Podcasts about international energy agency iea

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Best podcasts about international energy agency iea

Latest podcast episodes about international energy agency iea

The Development Podcast
Powering More With Less: All You Need To Know About Energy Efficiency | The Development Podcast

The Development Podcast

Play Episode Listen Later Sep 4, 2025 21:51 Transcription Available


How can energy-efficient light bulbs, bricks, and buildings cut costs and improve energy security? In this episode of The Development Podcast, , we discover that energy efficiency doesn't just save money—it also drives growth and creates jobs. In 2022 alone, energy efficiency became the largest employer in the energy sector—supporting nearly 11 million jobs—from manufacturing and construction to installation and training. So, what needs to happen for the world to reap the rewards of becoming more energy efficient? Join us as we hear from: Jas Singh, Lead Energy Specialist, World Bank Group, Melanie Slade, Senior Programme Manager, Energy Efficiency in Emerging Economies at the International Energy Agency (IEA), and Nitik Arya, Sauga Bricks Pvt Ltd, India. Timestamps[00:00] Welcome: Wasted energy and why we should become more energy efficient[02:27] Cooler air: The story of a brick manufacturer in India[07:23] How much progress has the world made on energy efficiency[10:48] Air cooling systems [13:32] The invisible powerhouse of economic growth [19:40] Technological developments and the future of energy efficiencyABOUT THE DEVELOPMENT PODCASTThis international development podcast brings together the data, research—and solutions—that can pave the way to a sustainable future. Through conversations focused on revealing the latest data, the best research, and cutting-edge solutions, let us introduce you to the folks working to make the world a better place. Listen and subscribe for free on your favorite platform. And rate our show! ;) Tell us what you think of our podcast here >>>. We would love to hear from you! ABOUT THE WORLD BANKThe World Bank is one of the world's largest sources of funding and knowledge for low-income countries. Its five institutions share a commitment to reducing poverty, increasing shared prosperity, and promoting sustainable development.

ARC ENERGY IDEAS
We're Back! Catching Up on Summer's Energy Headlines

ARC ENERGY IDEAS

Play Episode Listen Later Sep 2, 2025 36:51


After a summer break, Peter and Jackie are back with their weekly podcast. This week, they catch up on the events and news headlines from the summer, including: Geoeconomics – recap examples where countries use economic tools to influence foreign affairs – as well as more moves towards state capitalism by the United States, where the government exercises more control over institutions and companies. Canadian oil patch M&A news. Updates regarding the federal government's Bill C-5 and its plans for advancing nation-building projects. Tariff negotiation tactics, including news that Canada is removing countervailing tariffs on the United States.  The United States is exerting more influence over the International Energy Agency (IEA), with the organization planning to reintroduce the Current Policies Scenario in the next World Energy Outlook to be released in the fall of 2025. Content referenced in this podcast: CTV, “Hodgeson ‘hopeful' first batch of major projects announcements to start in the fall” (August 20, 2025) Calgary Herald, “Varcoe: Carney has opened the door to Canadian LNG exports — one closed by Trudeau government, says Liberal natural resources minister” (August 27, 2025) The Vassy Kapelos Show, “I know there are buyers: Federal Energy Minister bullish on LNG as a nation-building project” (August 12, 2025) Oilprice.com, “Republicans Move to Cut U.S. Funding for the IEA” (July 24, 2025) E&ENEWS by Politico, “Trump team pushes for ouster of top IEA official” (August 7, 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

Smarter Markets
Summer Playlist 2025 Episode 10 | Nobuo Tanaka, Executive Director Emeritus, International Energy Agency (IEA)

Smarter Markets

Play Episode Listen Later Aug 30, 2025 58:57


We close out our Summer Playlist this week by welcoming Nobuo Tanaka, Executive Director Emeritus at the International Energy Agency, into the SmarterMarkets™ studio. David Greely sits down with Nobuo Tanaka to discuss how the energy trilemma of balancing energy security, affordability, and environmental sustainability is shaping the energy and geopolitical landscape facing Japan and Korea – and what it means for the future of LNG and nuclear power.

Green Connections Radio -  Women Who Innovate With Purpose, & Career Issues, Including in Energy, Sustainability, Responsibil
Energy Efficiency Saves Money & CO2 – Paula Glover, CEO of the Alliance To Save Energy

Green Connections Radio - Women Who Innovate With Purpose, & Career Issues, Including in Energy, Sustainability, Responsibil

Play Episode Listen Later Aug 26, 2025 64:24


“Energy efficiency…is doing more, using less. The megawatt not used is the cheapest megawatt and there's so many things, either by using technology, old technology like insulation or digitalization, that allows us to really stretch what we can get out every single megawat, a kilowatt electron that we use. And so that's what we're talking about. If we had the kind of massive adoption that we need, we could get to a big 40% reduction.” Paula Glover on Electric Ladies Podcast With the Energy Star program and other energy efficiency programs under attack and misunderstood, we decided to revisit this enlightening discussion with Paula Glover, CEO of the Alliance To Save Energy and Electric Ladies host Joan Michelson. She also shares insightful career advice. The International Energy Agency (IEA) said energy efficiency should be one of the cornerstones of reducing our carbon emissions to address global warming – and incentives in the Inflation Reduction Act and Infrastructure Investment Act were designed to do just that. But now those are being cut or curtailed. How can energy efficiency really make a difference? Listen to this episode. You'll hear about: What the Alliance To Save Energy is and who its members are, the impact they have. What energy efficiency really is – and is not. How you can identify and tap the savings to increase the energy efficiency of your home, business, school or community. What the Roadmap for a Just Energy Transition is and how it works. Plus, insightful career advice, such as… “One would be, relationships matter, and you should be feeding into them as much as you want to get out of it. So, it's not about who….Number two, which is that as much as you're looking for a mentor, you should also be a mentor. And that mentorship is not just, I'm at 15 years and so I mentor someone who's at five. But if you really nurture relationship, you could be at 15 years mentoring someone who's at 25 years, right? You have something to contribute….There is so much that we have to contribute at every stage of our career. I think taking the opportunity to do that leads to other opportunities that you may never have known about.” Paula Glover on Electric Ladies Podcast Read Joan's Forbes articles here. You'll also like: Congresswoman Chrissy Houlahan (D-PA), on the politics of energy and infrastructure Doreen Harris, President and CEO of NYSERDA, on how New York is leading the way to the clean energy future. Autum Huskins, Hitachi Zosen Inova, turning waste into energy (and wine) Marit Brommer, Ph.D., International Geothermal Association, how geothermal is a dependable energy source Claire Seaborn, former Chief of Staff to Canada's Minister of Energy and Natural Resources on what the U.S. can learn from Canada's energy policies Subscribe to our newsletter to receive our podcasts, blog, events and special coaching offers.. Thanks for subscribing on Apple Podcasts or iHeartRadio and leaving us a review! Follow us on Twitter @joanmichelson

