturing the full spectrum of opportunity without ignoring the full spectrum of risks."  Listen to our previous episode on methane emissions here.  Learn about energy transition data and services from S&P Global Commodity Insights.   This piece was published by S&P Global Sustainable1, a part of S&P Global.           Copyright ©2025 by S&P Global           DISCLAIMER   By accessing this Podcast, I acknowledge that S&P GLOBAL makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk. This Podcast should not be considered professional advice. Unless specifically stated otherwise, S&P GLOBAL does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. The third party materials or content of any third party site referenced in this Podcast do not necessarily reflect the opinions, standards or policies of S&P GLOBAL. S&P GLOBAL assumes no responsibility or liability for the accuracy or completeness of the content contained in third party materials or on third party sites referenced in this Podcast or the compliance with applicable laws of such materials and/or links referenced herein. Moreover, S&P GLOBAL makes no warranty that this Podcast, or the server that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties.     S&P GLOBAL EXPRESSLY DISCLAIMS ANY AND ALL LIABILITY OR RESPONSIBILITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR OTHER DAMAGES ARISING OUT OF ANY INDIVIDUAL'S USE OF, REFERENCE TO, RELIANCE ON, OR INABILITY TO USE, THIS PODCAST OR THE INFORMATION PRESENTED IN THIS PODCAST.   

In this episode of The Hydrogen Podcast, we explore two major hydrogen developments reshaping the global energy landscape.

En este episodio cubrimos los eventos más importantes después de la apertura del mercado: • Wall Street avanza antes de los datos de empleo: Los futuros suben: $SPX +0.2%, $US100 +0.4%, $INDU +0.3%. El mercado reacciona al débil reporte ADP, que mostró el menor nivel de contrataciones privadas en más de dos años. Hoy se esperan solicitudes por desempleo (236K) y productividad. El dato clave del empleo mensual se conocerá el viernes. • Oro sube por refugio ante debilidad económica y tensiones: El oro cerró al alza tras la contracción del PMI servicios (49.9) y la caída del dólar (-0.5%). Los aranceles al acero y aluminio duplicados por Trump y la tensión con China aumentan la demanda de refugio. ING destaca que bancos centrales siguen acumulando oro como parte de su estrategia de diversificación. • Cleveland-Cliffs cancela megaproyecto de hidrógeno en Ohio: $CLF abandonó su plan de $500M por falta de hidrógeno limpio y trabas regulatorias. El CEO criticó la política energética de Trump y la falta de recortes de tasas de la Fed. La compañía buscará renegociar el uso de los fondos y extender el ciclo de sus hornos tradicionales. • Inversión global en energía alcanzará $3.3T en 2025, liderada por renovables: Según la IEA, $2.2T serán para energía limpia (solar, nuclear, baterías), el doble que fósiles. La solar lidera con $450B; el gasto en redes supera los $400B. Pese a las cifras, los países en desarrollo enfrentan dificultades para atraer capital suficiente. Una jornada marcada por cifras débiles que refuerzan la expectativa de pausa en tasas, tensiones comerciales y avances en la transición energética. ¡No te lo pierdas!

Umetna inteligenca velja za tehnologijo, ki bo definirala 21. stoletje. Predvidena vlaganja vanjo v naslednjih nekaj letih gredo globalno gledano v bilijone dolarjev. Ob tem se bo občutno povečala tudi poraba elektrike, po ocenah IEA za štirikrat v le petih letih. Novi podatkovni centri se tako vse bolj načrtujejo skupaj s lastnim virom energije, od jedrskih elektrarn do polj vetrnic. Zakaj je sodobna umetna inteligenca tako lačna energije, koliko energije terja eno vprašanje ChatGPT-ju in kaj se pravzaprav dogaja v sodobnih podatkovnih centrih, preverjamo v tokratni Intelekti, v kateri sodelujejo prof. dr. Andrej Filipčič z Inštituta Jožef Stefan in Univerze v Novi Gorici ter izr. prof. dr. Iztok Lebar Bajec, prof. dr. Uroš Lotrič in prof. dr. Patricio Bulić s fakultete za računalništvo in informatiko Univerze v Ljubljani.

