The Energy Gang

Wood Mackenzie
The Energy Gang

Bi-weekly discussions on the latest trends in energy, cleantech, renewables, and the environment from Wood Mackenzie. Hosted by Ed Crooks.

  1. 3 小時前

    Live from COP29: One weird trick to solve our energy problem

    As policy changes course in the US, is energy efficiency the key that can unlock a sustainable future? In our latest episode from the COP29 climate talks in Baku, Azerbaijan, host Ed Crooks talks to our guests about the challenges facing the energy transition, including the far-reaching implications of a second Trump administration, as asks whether getting smarter about the ways we use energy can be part of the solution. In the first part of the show, Ed welcomes back Vijay Vaitheeswaran, Global Energy and Climate Innovation Editor at The Economist. He and his team have a couple of big pieces in the latest edition, giving their views on the outlook for the transition in the US and around the world. They are joined by Zach Friedman, Senior Director of Federal Policy at Ceres, which is a US-based group that works with investors and businesses in sustainability issues. The trio discuss how US energy policy is likely to change under the Trump administration and a Republican-controlled Congress. They debate whether innovative mechanisms such carbon tariff for the US that is like the European carbon border adjustment mechanism could help align the administration’s economic objectives with climate goals. They highlight some hopeful signs for clean energy development, including the prospect of permitting reform that could expedite infrastructure projects. And they also explore why energy efficiency—a critical yet often overlooked component of the energy transition—could unlock massive cost and emissions savings while paving the way for renewable energy growth.  Later in the episode, Ed speaks with Jon Creyts, CEO of RMI, which describes itself as a “think-tank, a do-tank and a scale-tank”. He makes a compelling case for why energy efficiency is the "first fuel" of the transition: the best fuel of all is the fuel you don’t need. He argues for the central role of efficiency in reducing emissions, lowering costs, and supporting renewable energy targets. At COP28 in Dubai a year ago, the world agreed a goal of doubling of global energy efficiency improvement rates by 2030. So far it has not made any progress towards that goal. But with innovative approaches such as modular retrofits for housing, Jon illustrates how leadership and vision can dismantle structural barriers, making energy efficiency a linchpin of the low-carbon transition. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

    55 分鐘
  2. 2 天前

    Live from COP29: Everyone is talking about climate finance. What do they mean?

    How a deal at the climate talks could make a real difference to the energy transition In our latest episode from the COP29 climate talks in Baku, Azerbaijan, Ed Crooks explores the challenges and opportunities of mobilizing climate finance to support the energy transition in emerging markets. As the "Finance COP", COP29 is under pressure to deliver concrete outcomes on climate finance. The goal is an agreement that could mean $1 trillion a year or more flowing from rich countries to low and middle-income countries, to finance cuts in greenhouse gas emissions and investments to help communities adapt to the impacts of climate change. But what does climate finance really mean for countries tackling the climate challenge? And how can innovative funding solutions and systemic reforms ensure that financing reaches the countries and projects that need it most? On this episode, Ed is joined by Raquel Moses of the Caribbean Climate Smart Accelerator, which helps low-carbon energy projects in the region find commercial backers. She emphasizes the importance of disaggregating climate finance into grants, equity, concessionary loans, and other forms of lending, and explains why it is so important for everyone at COP29 and beyond to be clear about what they mean when they talk about it. Clarity on funding is critical for clearing obstacles to project development, particularly in the Caribbean and other emerging markets. Ben Attia of Allied Climate Partners also joins the discussion. He highlights the shortage of bankable projects in emerging markets, and explains how his organization deploys philanthropic capital to de-risk early-stage infrastructure developments. By preparing projects for commercial investment, ACP helps bridge the gap between available funding and viable projects. Raquel and Ben argue that addressing systemic issues, including the lack of early-stage equity investment, the complexity of aggregating small projects, and the risks associated with currency fluctuations in emerging markets, are essential to unlocking the $1 trillion-plus in annual climate finance needed to meet global goals. Finally, Ed talks to JP Thia, lead economist of the Asian Infrastructure Investment Bank (AIIB), to discuss the particular challenges for climate finance in Asia. It’s a region with large and often fast-growing economies, with a hunger for increased energy supply. JP discusses the importance of pairing climate goals with economic development, to align incentives and drive participation from the Global South. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

    47 分鐘
  3. 5 天前

    Live from COP29: Are businesses still driving the energy transition?