ThinkEnergy
Summer Rewind: How AI impacts energy systems

ThinkEnergy

Play Episode Listen Later Aug 11, 2025 55:16


Summer rewind: Greg Lindsay is an urban tech expert and a Senior Fellow at MIT. He's also a two-time Jeopardy champion and the only human to go undefeated against IBM's Watson. Greg joins thinkenergy to talk about how artificial intelligence (AI) is reshaping how we manage, consume, and produce energy—from personal devices to provincial grids, its rapid growth to the rising energy demand from AI itself. Listen in to learn how AI impacts our energy systems and what it means individually and industry-wide. Related links: ●       Greg Lindsay website: https://greglindsay.org/ ●       Greg Lindsay on LinkedIn: https://www.linkedin.com/in/greg-lindsay-8b16952/ ●       International Energy Agency (IEA): https://www.iea.org/ ●       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 hydro ottawa.com, Hi everyone. Welcome back. Artificial intelligence, or AI, is a term that you're likely seeing and hearing everywhere today, and with good reason, the effectiveness and efficiency of today's AI, along with the ever increasing applications and use cases mean that in just the past few years, AI went from being a little bit fringe, maybe a little bit theoretical to very real and likely touching everyone's day to day lives in ways that we don't even notice, and we're just at the beginning of what looks to be a wave of many different ways that AI will shape and influence our society and our lives in the years to come. And the world of energy is no different. AI has the potential to change how we manage energy at all levels, from our individual devices and homes and businesses all the way up to our grids at the local, provincial and even national and international levels. At the same time, AI is also a massive consumer of energy, and the proliferation of AI data centers is putting pressure on utilities for more and more power at an unprecedented pace. But before we dive into all that, I also think it will be helpful to define what AI is. After all, the term isn't new. Like me, many of our listeners may have grown up hearing about Skynet from Terminator, or how from 2001 A Space Odyssey, but those malignant, almost sentient versions of AI aren't really what we're talking about here today. And to help shed some light on both what AI is as well as what it can do and how it might influence the world of energy, my guest today is Greg Lindsay, to put it in technical jargon, Greg's bio is super neat, so I do want to take time to run through it properly. Greg is a non resident Senior Fellow of MIT's future urban collectives lab Arizona State University's threat casting lab and the Atlantic Council's Scowcroft center for strategy and security. Most recently, he was a 2022-2023 urban tech Fellow at Cornell Tech's Jacobs Institute, where he explored the implications of AI and augmented reality at an urban scale. Previously, he was an urbanist in resident, which is a pretty cool title, at BMW minis urban tech accelerator, urban X, as well as the director of Applied Research at Montreal's new cities and Founding Director of Strategy at its mobility focused offshoot, co motion. He's advised such firms as Intel, Samsung, Audi, Hyundai, IKEA and Starbucks, along with numerous government entities such as 10 Downing Street, us, Department of Energy and NATO. And finally, and maybe coolest of all, Greg is also a two time Jeopardy champion and the only human to go undefeated against IBM's Watson. So on that note, Greg Lindsey, welcome to the show.   Greg Lindsay  04:14 Great to be here. Thanks for having me. Trevor,   Trevor Freeman  04:16 So Greg, we're here to talk about AI and the impacts that AI is going to have on energy, but AI is a bit of one of those buzzwords that we hear out there in a number of different spheres today. So let's start by setting the stage of what exactly we're talking about. So what do we mean when we say AI or artificial intelligence?   Speaker 1  04:37 Well, I'd say the first thing to keep in mind is that it is neither artificial nor intelligence. It's actually composites of many human hands making it. And of course, it's not truly intelligent either. I think there's at least two definitions for the layman's purposes. One is statistical machine learning. You know that is the previous generation of AI, we could say, doing deep, deep statistical analysis, looking for patterns fitting to. Patterns doing prediction. There's a great book, actually, by some ut professors at monk called prediction machines, which that was a great way of thinking about machine learning and sense of being able to do large scale prediction at scale. And that's how I imagine hydro, Ottawa and others are using this to model out network efficiencies and predictive maintenance and all these great uses. And then the newer, trendier version, of course, is large language models, your quads, your chat gpts, your others, which are based on transformer models, which is a whole series of work that many Canadians worked on, including Geoffrey Hinton and others. And this is what has produced the seemingly magical abilities to produce text and images on demand and large scale analysis. And that is the real power hungry beast that we think of as AI today.   Trevor Freeman  05:42 Right! So different types of AI. I just want to pick those apart a little bit. When you say machine learning, it's kind of being able to repetitively look at something or a set of data over and over and over again. And because it's a computer, it can do it, you know, 1000s or millions of times a second, and learn what, learn how to make decisions based on that. Is that fair to say?   Greg Lindsay  06:06 That's fair to say. And the thing about that is, is like you can train it on an output that you already know, large language models are just vomiting up large parts of pattern recognition, which, again, can feel like magic because of our own human brains doing it. But yeah, machine learning, you can, you know, you can train it to achieve outcomes. You can overfit the models where it like it's trained too much in the past, but, yeah, it's a large scale probabilistic prediction of things, which makes it so powerful for certain uses.   Trevor Freeman  06:26 Yeah, one of the neatest explanations or examples I've seen is, you know, you've got these language models where it seems like this AI, whether it's chat, DBT or whatever, is writing really well, like, you know, it's improving our writing. It's making things sound better. And it seems like it's got a brain behind it, but really, what it's doing is it's going out there saying, What have millions or billions of other people written like this? And how can I take the best things of that? And it can just do that really quickly, and it's learned that that model, so that's super helpful to understand what we're talking about here. So obviously, in your work, you look at the impact of AI on a number of different aspects of our world, our society. What we're talking about here today is particularly the impact of AI when it comes to energy. And I'd like to kind of bucketize our conversation a little bit today, and the first area I want to look at is, what will ai do when it comes to energy for the average Canadian? Let's say so in my home, in my business, how I move around? So I'll start with that. It's kind of a high level conversation. Let's start talking about the different ways that AI will impact you know that our average listener here?   Speaker 1  07:41 Um, yeah, I mean, we can get into a discussion about what it means for the average Canadian, and then also, of course, what it means for Canada in the world as well, because I just got back from South by Southwest in Austin, and, you know, for the second, third year in row, AI was on everyone's lips. But really it's the energy. Is the is the bottleneck. It's the forcing factor. Everyone talked about it, the fact that all the data centers we can get into that are going to be built in the direction of energy. So, so, yeah, energy holds the key to the puzzle there. But, um, you know, from the average gain standpoint, I mean, it's a question of, like, how will these tools actually play out, you know, inside of the companies that are using this, right? And that was a whole other discussion too. It's like, okay, we've been playing around with these tools for two, three years now, what do they actually use to deliver value of your large language model? So I've been saying this for 10 years. If you look at the older stuff you could start with, like smart thermostats, even look at the potential savings of this, of basically using machine learning to optimize, you know, grid optimize patterns of usage, understanding, you know, the ebbs and flows of the grid, and being able to, you know, basically send instructions back and forth. So you know there's stats. You know that, basically you know that you know you could save 10 to 25% of electricity bills. You know, based on this, you could reduce your heating bills by 10 to 15% again, it's basically using this at very large scales of the scale of hydro Ottawa, bigger, to understand this sort of pattern usage. But even then, like understanding like how weather forecasts change, and pulling that data back in to basically make fine tuning adjustments to the thermostats and things like that. So that's one stands out. And then, you know, we can think about longer term. I mean, yeah, lots have been lots has been done on imagining, like electric mobility, of course, huge in Canada, and what that's done to sort of change the overall energy mix virtual power plants. This is something that I've studied, and we've been writing about at Fast Company. At Fast Company beyond for 20 years, imagining not just, you know, the ability to basically, you know, feed renewable electricity back into the grid from people's solar or from whatever sources they have there, but the ability of utilities to basically go in and fine tune, to have that sort of demand shaping as well. And then I think the most interesting stuff, at least in demos, and also blockchain, which has had many theoretical uses, and I've got to see a real one. But one of the best theoretical ones was being able to create neighborhood scale utilities. Basically my cul de sac could have one, and we could trade clean electrons off of our solar panels through our batteries and home scale batteries, using Blockchain to basically balance this out. Yeah, so there's lots of potential, but yeah, it comes back to the notion of people want cheaper utility bills. I did this piece 10 years ago for the Atlantic Council on this we looked at a multi country survey, and the only reason anybody wanted a smart home, which they just were completely skeptical about, was to get those cheaper utility bills. So people pay for that.   Trevor Freeman  10:19 I think it's an important thing to remember, obviously, especially for like the nerds like me, who part of my driver is, I like that cool new tech. I like that thing that I can play with and see my data. But for most people, no matter what we're talking about here, when it comes to that next technology, the goal is make my life a little bit easier, give me more time or whatever, and make things cheaper. And I think especially in the energy space, people aren't putting solar panels on their roof because it looks great. And, yeah, maybe people do think it looks great, but they're putting it up there because they want cheaper electricity. And it's going to be the same when it comes to batteries. You know, there's that add on of resiliency and reliability, but at the end of the day, yeah, I want my bill to be cheaper. And what I'm hearing from you is some of the things we've already seen, like smart thermostats get better as AI gets better. Is that fair to say?   Greg Lindsay  11:12 Well, yeah, on the machine learning side, that you know, you get ever larger data points. This is why data is the coin of the realm. This is why there's a race to collect data on everything. Is why every business model is data collection and everything. Because, yes, not only can they get better, but of course, you know, you compile enough and eventually start finding statistical inferences you never meant to look for. And this is why I've been involved. Just as a side note, for example, of cities that have tried to implement their own data collection of electric scooters and eventually electric vehicles so they could understand these kinds of patterns, it's really the key to anything. And so it's that efficiency throughput which raises some really interesting philosophical questions, particularly about AI like, this is the whole discussion on deep seek. Like, if you make the models more efficient, do you have a Jevons paradox, which is the paradox of, like, the more energy you save through efficiency, the more you consume because you've made it cheaper. So what does this mean that you know that Canadian energy consumption is likely to go up the cleaner and cheaper the electrons get. It's one of those bedeviling sort of functions.   Trevor Freeman  12:06 Yeah interesting. That's definitely an interesting way of looking at it. And you referenced this earlier, and I will talk about this. But at the macro level, the amount of energy needed for these, you know, AI data centers in order to do all this stuff is, you know, we're seeing that explode.   Greg Lindsay  12:22 Yeah, I don't know that. Canadian statistics my fingertips, but I brought this up at Fast Company, like, you know, the IEA, I think International Energy Agency, you know, reported a 4.3% growth in the global electricity grid last year, and it's gonna be 4% this year. That does not sound like much. That is the equivalent of Japan. We're adding in Japan every year to the grid for at least the next two to three years. Wow. And that, you know, that's global South, air conditioning and other needs here too, but that the data centers on top is like the tip of the spear. It's changed all this consumption behavior, where now we're seeing mothballed coal plants and new plants and Three Mile Island come back online, as this race for locking up electrons, for, you know, the race to build God basically, the number of people in AI who think they're literally going to build weekly godlike intelligences, they'll, they won't stop at any expense. And so they will buy as much energy as they can get.   Trevor Freeman  13:09 Yeah, well, we'll get to that kind of grid side of things in a minute. Let's stay at the home first. So when I look at my house, we talked about smart thermostats. We're seeing more and more automation when it comes to our homes. You know, we can program our lights and our door locks and all this kind of stuff. What does ai do in order to make sure that stuff is contributing to efficiency? So I want to do all those fun things, but use the least amount of energy possible.   Greg Lindsay  13:38 Well, you know, I mean, there's, again, there's various metrics there to basically, sort of, you know, program your lights. And, you know, Nest is, you know, Google. Nest is an example of this one, too, in terms of basically learning your ebb and flow and then figuring out how to optimize it over the course of the day. So you can do that, you know, we've seen, again, like the home level. We've seen not only the growth in solar panels, but also in those sort of home battery integration. I was looking up that Tesla Powerwall was doing just great in Canada, until the last couple of months. I assume so, but I it's been, it's been heartening to see that, yeah, this sort of embrace of home energy integration, and so being able to level out, like, peak flow off the grid, so Right? Like being able to basically, at moments of peak demand, to basically draw on your own local resources and reduce that overall strain. So there's been interesting stuff there. But I want to focus for a moment on, like, terms of thinking about new uses. Because, you know, again, going back to how AI will influence the home and automation. You know, Jensen Wong of Nvidia has talked about how this will be the year of robotics. Google, Gemini just applied their models to robotics. There's startups like figure there's, again, Tesla with their optimists, and, yeah, there's a whole strain of thought that we're about to see, like home robotics, perhaps a dream from like, the 50s. I think this is a very Disney World esque Epcot Center, yeah, with this idea of jetsy, yeah, of having home robots doing work. You can see concept videos a figure like doing the actual vacuuming. I mean, we invented Roombas to this, but, but it also, I, you know, I've done a lot of work. Our own thinking around electric delivery vehicles. We could talk a lot about drones. We could talk a lot about the little robots that deliver meals on the sidewalk. There's a lot of money in business models about increasing access and people needing to maybe move less, to drive and do all these trips to bring it to them. And that's a form of home automation, and that's all batteries. That is all stuff off the grid too. So AI is that enable those things, these things that can think and move and fly and do stuff and do services on your behalf, and so people might find this huge new source of demand from that as well.   Trevor Freeman  15:29 Yeah, that's I hadn't really thought about the idea that all the all these sort of conveniences and being able to summon them to our homes cause us to move around less, which also impacts transportation, which is another area I kind of want to get to. And I know you've, you've talked a little bit about E mobility, so where do you see that going? And then, how does AI accelerate that transition, or accelerate things happening in that space?   Greg Lindsay  15:56 Yeah, I mean, I again, obviously the EV revolutions here Canada like, one of the epicenters Canada, Norway there, you know, that still has the vehicle rebates and things. So, yeah. I mean, we've seen, I'm here in Montreal, I think we've got, like, you know, 30 to 13% of sales is there, and we've got our 2035, mandate. So, yeah. I mean, you see this push, obviously, to harness all of Canada's clean, mostly hydro electricity, to do this, and, you know, reduce its dependence on fossil fuels for either, you know, Climate Change Politics reasons, but also just, you know, variable energy prices. So all of that matters. But, you know, I think the key to, like the electric mobility revolution, again, is, is how it's going to merge with AI and it's, you know, it's not going to just be the autonomous, self driving car, which is sort of like the horseless carriage of autonomy. It's gonna be all this other stuff, you know. My friend Dan Hill was in China, and he was thinking about like, electric scooters, you know. And I mentioned this to hydro Ottawa, like, the electric scooter is one of the leading causes of how we've taken internal combustion engine vehicles offline across the world, mostly in China, and put people on clean electric motors. What happens when you take those and you make those autonomous, and you do it with, like, deep seek and some cameras, and you sort of weld it all together so you could have a world of a lot more stuff in motion, and not just this world where we have to drive as much. And that, to me, is really exciting, because that changes, like urban patterns, development patterns, changes how you move around life, those kinds of things as well. That's that might be a little farther out, but, but, yeah, this sort of like this big push to build out domestic battery industries, to build charging points and the sort of infrastructure there, I think it's going to go in direction, but it doesn't look anything like, you know, a sedan or an SUV that just happens to be electric.   Trevor Freeman  17:33 I think that's a the step change is change the drive train of the existing vehicles we have, you know, an internal combustion to a battery. The exponential change is exactly what you're saying. It's rethinking this.   Greg Lindsay  17:47 Yeah, Ramesam and others have pointed out, I mean, again, like this, you know, it's, it's really funny to see this pushback on EVs, you know. I mean, I love a good, good roar of an internal combustion engine myself, but, but like, you know, Ramesam was an energy analyst, has pointed out that, like, you know, EVS were more cost competitive with ice cars in 2018 that's like, nearly a decade ago. And yeah, the efficiency of electric motors, particularly regenerative braking and everything, it just blows the cost curves away of ice though they will become the equivalent of keeping a thorough brat around your house kind of thing. Yeah, so, so yeah, it's just, it's that overall efficiency of the drive train. And that's the to me, the interesting thing about both electric motors, again, of autonomy is like, those are general purpose technologies. They get cheaper and smaller as they evolve under Moore's Law and other various laws, and so they get to apply to more and more stuff.   Trevor Freeman  18:32 Yeah. And then when you think about once, we kind of figure that out, and we're kind of already there, or close to it, if not already there, then it's opening the door to those other things you're talking about. Of, well, do we, does everybody need to have that car in their driveway? Are we rethinking how we're actually just doing transportation in general? And do we need a delivery truck? Or can it be delivery scooter? Or what does that look like?   Greg Lindsay  18:54 Well, we had a lot of those discussions for a long time, particularly in the mobility space, right? Like, and like ride hailing, you know, like, oh, you know, that was always the big pitch of an Uber is, you know, your car's parked in your driveway, like 94% of the time. You know, what happens if you're able to have no mobility? Well, we've had 15 years of Uber and these kinds of services, and we still have as many cars. But people are also taking this for mobility. It's additive. And I raised this question, this notion of like, it's just sort of more and more, more options, more availability, more access. Because the same thing seems to be going on with energy now too. You know, listeners been following along, like the conversation in Houston, you know, a week or two ago at Sarah week, like it's the whole notion of energy realism. And, you know, there's the new book out, more is more is more, which is all about the fact that we've never had an energy transition. We just kept piling up. Like the world burned more biomass last year than it did in 1900 it burned more coal last year than it did at the peak of coal. Like these ages don't really end. They just become this sort of strata as we keep piling energy up on top of it. And you know, I'm trying to sound the alarm that we won't have an energy transition. What that means for climate change? But similar thing, it's. This rebound effect, the Jevons paradox, named after Robert Stanley Jevons in his book The question of coal, where he noted the fact that, like, England was going to need more and more coal. So it's a sobering thought. But, like, I mean, you know, it's a glass half full, half empty in many ways, because the half full is like increasing technological options, increasing changes in lifestyle. You can live various ways you want, but, but, yeah, it's like, I don't know if any of it ever really goes away. We just get more and more stuff,   Trevor Freeman  20:22 Exactly, well. And, you know, to hear you talk about the robotics side of things, you know, looking at the home, yeah, more, definitely more. Okay, so we talked about kind of home automation. We've talked about transportation, how we get around. What about energy management? And I think about this at the we'll talk about the utility side again in a little bit. But, you know, at my house, or for my own personal use in my life, what is the role of, like, sort of machine learning and AI, when it comes to just helping me manage my own energy better and make better decisions when it comes to energy? ,   Greg Lindsay  20:57 Yeah, I mean, this is where it like comes in again. And you know, I'm less and less of an expert here, but I've been following this sort of discourse evolve. And right? It's the idea of, you know, yeah, create, create. This the set of tools in your home, whether it's solar panels or batteries or, you know, or Two Way Direct, bi directional to the grid, however it works. And, yeah, and people, you know, given this option of savings, and perhaps, you know, other marketing messages there to curtail behavior. You know? I mean, I think the short answer the question is, like, it's an app people want, an app that tell them basically how to increase the efficiency of their house or how to do this. And I should note that like, this has like been the this is the long term insight when it comes to like energy and the clean tech revolution. Like my Emery Levin says this great line, which I've always loved, which is, people don't want energy. They want hot showers and cold beer. And, you know, how do you, how do you deliver those things through any combination of sticks and carrots, basically like that. So, So, hence, why? Like, again, like, you know, you know, power walls, you know, and, and, and, you know, other sort of AI controlled batteries here that basically just sort of smooth out to create the sort of optimal flow of electrons into your house, whether that's coming drive directly off the grid or whether it's coming out of your backup and then recharging that the time, you know, I mean, the surveys show, like, more than half of Canadians are interested in this stuff, you know, they don't really know. I've got one set here, like, yeah, 61% are interested in home energy tech, but only 27 understand, 27% understand how to optimize them. So, yeah. So people need, I think, perhaps, more help in handing that over. And obviously, what's exciting for the, you know, the utility level is, like, you know, again, aggregate all that individual behavior together and you get more models that, hope you sort of model this out, you know, at both greater scale and ever more fine grained granularity there. So, yeah, exactly. So I think it's really interesting, you know, I don't know, like, you know, people have gamified it. What was it? I think I saw, like, what is it? The affordability fund trust tried to basically gamify AI energy apps, and it created various savings there. But a lot of this is gonna be like, as a combination like UX design and incentives design and offering this to people too, about, like, why you should want this and money's one reason, but maybe there's others.   Trevor Freeman  22:56 Yeah, and we talk about in kind of the utility sphere, we talk about how customers, they don't want all the data, and then have to go make their own decisions. They want those decisions to be made for them, and they want to say, look, I want to have you tell me the best rate plan to be on. I want to have you automatically switch me to the best rate plan when my consumption patterns change and my behavior chat patterns change. That doesn't exist today, but sort of that fast decision making that AI brings will let that become a reality sometime in the future,   Greg Lindsay  23:29 And also in theory, this is where LLMs come into play. Is like, you know, to me, what excites me the most about that is the first time, like having a true natural language interface, like having being able to converse with an, you know, an AI, let's hopefully not chat bot. I think we're moving out on chat bots, but some sort of sort of instantiation of an AI to be like, what plan should I be on? Can you tell me what my behavior is here and actually having some sort of real language conversation with it? Not decision trees, not event statements, not chat bots.   Trevor Freeman  23:54 Yeah, absolutely. Okay, so we've kind of teased around this idea of looking at the utility levels, obviously, at hydro Ottawa, you referenced this just a minute ago. We look at all these individual cases, every home that has home automation or solar storage, and we want to aggregate that and understand what, what can we do to help manage the grid, help manage all these new energy needs, shift things around. So let's talk a little bit about the role that AI can play at the utility scale in helping us manage the grid.   Greg Lindsay  24:28 All right? Well, yeah, there's couple ways to approach it. So one, of course, is like, let's go back to, like, smart meters, right? Like, and this is where I don't know how many hydro Ottawa has, but I think, like, BC Hydro has like, 2 million of them, sometimes they get politicized, because, again, this gets back to this question of, like, just, just how much nanny state you want. But, you know, you know, when you reach the millions, like, yeah, you're able to get that sort of, you know, obviously real time, real time usage, real time understanding. And again, if you can do that sort of grid management piece where you can then push back, it's visual game changer. But, but yeah. I mean, you know, yeah, be. See hydro is pulling in. I think I read like, like, basically 200 million data points a day. So that's a lot to train various models on. And, you know, I don't know exactly the kind of savings they have, but you can imagine there, whether it's, you know, them, or Toronto Hydro, or hydro Ottawa and others creating all these monitoring points. And again, this is the thing that bedells me, by the way, just philosophically about modern life, the notion of like, but I don't want you to be collecting data off me at all times, but look at what you can do if you do It's that constant push pull of some sort of combination of privacy and agency, and then just the notion of like statistics, but, but there you are, but, but, yeah, but at the grid level, then I mean, like, yeah. I mean, you can sort of do the same thing where, like, you know, I mean, predictive maintenance is the obvious one, right? I have been writing about this for large enterprise software companies for 20 years, about building these data points, modeling out the lifetime of various important pieces equipment, making sure you replace them before you have downtime and terrible things happen. I mean, as we're as we're discussing this, look at poor Heathrow Airport. I am so glad I'm not flying today, electrical substation blowing out two days of the world's most important hub offline. So that's where predictive maintenance comes in from there. And, yeah, I mean, I, you know, I again, you know, modeling out, you know, energy flow to prevent grid outages, whether that's, you know, the ice storm here in Quebec a couple years ago. What was that? April 23 I think it was, yeah, coming up in two years. Or our last ice storm, we're not the big one, but that one, you know, where we had big downtime across the grid, like basically monitoring that and then I think the other big one for AI is like, Yeah, is this, this notion of having some sort of decision support as well, too, and sense of, you know, providing scenarios and modeling out at scale the potential of it? And I don't think, I don't know about this in a grid case, but the most interesting piece I wrote for Fast Company 20 years ago was an example, ago was an example of this, which was a fledgling air taxi startup, but they were combining an agent based model, so using primitive AI to create simple rules for individual agents and build a model of how they would behave, which you can create much more complex models. Now we could talk about agents and then marrying that to this kind of predictive maintenance and operations piece, and marrying the two together. And at that point, you could have a company that didn't exist, but that could basically model itself in real time every day in the life of what it is. You can create millions and millions and millions of Monte Carlo operations. And I think that's where perhaps both sides of AI come together truly like the large language models and agents, and then the predictive machine learning. And you could basically hydro or others, could build this sort of deep time machine where you can model out all of these scenarios, millions and millions of years worth, to understand how it flows and contingencies as well. And that's where it sort of comes up. So basically something happens. And like, not only do you have a set of plans, you have an AI that has done a million sets of these plans, and can imagine potential next steps of this, or where to deploy resources. And I think in general, that's like the most powerful use of this, going back to prediction machines and just being able to really model time in a way that we've never had that capability before. And so you probably imagine the use is better than I.   