In this episode of The Hydrogen Podcast, we unpack the Forbes article “What Happened to the Hydrogen Economy?” by Robert Rapier and break down the five reasons hydrogen hasn't revolutionized the energy sector—yet.From the broken promises of Bush-era policy to the economics of modern hydrogen production, we explore what went wrong, and more importantly, what's next.We spotlight low-cost, low-carbon intensity (CI) hydrogen production methods—steam methane reforming (SMR) with carbon capture, natural hydrogen, and methane pyrolysis—that could finally build a demand-driven U.S. hydrogen economy.We also reveal why the repeal of the Section 45V tax credit might actually push the industry forward and how the Midwest could emerge as the next hydrogen hub by powering ammonia production with natural hydrogen at $0.50–$1/kg.

Penguin poop might be cooling the planet by seeding clouds over Antarctica! A new study shows how ammonia from penguin guano helps form reflective cloud cover. Meanwhile, a $10 billion geoengineering plan proposes to deploy 500,000 undersea drones to regrow Arctic sea ice. Can technology save the poles—and should it? Support our podcast on Patreon and get exciting perks!  We also bust myths about EV fires after The Telegraph claims they're on the rise.  Plus, an Edmonton pilot project is using secret tech to stop EV charger cable theft—and it's already working. Also in this episode: Solar fences at Zurich Airport could boost solar production 20x by 2040. Read more Quebec investors rescue Lion Electric, keeping Canadian school bus EV dreams alive. Full story The new Pope Leo vows to continue Francis's environmental legacy. Lightning Round: Global EV sales rose 35% in Q1 2025. IEA report Climate change has reduced global wheat yields by ~10%. Source Hyundai's robotic EV chargers are live at a Korean airport. Details Macdonald-Laurier Institute says Canada doesn't need new oil pipelines. More Edmonton's secret anti-theft tech leads to arrests at EV chargers. Read Contact Us cleanenergyshow@gmail.com or leave us an online voicemail: http://speakpipe.com/clean PayPal Donate offers one-time or regular donations. The Clean Energy Show Store. Copyright 2025.    

Today on The Hydrogen Podcast, we explore three critical stories shaping hydrogen's future:

In this episode of the Energy News Beat Daily Standup, the host, Stuart Turley covers a range of critical energy topics. He discusses how Republicans were drawn into a deal that keeps the IRA subsidies in place and the need for urgent reforms. Stuart also critiques the Wall Street Journal's shift towards promoting clean energy, highlighting the financial and political motives behind it. Additionally, he explores EOG's international expansion, the revision of historical oil demand data by the IEA, and the paradox of rising U.S. hydropower generation amid the removal of dams. Finally, Stuart calls out the management failures in California's water and energy policies.Highlights of the Podcast 00:00 - Intro02:51 - How Republicans got roped into a deal that keeps the IRA—and why there's still time to fix it05:47 - WSJ Goes Fully In The Tank For ‘Clean' Energy09:11 - EOG Goes Abroad, and So Does American Power13:01 - IEA revised historical oil demand data, can we trust the numbers? Is this price manipulation?15:11 - U.S. hydropower generation expected to rise by 7% in 2025 following last year's record low – Then why are so many dams being removed?16:52 - OutroPlease see the links below or articles that we discuss in the podcast.How Republicans got roped into a deal that keeps the IRA—and why there's still time to fix itWSJ Goes Fully In The Tank For ‘Clean' EnergyEOG Goes Abroad, and So Does American PowerIEA revised historical oil demand data, can we trust the numbers? Is this price manipulation?U.S. hydropower generation expected to rise by 7% in 2025 following last year's record low – Then why are so many dams being removed?Follow Stuart On LinkedIn and TwitterFollow Michael On LinkedIn and TwitterENB Top NewsEnergy DashboardENB PodcastENB SubstackENB Trading DeskOil & Gas Investing– Get in Contact With The Show –

