The Energy Gang

Wood Mackenzie

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

  • 57 minutes 48 seconds
    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.

    15 November 2024, 11:52 am
  • 53 minutes 22 seconds
    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.

    14 November 2024, 1:05 pm
  • 26 minutes 50 seconds
    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.

    12 November 2024, 10:51 am
  • 1 hour 19 minutes
    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.

    11 November 2024, 12:12 pm
  • 1 hour 23 minutes
    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.

    29 October 2024, 12:00 pm
  • 1 hour 1 minute
    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.

    15 October 2024, 11:00 am
  • 41 minutes 56 seconds
    The key takeaways from NY Climate Week, with Climate Group CEO Helen Clarkson

    The Energy Gang wraps up Climate Week in New York, after six days of debates, discussions, initiatives and pledges. Scheduled alongside the UN General Assembly, Climate Week brought together leaders from business, policy, finance, academia and activism to share ideas and push forward real solutions for climate change. 

    Host Ed Crooks sits down with Helen Clarkson, CEO of the Climate Group which organizes Climate Week, to talk about the big stories that emerged from the week. Climate Week has evolved from a small business-focused event to a larger platform, engaging diverse sectors in climate action. This year it included about 900 separate events, attended by an estimated 100,000 people.

    Helen explains the evolution of the event, and its shift of focus from the question of why companies should act on climate, to ideas for implementing solutions. Regulations that obstruct investment in low-carbon energy are emerging as one of the biggest challenges in the transition, and Helen and Ed discuss how to break down these barriers and facilitate the growth of renewables. Support from tech companies and other businesses for the development of clean energy was a key theme through the week. The launch of the 24/7 carbon-free coalition of energy buyers, backed by the Climate Group, was one of the big announcements of the week.

    Ambassador Geoffrey Pyatt, US Assistant Secretary of State for Energy Resources, also joins the show to discuss the Biden administration’s role in supporting Ukraine's energy security amid the ongoing conflict with Russia, and the importance of building a resilient energy infrastructure. He says one of the key issues at his meetings at Climate Week has been the importance of the supply chain for critical minerals, and the need to reduce dependence on China by creating new capabilities for mineral extraction and processing. Plus, Ed and Ambassador Pyatt debate the role of the U.S. in leading the energy transition globally. 

    Find all our Climate Week reporting on The Energy Gang, wherever you get your podcasts.

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

    1 October 2024, 4:02 pm
  • 1 hour 7 minutes
    Climate Week NYC special: Entrepreneurs in cleantech tell their stories

    The transition to a low-carbon energy system will need a lot of people with bright ideas for how to do things differently. It is the greatest business challenge of our time, and also the greatest opportunity.

    In this latest special edition of the Energy Gang for Climate Week NYC, Ed Crooks and Amy Myers-Jaffe host a live taping of the show in front of an audience of Amy’s students at NYU.

    Joining them on the show are two founders of innovative cleantech companies. Marissa Beatty leads Turnover Labs, which is developing an advanced electrolysis process that can directly convert impure carbon dioxide wastes into valuable chemicals. Apoorv Sinha leads Carbon Upcycling Technologies, which uses industrial carbon dioxide emissions, combined with natural materials or industrial wastes, to create new materials with improved performance and lower emissions. 

    Together they tell their stories of innovation and entrepreneurship, discussing the obstacles they faced, the support that helped them, and the strategies they used on their journeys from laboratory tests to commercial deployment. 

    Also on the show is one of the biggest names in the world of cleantech venture capital investment: Dan Goldman, Co-Founder and Managing Partner of Clean Energy Ventures, which invests in early-stage cleantech companies that are working to reduce greenhouse gas emissions. 

    Along with Marissa and Apoorv, he talks about the role of venture capital funding in the transition, and how policy can support innovative new businesses. A consistent policy frameworks is vital to foster long-term growth in the clean energy sector, but is that at risk in the US?

    The team offer words of wisdom for anyone thinking of trying to launch their own cleantech startup. If you want to help fix the climate problem while making money at the same time, what do you really need to know? Dan, Marissa, Apoorv and Amy have some answers.

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

    26 September 2024, 3:56 pm
  • 1 hour 14 minutes
    Climate Week NYC special: Can the US electricity system meet the challenges it faces?

    The US is entering a new era of electricity demand growth, after two decades of flatlining consumption. It is a shift that has huge implications for consumers, the industry and climate goals. Ed Crooks hosts a special live edition of the podcast, recorded at NYU for NY Climate Week, to debate the risks and opportunities in this new world for US power. On the panel:

    • Caroline Golin, Global Head of Energy Market Development and Innovation at Google
    • Kate Gordon, Chief Executive of California Forward
    • Amy Myers Jaffe, Director of NYU's Climate and Sustainability Lab
    • Xizhou Zhou, Head of Power Renewables at Wood Mackenzie


    Together they discuss the double-edged sword that is AI. It can drive increased efficiency throughout the energy industry, but also creates greatly increased demand electricity. Caroline discusses Google's commitment to achieving 24/7 carbon-free energy for its data centers, and advocates for innovative business models to support clean energy goals.