Trevor Freeman  27:58 Oh man, it's super fascinating, and it's timely. We've gone through the last little while at hydro Ottawa, an exercise of updating our playbook for emergencies. So when there are outages, what kind of outage? What's the sort of, what are the trigger points to go from, you know, what we call a level one to a level two to level three. But all of this is sort of like people hours that are going into that, and we're thinking through these scenarios, and we've got a handful of them, and you're just kind of making me think, well, yeah, what if we were able to model that out? And you bring up this concept of agents, let's tease into that a little bit explain what you mean when you're talking about agents.   Greg Lindsay  28:36 Yeah, so agentic systems, as the term of art is, AI instantiations that have some level of autonomy. And the archetypal example of this is the Stanford Smallville experiment, where they took basically a dozen large language models and they gave it an architecture where they could give it a little bit of backstory, ruminate on it, basically reflect, think, decide, and then act. And in this case, they used it to plan a Valentine's Day party. So they played out real time, and the LLM agents, like, even played matchmaker. They organized the party, they sent out invitations, they did these sorts of things. Was very cute. They put it out open source, and like, three weeks later, another team of researchers basically put them to work writing software programs. So you can see they organized their own workflow. They made their own decisions. There was a CTO. They fact check their own work. And this is evolving into this grand vision of, like, 1000s, millions of agents, just like, just like you spin up today an instance of Amazon Web Services to, like, host something in the cloud. You're going to spin up an agent Nvidia has talked about doing with healthcare and others. So again, coming back to like, the energy implications of that, because it changes the whole pattern. Instead of huge training runs requiring giant data centers. You know, it's these agents who are making all these calls and doing more stuff at the edge, but, um, but yeah, in this case, it's the notion of, you know, what can you put the agents to work doing? And I bring this up again, back to, like, predictive maintenance, or for hydro Ottawa, there's another amazing paper called virtual in real life. And I chatted with one of the principal authors. It created. A half dozen agents who could play tour guide, who could direct you to a coffee shop, who do these sorts of things, but they weren't doing it in a virtual world. They were doing it in the real one. And to do it in the real world, you took the agent, you gave them a machine vision capability, so added that model so they could recognize objects, and then you set them loose inside a digital twin of the world, in this case, something very simple, Google Street View. And so in the paper, they could go into like New York Central Park, and they could count every park bench and every waste bin and do it in seconds and be 99% accurate. And so agents were monitoring the landscape. Everything's up, because you can imagine this in the real world too, that we're going to have all the time. AIS roaming the world, roaming these virtual maps, these digital twins that we build for them and constantly refresh from them, from camera data, from sensor data, from other stuff, and tell us what this is. And again, to me, it's really exciting, because that's finally like an operating system for the internet of things that makes sense, that's not so hardwired that you can ask agents, can you go out and look for this for me? Can you report back on this vital system for me? And they will be able to hook into all of these kinds of representations of real time data where they're emerging from, and give you aggregated reports on this one. And so, you know, I think we have more visibility in real time into the real world than we've ever had before.   Trevor Freeman  31:13 Yeah, I want to, I want to connect a few dots here for our listeners. So bear with me for a second. Greg. So for our listeners, there was a podcast episode we did about a year ago on our grid modernization roadmap, and we talked about one of the things we're doing with grid modernization at hydro Ottawa and utilities everywhere doing this is increasing the sensor data from our grid. So we're, you know, right now, we've got visibility sort of to our station level, sometimes one level down to some switches. But in the future, we'll have sensors everywhere on our grid, every switch, every device on our grid, will have a sensor gathering data. Obviously, you know, like you said earlier, millions and hundreds of millions of data points every second coming in. No human can kind of make decisions on that, and what you're describing is, so now we've got all this data points, we've got a network of information out there, and you could create this agent to say, Okay, you are. You're my transformer agent. Go out there and have a look at the run temperature of every transformer on the network, and tell me where the anomalies are, which ones are running a half a degree or two degrees warmer than they should be, and report back. And now I know hydro Ottawa, that the controller, the person sitting in the room, knows, Hey, we should probably go roll a truck and check on that transformer, because maybe it's getting end of life. Maybe it's about to go and you can do that across the entire grid. That's really fascinating,   Greg Lindsay  32:41 And it's really powerful, because, I mean, again, these conversations 20 years ago at IoT, you know you're going to have statistical triggers, and you would aggregate these data coming off this, and there was a lot of discussion there, but it was still very, like hardwired, and still very Yeah, I mean, I mean very probabilistic, I guess, for a word that went with agents like, yeah, you've now created an actual thing that can watch those numbers and they can aggregate from other systems. I mean, lots, lots of potential there hasn't quite been realized, but it's really exciting stuff. And this is, of course, where that whole direction of the industry is flowing. It's on everyone's lips, agents.   Trevor Freeman  33:12 Yeah. Another term you mentioned just a little bit ago that I want you to explain is a digital twin. So tell us what a digital twin is.   Greg Lindsay  33:20 So a digital twin is, well, the matrix. Perhaps you could say something like this for listeners of a certain age, but the digital twin is the idea of creating a model of a piece of equipment, of a city, of the world, of a system. And it is, importantly, it's physics based. It's ideally meant to represent and capture the real time performance of the physical object it's based on, and in this digital representation, when something happens in the physical incarnation of it, it triggers a corresponding change in state in the digital twin, and then vice versa. In theory, you know, you could have feedback loops, again, a lot of IoT stuff here, if you make changes virtually, you know, perhaps it would cause a change in behavior of the system or equipment, and the scales can change from, you know, factory equipment. Siemens, for example, does a lot of digital twin work on this. You know, SAP, big, big software companies have thought about this. But the really crazy stuff is, like, what Nvidia is proposing. So first they started with a digital twin. They very modestly called earth two, where they were going to model all the weather and climate systems of the planet down to like the block level. There's a great demo of like Jensen Wong walking you through a hurricane, typhoons striking the Taipei, 101, and how, how the wind currents are affecting the various buildings there, and how they would change that more recently, what Nvidia is doing now is, but they just at their big tech investor day, they just partner with General Motors and others to basically do autonomous cars. And what's crucial about it, they're going to train all those autonomous vehicles in an NVIDIA built digital twin in a matrix that will act, that will be populated by agents that will act like people, people ish, and they will be able to run millions of years of autonomous vehicle training in this and this is how they plan to catch up to. Waymo or, you know, if Tesla's robotaxis are ever real kind of thing, you know, Waymo built hardwired like trained on real world streets, and that's why they can only operate in certain operating domain environments. Nvidia is gambling that with large language models and transformer models combined with digital twins, you can do these huge leapfrog effects where you can basically train all sorts of synthetic agents in real world behavior that you have modeled inside the machine. So again, that's the kind, that's exactly the kind of, you know, environment that you're going to train, you know, your your grid of the future on for modeling out all your contingency scenarios.   Trevor Freeman  35:31 Yeah, again, you know, for to bring this to the to our context, a couple of years ago, we had our the direcco. It's a big, massive windstorm that was one of the most damaging storms that we've had in Ottawa's history, and we've made some improvements since then, and we've actually had some great performance since then. Imagine if we could model that derecho hitting our grid from a couple different directions and figure out, well, which lines are more vulnerable to wind speeds, which lines are more vulnerable to flying debris and trees, and then go address that and do something with that, without having to wait for that storm to hit. You know, once in a decade or longer, the other use case that we've talked about on this one is just modeling what's happening underground. So, you know, in an urban environments like Ottawa, like Montreal, where you are, there's tons of infrastructure under the ground, sewer pipes, water pipes, gas lines, electrical lines, and every time the city wants to go and dig up a road and replace that road, replace that sewer, they have to know what's underground. We want to know what's underground there, because our infrastructure is under there. As the electric utility. Imagine if you had a model where you can it's not just a map. You can actually see what's happening underground and determine what makes sense to go where, and model out these different scenarios of if we underground this line or that line there. So lots of interesting things when it comes to a digital twin. The digital twin and Agent combination is really interesting as well, and setting those agents loose on a model that they can play with and understand and learn from. So talk a little bit about.   Greg Lindsay  37:11 that. Yeah. Well, there's a couple interesting implications just the underground, you know, equipment there. One is interesting because in addition to, like, you know, you know, having captured that data through mapping and other stuff there, and having agents that could talk about it. So, you know, next you can imagine, you know, I've done some work with augmented reality XR. This is sort of what we're seeing again, you know, meta Orion has shown off their concept. Google's brought back Android XR. Meta Ray Bans are kind of an example of this. But that's where this data will come from, right? It's gonna be people wearing these wearables in the world, capturing all this camera data and others that's gonna be fed into these digital twins to refresh them. Meta has a particularly scary demo where you know where you the user, the wearer leaves their keys on their coffee table and asks metas, AI, where their coffee where their keys are, and it knows where they are. It tells them and goes back and shows them some data about it. I'm like, well, to do that, meta has to have a complete have a complete real time map of your entire house. What could go wrong. And that's what all these companies aspire to of reality. So, but yeah, you can imagine, you know, you can imagine a worker. And I've worked with a startup out of urban X, a Canada startup, Canadian startup called context steer. And you know, is the idea of having real time instructions and knowledge manuals available to workers, particularly predictive maintenance workers and line workers. So you can imagine a technician dispatched to deal with this cut in the pavement and being able to see with XR and overlay of like, what's actually under there from the digital twin, having an AI basically interface with what's sort of the work order, and basically be your assistant that can help you walk you through it, in case, you know, you run into some sort of complication there, hopefully that won't be, you know, become like, turn, turn by turn, directions for life that gets into, like, some of the questions about what we wanted out of our workforce. But there's some really interesting combinations of those things, of like, you know, yeah, mapping a world for AIS, ais that can understand it, that could ask questions in it, that can go probe it, that can give you advice on what to do in it. All those things are very close for good and for bad.   Trevor Freeman  39:03 You kind of touched on my next question here is, how do we make sure this is all in the for good or mostly in the for good category, and not the for bad category you talk in one of the papers that you wrote about, you know, AI and augmented reality in particular, really expanding the attack surface for malicious actors. So we're creating more opportunities for whatever the case may be, if it's hacking or if it's malware, or if it's just, you know, people that are up to nefarious things. How do we protect against that? How do we make sure that our systems are safe that the users of our system. So in our case, our customers, their data is safe, their the grid is safe. How do we make sure that?   Greg Lindsay  39:49 Well, the very short version is, whatever we're spending on cybersecurity, we're not spending enough. And honestly, like everybody who is no longer learning to code, because we can be a quad or ChatGPT to do it, I. Is probably there should be a whole campaign to repurpose a big chunk of tech workers into cybersecurity, into locking down these systems, into training ethical systems. There's a lot of work to be done there. But yeah, that's been the theme for you know that I've seen for 10 years. So that paper I mentioned about sort of smart homes, the Internet of Things, and why people would want a smart home? Well, yeah, the reason people were skeptical is because they saw it as basically a giant attack vector. My favorite saying about this is, is, there's a famous Arthur C Clarke quote that you know, any sufficiently advanced technology is magic Tobias Ravel, who works at Arup now does their head of foresight has this great line, any sufficiently advanced hacking will feel like a haunting meaning. If you're in a smart home that's been hacked, it will feel like you're living in a haunted house. Lights will flicker on and off, and systems will turn and go haywire. It'll be like you're living with a possessed house. And that's true of cities or any other systems. So we need to do a lot of work on just sort of like locking that down and securing that data, and that is, you know, we identified, then it has to go all the way up and down the supply chain, like you have to make sure that there is, you know, a chain of custody going back to when components are made, because a lot of the attacks on nest, for example. I mean, you want to take over a Google nest, take it off the wall and screw the back out of it, which is a good thing. It's not that many people are prying open our thermostats, but yeah, if you can get your hands on it, you can do a lot of these systems, and you can do it earlier in the supply chain and sorts of infected pieces and things. So there's a lot to be done there. And then, yeah, and then, yeah, and then there's just a question of, you know, making sure that the AIs are ethically trained and reinforced. And, you know, a few people want to listeners, want to scare themselves. You can go out and read some of the stuff leaking out of anthropic and others and make clot of, you know, models that are trying to hide their own alignments and trying to, like, basically copy themselves. Again, I don't believe that anything things are alive or intelligent, but they exhibit these behaviors as part of the probabilistic that's kind of scary. So there's a lot to be done there. But yeah, we worked on this, the group that I do foresight with Arizona State University threat casting lab. We've done some work for the Secret Service and for NATO and, yeah, there'll be, you know, large scale hackings on infrastructure. Basically the equivalent can be the equivalent can be the equivalent to a weapons of mass destruction attack. We saw how Russia targeted in 2014 the Ukrainian grid and hacked their nuclear plans. This is essential infrastructure more important than ever, giving global geopolitics say the least, so that needs to be under consideration. And I don't know, did I scare you enough yet? What are the things we've talked through here that, say the least about, you know, people being, you know, tricked and incepted by their AI girlfriends, boyfriends. You know people who are trying to AI companions. I can't possibly imagine what could go wrong there.   Trevor Freeman  42:29 I mean, it's just like, you know, I don't know if this is 15 or 20, or maybe even 25 years ago now, like, it requires a whole new level of understanding when we went from a completely analog world to a digital world and living online, and people, I would hope, to some degree, learned to be skeptical of things on the internet and learned that this is that next level. We now need to learn the right way of interacting with this stuff. And as you mentioned, building the sort of ethical code and ethical guidelines into these language models into the AI. Learning is pretty critical for our listeners. We do have a podcast episode on cybersecurity. I encourage you to go listen to it and reassure yourself that, yes, we are thinking about this stuff. And thanks, Greg, you've given us lots more to think about in that area as well. When it comes to again, looking back at utilities and managing the grid, one thing we're going to see, and we've talked a lot about this on the show, is a lot more distributed generation. So we're, you know, the days of just the central, large scale generation, long transmission lines that being the only generation on the grid. Those days are ending. We're going to see more distributed generations, solar panels on roofs, batteries. How does AI help a utility manage those better, interact with those better get more value out of those things?   Greg Lindsay  43:51 I guess that's sort of like an extension of some of the trends I was talking about earlier, which is the notion of, like, being able to model complex systems. I mean, that's effectively it, right, like you've got an increasingly complex grid with complex interplays between it, you know, figuring out how to basically based on real world performance, based on what you're able to determine about where there are correlations and codependencies in the grid, where point where choke points could emerge, where overloading could happen, and then, yeah, basically, sort of building that predictive system to Basically, sort of look for what kind of complex emergent behavior comes out of as you keep adding to it and and, you know, not just, you know, based on, you know, real world behavior, but being able to dial that up to 11, so to speak, and sort of imagine sort of these scenarios, or imagine, you know, what, what sort of long term scenarios look like in terms of, like, what the mix, how the mix changes, how the geography changes, all those sorts of things. So, yeah, I don't know how that plays out in the short term there, but it's this combination, like I'm imagining, you know, all these different components playing SimCity for real, if one will.   Trevor Freeman  44:50 And being able to do it millions and millions and millions of times in a row, to learn every possible iteration and every possible thing that might happen. Very cool. Okay. So last kind of area I want to touch on you did mention this at the beginning is the the overall power implications of of AI, of these massive data centers, obviously, at the utility, that's something we are all too keenly aware of. You know, the stat that that I find really interesting is a normal Google Search compared to, let's call it a chat GPT search. That chat GPT search, or decision making, requires 10 times the amount of energy as that just normal, you know, Google Search looking out from a database. Do you see this trend? I don't know if it's a trend. Do you see this continuing like AI is just going to use more power to do its decision making, or will we start to see more efficiencies there? And the data centers will get better at doing what they do with less energy. What is the what does the future look like in that sector?   Greg Lindsay  45:55 All the above. It's more, is more, is more! Is the trend, as far as I can see, and every decision maker who's involved in it. And again, Jensen Wong brought this up at the big Nvidia Conference. That basically he sees the only constraint on this continuing is availability of energy supplies keep it going and South by Southwest. And in some other conversations I've had with bandwidth companies, telcos, like laying 20 lumen technologies, United States is laying 20,000 new miles of fiber optic cables. They've bought 10% of Corning's total fiber optic output for the next couple of years. And their customers are the hyperscalers. They're, they're and they're rewiring the grid. That's why, I think it's interesting. This has something, of course, for thinking about utilities, is, you know, the point to point Internet of packet switching and like laying down these big fiber routes, which is why all the big data centers United States, the majority of them, are in north of them are in Northern Virginia, is because it goes back to the network hub there. Well, lumen is now wiring this like basically this giant fabric, this patchwork, which can connect data center to data center, and AI to AI and cloud to cloud, and creating this entirely new environment of how they are all directly connected to each other through some of this dedicated fiber. And so you can see how this whole pattern is changing. And you know, the same people are telling me that, like, yeah, the where they're going to build this fiber, which they wouldn't tell me exactly where, because it's very tradable, proprietary information, but, um, but it's following the energy supplies. It's following the energy corridors to the American Southwest, where there's solar and wind in Texas, where you can get natural gas, where you can get all these things. It will follow there. And I of course, assume the same is true in Canada as we build out our own sovereign data center capacity for this. So even, like deep seek, for example, you know, which is, of course, the hyper efficient Chinese model that spooked the markets back in January. Like, what do you mean? We don't need a trillion dollars in capex? Well, everyone's quite confident, including again, Jensen Wong and everybody else that, yeah, the more efficient models will increase this usage. That Jevons paradox will play out once again, and we'll see ever more of it. To me, the question is, is like as how it changes? And of course, you know, you know, this is a bubble. Let's, let's, let's be clear, data centers are a bubble, just like railroads in 1840 were a bubble. And there will be a bust, like not everyone's investments will pencil out that infrastructure will remain maybe it'll get cheaper. We find new uses for it, but it will, it will eventually bust at some point and that's what, to me, is interesting about like deep seeking, more efficient models. Is who's going to make the wrong investments in the wrong places at the wrong time? But you know, we will see as it gathers force and agents, as I mentioned. You know, they don't require, as much, you know, these monstrous training runs at City sized data centers. You know, meta wanted to spend $200 billion on a single complex, the open AI, Microsoft, Stargate, $500 billion Oracle's. Larry Ellison said that $100 billion is table stakes, which is just crazy to think about. And, you know, he's permitting three nukes on site. So there you go. I mean, it'll be fascinating to see if we have a new generation of private, private generation, right, like, which is like harkening all the way back to, you know, the early electrical grid and companies creating their own power plants on site, kind of stuff. Nicholas Carr wrote a good book about that one, about how we could see from the early electrical grid how the cloud played out. They played out very similarly. The AI cloud seems to be playing out a bit differently. So, so, yeah, I imagine that as well, but, but, yeah, well, inference happen at the edge. We need to have more distributed generation, because you're gonna have AI agents that are going to be spending more time at the point of request, whether that's a laptop or your phone or a light post or your autonomous vehicle, and it's going to need more of that generation and charging at the edge. That, to me, is the really interesting question. Like, you know, when these current generation models hit their limits, and just like with Moore's law, like, you know, you have to figure out other efficiencies in designing chips or designing AIS, how will that change the relationship to the grid? And I don't think anyone knows quite for sure yet, which is why they're just racing to lock up as many long term contracts as they possibly can just get it all, core to the market.   Trevor Freeman  49:39 Yeah, it's just another example, something that comes up in a lot of different topics that we cover on this show. Everything, obviously, is always related to the energy transition. But the idea that the energy transition is really it's not just changing fuel sources, like we talked about earlier. It's not just going from internal combustion to a battery. It's rethinking the. Relationship with energy, and it's rethinking how we do things. And, yeah, you bring up, like, more private, massive generation to deal with these things. So really, that whole relationship with energy is on scale to change. Greg, this has been a really interesting conversation. I really appreciate it. Lots to pack into this short bit of time here. We always kind of wrap up our conversations with a series of questions to our guests. So I'm going to fire those at you here. And this first one, I'm sure you've got lots of different examples here, so feel free to give more than one. What is a book that you've read that you think everybody should read?   Greg Lindsay  50:35 The first one that comes to mind is actually William Gibson's Neuromancer, which is which gave the world the notion of cyberspace and so many concepts. But I think about it a lot today. William Gibson, Vancouver based author, about how much in that book is something really think about. There is a digital twin in it, an agent called the Dixie flatline. It's like a former program where they cloned a digital twin of him. I've actually met an engineering company, Thornton Thomas Eddie that built a digital twin of one of their former top experts. So like that became real. Of course, the matrix is becoming real the Turing police. Yeah, there's a whole thing in there where there's cops to make sure that AIS don't get smarter. I've been thinking a lot about, do we need Turing police? The EU will probably create them. And so that's something where you know the proof, again, of like science fiction, its ability in world building to really make you think about these implications and help for contingency planning. A lot of foresight experts I work with think about sci fi, and we use sci fi for exactly that reason. So go read some classic cyberpunk, everybody.   Trevor Freeman  51:32 Awesome. So same question. But what's a movie or a show that you think everybody should take a look at?   Greg Lindsay  51:38 I recently watched the watch the matrix with ideas, which is fun to think about, where the villains are, agents that villains are agents. That's funny how that terms come back around. But the other one was thinking about the New Yorker recently read a piece on global demographics and the fact that, you know, globally, less and less children. And it made several references to Alfonso Quons, Children of Men from 2006 which is, sadly, probably the most prescient film of the 21st Century. Again, a classic to watch, about imagining in a world where we don't where you where you lose faith in the future, what happens, and a world that is not having children as a world that's losing faith in its own future. So that's always haunted me.   Trevor Freeman  52:12 It's funny both of those movies. So I've got kids as they get, you know, a little bit older, a little bit older, we start introducing more and more movies. And I've got this list of movies that are just, you know, impactful for my own adolescent years and growing up. And both matrix and Children of Men are on that list of really good movies that I just need my kids to get a little bit older, and then I'm excited to watch with them. If someone offered you a free round trip flight anywhere in the world, where would you go?   Greg Lindsay  52:40 I would go to Venice, Italy for the Architecture Biennale, which I will be on a plane in May, going to anyway. And the theme this year is intelligence, artificial, natural and collective. So it should be interesting to see the world's brightest architects. Let's see what we got. But yeah, Venice, every time, my favorite city in the world.   Trevor Freeman  52:58 Yeah, it's pretty wonderful. Who is someone that you admire?   Greg Lindsay  53:01 Great question.