    As many nations face challenges in meeting their Paris Agreement goals, some businesses are stepping up to fill the gap. Climate action is not just a responsibility but a lucrative opportunity  In this latest episode of The Energy Gang from COP29 in Baku, Azerbaijan, Ed Crooks explores the critical role of businesses in addressing climate change. He talks to business leaders and experts about the challenges and opportunities facing companies at the forefront of climate action. Ed and his guests explore how industries such as steel, chemicals, and transportation are innovating to transition to low-carbon solutions.   Nicolette Bartlett of the CDP, the disclosure platform for carbon and other environmental impacts, says the business opportunities in addressing climate change have soared in recent years. Companies with emissions reduction goals want to drive decarbonization of their supply chains, creating new markets for businesses that can shrink their carbon footprints.   Mike Train, the Chief Sustainability Officer of Emerson, one of the world’s leading industrial automation groups, says his company is still committed to a roadmap for achieving 100% renewable electricity and net-zero emissions by 2030. Mike explains how transparency, innovation, and employee engagement are key to balancing investment costs with long-term growth.   Finally, Ed is joined by the leaders of two groups that work with blue-chip companies including Amazon, Google, Ikea and Netflix. Maria Mendiluce, of the We Mean Business Coalition, and Johan Falk, of the Exponential Roadmap Initiative, discuss why businesses are pivotal in shaping global climate policies. From lobbying for ambitious targets to fostering collaboration across value chains, companies are driving progress even amid geopolitical and economic uncertainties.   The episode also explores the connections between government policies and corporate strategies. Businesses need consistent regulations and financial frameworks to unlock investments and accelerate the transition to renewable energy and sustainable practices.   As COP29 continues, the focus remains on achieving an ambitious deal on climate finance to support developing countries and emerging economies. The conversations from this episode underscore the need for public and private sector efforts to work together to deliver real change. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

    58 分鐘
  4. 6 天前

    Live from COP29: How US states will keep up climate action under a Trump administration

    A special COP29 episode exploring the power of states, regions, and cities to advance the energy transition amid uncertain national policies In this special episode of The Energy Gang from COP29, Ed Crooks brings together a panel of expert guests in Baku, Azerbaijan, to discuss the global implications of the US election and the growing importance of state-level leadership in climate action. He is joined by Wade Crowfoot, California's Secretary for Natural Resources; Travis Kellerman, Senior Climate Policy Advisor to New Mexico's Governor, and Jessica Trancik, a professor at the Institute for Data, Systems and Society at MIT. Ed and his guests explore the evolving dynamics between US states and federal policy in the face of a second Trump administration’s likely withdrawal from the Paris climate agreement. The panel discuss the role of US states as climate pioneers, especially as federal support wanes. California and New Mexico, along with other climate-active states, are championing clean energy policies, pushing for renewables and other low-carbon infrastructure, and setting emissions standards that other states and countries will follow. Wade and Travis talk about the differences and similarities between the challenges they face, and their individual and collective responses. Some of their ideas, including permitting reform, may be aligned with the priorities of the Trump administration. Others such as stricter vehicle emissions standards, will not.   One area that could offer scope for co-operation between the federal government and climate-forward states is the need to boost electricity supplies for artificial intelligence, which is a priority for national security as well as economic growth. Jessica Trancik explains the potential innovative approaches to power data centers from clean energy sources.   Helen Clarkson, CEO of The Climate Group, also joins the show to share insights from her work, highlighting how states, cities, and regions around the world are forming coalitions that share knowledge and drive ambitious climate commitments.   The gang also provide their thoughts on COP29 as a platform for international dialogue and collaboration, and discuss the importance of these gatherings for holding governments accountable and inspiring innovation in climate action. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

