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Sponsored by KPMG and Vinson & ElkinsChris Creed, the chief investment officer at the US Department of Energy's Loan Programs Office (LPO), joins the show to discuss how the LPO is deploying public funds and attracting private capital to energy, transportation and manufacturing projects that are advancing technologies and delivering jobs across America. Creed shares his insider perspective on how the LPO's various financial programs are helping established companies expand their operations and newer companies build what the LPO calls a 'bridge to bankability.'Key highlightsOverall mission of the LPO - (3:42)Projects the LPO has recently helped finance - (4:26)Diversity of projects that apply for LPO financing - (6:50)The differing maturity levels of companies within the LPO's portfolio - (10:13)The philosphy behind the 'bridge to bankability' - (18:27)The 'patient capital' of the LPO - (20:08)How the LPO works with private investors - (22:25)The process for LPO applicants - (24:44)More resources from the LPOMonthly Application Activity ReportMore resources from KPMGTurning the Tide in Scaling RenewablesEnergy Institute 2024 Statistical Review of World EnergyMore resources from Vinson & ElkinsEnergy Transition & Clean TechnologyIn-Depth Insight on the Energy TransitionV&E+ - Conversations About Our Values, Views and VenturesVinson & Elkins' main office is located at: 845 Texas Avenue, Houston, Texas 77002 +1-713-758-2222Sign up for the Renewable Energy SmartBriefFollow the show on Twitter @RenewablesPod
Sponsored by KPMGMore resources from KPMGTransferable Tax CreditsEnergy & ChemicalsEnergy Institute 2024 Statistical Review of World EnergyAs the financial landscape for the renewables industry continues to evolve, Luis Silva, the chief financial officer at EDF Renewables, joins the show to offer his perspective on what lies ahead for the energy transition. Luis delves into areas of focus like the Inflation Reduction Act, the cost of capital and emerging trends around how projects are being financed. We also spend a great deal of time talking about transferable tax credits. In fact, when asked to share his bold predictions … the first one Luis mentions is very much related to transferable tax credits.Key highlightsHow the financial landscape for renewables has evolved - (3:21)Operating in the current interest rate environment - (5:06)What are the biggest financial risks to the renewables industry right now? - (6:40)New players in the transferable tax credit market - (8:10)Key questions being asked around tax deals - (10:19)Luis' views on the Inflation Reduction Act - (13:47)Policy moves that could help the renewables industry - (17:05)Top concerns around deal finance - (17:51)Luis' bold predictions - (19:26)More resources from EDF RenewablesWhat we do - SolarSign up for the Renewable Energy SmartBriefFollow the show on Twitter @RenewablesPod
We bring in Nick Wayth, CEO of Energy Institute (EI), for the release of the 73rd Edition of the Statistical Review of World Energy. The Energy Institute Statistical Review of World Energy™ analyses data on world energy markets from the prior year.Previously produced by bp, the Review has been providing timely, comprehensive and objective data to the energy community since 1952. The Strategic Review is now a collaboration between the EI, KPMG, Kearney and Heriot University. Five key stories emerge from the 2023 data:Record global energy consumption, with coal and oil pushing fossil fuels and their emissions to record levelsSolar and wind push global renewable electricity generation to another record levelOngoing Ukraine conflict cements gas rebalancing in Europe Dependence on fossil fuels in major advanced economies is likely to have peakedGrowth economies struggle to curb fossil fuel growth, but renewables accelerate in China Although we disagree on the message and question the concept of Primary Energy (super misleading), we salute the consistency and comprehensiveness of that Report. Keep them coming.https://www.energyinst.org/statistical-review
Noluthando Mthonti-Mlambo speaks to Prashaen Reddy, Partner at Kearney about the overview of what the Statistical Review of World Energy covers and its significance in the energy sector.See omnystudio.com/listener for privacy information.