The Domino Has Fallen. Refinery margins — the last bullish stronghold — are collapsing. This isn't just a signal; it's confirmation that the market is finally pricing in the oversupply reality that's been building for months.Goldman Sachs. The IEA. Every serious analyst has seen this coming — and now it's here. The second half of the year marks a new regime: the geopolitical premium is dead, supply routes are open, and the market is done licking its wounds from last year's chaos. Volatility has faded. Direction is back. The traders who see this shift are already positioning for what's next: the great normalisation.In this episode of Flux News, the team break down how this moment changes everything — and where the money moves now. They also discuss: The collapse in refinery margins and what it signalsHow the Brent/Dubai spread is spelling out a physical market resetThe surge in CTA and money manager positioning—and why it might be too lateHeadline fatigue, flat volatility, and why everyone's ignoring Iran… for nowWhy Ryanair's recent hedging could be a top signal for distillatesThe crack collapse across gasoil, naphtha, and fuel oilA breakdown of the Great Normalisation—and why directional trades are finally back on the menuGoldman Sachs saw this coming. The IEA flagged it. Now it's here: Geopolitical premium? Dead. Supply? Loose. Demand? Meh. The second half of the year is a new regime. Want to trade? Get a behind-the-scenes look at how the pros express views with relative value trades, uncorrelated contracts, and smart positioning. This episode is rich in education for newer traders, and deep enough for veterans hunting asymmetric opportunities. All the trades discussed are live on Onyx Markets, where you can practice, simulate, or dive in. Visit https://onyxmarkets.co.uk/

Recent developments on a potential Iran nuclear deal have impacted the oil market, with Brent hovering around $65/b. The IEA's report shows upward revisions in oil demand for 2024-2026, but concerns about oversupply persist, especially with the potential increase in Iranian crude later this year. Please note: this podcast is provided for information purposes only and should not be construed as an offer, or a solicitation of an offer, to buy or sell financial instruments. This podcast does not constitute a personal recommendation and is not investment advice. Investec

The IEA's Reem Ibrahim joins Chris Snowdon and Tom Slater to discuss the Nanny State Index, the new trade deals with India and the US, and the defunding of public-health groups.  Listen, share and give us a glowing review on your podcast app. Also, send your postbag questions to lastorders@spiked-online.com and we'll try to answer them in a future episode. Read spiked: https://www.spiked-online.com/    Support spiked: https://www.spiked-online.com/support/ 

Transport Topics is the news leader in trucking and freight transportation. Today's briefing covers Walmart raising prices, the FHWA nominee's appearance at a Senate hearing and the IEA's report on global oil demand. Learn more about your ad choices. Visit podcastchoices.com/adchoices

On April 28th, millions of people across Spain, Portugal and beyond were plunged into darkness in one of Europe's most severe blackouts in decades. Was it a cyberattack? A renewables failure? Or might things be a little more complex?This week, Tom Rivett-Carnac, Christiana Figueres, and Paul Dickinson dig into what we know, what we don't, and ask what this blackout really tells us about the transition to renewables. They speak with energy strategist Kingsmill Bond of Ember and hear an on-the-ground account from José Manuel Entrecanales, CEO of global renewables leader Acciona, to build a picture of how our grids function – and how they fail.Plus: what can we say when friends or colleagues claim that ‘renewables aren't reliable'? And, after our recent conversations reflecting on the legacy of Pope Francis, what might Pope Leo XIV mean for future climate leadership?Learn more