    53 分鐘
  5. 11月12日

    Live from COP29: climate finance at the forefront

    The role of development banks in climate finance The COP29 climate talks in Baku, Azerbaijan, have climate finance at the top of the agenda. As global leaders and experts gather to deliberate on pathways to a sustainable future, the focus is on how funding from richer nations might facilitate decarbonization and resilience in poorer and middle-income countries. These discussions are not just about altruism, but recognize the economic interdependence and shared benefits of global climate action. Put simply, poorer countries need financial help to commit to ambitious goals for curbing greenhouse gas emissions.   Development banks have emerged as pivotal actors in the climate finance landscape. Defined by their mandate to lend money for social and economic development on a not-for-profit basis, these banks are uniquely positioned to leverage limited resources for maximum impact. For example, with every dollar invested, a development bank can secure an additional seven to nine dollars from capital markets, a feat not readily achievable by direct government funding.   Harry Boyd-Carpenter, Managing Director for Climate Strategy and Delivery at the European Bank for Reconstruction and Development, and Avinash Persaud, Special Advisor on Climate Change at the Inter-American Development Bank, join our host, Ed Crooks to highlight that development banks are central to the current climate finance discourse. Their ability to mobilize large sums of money and finance long-term, low-cost projects makes them indispensable to the climate goals set at COP 29.   Champa Patel, Director for Governments and Policy at the Climate Group, also joins the discussion. She points out that although there is much at stake, the multitude of unresolved issues makes optimism challenging. Even so, the potential benefits of achieving a robust and effective climate finance mechanism justify the effort and dedication of all involved.   The goals are ambitious, but the path ahead is fraught with challenges. Key issues include defining what constitutes climate finance, setting a quantitative goal, determining who can access these funds, and on what terms. The lack of consensus on these crucial aspects makes the discussions at COP 29 particularly intricate.   Listen to our first in a series of episodes recorded live from COP29 in Baku for all of the key developments, insights and commentary from this important global event. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

    27 分鐘
  6. 11月11日

    What’s next for energy after the US elections?

    President Trump plans a sharp change of direction The US elections last week are set to transform the energy landscape, with the Republicans now in control of the presidency, the Senate, and likely the House of Representatives. They intend to set a new direction for energy policy, emphasising affordability and reliability over sustainability and climate. In this special episode of The Energy Gang, we explore what this shift means for the American energy sector and the potential implications for both domestic and global markets.   Host Ed Crooks is joined Amy Myers Jaffe, Director of the Energy, Climate Justice and Sustainability Lab at New York University; Robbie Orvis, Senior Director at the think-tank Energy Innovation, and a new voice on the show: Ray Long, President and CEO of the American Council on Renewable Energy (ACORE). Their discussion gives a preview of what we can expect over the next four years. They debate how a new set of priorities in Washington will affect low-carbon energy sectors including wind, solar and storage, as well as carbon capture, hydrogen, and nuclear energy.   What will happen to the Inflation Reduction Act’s tax credits, which are crucial to the outlook for renewables? How will national security policy and the rise of artificial intelligence shape the new administration’s thinking. What is the outlook for the US vehicle industry as Chinese EV sales boom? And how could President-elect Trump’s tariff plans affect all energy sectors, both low-carbon and high-carbon?   Tune in for answers to all these questions, and to gain a comprehensive understanding of the evolving energy policy landscape. As negotiators gather for the COP29 UN climate talks in Baku this week, the future of the US under a new administration is going to be top of mind for everyone. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

