213 episodes

Weekly conversations about the energy transition from Wood Mackenzie.

The Interchange Wood Mackenzie

    • Business

Weekly conversations about the energy transition from Wood Mackenzie.

    What the Frack Is Happening With Natural Gas?

    What the Frack Is Happening With Natural Gas?

    At the beginning of the pandemic, energy prices crashed. We did an episode of this show trying to figure out how oil prices fell to negative $40 per barrel.

    Times have changed. Oil is up over $100/barrel. But far more acute is what’s happening with natural gas, particularly in Europe and Asia. In the US, natural gas prices have doubled in the last year. But in parts of Europe, the price has risen more than 5 times.

    The disruptions are clear. We're seeing stories of power shortages in China, fertilizer plants being shut down in the UK, and fears about home heating costs in the Northeast US as winter approaches.

    So what the heck is going on? How long might it last? And what does it tell us about the future?

    To answer those questions Shayle turns to Leslie Palti-Guzman. the President of Gas Vista and a non-resident fellow at the Columbia Center on Global Energy Policy. 

    Shayle and Leslie cover the many demand-side and supply-side issues. Then they talk about what comes next: What does this crisis reveal about the vulnerability of the energy system? And will countries double down on renewables, gas, or both to shore up their resiliency?

    The Interchange is brought to you by Schneider Electric. Are you building a microgrid? With a microgrid you can store electricity and sell it back during peak times. Keep your power on during an outage. Integrate with renewables. Control energy on your own terms. Having built more microgrids in than anyone else, Schneider Electric has the expertise to help.

    The Interchange is brought to you by Bloom Energy. Bloom’s onsite energy platform provides unparalleled control for those looking to secure clean, reliable 24/7 power that scales to meet critical business needs. It eliminates outage and price risk while accelerating us towards a zero carbon future. Visit Bloom Energy to learn how to take charge today.

    See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

    • 29 min
    Would I Lie to You? (Rebroadcast)

    Would I Lie to You? (Rebroadcast)

    We’re rebroadcasting one or our favorite episodes, called “Would I Lie to You?” 

    We originally ran it right after the 2020 election as a light-hearted distraction during a dark news cycle.

    Shayle Kann gets together with Adam James, the Chief of Staff and Senior Vice President at Energy Impact Partners (where Shayle also works) to play an energy-themed version of the British game show Would I Lie to You?

    Here are the rules:

    Each player selects three energy-related facts or stories. Any number of the three can be lies, and at least one has to be a lie.

    They have to be clear lies, not slight adjustments of the truth.

    The other person can ask three questions, and they must get an answer.

    At the end of the round, the truths and lies are revealed. If the score is a tie, it moves to a penalty shootout where each person offers a fact/story and the other person has to determine whether it is the truth or a lie. If someone misses and the other person gets their next answer right, they win.

    The Interchange is brought to you by Schneider Electric. Are you building a microgrid? With a microgrid you can store electricity and sell it back during peak times. Keep your power on during an outage. Integrate with renewables. Control energy on your own terms. Having built more microgrids in than anyone else, Schneider Electric has the expertise to help.

    The Interchange is brought to you by Bloom Energy. Bloom’s onsite energy platform provides unparalleled control for those looking to secure clean, reliable 24/7 power that scales to meet critical business needs. It eliminates outage and price risk while accelerating us towards a zero carbon future. Visit Bloom Energy to learn how to take charge today.

    See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

    • 48 min
    Carbon Recycling: Microbes, Jet Fuel and Leggings

    Carbon Recycling: Microbes, Jet Fuel and Leggings

    Shayle has been brewing up an investment thesis around how decarbonization will create stratification in traditional commodity sectors, like chemicals and materials.

    If you can produce the same thing in the same cost range -- but you can do so in a CO2-free or carbon-negative -- you'll reap the rewards.

    Lanzatech is a great test case for that thesis, as well as a great story to tell about the history of this sector. It was founded in 2005 as a biofuels company. Now, it captures industrial waste gasses, such as CO2 and CO, and recycles them into the chemicals used to make everything from plastics to medical supplies to fabric for Lululemon. It has even spun out an entire company focused on jet fuel.

    Shayle talks to CEO Dr. Jennifer Holmgren about carbon recycling and the big dent it could make in global greenhouse gas emissions. They break down the economics of competing with undifferentiated ethanol, jet fuel, and chemicals and the brand interest driving interest in carbon recycling tech.

    Jennifer hints at the potential for applying genetics expertise from medicine to industrial biotechnology; one day Lanzatech hopes to produce acetone, isopropyl alcohol and other valuable chemicals directly from its carbon-eating microbes. She reflects on leading one of the few companies to survive booms and busts of cleantech over the years. And she explains why the Lanzatech team decided not to ask their bacteria to do cartwheels. 

    The Interchange is brought to you by Hitachi ABB Power Grids. Are you building a renewable plant? Looking for a battery energy storage system? Thinking about how to integrate renewables to your grid? Hitachi ABB Power Grids is your choice. 