In this special collaborative episode with Do It for The Gram, the International Enneagram Association Podcast and Fathoms, Milton Stewart is joined by Seth “Creek” Creekmore, Lindsey Marks and Lee Fields as they preview the upcoming IEA Enneagram Experience 2025 - Global Conference and Celebration. All four hosts will be in attendance, so they share what they are looking forward to at this summer's annual event while also reflecting on this year's theme — 30 years honoring Enneagram pioneers and future frontiers.The Fathoms team will continue to host the IEA podcast with the traditional long form interviews with legendary figures as well as collect personal stories from attendees to deeply humanize this work. In their current Season Five, Fathoms has been focusing on the history of the Enneagram from the perspective of different schools and models to get a fuller picture of how they've come into this tool, providing an important and better framework and grounding before the conference.Milton's Links and Handles:Join KCEP Program: kaizen-enneagram-community.mn.coThe B.I.G. Enneagram Retreat: bigenneagramretreat.simvoly.com/applicationMilton's Website: KaizenCareers.comUpcoming Events: kaizencareers.com/upcoming-eventsIEA Links:IEA Enneagram Experience 2025: ieaexperience.comIEA Podcast: international-enneagram.captivate.fmConnect with Creek:Instagram: @_creekmorePod: Fathoms | An Enneagram PodcastPod: Awareness to Action Enneagram PodcastPod: Delusional Optimism with Dr. BConnect with Lindsey:IG: @lindseyfaithdmPod: Fathoms | An Enneagram PodcastConnect with Lee:Web: enneagrammatic.comIG: @enneagrammaticAwareness to ActionEnneagram on Demand - Certification ProgramMario Sikora: IG: @mariosikoraTikTok: @mariosikoraWeb: mariosikora.comSubstack: mariosikora.substack.comMaria Jose...

In this episode of Redefining Energy Tech, host Michael Barnard sat down with Dr. Joseph Romm—physicist, energy policy veteran, and author of The Hype About Hydrogen—to pull back the curtain on hydrogen's persistent mystique. Romm isn't new to the debate. Back in the early 2000s, he was among the first to publicly challenge the logic of hydrogen as a viable energy carrier. Now, twenty years later, he's back with a completely rewritten edition of his book, just in time for Earth Day, and the message hasn't changed: the hydrogen hype is still hype.What makes Romm's critique so compelling is his history. He once supported hydrogen research while in the Clinton-era Department of Energy, betting on Sandia Labs' onboard gasoline reformers. But that hope dissolved under the weight of technical reality. In 2003, as the Bush administration rolled out its $1.3 billion hydrogen initiative, Romm published the first edition of The Hype About Hydrogen, drawing a stark contrast between hydrogen's theoretical promise and its practical inefficiency. The fundamental math hasn't budged. Hydrogen production, storage, transport, and conversion wastes up to 80% of the original renewable electricity. Batteries? They waste closer to 20%.Fast forward to today, and hydrogen is once again being paraded as a climate solution, this time with a new coat of green paint. But Romm's updated research shows the same miscalculations baked into the models of the IEA, CSIRO, and even PIK—institutions that projected green hydrogen prices based on wildly optimistic learning curves. Hydrogen didn't follow the same cost trajectory as solar or batteries. In fact, between 2020 and 2024, the cost of electrolyzers increased by 40%—a staggering reversal of expectations that should have set off alarm bells across boardrooms and ministries.We also tackled the real-world energy transition playing out in China. While Western nations argue over tariffs and watch supply chains buckle, China is installing 350 gigawatts of solar and wind in a single year—ten times its nuclear additions—and prioritizing direct electrification over hydrogen. It's not just policy rhetoric; it's industrial reality.This divergence is becoming painfully clear in the transport sector. European advisors have publicly declared hydrogen “dead for trucks,” pointing instead to the obvious solution: battery-electric vehicles and megawatt-scale charging infrastructure. The market is responding. Companies trying to straddle both hydrogen and battery bets—Van Hool, Quantron, Nikola—are struggling or collapsing. Romm calls this “narrative disarticulation”—an elegant way of saying that serious people are quietly walking away from the hydrogen dream.His final warning is unequivocal: investing in hydrogen based on outdated assumptions is a recipe for stranded assets and political distraction. Industry's call to support “dirty hydrogen now, clean later” isn't just a bait-and-switch—it's a carbon trap dressed up in green branding. If we're serious about climate, it's time to let go of the hydrogen mirage and double down on what we know works: clean, efficient electrification.Want to rethink your assumptions on hydrogen? This is the episode to listen to.

