The U.S. Department of Energy is crucial for funding, researching, and testing emerging energy tech.Now, in the Biden era, the agency is orienting itself toward deployment. How difficult is that transition?Our former co-host Jigar Shah joins Stephen, Katherine, and Ed to discuss his experience running the Energy Department’s loan programs office.In March, Jigar left his position at Generate Capital (and this podcast) to head into government service and run the loan programs office. Jigar has $40 billion in authority to back a wide range of climate technologies -- and he’s been working on the first round of investments with those dollars.In the second half of the show: a surprising twist in the global clean-energy transition. How much trouble will energy price inflation cause around the world?The Energy Gang 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.The Energy Gang is brought to you by Hitachi ABB Power Grids. What does your energy future look like? Look to Hitachi ABB Power Grids for the advanced energy technologies needed to deliver real outcomes — unlocking new revenue streams, maximizing renewable integration, and lowering carbon emissions. Learn more.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The Energy Gang

Mr. Shah Goes to Washington

EIA and IEA are out with projections for emissions and fossil fuel consumption. And they don’t look good. On our current policy trajectory, there is no peak in sight, according to EIA By 2050, we will likely see a 50% increase in energy consumption. And even though renewables will be the fastest-growing new source of energy, hydrocarbon liquid fuels will meet the majority of demand.That means emissions could rise through 2050, absent massive changes to policy.In July, the International Energy Agency issued a similar analysis showing that carbon emissions will hit record levels in the coming years. And that spending packages around the world — even at historic levels — are still not enough. How do we make sense of this sobering analysis?Plus, Wood Mackenzie is out with a new analysis of global energy storage trends, showing that storage deployments are set to triple this year. Most of that growth is coming from America and China, which account for 70% of installations. What are the applications, technologies and markets that will dominate this growth?Finally, Europe is in a crisis headed into winter. Natural gas is the second-most confused fuel in Europe — and prices are 6 times higher than they were in the spring.A confluence of factors — rapidly rising demand all at once, lower production than expected from Russia, low storage in Europe, lower-than-expected hydro and wind production — are contributing to the problem. What could alleviate the crisis? And does this put strain on Europe’s climate ambitions headed into COP26?The Energy Gang 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.The Energy Gang is brought to you by Hitachi ABB Power Grids. What does your energy future look like? Look to Hitachi ABB Power Grids for the advanced energy technologies needed to deliver real outcomes — unlocking new revenue streams, maximizing renewable integration, and lowering carbon emissions. Learn more.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

With an Energy Crisis Brewing, No Peak in Sight for Emissions

Suddenly everyone is talking about green hydrogen. From South Africa to the United Arab Emirates. From China to Utah. Governments and developers are eyeing hydrogen as a decarbonization tool. But the rush is also raising lots of questions: Where will hydrogen be most useful? How do you create a supply chain to support it? And how can we ensure it has climate integrity?For answers, we turned to two experts who are obsessing over the future of hydrogen: Janice Lin and Stephen Lamm.Janice Lin is the founder and CEO of Strategen. And she’s president of the green hydrogen coalition. Stephen Lamm is the director of sustainability at Bloom Energy, a company deploying zero-carbon solutions like green hydrogen.With so much renewed attention on the resource, we brought Janice and Stephen together for a discussion about where green hydrogen tech, markets, and applications are headed. This episode was produced in collaboration with 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.

Where Green Hydrogen Is Headed [Special Content]

Ride sharing has swept transportation systems over the last decade -- bringing convenience, but also congestion, inequities, and political fights.Now a new category of transportation networking is emerging: TransitTech.It makes up a class of companies that are using tech to help maximize public transit systems. So what does TransitTech look like post-pandemic?Tiffany Chu joins Katherine and Stephen this week to discuss the path forward for transit. Tiffany Tiffany is the co-founder and CEO of Remix, which was recently acquired by Via for $100 million.We’ll also dig into a new study from Carnegie Mellon University that shows Uber and Lyft are increasing external societal and environmental costs by up to 35% compared to personal car driving. We’ll wrap up with a discussion about how transportation will play into upcoming legislation on climate and infrastructure. The Energy Gang 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.The Energy Gang is brought to you by Hitachi ABB Power Grids. What does your energy future look like? Look to Hitachi ABB Power Grids for the advanced energy technologies needed to deliver real outcomes — unlocking new revenue streams, maximizing renewable integration, and lowering carbon emissions. Learn more.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

What Do Transit Systems Look Like After Covid?