    The Interchange is brought to you by LONGi Solar, the world’s leading solar technology company. A global market leader, LONGi has unmatched bankability, quality and performance validated by third-party laboratories, and has breakthrough innovation at both the wafer and module level.

    See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

    • 38 min
    Microsoft’s $1B Climate Innovation Fund

    Microsoft’s $1B Climate Innovation Fund

    In January 2020, Brad Smith, the President of Microsoft, announced that the company had set a target of becoming carbon negative by 2030.

    How does the company plan to do it? What does going carbon negative actually entail?

    Brandon Middaugh, the Director of Microsoft’s $1B Climate Innovation Fund, comes on the show to explain. The fund invests in various climate technologies as a part of the company’s overall climate efforts. Investments in its portfolio cover carbon removal, carbon marketplace innovation and the circular economy, among others.

    (The fund’s first investment was in Energy Impact Partners, where Shayle is a partner). 

    Shayle and Brandon break down the sources of the company’s emissions, its climate strategy, and building a climate “fee” into the company’s operations to funnel back into the fund. 

    They talk about the the need to scale promising new technologies far faster than than even wind and solar, discussing what Microsoft can do to support wide-spread adoption. Plus, Brandon highlights some of the investments she's excited about so far.

    The Interchange is brought to you by Hitachi ABB Power Grids. Are you building a renewable plant? Looking for a battery energy storage system? Thinking about how to integrate renewables to your grid? Hitachi ABB Power Grids is your choice. 

    The Interchange is brought to you by LONGi Solar, the world’s leading solar technology company. A global market leader, LONGi has unmatched bankability, quality and performance validated by third-party laboratories, and has breakthrough innovation at both the wafer and module level.

    See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

    • 42 min
    Will Hydrogen Look Like Solar?

    Will Hydrogen Look Like Solar?

    The road to solar glory has been littered with failed companies -- the ones you may know (Solyndra) and hundreds you probably do not.

    Will the burgeoning hydrogen space follow a similar bumpy road? Hydrogen is at a similar phase of market and technological maturity, with similar levels of hype. 

    In this episode, Shayle talks to Raffi Garabedian, the former CTO of pioneering solar manufacturer First Solar and now the co-founder and CEO of Electric Hydrogen Co. (Disclosure: Shayle just led Energy Impact Partners’ investment in the company).

    First Solar was one of the very few Western companies that survived the price pressure, commoditization and trade dynamics in the solar industry during its early growth phase. How did First Solar do it? And what does that tell us about surviving the heady-but-volatile hydrogen space?

    Shayle and Raffi dig into that history, covering First Solar’s bet on mass-producible cadmium telluride technology, as well as the risky step of retooling manufacturing.

    They also cover the parallels to hydrogen: How does a novel technology compete against dominant incumbents? How does that technology navigate the boom-and-bust cycles of an emerging market? How can an executive team pick the most useful metric for its creative teams? 

    The Interchange is brought to you by Hitachi ABB Power Grids. Are you building a renewable plant? Looking for a battery energy storage system? Thinking about how to integrate renewables to your grid? Hitachi ABB Power Grids is your choice. 

    The Interchange is brought to you by LONGi Solar, the world’s leading solar technology company. A global market leader, LONGi has unmatched bankability, quality and performance validated by third-party laboratories, and has breakthrough innovation at both the wafer and module level.

    See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

    • 57 min
    Climate Tech Brings in $16 Billion. Where's It Going?

    Climate Tech Brings in $16 Billion. Where's It Going?

    In the world of venture capital, climate tech is about as hot as it gets. In the first two quarters of 2021, climate tech companies raised $16B from VCs. New designated funds are announced regularly, startup valuations are sky high, and times are frothy. It's never been a better time to be a climate tech entrepreneur.

    It's easy to get lost in the noise -- so what does the hard data say? How much investment are we talking about, really? Where is it coming from, and who is it going to? And what does that tell founders about how to operate and grow their businesses?

    To answer these questions, Shayle turns to Climate Tech VC, the leading newsletter on climate and innovation. Co-founders Kimberly Zou and Sophie Purdom have gathered and crunched the data in a new report.

    Sophie is a sustainability business practitioner and early-stage climate investor, and was a co-founder of the microbial fertilizer company Kula Bio. Kimberly is an investor at Energy Impact Partners, where Shayle is a partner.

    Shayle, Sophie and Kimberly define the space, look at hotspots, and discuss where the influx of capital is coming from. Also, be sure to check out the job board and investor list that Clean Tech VC maintains.

    The Interchange is brought to you by Hitachi ABB Power Grids. Are you building a renewable plant? Looking for a battery energy storage system? Thinking about how to integrate renewables to your grid? Hitachi ABB Power Grids is your choice. 

    The Interchange is brought to you by LONGi Solar, the world’s leading solar technology company. A global market leader, LONGi has unmatched bankability, quality and performance validated by third-party laboratories, and has breakthrough innovation at both the wafer and module level.

    See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

    • 49 min

Top Podcasts In Business

You Might Also Like