Despite frequent pronouncements that the world should stop using coal, it still consumes vast amounts of black rocks. According to the Energy Institute's Statistical Review of World Energy, coal's global primary energy consumption was about 15% above natural gas in 2022 and only 15% lower than crude oil. Coal consumption has yet to decline. Instead, coal use has plateaued for the better part of the last decade. Because of its carbon intensity and large consumption, Peter and Jackie describe coal as the “herd of elephants” in the room for meeting aggressive decarbonization and climate goals under the 2015 Paris Agreement. This week, our guest is Lara Dong, Senior Director, Global Coal Research, S&P Global Commodity Insights. Lara explains why coal demand has been resilient and what to expect in the future. Here are some of the questions Peter and Jackie ask Lara: Is coal consumption expected to stay strong? Why is China still building new coal power plants? How does this compare to clean electricity additions in China, including wind, solar, and hydro? Is there still ongoing new investment in coal mines to add supply? Why was 2021 a pivotal year for Chinese energy policy? How did the 2022 energy crisis impact China's and India's energy policy for coal? Do you think the IEA Net Zero scenario, which assumes a 90% drop in coal consumption by 2050, is likely? If Canada were to increase its LNG exports to Asia, would this decrease coal consumption (and greenhouse gas emissions) in the region? Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/ Check us out on social media: X (Twitter): @arcenergyinst LinkedIn: @ARC Energy Research Institute Subscribe to ARC Energy Ideas Podcast Apple Podcasts Google Podcasts Amazon Music Spotify
Sponsored by: KPMGThe Statistical Review of World Energy, which is compiled by the Energy Institute, offers a comprehensive look at global energy production, consumption, trade and emissions. Energy Institute Chief Executive Nick Wayth joins the show to discuss some of the key takeaways from the most recent edition of the review, including region- and country-specific growth of renewables and how the industry is navigating a 'Triple Crises' spawned by the pandemic and geopolitics. Wayth also outlines the progress on the energy transition that he hopes will materialize at COP28. More resources from KPMGEnergy Institute 2023 Statistical Review of World EnergyThe Hydrogen HorizonEnergy & ChemicalsHighlights from Nick WaythBackground info about the Energy Institute - (2:47)The history of the Statistical Review of World Energy - (3:47)Key takeaways from this year's review - (4:59)Specifics about the growth of renewables - (6:34)Data related to key minerals - (10:05)Headwinds for offshore wind - (12:34)Geopolitics and the 'Triple Crises' - (15:34)Under-the-radar nuggets of info from the review - (19:07)The regional outlook for Africa - (22:43)What to expect from COP28 - (28:33)Nick's bold predictions about changes to the energy landscape - (30:03)Sign up for the Renewable Energy SmartBriefFollow the show on Twitter @RenewablesPod
Sponsored by: KPMGIt's time to talk about sustainable fuels; specifically sustainable aviation fuel (SAF). Dr. Patrick Gruber is the Chief Executive Officer of Gevo, where he and the team are at forefront of sustainable fuel development. Patrick is here to outline the basics of those fuels, how they fit into a wider energy ecosystem, what it will take for those fuels to see wider adoption, and the hurdles that might be standing in the way. He also explains how some fuels can be carbon negative. Patrick is a no-nonsense executive who is passionate about growing