In this special collaborative episode with the IEA Podcast, Do It for The Gram and Fathoms, Milton Stewart, Seth “Creek” Creekmore, Lindsey Marks and Lee Fields preview the upcoming IEA Enneagram Experience 2025 - Global Conference and Celebration. All four hosts will be in attendance, so they share what they are looking forward to at this summer's annual event while also reflecting on this year's theme — 30 years honoring Enneagram pioneers and future frontiers.The Fathoms team will continue to host the IEA podcast with the traditional long form interviews with legendary figures as well as collect personal stories from attendees to deeply humanize this work. In their current Season Five, Fathoms has been focusing on the history of the Enneagram from the perspective of different schools and models to get a fuller picture of how they've come into this tool, providing an important and better framework and grounding before the conference.Connect with us:Web: internationalenneagram.orgIEA Enneagram Experience 2025: ieaexperience.comJoin the email list: administration@internationalenneagram.orgIEA Conference Proposal Submission Information & Guidelines: internationalenneagram.org/wp-content/uploads/2024/07/2025-Proposal-Submission-Information-Guidelines.pdfIEA Global Podcast Proposal Submission Form: forms.gle/Q48QXSwQ3zDfDJaJASeth "Creek" Creekmore: IG: @_creekmorePod: Fathoms | An Enneagram PodcastPod: Awareness to Action Enneagram PodcastPod: Delusional Optimism with Dr. BMilton Stewart:IG: @kaizencareersWeb: KaizenCareers.comWeb: Kaizen Enneagram AcademyWeb: Upcoming EventsPod: Do It For The Gram: An Enneagram PodcastLindsey Marks:IG: @lindseyfaithdmPod: Fathoms | An Enneagram PodcastLee Fields:Web: enneagrammatic.comIG: @enneagrammaticAephoria Partners:Web:

In this episode of Energy Evolution, host Eklavya Gupte speaks with Tim Gould, chief energy economist at the International Energy Agency (IEA). Gould shares his insights on how the expansion of renewables, coupled with geopolitics and evolving economic policies, is reshaping energy security. Gould explains the need to adapt energy supply security measures as the growth of clean energy leads to new risks, such as those arising from critical minerals and supply chain vulnerabilities. He also tells us how the IEA is beginning to see some shifts in broader energy investment trends due to a “climate of uncertainty" exacerbated by escalating trade tensions. This interview was recorded at the Summit on the Future of Energy Security in London, where representatives from over 60 governments and several energy companies convened to collaborate on the key issues facing energy markets. Energy Evolution has merged with Platts Future Energy, and episodes are now regularly published on Tuesdays.

In this episode of Energy Evolution, host Eklavya Gupte speaks with Tim Gould, chief energy economist at the International Energy Agency (IEA). Gould shares his insights on how the expansion of renewables, coupled with geopolitics and evolving economic policies, is reshaping energy security. Gould explains the need to adapt energy supply security measures as the growth of clean energy leads to new risks, such as those arising from critical minerals and supply chain vulnerabilities. He also tells us how the IEA is beginning to see some shifts in broader energy investment trends due to a “climate of uncertainty" exacerbated by escalating trade tensions. This interview was recorded at the Summit on the Future of Energy Security in London, where representatives from over 60 governments and several energy companies convened to collaborate on the key issues facing energy markets. Energy Evolution has merged with Platts Future Energy, and episodes are now regularly published on Tuesdays.

Recorded on April 24, 2025 and March 18, 2025 https://youtu.be/L6O9xlM-R7c Episode 130 of the PetroNerds podcast is the show stopping jam packed talk Trisha Curtis gave at the Houston Producers Forum on March 18th, 2025. Do not worry, she gets you up to speed on oil prices with a short introduction to this heavy hitting talk. Trisha discusses oil prices being oversold and the 10 year yield in the introduction. At the Houston Producers Forum talk Trisha covers oil prices and what is driving oil prices, geopolitical volatility, natural gas prices, Chris Wright's leadership in Washington, CERA week capitulation and "peak shale" talk, coal, wind and solar power, China, the IEA and Fatih Birol, tariffs and the de minimis rule, Mexico and Vietnam, the Chinese economy and global oil demand, inflation and the weakened consumer, DeepSeek, and Chinese industrial electricity consumption. Trisha further covers geopolitics including Iran, Russia, Ukraine, and China, economic uncertainty and tariffs, and the health of the consumer, energy is everything, and US oil and gas production dominance. And yes, she does this all in 40 minutes. Listen on Itunes