    Kate explains how extreme heat, electrification, and the push for decarbonization are reshaping energy needs. Balancing economic growth with climate resilience, job creation, and community engagement is a difficult challenge. How can it be done?

    Xizhou argues that the US has been unprepared for the recent surge in energy needs. How can the nation build out new infrastructure to alleviate the tensions and bottlenecks that are emerging?

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

    25 September 2024, 4:09 pm
  • 50 minutes 35 seconds
    What is the role that the oil and gas industry should play in the energy transition? Does it have one?

    We kick off our series of podcasts at Climate Week, by looking at the role that the oil and gas industry can play in the energy transition. Host Ed Crooks is joined by Bjorn Otto Sverdrup, who chairs the executive committee of the Oil and Gas Climate Initiative, a group backed by 12 of the world’s largest oil companies that works on ways to reduce emissions. 

    Oil and gas companies play a crucial role in providing the energy the world needs today. But the transition means shifting to lower-emitting sources and technologies. So can the oil and gas industry really play any constructive role in our energy future?

    Bjorn says the industry's challenge is twofold: using its capital and capabilities to develop new, lower-carbon energy solutions, while at the same time work to improve the existing energy system to reduce emissions. In the short term, reducing methane emissions is one of the most important actions the oil and gas sector can take to combat climate change. 

    Also joining the show is Gernot Wagner, a climate economist at Columbia university. He argues that while getting methane emissions down is important, there’s a need for more long-term, large-scale, thinking. Immediate emissions reductions of 5% or 15% may be great, but not if they distract from the more ambitious goals of getting to 90% or 100% reductions. Switching to a more efficient gas furnace may cut emissions now, but it locks in fossil fuel dependence for decades. Instead, transitioning to electric solutions such heat pumps is essential to achieve the full reduction needed over the coming decades. 

    The gang open the Climate Week discussions with a debate on this short-term versus long-term goal-setting. What short-term fixes make sense? Are we letting the perfect be the enemy of the good? What kind of price on carbon do we need? And what exactly is the long-term role of the oil and gas industry as we move to net zero?  

    Let us know what you think. We’re on X, at @theenergygang. Subscribe to the show so you don’t miss any of the Climate Week discussions. 

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

    24 September 2024, 4:33 pm
  • 1 hour
    How to stop America’s outdated grid holding back the deployment of clean energy

    There’s no transition without transmission, they say. It’s a cliché because it’s true. The US Department of Energy says that the nation will need to expand transmission capacity by 60% by 2030 to meet growing clean energy demand. A recent study found that delays in transmission development are adding $2.5 billion annually in additional costs to consumers due to the inefficiencies of the current grid. So why is building transmission lines in the U.S. so hard? 

    To find out, host Ed Crooks and regular guest Amy Myers-Jaffe of NYU are joined by Christina Hayes, Executive Director of Americans for a Clean Energy Grid. Her organization, which is backed by clean energy and tech companies and environmental groups, works to “expand, integrate, and modernize the North American high-voltage grid.”

    Christina explains some of the complexities of building new transmission lines in the US, taking us through the regulatory, local, and state barriers that slow down the development of new capacity that is essential for the growth of renewable energy.

    The Manchin-Barrasso Bill, legislation proposed in the Senate to expedite the construction of new energy infrastructure in the US, has been generating some heated debate. Could the proposals be a game-changer for infrastructure development that will accelerate deployment of clean energy and help cut emissions? Or do they give too much to fossil fuel interests relatives to the potential gains for renewables? The gang debate the pros and cons of the bill, and how much impact federal legislation can have when so many barriers exist at the local level. 

    They also discuss some of the other key issues for the grid. FERC Order 1920 was issued in May: what is it, and why is it so significant for transmission planning? And advanced transmission technologies: how can innovations such as reconductoring and grid-enhancing technologies make the grid stronger and more flexible, and what obstacles are in the way of these investments?

    To keep up to date with everything we discuss on the show, and more, sign up for the newsletter the Inside Track: www.woodmac.com/nslp/the-inside-track/sign-up/

    The article Ed mentions early on in the show is here: https://www.cleanenergygrid.org/fewer-new-miles-2024/

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

    17 September 2024, 11:00 am
  • More Episodes? Get the App
© MoonFM 2024. All rights reserved.