Energy News Beat Podcast
Wind and Solar's Day of Reckoning. Who's Gonna Pay?

Energy News Beat Podcast

Play Episode Listen Later Jul 17, 2025 14:58


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 –

Columbia Energy Exchange
Is AI Friend or Foe to the Clean Energy Transition?

Columbia Energy Exchange

Play Episode Listen Later Jul 8, 2025 53:56


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.  

De Energie Gasten
#41 - AI en de energietransitie: in gesprek met Titaan Palazzi (Myst)

De Energie Gasten

Play Episode Listen Later Jun 30, 2025 37:32


In deze aflevering alles over AI en de energietransitie. Titiaan Palazzi richtte in 2018 Myst op in de Verenigde Staten. In 5 jaar tijd bouwde hij dit uit tot een bedrijf dat energiemaatschappijen, ontwikkelaars en andere partijen hielp met het voorspellen van de steeds dynamischere vraag en aanbod van elektriciteit. Hoe hielp hij zijn klanten precies? Welke kansen van AI in de energietransitie ziet Titiaan nog meer? En hoe verhouden deze kansen zich tot het enorme energieverbruik van AI zelf? In 2023 is Myst overgenomen door Snowflake en Titiaan heeft ondertussen zijn handen weer vrij voor een volgend avontuur. Links: - Titiaan op LinkedIn: https://www.linkedin.com/in/titiaanpalazzi/ - het rapport van de International Energy Agency (IEA) over AI: https://www.iea.org/reports/energy-and-ai - link naar Snowflake, het bedrijf dat Myst overgenomen heeft: https://www.snowflake.com/en/

Energy Evolution
Critical minerals and renewables: A new era of energy security

Energy Evolution

Play Episode Listen Later May 6, 2025 17:44


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.

Battery Metals Podcast
Critical minerals and renewables: A new era of energy security

Battery Metals Podcast

Play Episode Listen Later May 6, 2025 17:44


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.

ThinkEnergy
Empowering power: how AI impacts energy systems

ThinkEnergy

Play Episode Listen Later Apr 28, 2025 54:27


Greg Lindsay is an urban tech expert and a Senior Fellow at MIT. He's also a two-time Jeopardy champion and the only human to go undefeated against IBM's Watson. Greg joins thinkenergy to talk about how artificial intelligence (AI) is reshaping how we manage, consume, and produce energy—from personal devices to provincial grids. He also explores its rapid growth and the rising energy demand from AI itself. Listen in to learn how AI impacts our energy systems and what it means individually and industry-wide. Related links ●     Greg Lindsay website: https://greglindsay.org/ ●     Greg Lindsay on LinkedIn: https://www.linkedin.com/in/greg-lindsay-8b16952/ ●     International Energy Agency (IEA): https://www.iea.org/ ●     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

Everything About Hydrogen - an inspiratia podcast
Clean Energy Marine Hubs with CEM Lead Coordinator Nelson Mojarro

Everything About Hydrogen - an inspiratia podcast

Play Episode Listen Later Apr 2, 2025 56:26


The EAH team unpacks multiple acronyms and endeavors with Nelson Monjarro, the lead coordinator of the Clean Energy Ministerial (CEM) a public-private initiative bringing together the energy and maritime sectors to enable the establishment of Clean Energy Marine Hubs (CEM-Hubs) at ports worldwide. The CEM-Hubs initiative has nine Energy and Transport Ministries working together with leaders of the energy maritime value chain and key partner organisations.About Nelson Mojarro:Nelson specializes in international energy and innovation, advising shipowners and m port leaders on alternative fuels and innovation. He has over 15 years of experience in high-level international energy policy and diplomacy, technology & innovation investments, as well as decarbonization. In addition to CEM-Hubs, his work focuses on green acceleration, connecting green finance, data, innovation and energy for a net-zero world. As Representative of the Energy Sustainability Fund (£300M), based in Europe, Nelson led multi-million Euro international cooperation programs on clean energy innovation with the European Commission and the UK. He was a country delegate at COP21 in Paris and has participated in multiple COPs. He co-organised the COP28 Presidency CEO-Ministers meeting on energy and maritime in Dubai.Nelson was an Advisory Board member of the Initiative Partnering to Accelerate Sustainable Energy Innovation of the World Economic Forum (WEF), and Vice-Chair of the Committee for Energy Research and Technology (CERT) of the International Energy Agency (IEA).Nelson developed and coordinated the first government partnership on innovation with the Breakthrough Energy Coalition (BEC), a group of international investors led by Bill Gates, and initiated and launched the partnership between Mission Innovation, a multi-billion government initiative and the World Economic Forum (WEF) to advance clean energy innovation as well as business and government engagement. Nelson is a former OIES Saudi Aramco Fellow at the Oxford Institute for Energy Studies. He also holds an MA in Industry and Innovation Analysis and did his doctorate studies at The Science Policy Research Unit in Sussex, United Kingdom (SPRU).His research interests are related to technological change/innovation and energy transitions, particularly on the relationship between 'infrastructure change' and new 'green fuels'. He has published in academic journals about the use of biofuels in oil firms, such as BP, Shell, Petrobras and Pemex and was selected in 2013 as a Future Energy Fellow by Shell to write about Clean Energy for the Energy Collective.About CEM:The Clean Energy Ministerial (CEM) is a high-level global forum to promote policies and programmes that advance clean energy technology, to share lessons learned and best practices, and to encourage the transition to a global clean energy economy. Initiatives are based on areas of common interest among participating governments and other stakeholders. The Framework for the Clean Energy Ministerial, reaffirmed at the twelfth Clean Energy Ministerial in 2021, defines the CEM governance structure and outlines the mission statement, objectives, membership, and guiding principles.