Today we had the pleasure of hosting David Hambling for a sweeping discussion on drone technologies and their applications. David is a journalist, author, and defense technology expert with over 20 years of experience. He writes for Aviation Week, Forbes, The Economist, New Scientist, Popular Mechanics, WIRED, and more (for an archive of David's writings, click here). David is the author of “Swarm Troopers” and has researched the history of drones and in particular, has zeroed in on the potential impact of smaller drones in both military and consumer applications. We were thrilled to visit with David. In our conversation, David shares his background in military technology and how his previous book, “Weapons Grade,” led him to explore the rise of drones. We discuss how the military lost its tech lead due to rapid commercial innovations, particularly as mobile phone technologies enabled the development of small, cheap, and highly capable drones. David explains the evolution of drone use, from reconnaissance tools to precision combat systems, and how this transformation has played out dramatically in the Russia-Ukraine war, where nearly two-thirds of Russian fatalities on Ukrainian soil are reportedly caused by small drones. We explore the shift from human-operated drones to autonomous systems, the difficulty of defending against small, agile drones, and the growing threat that they pose to critical energy and transportation infrastructure. David shares background on the historical cultural bias within militaries that sidelined drones in favor of piloted aircraft, until the CIA's early adoption of drone strikes eventually forced the Air Force to adopt them, as well as the recent surprising Trump Administration decision to continue the Boeing F-47 contract. We cover the regulatory challenges facing drone adoption, particularly the limitations on beyond visual line of sight operations, public concerns around safety and privacy, and global developments including Dubai's plans to pilot flying taxi drones by 2027. David outlines China's dominance in the global drone market, applications of drones including infrastructure inspection, delivery services, reforestation, and the unique Ukrainian “Victory Drone” program that encourages civilians to help war efforts by building drones at home for frontline use. We also touch on China's demographic challenges and how its shrinking and aging population is fueling the nation's strategic investment in AI, robotics, and autonomy, the critical role of software in making humanoid robots useful, especially with using assistive tech for elderly care, and more. We end with David's thoughts on what the drone and robotics landscape might look like in ten years. It was a fascinating and wide-ranging discussion that raised both the opportunities and the ethical complexities involved. Mike Bradley kicked off the show by noting that from a broader equity market standpoint, “Trumpatility” remains alive. Despite S&P volatility being cut in half over the last five trading days, it's still higher than average and will likely stay elevated until we begin to see tariff deals signed. Equity markets feel much worse than reality, given that the S&P 500 is only down ~7% year to date. On the International equity front, Argentina received a $20 billion IMF package last Friday, which could be an extremely important development for the country's long-term growth. On Monday, Argentina allowed its currency to freely float (between 1,000-1,400 pesos per dollar) for the first time in a very long time. In response, Argentinian 10yr bond yields plunged this week by ~150 basis points, and the Argentina equity market (Merval) and major Argentinian Energy equities have both rallied on the IMF deal. From an oil market standpoint, WTI looks to have temporarily stabilized in the low-$60s per barrel range. This week, the IEA slashed both its 2025 &am

On April 10, the International Energy Agency released a major report on energy and AI. The report explores topics including electricity demand for AI, how AI is being used in the energy sector, AI's role in accelerating energy innovation, the security implications of AI and greenhouse gas emissions from AI. Join host David Sandalow in conversation with Laura Cozzi, IEA's Director for Sustainability, Technology and Outlooks, who designed and directed this landmark report.   The AI, Energy and Climate Podcast is a special series from the DSR Network sponsored by NEDO and hosted by David Sandalow, Inaugural Fellow at Columbia University's Center on Global Energy Policy. AI for Climate Change Mitigation Roadmap -- https://www.icef.go.jp/roadmap and transitiondigital.org/ai-climate-roadmap.  Learn more about your ad choices. Visit megaphone.fm/adchoices