    1 小時 19 分鐘
  7. 10月29日

    The trouble with transformers

    Electricity grids rely on transformers. Shortages are slowing down the transition to clean energy. Transformers are such commonplace pieces of local infrastructure that most people barely notice them. In America, they include those dustbin-shaped objects on poles for power lines, and in the UK they are those rectangular boxes on the pavement. But transformers have a critical function in making the electricity grid work, and they also play a vital role in the energy transition, too. If you want to add new generation to the grid, or increase local power supplies so people can charge their EVs, very often you are going to need transformers. And right now, getting hold of them is not easy. So why are these crucial pieces of kit in short supply? And how can we get more of them? To discuss this critical question, host Ed Crooks is joined by his Wood Mackenzie colleague Xizhou Zhou, Head of Power and Renewables. Xizhou has a whole lot of data on the scale of the problem, including how long you have to wait to get hold of a transformer, and how much prices have been going up. They are joined by Energy Gang regular Melissa Lott, who until very recently was a professor at Columbia University’s climate school. And we also have a newcomer to the show: Travis Edmonds, the Head of Supply Chain Management for North American Transformers at Hitachi Energy. Working out how to get transformers to people who need them is how he spends his days, so there is no-one really better qualified to explain the realities of the shortage and suggest ways to fix it. It's a complicated subject, with many different aspects to it and many different perspectives on the problem. And it is one of the issues that will decide the future of clean energy, in America and around the world. The Energy Gang break it down, make sense of it all, and explain where they think the industry is headed now. Keep listening to the end of the episode to find out about Melissa’s new job! For more information on the Wood Mackenzie multi-client study ‘Making the Connection: Meeting the electric T&D supply chain challenge’, visit: https://www.woodmac.com/products/supply-chain-intelligence/multi-client-study-meeting-electric-td-industry-challenges/ This episode is brought to you by Enbridge. Listen to Enbridge and GZERO’s podcast Energized: The Future of Energy at GZEROmedia.com/theenergygang See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

    1 小時 23 分鐘
  8. 10月15日

    Why is it so hard to find a charger for your electric vehicle?

    To make the leap from niche products to the mass market, electric vehicles need to reassure potential buyers that they have enough range and enough charging options that they won’t get stranded by the side of the road with a flat battery. Amy Myers Jaffe, director of the Energy, Climate Justice, and Sustainability Lab at New York University, has been suffering repeated frustrations in her search for working charging points for her EV. If the charging companies can’t get this right, it will be a big problem for expanding the market for EVs, and Amy is looking for answers. In this episode Amy joins host Ed Crooks to discuss EV charging in the US, tacking issues including: Is the industry growing fast enough? Where should new charging stations be built? What technology will they be using? Stepping in to give a perspective from the EV charging industry is Mike Battaglia, COO (and soon-to-be CEO) of Blink, a global leader in electric vehicle charging systems. He dispels some myths about EVs, and shares some of his predictions about the future of the charging industry. Together Ed, Amy and Mike talk about the rise of charging stations, both in the US and around the world. Mike explains Blink’s business model, and talks about his plans for the company. They explore the challenges in public EV charging, from software glitches to maintenance issues, and discuss how companies are stepping up to solve them.  An EV is just one part of a complex system that includes charging points, power grids and generators, just as a gasoline vehicle is part of a system including filing stations, refineries, pipelines and oilwells. For EVs to succeed, the industry has to persuade customers to switch over to that new and unfamiliar system. Can the charging sector address those significant challenges and ease customers’ concerns?  To keep up to date with everything we discuss on the show, and more, sign up for the newsletter the Inside Track. Let us know what you think. We’re on X, at @theenergygang. Subscribe to the show so you don’t miss any of the discussions. Available on Apple Podcasts or Spotify, or wherever you get your podcasts. Listen to Enbridge and GZERO’s podcast Energized: The Future of Energy at gzeromedia.com/theenergygang See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

    1 小時 2 分鐘

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簡介

Bi-weekly discussions on the latest trends in energy, cleantech, renewables, and the environment from Wood Mackenzie. Hosted by Ed Crooks.

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