The CEM brings together a community of the world's largest and leading countries, companies and international experts to achieve one mission –accelerate clean energy transitions.The CEM is an international clean energy leadership platform, a convening platform, an action platform, and an acceleration platform. It serves as a platform, where its members help shape the global clean energy agenda, and advance the deployment of specific clean energy technologies and solutions. It is also a bottom-up, government-led community for exchanging knowledge and insights, building networks and partnerships, and facilitating coordinated actions on clean energy and an implementation vehicle that helps its members

Onyx and the World of Oil Derivatives
Oil insights with Harry Tchilinguirian | We the People Have Chosen | S1 E12

Onyx and the World of Oil Derivatives

Play Episode Listen Later Nov 8, 2024 74:36


Group Head of Research, Harry Tchilinguirian,  is joined by Chief Economist at Argus Media, David Fyfe for a special episode of Oil Insights. David brings over 30 years of experience in energy market analysis, from the International Energy Agency (IEA) to Gunvor and now Argus Media, where he delivers deep insights into oil market dynamics, geopolitical risk, and macroeconomic fundamentals.With the election of Donald J. Trump as the 47th President of the United States, Harry and David explore the potential impacts on the oil market through both economic and geopolitical lenses. From sanctions on Iran and Venezuela to shifting alliances in the Middle East and implications for OPEC+, they delve into what a Trump administration could mean for global oil supplies and prices.David and Harry discuss the complex web of relationships involving sanctioned nations, including the evolving US-Russia dynamic and how Trump's rapport with Saudi Arabia and Israel might influence geopolitical stability. They also explore the ramifications of Trump's trade policies, especially with China, and the possible effects on global economic growth and oil demand.On the domestic front, they analyse the prospects for US oil and gas production under Trump's energy policies and whether we could see a revival of the "drill baby drill" mantra. Finally, Harry and Davis assess the current state of oil market fundamentals as 2024 nears its close, the ongoing debate around oil demand forecasts, and OPEC+'s options in managing supply amid an uncertain market outlook.#oott #oil #oilandgas #energy #derivatives  #economics #Trump #Election #Harris #2024Election

SL Advisors Talks Energy
The Natural Gas Energy Transition

SL Advisors Talks Energy

Play Episode Listen Later Oct 27, 2024 4:52


The long term demand outlook for natural gas continues to improve. India is likely to double its consumption by 2040, and much of that will rely on imports of Liquefied Natural Gas (LNG). This will offset coal consumption, lowering local pollution as well as CO2 emissions. The International Energy Agency (IEA), normally a tireless promoter […]

The Clean Energy Show
Chinese Workers' Human Rights in the Energy Transition

The Clean Energy Show

Play Episode Listen Later Oct 23, 2024 49:03


A listener review sparks a discussion on the environmental benefits of Chinese-made electric vehicles (EVs) versus the human rights concerns, particularly regarding the Uyghur population. Uber plans to transition to an all-electric fleet by 2030 in Canada. The International Energy  Agency (IEA) predicts oil demand will peak before 2030. What does this mean for clean energy's future? Join The Clean Energy Show's CLEAN CLUB on Patreon or YouTube for exciting perks! Get a monthly bonus podcast, early access to our content, behind the scenes content, access to our members-only Discord community and thank-yous in the credits of videos and shoutouts on our podcast! Starting at just a couple dollars per month! Google Goes Big on Solar: Google is expanding its investment in solar energy to power data centers. We explore the potential impact on Texas. Human Rights & EV Supply Chains: Amnesty International's latest report calls out major automakers like BYD and Mitsubishi for failing to protect human rights in their EV supply chains. Additional Topics: Barry's tracking solar panels. Ford CEO Jim Farley's candid insights on EV development. Amnesty International's ranking of EV companies based on their human rights practices. Lightning Round: Tesla's Blade Runner lawsuit. Russia's use of electric motorcycles in its military. New $35,000 Chevy Equinox EV available for order. Major discovery of lithium deposits in Arkansas that could supply the world's EV batteries demand. Support Us: Contact us via email at CleanEnergyShow@gmail.com or leave a voicemail at SpeakPipe.com/CleanEnergyShow. Join our Patreon community for exclusive perks like ad-free episodes, bonus content, and access to our Discord server. Visit our Clean Energy Store for exciting new items. Don't forget to subscribe on your podcast app to get new episodes every week, and check out the video version of the podcast on YouTube, TikTok, and Instagram! See you next week on The Clean Energy Show! Contact Us cleanenergyshow@gmail.com or leave us an online voicemail: http://speakpipe.com/clean Follow/Subscribe Apple https://podcasts.apple.com/ca/podcast/the-clean-energy-show/id1498854987 Spotify https://open.spotify.com/show/5wOOCKdJ7Rtq72YxzcTqFm?si=515f6bec86654ed8 WATCH our hour-long weekly video podcasts and other videos on: TikTok  |  YouTube  |  Instagram  Support The Clean Energy Show Join the Clean Club on our Patreon or with YouTube Memberships to receive perks for supporting the podcast and our planet! Benefits include: Ad-free podcasts Days early access Exclusive Discord server access High Quality Audio Bonus Episodes! Bonus Content Verbal Shout-outs on the audio and video podcasts Thank you credit on all our long-form weekly video podcasts Merch discounts and more! Free to join for special public posts and discussion. PayPal Donate offers one-time or regular donations. Apple Podcasts Subcription option coming soon! Store Visit The Clean Energy Show Store for T-shirts, hats, and more!. Socials X: Clean Energy Pod Bluesky: Clean Energy Pod James Whittingham: Twitter Brian Stockton: Twitter Leave us an online voicemail at SpeakPipe James Whittingham's comedy podcast Sneeze! with James Whittingham Copyright 2024.    

SL Advisors Talks Energy
Energy Lifts Poor Countries Up

SL Advisors Talks Energy

Play Episode Listen Later Oct 20, 2024 5:06


The International Energy Agency (IEA) released their 2024 World Energy Outlook last week. The IEA has become a renewables cheerleader in recent years, issuing projections of energy consumption that are frequently implausible. However, they still produce a Stated Policies Scenario (“STEPS”) which omits their more fanciful projections. Electricity demand from data centers has been a […]

Climate Positive
Revolutionizing wind power with the world's largest aircraft | Mark Lundstrom, Founder and CEO, Radia

Climate Positive

Play Episode Listen Later Sep 12, 2024 38:33


For the world to meet its growing need for low-cost clean energy and achieve ambitious decarbonization targets, land-based onshore wind energy must be an increasingly large part of the electricity generation mix—potentially as much as 20-41% by 2050, according to BloombergNEF and the International Energy Agency (IEA). But there is a challenge: the most efficient and cost-effective wind turbines, currently applied only in offshore wind farms, have enormous blades—some longer than a football field. That makes them extremely difficult, if not impossible, to deliver and deploy, as bridges, tunnels, and road curves literally get in the way.To explore how the onshore wind industry can overcome these obstacles and drive further growth for the sector, Gil Jenkins spoke with Mark Lundstrom, Founder and CEO of Radia. Mark is a serial cross-industry entrepreneur and MIT aerospace engineer who has co-founded companies over the course of his career that seek to bring aerospace solutions to new sectors, including biotech, telecommunications, and materials science. With Radia, Mark is focused on applying these technologies to the low-carbon energy transition. Radia is in the process of building the world's largest aircraft, which will enable the deployment of the industry's biggest and best wind turbines to locations they could never reach before—creating more clean power at a lower cost.Links:Radia WebsiteMark Lundstrom on LinkedInRadia on LinkedInPress Release:Radia to Provide Low-Cost Clean Energy with the World's Biggest Wind Turbines Enabled by the World's Largest Aircraft (March 17, 2024)Press Release: Aerospace Leaders Aernnova, Leonardo and AFuzion Will Partner With Radia to Build WindRunner™, World's Largest Aircraft (July 16, 2024)Whitepaper: DeSolve Study: GigaWind has enormous economic and environmental impact (Princeton University researchers Dr. Jesse Jenkins and Dr. Nestor Sepulveda - September 1, 2023)Episode recorded August 22, 2024  Email your feedback to Chad, Gil, and Hilary at climatepositive@hasi.com or tweet them to @ClimatePosiPod.

The Energy Question
The Energy Question: Episode 107 - Angela Wilkinson, Secretary General & CEO at World Energy Council

The Energy Question

Play Episode Listen Later Aug 5, 2024 31:06


Angela Wilkinson, Secretary General of the World Energy Council, emphasized the importance of a systems thinking approach, noting that these transitions are multifaceted and involve significant societal changes. She highlighted the necessity of collaboration and practical action, pointing out the differing approaches between the U.S. and Europe in addressing energy challenges. Dr. Wilkinson stressed that energy transitions are not merely about replacing technologies but require a deep understanding of socio-economic contexts and overcoming social opposition to achieve progress.Concerns were raised about the feasibility of energy transitions within democratic societies, with critiques of certain energy policies as authoritarian and calls for nuclear energy as a sustainable solution. Dr. Wilkinson responded by advocating for an inclusive approach considering diverse regional needs and the importance of managing energy transitions across generations. Using the metaphor of the "Energy Olympics," she illustrated the need for sustained, intergenerational effort and diverse capabilities to achieve successful energy transitions.Highlights of the Podcast00:47 - Purpose of the World Energy Council04:01 - Challenges in Energy Transition08:06 - Role of the International Energy Agency (IEA)13:01 - System Costs and Social Challenges in Energy Transition16:17 - Realism of Energy Transition18:15 - Future Projections and Practical Action19:04 - Oil and Gas Decarbonization20:20 - Energy Transition Challenges in Democratic Societies22:42 - Comparing US and European Approaches24:20 - Licensing Delays and Property Rights25:12 - Adapting to Climate Change Realities28:03 - Energy Transition as an Olympic Pentathlon Relay29:34 - Closing Remarks

SL Advisors Talks Energy
Gas Is A Growth Business

SL Advisors Talks Energy

Play Episode Listen Later Jul 28, 2024 4:47


The International Energy Agency (IEA), which polishes its progressive credentials every time Executive director Fatih Birol speaks from his ivory tower, is forecasting fossil fuel use to peak within a decade. Down at ground level, evidence continues to mount that fossil fuel consumption will continue to grow, led by natural gas. Williams Companies CEO Alan […]

Super-Spiked Podcast
Super-Spiked Videopods (EP45): Can You Trust The United Nations on Energy and Climate?

Super-Spiked Podcast

Play Episode Listen Later Jul 20, 2024 32:06


WATCH the video on YouTube by clicking the RED button above.LISTEN to audio only via the Substack player by clicking the BLUE button above.STREAM audio only on Apple Podcasts, Spotify, or your favorite podcast player app.DOWNLOAD a pdf of the slide deck by clicking the blue Download button below.This week we focus on the question “Can you trust the United Nations on energy and climate?” The question is sparked by a “climate change” warning label that YouTube placed on Super-Spiked Episode 37 “Goodbye Europe, Hello Rest of World” (here) that discussed an updated climate change statement from Barclays, German de-industrialization, and our thoughts on the role of US and Canadian traditional energy. The warning label linked to a United Nations website that highlighted what it described as “Facts” and “Myth Busters” on climate energy (here). In reviewing the 16 “facts,” we find that 2 we would agree are definitively facts, another 2-3 are factually true but start the U.N. down the road of advocacy and weaponizing the topic of climate, and the other 10-11 are a mix of opinion, advocacy, and in some cases outright falsehoods. Our concern with what the U.N. presents as “facts” is that it is the organization that oversees the Intergovernmental Panel on Climate Change (IPCC), which is widely (universally?) considered the authority on so-called climate science.We have spent considerable time in prior posts and videos discussing our concerns with institutional advocacy under the pretense of sober analysis from groups like the International Energy Agency (IEA), Glasgow Financial Alliance For Net Zero (GFANZ), and within bank and asset manager ESG/Sustainability groups. Frankly, we have been late to taking a closer look at the U.N. itself, most likely because we have not relied on its data directly and it has otherwise not been within the purview of our “Wall Street” approach to discussing energy and climate. The U.N. and IPCC clearly deserve greater scrutiny given their massive influence on how the world understands climate.

Climate Risk Podcast
GARP's Sustainability & Climate Risk Certificate: Register Now

Climate Risk Podcast

Play Episode Listen Later Jul 16, 2024 16:47


In this special episode, hear from Tony Rooke, Executive Director at Howden Group Holdings and Beth Gould Creller, GARP's Sustainability & Climate Risk Program Lead, as they discuss the recent improvements to the SCR's syllabus and learning experience. Long-time listeners of the podcast will have noticed that we often mention GARP's Sustainability & Climate Risk (SCR) Certificate. It's a program that GARP launched in 2020, providing all the foundational knowledge you need to become a climate risk leader within your own firm.  This episode is a special one, as we bring you a conversation between Beth Gould Creller, who heads up GARP's SCR team, and Tony Rooke, who alongside his role at Howden, is a member of the SCR Advisory Committee and long-time supporter of the program. You'll learn about: The latest update to the SCR Curriculum, including new topics like nature risk and transition plans; The enhanced e-learning platform, including practical, hands-on modules; And testimonials from candidates on how the certificate has advanced their skills and careers. The SCR certificate is not only an excellent opportunity to boost your knowledge, but it also connects you with a global community of climate risk experts, fostering collaboration and innovation. Register before 31st July to save USD $100. Follow this link to find out more: https://www.garp.org/scr For more information on climate risk, visit GARP's Global Sustainability and Climate Risk Resource Center: https://www.garp.org/sustainability-climate If you have any questions, thoughts, or feedback regarding this podcast series, we would love to hear from you at: climateriskpodcast@garp.com   Speaker's Bio(s) Tony Rooke, Executive Director and Head of Transition Advisory, Howden Group Holdings Tony is Executive Director in the Climate Risk and Resilience team at Howden, and head of climate transition advisory. He helps organisations plan and achieve their climate goals, to identify and manage climate risks, and then optimise returns from their transition investments.  ​ ​Tony has over 25 years global experience in strategy advisory, risk management, disclosure and programme delivery, with over 18 years as a leader and expert in climate change, environment and sustainability issues affecting businesses and financial institutions. ​Prior to Howden, Tony was Head of Transition Finance and Transition Planning at the Glasgow Financial Alliance for Net Zero (GFANZ), Senior Director for Transition Risk at WTW, and Global Technical Director for the Carbon Disclosure Project (CDP), the world's largest environmental disclosure platform. He has contributed to regulatory, policy and industry work including transition planning and transition finance standards (the UK's Transition Planning Taskforce and GFANZ), the reporting standards (EU EFRAG, CDSB, CDP, TCFD), and strategic use of models, pathways and scenarios (International Energy Agency (IEA), NGFS, MPP, CFRF, GFANZ).   ​Tony is a member of GARP and on Sustainability and Climate Risk (SCR) certification advisory committee. He is additionally a fellow of both the Institute of Environmental Management and Assessment (IEMA) and the Royal Society of Arts, Commerce and Manufacture (RSA).​   Beth Gould Creller, Sustainability & Climate Risk Program Lead, GARP Beth manages GARP's Sustainability and Climate Risk Program. Prior to joining GARP, she was a risk professional in the upstream oil and gas industry.  Working across multiple continents, her energy career spanned enterprise risk management, internal audit, business controls, supply chain process improvement, and governance.

Project ETO
Do we Have Enough Power for AI?

Project ETO

Play Episode Listen Later Jun 28, 2024 27:57


Hey Strangers, #ai #power #technology Late last week, both Bloomberg and The Washington Post published stories focused on the ostensibly disastrous impact artificial intelligence is having on the power grid and on efforts to collectively reduce our use of fossil fuels. The high-profile pieces lean heavily on recent projections from Goldman Sachs and the International Energy Agency (IEA) to cast AI's "insatiable" demand for energy as an almost apocalyptic threat to our power infrastructure. The Post piece even cites anonymous "some [people]" in reporting that "some worry whether there will be enough electricity to meet [the power demands] from any source." Digging into the best available numbers and projections available, though, it's hard to see AI's current and near-future environmental impact in such a dire light. While generative AI models and tools can and will use a significant amount of energy, we shouldn't conflate AI energy usage with the larger and largely pre-existing energy usage of "data centers" as a whole. And just like any technology, whether that AI energy use is worthwhile depends largely on your wider opinion of the value of generative AI in the first place. ======================================= My other podcast https://www.youtube.com/channel/UCKpvBEElSl1dD72Y5gtepkw ************************************************** Something Strange https://www.youtube.com/watch?v=GRjVc2TZqN4&t=4s ************************************************** article links: https://arstechnica.com/ai/2024/06/is-generative-ai-really-going-to-wreak-havoc-on-the-power-grid/ ====================================== Today is for push-ups and Programming and I am all done doing push-ups Discord https://discord.gg/MYvNgYYFxq TikTok https://www.tiktok.com/@strangestcoder Youtube https://www.youtube.com/@codingwithstrangers Twitch https://www.twitch.tv/CodingWithStrangers Twitter https://twitter.com/strangestcoder merch Support CodingWithStrangers IRL by purchasing some merch. All merch purchases include an alert: https://streamlabs.com/codingwithstrangers/merch Github Follow my works of chaos https://github.com/codingwithstrangers Tips https://streamlabs.com/codingwithstrangers/tip Patreon patreon.com/TheStrangers Timeline 00:00 intro 00:22 what are we talking about 04:13 article 24:00 My thoughts 26:56 outro anything else? Take Care --- Send in a voice message: https://podcasters.spotify.com/pod/show/coding-with-strangers/message --- Send in a voice message: https://podcasters.spotify.com/pod/show/coding-with-strangers/message

SL Advisors Talks Energy
Serious Energy Forecasts Are Rare

SL Advisors Talks Energy

Play Episode Listen Later Jun 16, 2024 5:03


The International Energy Agency (IEA) issued a report forecasting an oil glut by 2030, with 113.8 Million Barrels per Day (MMB/D) of supply capacity versus demand of only 105.4 MMB/D. They expect oil demand to plateau over the next few years. By contrast, OPEC sees continued demand growth, albeit slowing to around 1 MMB/D by […]

The MUFG Global Markets Podcast
Evaluating the IEA's World Energy Investment 2024 report

The MUFG Global Markets Podcast

Play Episode Listen Later Jun 7, 2024 7:00


The International Energy Agency (IEA) released its 2024 iteration of its flagship World Energy Investment (WEI) report this week, with a wealth of insights into the latest investment trends across the global energy landscape that aims to support corporates and investors in assessing risks and opportunities across the energy ecosystem. In this week's podcast, Ehsan Khoman, Head of Research – Commodities, ESG and Emerging Markets (EMEA), evaluates the key findings of the WEI 2024 report with specific reference to transition finance tools that are emerging as a promising means to drive more capital into hard-to-abate sectors. Disclaimer: www.mufgresearch.com (PDF)

Energy Transition Talk
Ep 13 | Where Will The Future Generation of Energy Workers Come From?