the sustainable fuel sector in an effort to fight climate change, so enjoy the energy he brings to this episode. More resources from KPMGThe Hydrogen HorizonEnergy & ChemicalsEnergy Institute 2023 Statistical Review of World EnergyHighlights from Patrick GruberThe basics of what Gevo does - (2:14)Gevo's supply chain and feedstocks - (3:23)Overview of various markets for sustainable fuels - (8:53)Guidelines for SAF and CORSIA eligible fuels - (11:32)How SAF fits into existing aviation fuel infrastructure - (15:32)A2J: Alcohol to Jet fuel - (17:16)Current SAF production capacity - (18:00)Uncertainty surrounding the Inflation Reduction Act - (20:52)Growing bi-partisan support for sustainable fuels - (21:43)Paying farmers more for using better agriculture practices - (24:29)The impact of climate change on feedstocks - (29:01)The concept of carbon negative fuels - (30:11)The share of the global aviation fuel market SAFs can capture - (33:35)Sign up for the Renewable Energy SmartBriefFollow the show on Twitter @RenewablesPod
Sponsored by: KPMGMuch-anticipated guidance coming down the pipeline from the Internal Revenue Service (IRS) and Treasury Department is set to define how clean hydrogen can be produced in the US. Amid furious lobbying efforts, the release of this guidance has already been delayed once. With potentially hundreds of billions of dollars on the line, Adi Bhashyam, a hydrogen analyst for BloombergNEF, joins the show to share what he describes as a framework that should be followed for thoughtfully crafting and effectively implementing the hydrogen piece of the Inflation Reduction Act.From BloombergNEF Adi's recent article: "US Hydrogen Guidance: Be Strict or Be Damned"More resources from KPMGThe Hydrogen HorizonEnergy & Chemicals Energy Institute 2023 Statistical Review of World EnergyHighlights from Adithya BhashyamThe basics of the 45V hydrogen tax credit - (3:43)Possible timeline for when to expect the guidance - (5:31)How is 'clean energy' defined within this guidance? Which colors? - (6:25)$70 billion in potential tax credits - (7:28)Not the normal lobbying battle lines - (8:27)Criteria for qualifying for the 45V tax credit: additionality, time-matching, deliverability - (9:40)The ideal framework for US hydrogen guidance - (11:23)Potential timeline for implementation - (14:13)Outside factors and headwinds to consider - (17:45)Adi's bold predictions about how it all plays out - (21:32)Sign up for the Renewable Energy SmartBriefFollow the show on Twitter @RenewablesPod
Diesmal mit Katharina Schipkowski und Susanne Schwarz. Urwälder sind nach wie vor nicht ausreichend vor der Vernichtung geschützt: Weltweit wurden im vergangenen Jahr 4,1 Millionen Hektar tropischer Regenwald abgeholzt oder fielen Waldbränden zum Opfer. Das entspricht etwa der Fläche der Schweiz. Damit sind noch zehn Prozent mehr verloren gegangen als noch 2021. Noch Schulden tilgen, wenn gerade eine große Unwetterkatastrophe gewütet hat? Das ist für arme Länder der Einstieg in die Schuldenspirale. Künftig soll es in internationalen Kreditverträgen Katastrophenklauseln geben, sodass es eine Pause bei der Rückzahlung von Schulden gibt. Erneuerbare boomen weltweit - aber trotzdem lieferten fossile Energieträger 2022 noch mehr als vier Fünftel der Energie. Das hat der „Statistical Review of World Energy“ ergeben, der als Standardüberblick zur Energiewelt gilt. -- Das klima update° wird jede Woche von Spender*innen unterstützt. Wenn auch du dazu beitragen willst, geht das HIER https://www.verein-klimawissen.de/spenden. Wir danken hier und jetzt - aber auch noch mal namentlich im Podcast (natürlich nur, wenn ihr zustimmt).