All around us, hidden inside our buildings, are a series of choices and tradeoffs -- choices with direct impacts on our health, our money, and our energy use. Our buildings are wasteful and are filled with a lot of  “embodied” carbon. As a result, buildings directly and indirectly account for 40 percent of global emissions. How do we make those choices with better building science?And how do we use that science to design carbon out of our buildings?This week, Katherine and Stephen are joined by Christine Williamson, the creator of Building Science Fight Club. She is a building scientist who teaches architects how to think more intelligently about designing residential and commercial buildings to improve comfort and energy performance, while minimizing system failures.She also has an unconventional take on the green building space — arguing that many of the “feel good” approaches are not necessarily the most functional. Christy has spent her career inside homes and commercial buildings using “building forensics” to identify problems with design and operation. So what does an on-the-ground practitioner think about what’s most effective for improving the performance of buildings, and what’s not?The Energy Gang is brought to you by Sungrow. As a leading provider of PV inverter solutions across the world, Sungrow has delivered more than 10 gigawatts of inverters to the Americas alone and 154 gigawatts in total across the globe. Email them to learn more.The Energy Gang is brought to you by S&C Electric Company. Today, non-wires alternatives such as microgrids can provide more sustainable, resilient and economical ways to deliver reliable power. S&C helps utilities and commercial customers find the best solutions to meet their energy needs. Learn more.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The Hidden Science Behind Decarbonizing Buildings

Carbon capture has long been criticized as too nascent, too expensive, and too distracting. Is that changing?This month, the Swiss company Climeworks officially launched a direct-air capture plant in Iceland, called Orca. The company has already signed deals with SwissRe, Bill Gates, Stripe, and Shopify to sell them credits from the plant. But the tech is still pretty expensive and relatively small scale. Climeworks wants to build megaton-scale plants by the end of the decade. Lots of other plants are in the works. So what does this commercial launch signal for the carbon-capture industry? Plus, new research shows just how drastically we need to slash fossil fuels to limit dangerous warming. And, California tries to fix the busted recycling system with a “truth in advertising” law aimed at plastics companies.The Energy Gang is a Wood Mackenzie podcast.The Energy Gang is brought to you by Sungrow. As a leading provider of PV inverter solutions across the world, Sungrow has delivered more than 10 gigawatts of inverters to the Americas alone and 154 gigawatts in total across the globe. Email them to learn more.The Energy Gang is brought to you by S&C Electric Company. Today, non-wires alternatives such as microgrids can provide more sustainable, resilient and economical ways to deliver reliable power. S&C helps utilities and commercial customers find the best solutions to meet their energy needs. Learn more.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Will Direct-Air Carbon Capture Be Viable?

The electric grid is a central pillar of a zero-carbon economy. But in an era of unrelenting weather extremes, it’s also one of the most fragile.This week: what does power after carbon look like?Katherine and Stephen are joined by Dr. Peter Fox-Penner, author of a new book called, “Power After Carbon.”Peter is the founder of the Boston University Institute of Sustainable Energy. And he’s a partner and chief strategy officer at the VC firm Energy Impact Partners. At the turn of the last decade, Peter wrote a book called “Smart Power” that looked at the new pressures that utilities were facing around climate policy, emerging distributed energy, and digitization. We’ll look at what’s changed the most over the last decade.Plus, we’ll talk about why Entergy’s resistance to distributed energy in Louisiana created vulnerabilities after Hurricane Ida.The Energy Gang is a Wood Mackenzie podcast.The Energy Gang is brought to you by Sungrow. As a leading provider of PV inverter solutions across the world, Sungrow has delivered more than 10 gigawatts of inverters to the Americas alone and 154 gigawatts in total across the globe. Email them to learn more.The Energy Gang is brought to you by S&C Electric Company. Today, non-wires alternatives such as microgrids can provide more sustainable, resilient and economical ways to deliver reliable power. S&C helps utilities and commercial customers find the best solutions to meet their energy needs. Learn more.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Power After Carbon

The world’s most scrutinized and peer-reviewed document is out: the IPCC report on climate change. Thousands of scientists have spent decades pouring over every measurement and research report known. The findings are clearer than ever: It is “virtually certain” that the increases in extreme temperatures and droughts are caused by human activity. The economic and human toll from climate change is here. So how is this report different from previous IPCC reports?Plus, is the push for hydrogen a real pathway, or a clever way to lock in more emissions? We’ll look at the debate over “blue” hydrogen emissions.And, how far have the politics of climate really shifted in Washington? Will a change in tone mean a boost in action?Katherine Hamilton, Ed Crooks, and Stephen Lacey are this week’s co-hosts. The Energy Gang is a Wood Mackenzie podcast.The Energy Gang is brought to you by Sungrow. As a leading provider of PV inverter solutions across the world, Sungrow has delivered more than 10 gigawatts of inverters to the Americas alone and 154 gigawatts in total across the globe. Email them to learn more.The Energy Gang is brought to you by S&C Electric Company. Today, non-wires alternatives such as microgrids can provide more sustainable, resilient and economical ways to deliver reliable power. S&C helps utilities and commercial customers find the best solutions to meet their energy needs. Learn more.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Why This IPCC Climate Report Is Different