Energy Transition Talk

Play Episode Listen Later Apr 1, 2024 56:16


In this episode of Energy Transition Talk, we talk about the future of the energy workforce and how we can recruit and prepare the next generation energy workforce for the energy transition.  The International Energy Agency (IEA) anticipates that adopting clean energy technologies will create 14 million jobs by 2030. However, many students, concerned about the fossil fuel industry's role in climate change and its job security risks, are turning away from careers traditionally associated with the fossil fuel industry, like petroleum engineering and mining. This can create a shortage of positions needed for the energy transition. The energy transition will depend on engineers, electricians, plumbers, and mechanics—just to name a few—to build the infrastructure needed for the energy transition (think power lines, heat pumps, and wind turbines). So if you're thinking about pursuing a career in STEM or energy more broadly – we need you!  How can we manage this critical transition in the energy workforce? To talk about this challenge, Justine chats with Dr. Barbara Ransom, an internationally known geoscientist at the National Science Foundation. They discuss current trends in the energy workforce, the broad range of skills we'll need for the energy transition, the implications of artificial intelligence (AI), and the challenges and potential solutions to increasing interest in STEM and green jobs.  Jim then speaks with Abhinav Vishal, a petroleum engineering student at the Rajiv Gandhi Institute of Petroleum Technology in India, about the role that petroleum engineering can play in the energy transition.  02:33 Interview with Dr. Ransom 37:51 Interview with Abhinav Vishal  53:57 Concluding Remarks  Don't forget to subscribe to our podcast so you can automatically get access to our new episodes – you can find us on Apple, Spotify, YouTube, or wherever you get your podcasts. And we would appreciate it so much if you could leave a rating and review, and let us know what you thought about this episode! Special thanks to our guests for today and Abhi, our technical guru, for his behind-the-scenes contributions to our podcast. This podcast is sponsored by the USC Ershaghi Center for Energy Transition.  Referenced in the podcast and additional resources:  Wall Street Journal, Big Oil's Talent Crisis: High Salaries Are No Longer Enough, August 6, 2023  New Yorker, The Great Electrician Shortage, Apr. 24, 2023 IEA, The reskilling challenge: How can we leave no one behind in the energy transition?, Apr. 26, 2023 McKinsey, Toward a more orderly US energy transition: Six key action areas, Jan. 12, 2023 Disclaimer: The views, information, or opinions expressed during the Energy Transition Talk series are solely those of the individuals involved and do not necessarily represent those of the Ershaghi Center for Energy Transition (E-CET) or the producers of this podcast.

Control Risks
The Good Idea: Critical minerals, critical impacts

Control Risks

Play Episode Listen Later Mar 26, 2024 33:42


According to the International Energy Agency (IEA), the market size of key energy transition minerals has doubled over the past five years. The IEA predicts another doubling of demand for those same minerals by 2030. What are the environmental, social, and governance impacts of a ramped up critical minerals sector? Join Maria Knapp, Yadaira Orsini, and Rob Bailes as they dissect how companies can best approach a sector that is evolving at a rapid pace, but which comes with significant risks, including pollution, poor working conditions, and increased regulation. Explore our take the critical minerals sector here.  

SL Advisors Talks Energy
AI Boosts US Energy

SL Advisors Talks Energy

Play Episode Listen Later Mar 17, 2024 5:23


In recent years the International Energy Agency (IEA) has moved from providing objective forecasts to championing the world's shift away from fossil fuels. In embracing a liberal political stance they've lost relevance to companies and governments making investment decisions to meet future demand. For example, the IEA projects peak oil demand within the next few […]

The Clean Energy Revolution
Harnessing an increased supply of renewable energy

The Clean Energy Revolution

Play Episode Listen Later Mar 13, 2024 38:27


This year will see a significant milestone: renewable sources are poised to constitute over a third of global electricity generation, according to the International Energy Agency (IEA). With the ambitious pledge set out at COP28 - to triple renewable capacity by 2030 - still high on the agenda of global energy policy, much focus is on the capability of electricity grids to deliver on increased demand. What infrastructural and regulatory frameworks need updating as we move toward 50% renewable generation, and towards the ultimate goal of 100%? As electrification increases, a modern grid is essential to handle the load.So how can countries continue the significant progress that's already been made in increasing renewable generation, and evolve our grids for the future?In this episode, Laura and Carolyn are joined by National Grid's Reihaneh Irani-Famili (VP capital delivery, project management and construction) and Sara Habib (Head of future price controls) to discuss the tripling of renewable energy generation. How will it happen and how do make sure the grids can cope? China's huge solar deployment has created competition globally in manufacturing as well as research and development, so the discussion naturally revolves around policy planning in the UK and US, grid modernisation and the balance between energy security, affordability and decarbonisation. What are the plans to modernise the grid to keep up with forecasted clean energy demand? Find out on The Clean Energy Revolution.Discover more about National Grid at www.nationalgrid.com

Climate Risk Podcast
The Inevitable Policy Response Forecast: Optimistic or Realistic?

Climate Risk Podcast

Play Episode Listen Later Feb 29, 2024 34:12


Hear from Dr. Jakob Thomae, Project Director for the Inevitable Policy Response, as we discuss their latest forecast and what it means for the transition to net-zero. Scenario analysis is the natural tool for anyone wanting to understand how climate-related risks might evolve over coming decades. The vast majority of climate scenarios, regardless of who produced them or what level of warming they predict, tend to report similar levels of physical risk over the next couple of decades or so. However, predictions about transition risk tend to be quite different between scenarios. This episode focuses in on the transition, and in particular the extraordinary work being done by the Inevitable Policy Response (IPR) to figure out the most likely course of the transition to net zero. We'll explore: ·         The IPR's surprisingly optimistic forecast, and they believe the world might look like by the end of the century; ·         The methodology behind their forecast, and how it differs from the scenarios produced by other groups; and ·         What this forecast means for risk and finance professionals. To find out more about the Sustainability and Climate Risk (SCR®) Certificate, follow this link: https://www.garp.org/scr For more information on climate risk, visit GARP's Global Sustainability and Climate Risk Resource Center: https://www.garp.org/sustainability-climate If you have any questions, thoughts, or feedback regarding this podcast series, we would love to hear from you at: climateriskpodcast@garp.com Links from today's discussion: The Inevitable Policy Response: https://ipr.transitionmonitor.com/ Theia Finance Labs (formerly known as the 2° Investing Initiative): https://theiafinance.org/ Jakob's first book, ‘The Kill Score: On the Trail of Our Ecological and Social Footprint': https://rb.gy/ydnxvu Paris Agreement Capital Transition Assessment (PACTA): https://pacta.rmi.org/ The International Energy Agency (IEA): https://www.iea.org/ How Bad are Bananas? by Mike Berners-Lee: https://howbadarebananas.com/ Jakob's second book, ‘The Little Book of Big Risks: From Atomic Bombs to a Zombie Apocalypse': https://rb.gy/8lk1no   Speaker's Bio Dr. Jakob Thomae, Project Director, Inevitable Policy Response Jakob Thomae is one of the leading global experts on sustainable finance and long-term risks. In June 2023, Jakob was appointed Project Director for the Inevitable Policy Response (IPR), a climate transition forecasting consortium commissioned by the Principles for Responsible Investment. The IPR helps investors navigate the risks and opportunities arising from climate policy acceleration, volatility and transition. Jakob is the co-founder of Theia Finance Labs (formerly known as the 2° Investing Initiative) where he currently serves as Research Director. Jakob is also Professor in Practice at SOAS, University of London, where he teaches a Green Finance course. His recent book "The Kill Score” explores the impact of sustainability on human lives. Jakob has served as advisor to central banks around the world including the Japanese Financial Services Agency, the Brazilian Central Bank, the Bank of Thailand, the Bank of England, the Bundesbank, the Dutch Central Bank, and EIOPA. He holds a PhD in Finance from the Conservatoire National des Arts et Metiers.

Energy News Beat Podcast
ENB 289 - Biden's Export Dilemma, Indonesia's Renewable Struggles, and the Call for IEA Reform

Energy News Beat Podcast

Play Episode Listen Later Jan 18, 2024 17:25


In this episode of the Energy News Beat Daily Standup, hosts Michael Tanner and Stuart Turley discuss top headlines. They start with the Biden administration's consideration of banning natural gas exports to China, aiming for a climate win but potentially harming the U.S. energy industry. Indonesia plans to abandon its 23% renewable energy target by 2025 due to financial constraints. Progressive lawmakers face the consequences of a costly error in the renewable energy plan, with uncontrolled tax credits causing a $1.2 trillion estimate. Occidental CEO at Davos predicts a short market for oil from 2025 onwards, challenging conventional forecasts. The hosts highlight the increasing importance of energy information and discuss a proposal to reform the International Energy Agency (IEA) and the U.S. Energy Information Administration (EIA). The finance segment covers market updates, crude oil inventory projections, and potential M&A activity. Upcoming podcast guests include Barbara Denton, Shane Stall, Ron Miller, and John Cash, covering topics such as uranium, nuclear energy, and grid security.Highlights of the Podcast00:00 - Intro01:26 - Biden Weighs Banning Natural Gas Exports to Save the Climate03:26 - Indonesia to abandon 23% renewable energy target by 202505:26 - Progressive Lawmakers Line Up Behind Costly Fix For Error They Made In Renewable Energy Plan07:46 - Market to be short oil from 2025 onwards, Occidental CEO at Davos10:18 - Energy Information Has Never Mattered More—So It's Time to Reform the IEA and the EIA14:26 - Markets Update16:03 - OutroPlease see the links below for articles that we discuss in the podcast.Biden Weighs Banning Natural Gas Exports to Save the ClimateJanuary 17, 2024 Climate Test for Natural Gas Exports Politco notes Biden's Aides Weigh Climate Test for Natural Gas Exports. The Biden administration is launching a review that could tap the brakes on the booming U.S. natural gas export […]Indonesia to abandon 23% renewable energy target by 2025January 17, 2024JAKARTA – Indonesia is planning to slash the targeted share of renewables in the national energy mix, a move seen by experts as a step back in the country's ambition toward clean energy, while signaling its light-hearted […]Progressive Lawmakers Line Up Behind Costly Fix For Error They Made In Renewable Energy PlanJanuary 17, 2024 When Congress voted to spend hundreds of billions to switch electricity production to solar and wind, it forgot something: transmission lines. New ones will be needed going to the locations of the new power sources, […]Market to be short oil from 2025 onwards, Occidental CEO at DavosJanuary 17, 2024“In the near term, the markets are not balanced; supply, demand is not balanced,” Hollub said, adding that: “2025 and beyond is when the world is going to be short of oil”. Hollub said that […]Energy Information Has Never Mattered More—So It's Time to Reform the IEA and the EIAJanuary 17, 2024 The International Energy Agency (IEA) turns 50 this year. Doubtless there will be champagne-infused celebrations at its Paris headquarters. But on this side of the Atlantic, it's past time for the United States, the biggest […]Follow Stuart On LinkedIn and TwitterFollow Michael On LinkedIn and TwitterENB Top NewsENBEnergy DashboardENB PodcastENB Substack– Get in Contact With The Show –

The Ricochet Audio Network Superfeed
The Last Optimist: Information About Energy is More Critical Than Ever: Time to Reboot the IEA

The Ricochet Audio Network Superfeed

Play Episode Listen Later Jan 17, 2024


The International Energy Agency (IEA) is 50 years old this year, created because of the 1973/4 “oil shock” that triggered a global recession. Today's energy markets and geopolitics are just as vulnerable to similar disruptions, but the IEA has since shifted its mission to advocate for abandoning hydrocarbons, erasing its ability to serve as a […]

The Last Optimist
Information About Energy is More Critical Than Ever: Time to Reboot the IEA

The Last Optimist

Play Episode Listen Later Jan 17, 2024


The International Energy Agency (IEA) is 50 years old this year, created because of the 1973/4 “oil shock” that triggered a global recession. Today’s energy markets and geopolitics are just as vulnerable to similar disruptions, but the IEA has since shifted its mission to advocate for abandoning hydrocarbons, erasing its ability to serve as a credible, unbiased source of the kind of energy... Source

The Last Optimist
Information About Energy is More Critical Than Ever: Time to Reboot the IEA

The Last Optimist

Play Episode Listen Later Jan 17, 2024 36:36


The International Energy Agency (IEA) is 50 years old this year, created because of the 1973/4 “oil shock” that triggered a global recession. Today's energy markets and geopolitics are just as vulnerable to similar disruptions, but the IEA has since shifted its mission to advocate for abandoning hydrocarbons, erasing its ability to serve as a credible, unbiased source of the kind of energy information vital for risk analysis and planning. It's time to reform the IEA.