On Monday the Energy Institute (EI) published the 72nd edition of the Statistical Review of World Energy. BP handed off this responsibility last year. They probably felt that saying anything about energy consumption would inflame climate extremists without commensurate benefit. The EI launched the publication with a webinar, which predictably was both upbeat on renewables […]
As 2023 nears, Nick goes back to 1984 for episode 84’s dedication—commemorating the seven-game NBA Finals series between the Boston Celtics and LA Lakers. The intense matchup marked the golden era of NBA basketball as the 1980s would feature classic rivalries, many of the sport’s greatest players, and iconic coaches. Nick crosses over from the hard court to America’s military, stressing the importance of focusing on the best military equipment, contractors, and systems. He calls out a new rule proposed by the Department of Defense and NASA that aims to require defense contractors to disclose their CO2 footprints, reduction plans, and their climate risks. Nick suggests our government is more concerned about our military’s carbon footprint than its efficacy, which is great for our enemies, as are all America’s climate policies. Such a strategy would’ve spelled loss for the Celtics and Lakers in 1984, and Nick fears it could spell loss for our military in an increasingly hostile world. Next up, Nick discusses BP considering ending the publication of its Statistical Review of World Energy. “Another symptom of how the energy space is being driven, more and more, by the mystic and not by the science,” says Nick. While some in the energy space yield to mysticism, CNX Resources is not. That’s why the company has recently launched its “Positive Energy Hub”—a new forum for energy related facts and resources. Nick proceeds to delve into CNX’s recently announced vision for the Appalachian region, aka “Appalachia First.” It’s a chaotic world when it comes to energy, but Appalachia should be ground zero for a better energy future. The CNX vision is a strategic roadmap, leveraging low-carbon-intensive natural gas to transform key sectors of America’s economy and workforce while also changing the world for the better. Why Appalachia? Nick says it all centers around location-location-location, including Appalachia’s workforce, existing infrastructure, and decades of energy supply. Nick concludes by looking at the motivators behind constructing the Appalachia First vision. Visit www.positiveenergyhub.com/appalachia-first to learn more, and for a detailed presentation narrated by Nick. Happy New Year!
In this week's energy podcast, Senior Portfolio Manager James Mick discusses:A recap of the first half of 2022 from a performance standpointWhy increasing oil production may fail to lower pricesTakeaways from BPs annual Statistical Review of World Energy underscore the need for more energy supply while keeping emissions to a minimumDownload Transcript
In this final episode of this first series Energy Transition Now , Dominic Emery, Chief of Staff to the Chief Executive Officer, bp, discusses the key themes from bp's recently published Statistical Review, as well as the company's own net-zero scenario compares to that of the IEA – with the lesson this provides for rapid decarbonisation of the supply side. Dominic walks us through the evolution of bp's strategy, which includes understanding the deep challenges, taking an optimistic disposition towards the opportunity, and defining the purpose of business. David and Dominic the discuss the rationale for the 40% reduction ion hydrocarbon production by 2030, the approach and ambitions regarding emissions reductions, the changing nature of returns vs cash flow, and then opportunities for integration across the value chain. Dominic also highlights the importance supporting ‘greening companies' if we are to achieve the Paris goals.
Ever read a paper and feel a bit confused about all the statistical jargon and how to properly interpret the findings? At NEJM Resident 360, we’re bringing you Statistical Review which aims to cover some key areas in research methodology and trial design. On this episode, Dr David Harrington, our statistical editor here at the NEJM...
Ever read a paper and feel a bit confused about all the statistical jargon and how to properly interpret the findings? At NEJM Resident 360, we’re trying something new and bringing you Statistical Review which aims to cover some key areas in research methodology and trial design. On this episode, Dr. David Harrington our statistical editor here...
Ever read a paper and feel a bit confused about all the statistical jargon and how to properly interpret the findings? At NEJM Resident 360, we’re trying something new and bringing you Statistical Review which aims to cover some key areas in research methodology and trial design. On this episode, we discuss intention-to-treat and per-protocol...
Ever read a paper and feel a bit confused about all the statistical jargon and how to properly interpret the findings? At NEJM Resident 360, we’re trying something new and bringing you Statistical Review which aims to cover some key areas in research methodology and trial design. On this episode, we aim to cover basic ground over study...
Recently British Petroleum (BP) published the latest edition of their yearly Statistical Review of World Energy, the industry ‘bible’ of energy statistics. Earlier this year the company published their equally famous Energy Outlook. Mr. Spencer Dale, chief economist at BP, talks about the forces shaping the energy transition, the Paris Agreement climate goals and the ‘Sophie's choice’ between emissions and poverty.
BP's Statistical Review of World Energy 2017 launch event
BP's Statistical Review of World Energy 2016 launch event
Statistical Review of World Energy 2014
Statistical Review of World Energy 2014
Statistical Review of World Energy 2014