Holiday Rewind Part 2: Unwrapping the energy transition

The final episode of thinkenergy in 2024 unwraps on the year’s biggest topic: the energy transition. Learn how it’s shaped discussions and actions across the energy sector, as we revisit the most insightful moments from past episodes, including expert insights on sustainable practices, investments needed for future transformations, and the impacts on rural, remote, and urban communities. Tune in for a holiday rewind of how the energy transition affects Canadian consumers, businesses, and the environment.

Related links

●       Episode 144 (The what, where, when, and how of Canada’s energy transition): https://thinkenergypodcast.com/episodes/the-what-where-when-and-how-of-canadas-energy-transition/

●       Episode 140 (Current affairs with Francis Bradley, Electricity Canada’s President and CEO): https://thinkenergypodcast.com/episodes/current-affairs-with-francis-bradley-electricity-canadas-president-and-ceo/

●       Episode 141 (Decarbonizing and electrifying your home, with Sarah Grant of Goldfinch Energy): https://thinkenergypodcast.com/episodes/decarbonizing-and-electrifying-your-home-with-sarah-grant-of-goldfinch-energy/

●       Episode 142 (Electrifying Canada’s remote communities with QUEST Canada): https://thinkenergypodcast.com/episodes/electrifying-canadas-remote-communities-with-quest-canada/

●       Episode 142 (Turning energy consumer interest into action with EY Global): https://thinkenergypodcast.com/episodes/turning-energy-consumer-interest-into-action-with-ey-global/

●       Trevor Freeman on LinkedIn: https://www.linkedin.com/in/trevor-freeman-p-eng-cem-leed-ap-8b612114/

●       Hydro Ottawa: https://hydroottawa.com/en 

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Transcript:

Trevor Freeman  00:07

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 thinkenergy@hydrottawa.com. Hey everyone and welcome back. Well, we find ourselves here at the tail end of 2024 about to wrap up the year. Hopefully you are all looking at some restful holiday plans, a chance to sort of unwind and decompress after what seems to be the same every year, kind of a busy year. There's always lots going on, but hopefully you're looking forward to some downtime over the holidays. I know I certainly am, as is normal, at the end of the year, we are looking back on the year that was the year that we've just gone through. And I'll say right off the bat that I'm really grateful for this year and this chance to step into the host role of the think energy podcast earlier this year, I took over in March of this year, when the previous host, Dan Seguin, retired, so I'll express my gratitude right off the bat to Dan and team for sort of pioneering this podcast over the previous years and then trusting me to take over the host chair. It's been a really fun journey and fun to kind of engage with our guests on different topics that I'm really passionate about you guys know from listening to this that I really like talking about climate change and energy and the energy transition, and this is a really cool and neat platform to be able to do that. So, thanks to the team for trusting me with that role. One thing we've been doing, as we've been looking back, is trying to figure out, you know, what is the main theme of this podcast here? What do we actually talk about? In our last episode you know that we did a bit of a summary of some of the top episodes from the year, in terms of, you know, interest from you the listener. For this one, what we wanted to do is really embody the theme of the year, and I think it should be no surprise that the theme is the energy transition. I mean, that's kind of the theme of the podcast. I know we touch on other aspects of working in the energy sector, but the energy transition is really the all-encompassing theme or thing that we talk about, and we spend a lot of time on here in this podcast, and so we wanted to bring you some of the episodes that really talk through what that energy transition is, and what does it mean for us. What does it mean for us as energy consumers, as homeowners and people that work and own and run businesses, as people that work in the utility industry and are making decisions about the future of energy? So, we've picked a few clips from the year that we think really embody that. So, get comfy, hopefully you're warm inside, as it's maybe snowy out where you are, maybe not, maybe you're listening from somewhere warm. But get comfy and have a listen to what we think are some of the clips that really embody what this year was about when it comes to the energy transition.  To start things off, I think it would be good to and unfortunately, you're going to have to listen to my voice for another little bit longer. It'll be good to start with an episode I did not too long ago, which was really a primer on the energy transition, which really focused on helping everybody wrap their heads around what exactly is this thing that we talk about called the energy transition. So have a listen to this clip from that. And if you're interested, go back and listen to the whole episode. When we think about the energy transition, we probably mostly think of this ongoing shift to cleaner emissions free energy. So EVs over gas cars, heat pumps over gas furnaces, etc. That is definitely part of it. In fact, that's a major part of it. But like most things in life, it's never just as simple as that. The energy transition is a truly fundamental shift in our global relationship with energy, which includes not just what makes our cars go, but everything from how, where and when we generate energy, how, where and when we store and use energy, how we pay for the energy we use, how we finance and pay for energy projects and the systems that we need to do all the things I just mentioned. It will include a shift in what policies and regulatory guidelines and barriers we put in place to protect the public, but that also encourage change that we want to see happen to allow for innovation and advancement. It isn't completely throwing out everything we have and starting from scratch, although some things will disappear, like coal fired electricity generation, for example, but in a lot of areas, it is building on what we've already got at a pace that we haven't seen before, or at least in a very long time. I think that's a key point here. One of the things that makes the energy transition, a change worth noting is the pace of change that we will see. Things have never really been static in the world of energy, from that time when our earliest ancestors first sparked that fire, this is the poetic part that I mentioned earlier, our relationship to energy has never really stood still, but other than a few significant events, the upward trend in sophistication and growth and scope has been fairly linear, gradual, one step after the other, et cetera. It's those exceptions, though, those things that are different from that gradual, linear growth that probably most closely resemble this period of change that has started that we're calling the energy transition. Take the Industrial Revolution, for example. For decades and centuries prior, there had been gradual improvements in how we got around or how we work the fields. Let's say, you know, first by hand, then with tools, maybe a better plow came along. We started using a horse or an oxen to pull that plow, etc. That along comes the steam engine, and all of a sudden, things take off like never before. It wasn't just a matter of swapping out a horse for an engine. It may have started there, but entire economies and aspects of society changed or spran