The Interchange
Carbon capture technology leads the charge for a sustainable future

The Interchange

Play Episode Listen Later Dec 20, 2023 44:56


Bridging the gap and overcoming barriers in CCS expansionIt's no secret that achieving net-zero emissions requires a significant reduction in the use of fossil fuels. As the world looks to alternative energy sources to combat climate change, carbon capture and storage (CCS) emerges as a key technology enabling industries to decarbonize. By capturing carbon dioxide (CO2) emissions at their source and storing them underground, CCS can significantly mitigate the environmental impact of industries that are otherwise hard to green, such as cement production and power generation.The International Energy Agency (IEA) has set an ambitious goal for CCS, expecting it to capture around 6 billion tons of CO2 by 2051 with notable advancements within the coming years. Innovations in CCS technology aim to address concerns of scalability and cost, making it more accessible and financially feasible for industries to adopt. Aker Carbon Capture is a provider with some major projects underway, and they've signed an MoU with Microsoft to pursue joint innovation in the space. David Banmiller sits down with Microsoft's Ole Henrik Ree, and Aker Carbon Capture's Hanne Rolen, and David Phillips, to discuss the crucial role played by CCS in achieving a more sustainable future.We conclude with a discussion about the 'Carbon Capture as a Service' (CCaaS) model, a shift aimed at enhancing accessibility and practicality, and the journey towards achieving net-zero emissions.Subscribe to the Interchange Recharged so you don't miss an episode. Find us on X – we're @interchangeshowSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Energy News Beat Podcast
ENB 273 - Duke's Rate Hike, BlackRock Lawsuit, and Global Supply Chain Concerns

Energy News Beat Podcast

Play Episode Listen Later Dec 19, 2023 21:00


In this episode of the Daily Energy News Beat, hosts Michael Tanner and Stuart Turley cover a range of energy-related topics. They discuss Duke Energy's decision to raise electric rates for ESG and zero-carbon mandates, expressing concerns about the financial burden on consumers. The hosts delve into a lawsuit against BlackRock over alleged deceptive climate policies and ponder the legal implications of conflicting investment goals. The episode also addresses challenges in California's power grid transition, the impact of extensive power grid upgrades on the energy transition, and a Red Sea merchant ship attack affecting oil prices and global trade. In the finance segment, they touch on market movements, highlighting sentiment-driven dynamics, and note the EIA's projection of declining U.S. shale oil production in 2024. The hosts conclude with a mention of potential concerns related to global supply chain challenges amid geopolitical events.Highlights of the Podcast00:00 – Intro02:39 - Woke Duke Energy Jacks Up Electric Rates to Pay for ESG, Zero Carbon Mandates05:29 - EXCLUSIVE: Conservative State Files First-in-the-Nation Lawsuit Against BlackRock Over Deceptive Climate Policies10:28 - He fixed California's power grid for Arnold Schwarzenegger. He's worried about the energy transition12:38 - Extensive power grid upgrades and expansion threaten the energy transition15:34 - Houthi Attacks Start Shutting Down Red Sea Merchant Shipping17:39 - Markets Update19:51 - OutroPlease see the links below for articles that we discuss in the podcast. Woke Duke Energy Jacks Up Electric Rates to Pay for ESG, Zero Carbon MandatesDuke Energy has thrown consumers under the proverbial (electric) bus to make their operations carbon neutral by 2050. As a result, electricity prices in North Carolina may increase by 19% over the next three years. The company's […EXCLUSIVE: Conservative State Files First-in-the-Nation Lawsuit Against BlackRock Over Deceptive Climate PoliciesFIRST ON THE DAILY SIGNAL—Tennessee Attorney General Jonathan Skrmetti on Monday sued the investment company BlackRock for deceptive practices. “BlackRock has said two things that can't both be true,” Skrmetti, a Republican, told The Daily Signal in an […]He fixed California's power grid for Arnold Schwarzenegger. He's worried about the energy transitionFormer Albertan Yakout Mansour moved to California two decades ago when he was recruited to run the state's power grid under then Gov. Arnold Schwarzenegger. The way he tells it, it sounds like the government […]Extensive power grid upgrades and expansion threaten the energy transitionPeople are becoming increasingly concerned about the mineral requirements for the energy transition and how these will be met. In October, the International Energy Agency (“IEA”) published a report entitled Electricity Grids and Secure Energy Transitions in […]Houthi Attacks Start Shutting Down Red Sea Merchant ShippingAttacks linked to war in Gaza are threatening global trade Oil and gas prices jump as big companies avoid Red Sea Shipping in the Red Sea is grinding to a halt with oil tankers idling and […] Follow Stuart On LinkedIn and TwitterFollow Michael On LinkedIn and TwitterENB Top NewsENBEnergy DashboardENB PodcastENB Substack– Get in Contact With The Show –

Energy News Beat Podcast
ENB 242 - ExxonMobil's Outlook, World Bank Warns of $150/barrel, Fossil Fuels' Resilience, Cummins' Growth Forecast and Oil Price Enterprise Products Expansion

Energy News Beat Podcast

Play Episode Listen Later Nov 1, 2023 24:21


In this episode of the Energy News Beat Daily Standup, hosts Michael Tanner and Stuart Turley discuss various energy-related news topics. They start by addressing ExxonMobil CEO Darren Woods' statement about tight world oil supplies in the coming years, expressing skepticism about his positive view of the U.S. economy. They then cover a World Bank warning of oil prices potentially reaching $150 per barrel in the event of a conflict between Israel and Hamas, providing different scenarios based on supply disruptions. The hosts also touch on Cummins' prediction of significant growth in natural gas engines, emphasizing its potential impact on the trucking industry. Finally, they highlight Enterprise Products Partners' expansion of natural gas liquids processing capabilities through pipeline and plant developments, underlining the environmental benefits of reducing flaring in the Permian Basin. They briefly discuss financial results from natural gas-focused companies, Comstock and Chesapeake, and conclude with an event announcement for a Business Development Study Group workshop focused on energy deals and investments.Highlights of the Podcast00:00 - Intro03:30 - ExxonMobil CEO sees tight world oil supplies for next few years05:15 - World Bank warns oil price could soar to record $150 a barrel09:33 - Why fossil fuels are here to stay11:33 - Cummins predicts huge growth in natural gas engines14:01 - Enterprise Products Doubles Down on Gas Liquids With Pipelines, Processing Plants15:30 - Markets Update23:55 - OutroPlease see the links below for articles that we discuss in the podcast. ExxonMobil CEO sees tight world oil supplies for next few years(Bloomberg) – Exxon Mobil Corp. sees tight global oil supplies putting upward pressure on energy prices for at least the next few years as the world continues to suffer from a lack of investment in […]World Bank warns oil price could soar to record $150 a barrelEscalation of Israel-Hamas war into Middle East-wide conflict would disrupt oil supplies and stoke food prices, says Bank Oil prices could soar to a record high of more than $150 a barrel if the war between […]Why fossil fuels are here to stayA report from the International Energy Agency (IEA), published last week, claims that the world will reach peak demand for oil, coal and gas by 2030. This has been seized on by the likes of […]Cummins predicts huge growth in natural gas enginesCummins Inc. predicts its new 15-liter natural gas engine designed for heavy-duty and on-highway applications could lead to a five-fold growth in customers for the alternative powertrain. It overcomes complaints about low power and torque […]Enterprise Products Doubles Down on Gas Liquids With Pipelines, Processing PlantsHOUSTON (Reuters) – Energy pipeline operator Enterprise Products Partners will expand its natural gas liquids (NGLs) operations, adding a pipeline from Texas' Permian Basin, new plants to process natural gas, and converting an oil pipeline […]Follow Stuart On LinkedIn and TwitterFollow Michael On LinkedIn and TwitterENB Top NewsENBEnergy DashboardENB PodcastENB Substack– Get in Contact With The Show –

The India Energy Hour
India's G20 Presidency: Navigating Complex Geopolitical Waters | ft. Swati D'Souza

The India Energy Hour

Play Episode Listen Later Sep 19, 2023 57:51


As the G20 host, India deftly managed geopolitics, especially Russia-Ukraine, while driving energy and climate discussions. Topics like renewable energy, critical minerals, and sustainable finance took center stage, likely impacting the upcoming COP summit. India's challenge is finding unity among diverse priorities, addressing resource nationalism, and aligning nations in various green energy stages. The G20 Leaders' Summit underscores the quest for consensus on issues like fossil fuel abatement amidst complex political landscapes. To understand what the key themes of energy and climate are in the G20, what the sticking points are, and how they will shape the global dialogue on energy transition, we interviewed Swati D'Souza, India Lead Analyst and Coordinator at International Energy Agency (IEA), who provides insights into India's efforts and the key points of discussion during the G20 summit. Full transcript of the episode is available in English and Hindi Presented by 101Reporters Follow TIEH podcast on Twitter, Linkedin & YouTube Swati D'Souza is on Twitter & Linkedin Our hosts, Shreya Jai on Twitter, Linkedin & Dr. Sandeep Pai on Twitter, Linkedin Podcast Producer, Tejas Dayananda Sagar on Twitter & Linkedin

Wall Street Unplugged - What's Really Moving These Markets
These scientists believe climate change is NOT a threat

Wall Street Unplugged - What's Really Moving These Markets

Play Episode Listen Later Sep 13, 2023 30:48


Frank is out of the office, so I (Daniel) am taking the reins on today's show.   The latest Consumer Price Index (CPI) data is in—and the sharp rise in energy prices is dominating the report. I break down what's behind the surge… and why the situation creates a big problem for the Fed.   Speaking of energy, the International Energy Agency (IEA) expects oil demand to peak before 2030 as clean energy replaces fossil fuels. I explain why I don't believe this will happen… and why you'd be wise to have exposure to oil & gas right now. And I highlight a report from over 1,600 scientists on why climate change isn't as dire as the media makes it sound.   The Wall Street Journal recently ran a story about how amateur investors are piling into risky option bets. I recap the article… and explain why this strategy has worse odds than the casinos in Vegas. But that doesn't mean you can't use it to your advantage. I share a few tips on how to turn the odds in your favor… and a brokerage firm benefiting from the trend.   In this episode Energy prices are dominating the CPI [2:05] Why I don't think we'll see peak oil demand by 2030 [8:25] Over 1,600 scientists say not to worry about climate change [15:00] Amateur investors are making risky option trades [19:45] A brokerage to add to your watchlist [25:50]   Enjoyed this episode? Get Wall Street Unplugged delivered FREE to your inbox each week: www.curzioresearch.com/wall-street-unplugged/   Wall Street Unplugged podcast is available at: --iTunes: itunes.apple.com/us/podcast/wall-street-unplugged-frank/ --Stitcher: www.stitcher.com/podcast/curzio-research/wall-street-unplugged-2 --Website: www.curzioresearch.com/category/podcast/wall-street-unplugged/   Twitter: twitter.com/frankcurzio Facebook:. www.facebook.com/CurzioResearch/ Linkedin: www.linkedin.com/in/frank-curzio-690561a7/ Website: www.curzioresearch.com

First Move with Julia Chatterley
Featured interview: John Kerry

First Move with Julia Chatterley

Play Episode Listen Later Jun 22, 2023 45:54


Last month we learned from the International Energy Agency (IEA) that investment in clean energy is now significantly outpacing investment in fossil fuels. But as the IEA's top man told us, the scales need to tip much farther toward renewables, and around 90% of spending is currently being done by richer nations and China. What's needed is some kind of global financing pact perhaps to ramp up investment in poorer parts of the world which need support to mitigate and adapt to the climate crisis, while ensuring they also have access to cleaner energy in the future. Right now, more than 100 heads of state and government leaders, policy makers, and institutions -- including the UN, the IMF and the World Bank -- are meeting in Paris to talk about just that. Immersed in these critical discussions is former Secretary of State John Kerry, the US Special Presidential Envoy for Climate. He joins Julia to discuss. To learn more about how CNN protects listener privacy, visit cnn.com/privacy

My Climate Journey
India's Energy Story

My Climate Journey

Play Episode Listen Later Jun 19, 2023 67:26


Narendra Taneja serves as chairman of the Independent Energy Policy Institute, a think tank based in New Delhi, and is a Distinguished Research Fellow at the Oxford Institute for Energy Studies. He presides over the World Energy Policy Summit and was president of the World Oil and Gas Assembly from 2001 to 2011. With expertise in energy policy, transition, geopolitics, governance, and energy security, Taneja is recognized as a powerful voice on energy and climate, especially in the context of the Global North and the Global South. Currently surpassing China as the world's most populous country, India is the world's fifth-largest economy and the third-largest electricity producer. Despite the country's vulnerability to climate change impacts, its historical cumulative emissions account for a relatively small portion, standing at 3.4%. This places India as the seventh highest emitter among nation states, according to Carbon Brief, with the United States and China leading at 20.3% and 11.4% of emissions, respectively. Taneja sheds light on India's energy landscape, leading our discussion from statistical insights to a dynamic exploration of global collaboration for the energy transition and climate change. His compelling arguments are highly engaging and thought-provoking, and will likely cause almost every listener of this podcast to stop and think.In this episode, we cover: [03:13]: Recent developments in India's energy economy[04:49]: How India views climate and energy as two sides of the same coin[07:02]: Overview of India's energy grid infrastructure[08:29]: India's energy mix and new government incentives[10:05]: The current grassroots solar revolution[12:52]: India's history with coal and energy security challenges[18:46]: The Global North bias in climate narratives[25:15]: Risks of excluding developing nations from global climate conversations[31:13]: The need for a new democratic climate governance order[33:45]: The risks and reasons for a lack of global energy governance[36:16]: The International Energy Agency (IEA)'s exclusion of India and China[39:59]: The need for a new global bank for climate finance[46:32]: What it takes to create a new global organization[48:01]: India and China's history and return to the global center of gravity[52:15]: The Global North's resistance to change and how global power dynamics will shift in the next 30 years[54:42]: Narendra's thoughts on the European Union as a project[57:56]: India's investments in Russian oil[01:04:00]: Decentering the US and the "us or them" worldviewGet connected: Narendra TanejaCody SimmsMCJ Podcast / Collective*You can also reach us via email at info@mcjcollective.com, where we encourage you to share your feedback on episodes and suggestions for future topics or guests.Episode recorded on May 12, 2023

First Move with Julia Chatterley
Featured interview: IEA Exec. Dir. Fatih Birol

First Move with Julia Chatterley

Play Episode Listen Later May 25, 2023 45:47


According to a new report by the International Energy Agency (IEA), global investment in clean energy is on course to rise to $1.7 trillion this year. In fact, investment in solar power is set to exceed oil for the first time ever. But there's still major concern about the unevenness of that growth. The IEA points out that more than 90% of that increase comes from advanced economies and China. Joining Julia to discuss is IEA Executive Director Fatih Birol.  Also on today's show: World Bank President David Malpass, who's stepping down on June 30 after serving more than four years. To learn more about how CNN protects listener privacy, visit cnn.com/privacy

Clean Power Hour
Passive House for Decarbonizing the Built Environment with Zach Semke |EP142

Clean Power Hour

Play Episode Listen Later May 16, 2023 45:40 Transcription Available


Welcome to the Clean Power Hour! According to the International Energy Agency (IEA), buildings account for almost 40% of global energy consumption and approximately one-third of carbon dioxide (CO2) emissions. Passive House, also known as Passivhaus, is a building standard that prioritizes energy efficiency and sustainability by creating airtight, well-insulated structures with controlled ventilation and minimal energy consumption.Today on the Clean Power Hour, Tim Montague is joined by Zach Semke, Director of Passive House Accelerator. Passive House Accelerator is a multi-channel media company and event producer dedicated to Passive House design and construction. Zach Semke is also the co-founder of Shift Zero, an alliance of green building, energy efficiency, and climate action organizations and businesses that have come together around common ground. In today's episode, Tim and Zach explore the topic of Passive House and their role in decarbonizing the environment. Zach shares his personal journey and how he became interested in Passive House and the Built environment. He talks about the challenges of building energy-efficient homes and how the Passive House standard addresses those challenges.In addition, Zach shares his insights on Passive House and how the Passive House Accelerator connects builders, architects, and developers with the necessary resources and information. Key TakeawaysHow Zach got interested in Passive House and the Built Environment.What is Passive House?How a Passive House is BuiltWho needs a Passive House?LEED vs. Passive HouseThe story behind Passive House AcceleratorFollow Passive House Accelerator on LinkedInPassive House AcceleratorConnect with Zach Semke Connect with Tim Clean Power Hour Clean Power Hour on YouTubeTim on TwitterTim on LinkedIn Email tim@cleanpowerhour.com Review Clean Power Hour on Apple PodcastsThe Clean Power Hour is produced by the Clean Power Consulting Group and created by Tim Montague. Contact us by email: CleanPowerHour@gmail.com Corporate sponsors who share our mission to speed the energy transition are invited to check out https://www.cleanpowerhour.com/support/The Clean Power Hour is brought to you by CPS America, maker of North America's number one 3-phase string inverter, with over 6GW shipped in the US. With a focus on commercial and utility-scale solar and energy storage, the company partners with customers to provide unparalleled performance and service. The CPS America product lineup includes 3-phase string inverters from 25kW to 275kW, exceptional data communication and controls, and energy storage solutions designed for seamless integration with CPS America systems. Learn more at www.chintpowersystems.com

The Automotive Troublemaker w/ Paul J Daly and Kyle Mountsier
Bolt Goes Bye, Global EVs To Reach 20%, How's That Inflation Doing?