On April 10, the International Energy Agency released a major report on energy and AI. The report explores topics including electricity demand for AI, how AI is being used in the energy sector, AI's role in accelerating energy innovation, the security implications of AI and greenhouse gas emissions from AI. Join host David Sandalow in conversation with Laura Cozzi, IEA's Director for Sustainability, Technology and Outlooks, who designed and directed this landmark report.   The AI, Energy and Climate Podcast is a special series from the DSR Network sponsored by NEDO and hosted by David Sandalow, Inaugural Fellow at Columbia University's Center on Global Energy Policy. AI for Climate Change Mitigation Roadmap -- https://www.icef.go.jp/roadmap and transitiondigital.org/ai-climate-roadmap.  Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode of Platemark, Myles Calvert, a printmaker and professor, shares his extensive journey from growing up in Ontario, Canada, to studying and working in the UK, and eventually returning to Alfred University in New York, to become director of the Institute of Electronic Arts. Myles discusses his experiences working at prestigious galleries in London, giving up a tenure-track position, and the pivotal moments that shaped his career. He delves into his role as the Director of IEA at Alfred, including the intricacies of managing residencies, the use of technology in printmaking, and the importance of community engagement. Myles also reflects on the challenges of academia, the value of traditional and new media in art, and his approach to student critiques. The conversation highlights Myles' passion for printmaking, his commitment to education, and his vision for the future of the IEA. https://blog.alfred.edu/iea/ https://blog.alfred.edu/iea/2024/07/01/new-director-appointed-myles-calvert/ https://www.instagram.com/alfred_iea/ https://www.instagram.com/squirrelpigeonfish/   Myles Calvert at the China Exhibition AIPA, Xi'an Academy of Art. Myles Calvert with IEA interns Veronica, Gigi, and Mary. Institute of Electronic Arts, Alfred University. Jessica Reisch and Tyson Houseman check out Sandin new media equipment. Institute of Electronic Arts, Alfred University. Visiting artist Kathryn Polk with students. Institute of Electronic Arts, Alfred University. Rita MacDonald at the offset press with a laser-cut woodblock. Institute of Electronic Arts, Alfred University.  

Infrastructure investments have long been recognized as a foundation for economic growth and low carbon infrastructure is increasingly becoming an area of interest for investors in both public and private markets. But how will low carbon infrastructure play a role in the evolving energy investing landscape? Helen Jewell, Chief Investment Officer for fundamental equities at BlackRock helps us explore the significance of infrastructure from an investing perspective, the opportunities in public markets, and the long-term growth potential from investments in renewable energy.Sources: “Growth in global electricity demand is set to accelerate in coming years” in IEA, February 2025; BGF Sustainable Growth Infrastructure Fund, Fundamental Equities, BlackRock Febrruary 2025; FTSE Developed Core Infrastructure Index = 3.35%, Source: FTSE Russell as at 31 January 2025; National Grid Sell US Onshore Renewables Arm $174billion Brookfield” Reuters, February 2024; Bloomberg NEF, January 2025; Bloomberg New Energy Outlook, 2025; “How Copper Will Shape Our Future” BHP, September 2025;This content is for informational purposes only and is not an offer or a solicitation. Reliance upon information in this material is at the sole discretion of the listener. Reference to the names of each company mentioned in this communication is merely for explaining the investment strategy and should not be construed as investment advice or investment recommendation of those companies. In the UK and Non-European Economic Area countries, this is authorised and regulated by the Financial Conduct Authority. In the European Economic Area, this is authorised and regulated by the Netherlands Authority for the Financial Markets. For full disclosures go to Blackrock.com/corporate/compliance/bid-disclosureslow carbon investing, low carbon infrastructure, infrastructure, infrastructure investing, low carbon opportunities, copper, metals, infrastructure investments, See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.