The Automotive Troublemaker w/ Paul J Daly and Kyle Mountsier

Play Episode Listen Later Apr 26, 2023 14:34 Transcription Available


Welcome to Wednesday as we bid a joint farewell to the Chevy Bolt. We also discuss a new report about global EV adoption, as well as check in on our old friend…inflation. After the better part of a decade, GM is saying goodbye to the Bolt as the last units roll off the Orion assembly line later this year. The move marks the end of the Bolt as the most affordable EV in the US market, making way for the upcoming Equinox EV, according to CEO Mary Barra.The Bolt experienced record sales in its final year, with GM expecting to produce over 70,000 Bolt EV and EUV models this year.GM plans to replace the Bolt with a new slightly larger Equinox and Blazer SS, based on GM's Ultium platform later this yearGM is tripling the size of the staff at the factory following a planned $4B overhaul so that it can produce electric versions of  the Chevy Silverado and GMC Sierra. They are calling it “Factory Zero”One writer for EV news outlet Electrek says his family owns a Bolt and 2 Teslas and he and his wife fight over who gets to drive the Bolt due to its comfort, handling, and ironically, it's great Apple CarPlay integrationA new release from The International Energy Agency (IEA) reports that electric cars are expected to account for one-fifth of the global market in 2023, with sales growing 35% to reach 14 million units. This marks a significant increase from just 4% in 2020.Currently, China leads the world in electric car adoption, with over half of all electric cars on the road and 60% of electric car sales in 2022.The transition from combustion engines to electric vehicles is projected to reduce global oil demand by at least five million barrels per day.In emerging and developing economies, two- or three-wheel electric vehicles are more common than cars, with over half of India's three-wheeler registrations in 2022 being electric. India is about to surpass China as the most populous country within monthsConsumers have continued to pay higher prices for everyday items, benefiting companies like McDonald's, PepsiCo, and Kimberly-Clark, even as some executives warn that shoppers may become more resistant to price increases.Despite price hikes, McDonald's saw a 12% increase in same-store sales, while PepsiCo reported strong demand and raised its revenue growth forecast.Some execs are cautious about consumers' tolerance for price increases as the labor market softens and recession risks loom.Companies like Conagra Brands and Constellation Brands are slowing price increases, acknowledging that customers may be reaching their limits.Conagra Brands, the maker of Hunt's ketchup and Slim Jim meat sticks, has said that it is done boosting prices for now, as prices have caught up with inflationGet the Daily Push Back email at https://www.asotu.com/ JOIN the conversation on LinkedIn at: https://www.linkedin.com/company/asotu/ Read our most recent email at: https://www.asotu.com/media/push-back-email ASOTU Instagram: https://www.instagram.com/automotivestateoftheunion

Everything About Hydrogen - an inspiratia podcast
Policy Simplicity & Certainty with Daria Nochevnik of Hydrogen Council

Everything About Hydrogen - an inspiratia podcast

Play Episode Listen Later Mar 24, 2023 44:30


On this episode of Everything About Hydrogen, we have Daria Nochevnik, the Director of Policy and Partnerships for Hydrogen Council. About Hydrogen Council:The Hydrogen Council is a global coalition representing over 140 industrial leaders in hydrogen around the world committed to accelerating the transition to net-zero in line with the climate targets set by the Paris Agreement. The Hydrogen Council membership comprises leading companies that provide hydrogen technologies across the entire hydrogen value chain, as well as some of the largest international investors. The Council has unique industry data on hydrogen projects across geographies. They deliver in-depth analysis and insights on the state of the global hydrogen industry and facilitate the development of international sustainability and safety standards for hydrogen technologies. They cooperate closely with their International Partners, in particular the International Energy Agency and the International Renewable Energy Agency.Daria NochevnikDaria has spent the last decade working in energy and climate policy and regulatory affairs presently as the Director for Policy and Partnerships with the Hydrogen Council. Daria covers hydrogen policy and sustainability, as well as partnerships with global intergovernmental organisations, including the International Energy Agency (IEA), the International Renewable Energy Agency (IRENA) and International Partnership for Hydrogen and Fuel Cells in the Economy (IPHE), and international initiatives such as COP and G7.Prior to joining the Council, Daria held strategic advisory roles in the sector working with policymakers and industry on the enabling regulatory frameworks for hydrogen, energy market regulation, as well as carbon pricing mechanisms and certification systems. In the past decade she worked with the European Federation of Energy Traders where she led Carbon Neutrality Strategy working on the evolution of wholesale energy and carbon market design in the EU.Sustainability is a key priority and focus area for Daria and the Council. Hydrogen Council has a dedicated Sustainability Program supporting the development of global standards for hydrogen, certification schemes, Sustainable Development Goals (“SDGs”) dimensions of hydrogen & ESG reporting and disclosure frameworks. The Sustainability Program is currently developing an SDG roadmap for the hydrogen economy to identify best practices and pathways for unlocking the SDG benefits that hydrogen can create for both developing and developed countries. ----Links:Website: www.hydrogencouncil.Com

EV News Daily - Electric Car Podcast

It's EV News Briefly for Friday 3rd March. I'll be back as usual at 5pm UK time, that's Midday Eastern, for the full podcast.  Patreon supporters get the episodes as soon as they're ready AND ad free. You can be like them by clicking here. Former Ford CEO Mark Fields believes that Tesla is one generation ahead of its competitors in the EV race, despite its stock dropping around 7% after its investor day presentation failed to confirm any new car models. Tesla's keys to winning the EV race come down to product appeal, software or user interface, controlling cost, and consistent execution. Tesla has started installing its fourth-generation Supercharger posts in Europe with longer cables to reach charging ports of different EV models, according to Tesla's Head of Global Charging Infrastructure, Rebecca Tinucci. The company's charging network is now the world's largest global fast-charging network with over 40,000 Superchargers in 46 countries. Tesla has opened up its Supercharger network in North America to non-Tesla EVs at 8 Supercharger locations in New York and 2 in California, fitted with the new "magic dock" interface. Ccharging costs vary by location but Tesla offers a membership for reduced charging rates. Tesla has been granted over $330 million in tax incentives by the Nevada Governor's Office of Economic Development board for the company's new electric semi truck and battery manufacturing facility, as part of an expansion of Tesla's Nevada Gigafactory. In return, Tesla has committed to investing $3.6 billion over 10 years and hiring 3,000 new employees with an average wage of $33.49 per hour. Ford has announced plans to resume production of its electric F-150 Lightning pickup truck on March 13 after a battery issue caused one of the vehicles to catch fire. The resumption of production will be watched closely as Ford seeks to compete in the growing electric vehicle market. Polestar, the EV brand owned by Volvo Cars and Geely, announced an 84% increase in revenue for 2022 and halved its net loss to $466m. The company aims to launch two new EV models this year and increase its deliveries by nearly 60% to around 80,000 cars. Vietnamese automaker VinFast has delivered the first batch of 45 vehicles to US customers amid doubts about the company's corporate health. CleanTechnica confirms VinFast's assembly process is on track and the company has delivered over 4,278 EVs to local customers in Vietnam. Buick China has revealed the interior of its upcoming battery-electric crossover, the Electra E5, which boasts advanced technology such as a 30-inch EyeMax curved OLED screen and wireless charging. The vehicle is expected to launch in China before mid-year and in the U.S. for the 2024 model year. LG Energy Solutions and Honda have broken ground on a new joint venture battery plant in Ohio, representing a $4.4 billion investment and the creation of 2,200 new jobs. The plant will produce lithium-ion batteries to power Honda vehicles for North American consumers, with the goal of shifting to 100% EV sales by 2040. Aston Martin is set to reveal a future model lineup that includes a new full-electric car at a capital markets day for investors this summer, according to Chairman Lawrence Stroll. The luxury carmaker is currently overhauling its three core front-engine sports cars, the DB11, the Vantage, and the DBS, with the first to be delivered to customers this autumn. First Bus has ordered an additional 117 electric buses from Wrightbus to operate in four UK cities, with additional funding from the British government. This order, along with the previous one, will enable First Bus to operate over 600 electric buses by March 2024 and supports the company's goal of being CO2 neutral by 2035 Redwood Materials has completed its first year of recycling electric vehicle (EV) batteries and has recovered over 95% of lithium, cobalt, nickel, copper, and other metals from 1,268 battery packs weighing over 500,000 lbs. The company says the cost driver is logistics, which will reduce over time as end-of-life pack volumes increase. Daimler Buses is transforming its Mannheim plant into a center for electric city buses, and it will invest around €150m in both its German plants by the end of the decade. The company plans to offer CO2-neutral vehicles in all segments in Europe and Latin America by 2030, and it aims to sell only fully electric vehicles for city buses in Europe. Renewable energy sources in the UK generated more electricity than gas during the winter season, producing enough energy to power every home in the UK. The progress was made through the use of wind, hydro, and solar energy, and is in line with the UK government's goal of reaching net-zero emissions by 2050. A new report from the International Energy Agency (IEA) shows that while global carbon dioxide emissions have increased, the growth has been tempered by a surge in renewable energy. The growth in renewable energy is driven by an increase in wind and solar installations and more supportive government policies, and the IEA emphasizes the need to accelerate the transition to renewable energy to achieve a sustainable future. A new study from the European Heat Pump Association and the European Heat Pump Network shows that heat pumps are significantly cheaper than green hydrogen for producing heat in Europe. Decarbonizing heating is a critical part of the EU's goal to reach net-zero by 2050, and the study highlights the role of heat pumps in achieving it.

Redefining Energy
88. The Solar Juggernaut - dec22

Redefining Energy

Play Episode Listen Later Dec 15, 2022 31:17


Another year of explosive growth for the Solar Industry: production above 300GW, +45% yoy. What's behind this staggering growth? How are the supply chain evolving? What are the “Fab four” and what new technology are they pursuing? Why are the prices not going down? How can the development of ESG in supply chain be assessed? How will the industry look in 5 years?So many questions for this booming industry and it is just starting: Solar PV capacity is expected to almost treble over the 2022-2027 period, growing by 1.5TW and surpassing coal as the largest source of power capacity worldwide, according to a report from the International Energy Agency (IEA). In its “Renewables 2022” report, the IEA expects renewables to grow by 2.4TW over the next five-year period, with an acceleration of installations in the residential and commercial rooftop market globally to help reduce energy bills. We needed answers; that's why we brought Finlay Colville on the show. Finlay is Head of Research PV-Tech and Solar Media and the most widely admired expert around the world for his insights. (Especially now that we are wondering about the fate of our Queen of Solar, Jenny Chase, who gave up the Head of Solar at BNEF. Jenny told me she is still active. We send her our love and respect).Finlay strongly believes that the Solar industry will reach a 1TW capacity in this very decade, which is a total gamechanger than the incumbents are totally oblivious to.Gerard and Laurent agree 100%. “The incumbent energy industry has literally no idea what's coming for them”-------Find more of Finlay Colville analysis herehttps://www.pv-tech.org/https://www.solarmedia.co.uk/--------A warm salute to our friends of Solar Power Europe.https://www.solarpowereurope.org/-------We thank the Green Recruitment Company for supporting the show. The Green Recruitment Company is the leading renewable energy and sustainability staffing company in the world. With recruiters in Europe, America, China, Australia & Africa, The Green Recruitment Company offers bespoke staffing solutions across solar, wind, green hydrogen, carbon capture, storage, investment & finance, and much more. https://www.greenrecruitmentcompany.com/--------------------Don't forget our excellent weekly sister show: Redefining Energy MINUTESApplepodcast: https://podcasts.apple.com/gb/podcast/redefining-energy-minutes/id1605111087Spotify: https://open.spotify.com/show/0mx29RlfrabGS6QErA8UD8-------------------------------------------------------Merry Christmas to all our listeners. See you on the 2nd January 2023 for our traditional previsions. (Gerard thinks he has won)

Columbia Energy Exchange
World Energy Outlook 2022: An Insider's Look

Columbia Energy Exchange

Play Episode Listen Later Nov 29, 2022 64:01


War. Inflation. Supply shortfalls. The global energy system looks much different than a year ago, thanks to a confluence of disruptive forces for oil and natural gas. Ever-cheaper renewables, electric cars, and stronger climate policies are putting peak fossil fuel consumption in sight.  How will these competing factors play out in the coming decade and beyond?  This fall, the International Energy Agency (IEA) published the latest version of its flagship report, the World Energy Outlook (WEO). It examines the state of the global energy system and maps out a variety of decarbonization scenarios for the future.  This week host Jason Bordoff talks with Laura Cozzi. Laura is the chief energy modeler at the IEA . She also serves as the head of the demand outlook division, and is responsible for producing the annual World Energy Outlook. Laura has been with the IEA for more than 20 years and has co-authored multiple editions of the WEO.  Jason talks with Laura about this year's analysis – and the various scenarios outlined in the report. They discuss the prospect for a peak in fossil fuel consumption, the impact of increased investments in clean energy, and the long-term impacts of today's supply crisis.

World Business Report
European Central Bank doubles interest rates to most in over a decade

World Business Report

Play Episode Listen Later Oct 27, 2022 28:11


We start off this edition of the World Business Report podcast with a look at the European Central Bank's third interest rate hike of the year. At 1.5% interest rates are at their highest level since the global financial downturn of 2009. Maria Demertzis, Deputy Director of the Bruegel, an economic think tank in Brussels, joined us to discuss the immediate and long term effects of this strategy. Next, we hear from Chin Le-Chewin, the boss of China's development bank about why they keep lending to countries with already crippling debt. In its annual report, the International Energy Agency (IEA) has warned that the first truly global energy crisis may be on the horizon as a result of Russia's invasion of Ukraine. Our presenter Sam Fenwick speaks with the Chief Energy Economist at the IEA, one of the co-lead authors of the report. Emma Wall is the Head of Investment Analysis at the UK brokers Hargreaves Lansdown and joined us for the latest on the markets. And finally, we end the programme with some good news. India's men's and women's national cricket teams will be paid the same appearance fee to represent their country. The announcement came from the India's top Indian cricket official, Jay Shah: who said, 'Pay equity was my commitment to our women cricketers". Diana Edulji, Indian's first woman cricket captain spoke joined the programme to discuss the significance of this milestone. This edition of World Business Report was presented by Sam Fenwick. Senior Producer: Izzy Greenfield | Producers: Devina Gupta and Gabriele Shaw

Human Events Daily with Jack Posobiec
JUNE 1 2022 - Durham Investigation Sinks into the Swamp

Human Events Daily with Jack Posobiec

Play Episode Listen Later Jun 1, 2022 26:06


Former Hillary Clinton campaign lawyer, Michael Sussman was found not guilty in the Trump-Russia collusion case after a DC jury ignored direct evidence. It's been a month since Justice Alito's draft on Roe v. Wade was leaked. While few questions have been answered, officials are now requesting personal cell phone information from clerks in an effort to narrow down the culprit. Days after DHS' failed Disinformation Governance Board dissolves, their leader Nina Jankowicz implied that the board could have stopped the Uvalde, Texas school shooting. Finally, chief economist to the International Energy Agency (IEA), Fatih Birol announced that the U.S. summer fuel shortage has the potential to be worse than the 1970s oil crisis with some gas stations prepping for $10 per gallon.Here's your Daily dose of Human Events with @JackPosobiec Save up to 65% on MyPillow products by going to MyPillow.com/POSO and use code POSO To get $500 of free silver on a qualifying purchase go to https://allegiancegold.com/POSO/ with code POSO