This episode originally aired on The Interchange.Back in 2016, Mateo Jaramillo left Tesla, where he was leading the stationary energy storage business, and started looking for a new challenge to tackle. He took on long-duration energy storage -- not long duration like 8 hours or 12 hours, but days or weeks or more. In 2017 he came on the show to talk about it. He formed a company, now Form Energy, that has been toiling on this problem in stealth mode. Apart from saying they were building a "metal air" battery, his team held the technology close to the vest.That is, until last week. The company announced a $200M Series D financing led by ArcelorMittal, the world's largest steelmaker, and in the process finally made public the technology, which is an iron air chemistry. Full disclosure: Shayle led Energy Impact Partners’ investment in Form.Shayle and Mateo discuss the technology itself and the counterintuitive economics that Mateo believes will make it work. They also examine how it beat out the alternatives and how it might complement more efficient, but more expensive lithium-ion. It turns out financial modeling was far more important than spec sheets in understanding the tradeoffs.They tackle the critical question: Where exactly are the profitable applications of this technology before we hit very high 80% renewables? They also talk about the semantics of long-duration storage vs. multi-day storage, why Mateo hates holy grails, and potential partnerships with tofu companies.The Energy Gang is brought to you by Sungrow. As a leading provider of PV inverter solutions across the world, Sungrow has delivered more than 10 gigawatts of inverters to the Americas alone and 154 gigawatts in total across the globe. Email them to learn more.The Energy Gang is brought to you by S&C Electric Company. Today, non-wires alternatives such as microgrids can provide more sustainable, resilient and economical ways to deliver reliable power. S&C helps utilities and commercial customers find the best solutions to meet their energy needs. Learn more.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Form Energy's Iron-Air Battery for Multi-Day Storage

We started the Covid pandemic at negative oil prices. Today, benchmark prices are above $70. And top oil companies are reporting billions of dollars in profits.And now there is more scrutiny than ever on how they’re going to spend that money.Activist shareholders are starting to get climate champions on oil major board seats -- most notably, climate tech investor and former wind executive Andy Karsner on Exxon Mobil’s board.A dutch court is now forcing Shell to reduce the emissions from its products by 45%, after a successful lawsuit from environmental groups. Oil executives now have their lawyers on speed dial.And big asset managers, like BlackRock, which lend to many of the world’s energy giants, are scrutinizing their climate plans. So what does it all amount to as oil markets rebound?Ed Crooks, the vice chair of Americas at Wood Mackenzie, joins us this week to discuss.Plus, we’ll talk about a new report card on America’s infrastructure. It’s a slight improvement, but the grade is still pretty awful. And, carbon offsets are going up in flames. Literally. What comes next for forestry offsets?The Energy Gang is brought to you by Sungrow. As a leading provider of PV inverter solutions across the world, Sungrow has delivered more than 10 gigawatts of inverters to the Americas alone and 154 gigawatts in total across the globe. Email them to learn more.The Energy Gang is brought to you by S&C Electric Company. Today, non-wires alternatives such as microgrids can provide more sustainable, resilient and economical ways to deliver reliable power. S&C helps utilities and commercial customers find the best solutions to meet their energy needs. Learn more.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

As Profits Rise, Oil Majors Face New Pressures

We're at a new phase of the clean energy transition. Extreme heat, drought and floods are increasing in frequency. Public attention on clean energy is stronger than ever. The Biden Administration is putting zero-carbon energy at the core of its policies.And there's another powerful force: making sure the energy transition is as racially and economically just as possible.Anton Cohen is a partner at CohnReznick LLP, and national director of the firm’s Renewable Energy Industry Practice. He's been advising companies across a wide range of industries: tech, manufacturing, public tax credits, and energy. Today, he focuses exclusively on renewables: “All we do is renewables. Live, eat, sleep, breathe renewables.”The large investors and energy users that Anton advises are feeling the urgency.“I think it's the corporates who are pushing hard. People know what direction we're heading in. It's just a matter of how quickly we get there with the energy transition,” says Anton.Amidst all of this change in the corporate world, we have an ongoing pandemic, a lumpy economic recovery, massive cybersecurity breaches, and an infrastructure bill under consideration that could transform the clean energy economy.Anton is watching all of it. So we caught up with him for a take on how all these factors are influencing each other. This episode was produced in collaboration with the international advisory, tax and accounting firm CohnReznick LLP. Learn more about how clean energy experts and advisors like Anton, can help your organization grow.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

A New Inflection Point for Clean Energy [Special Content]

After 30 years of R&D and commercial proof, hundreds of billions in institutional dollars are pouring into now-conventional tech like wind, solar and batteries.  But there’s a whole class of technologies that are ready to scale. And investors who are increasingly ready to back them.As we heard in our previous show, there was a record $17 billion in venture capital going into climate tech in 2020. With all this money dropping into the space, where can it have the highest impact? What are the areas where we have commercial viability, but still need significant breakthroughs?Our guest co-host this week is Nneka Uzoh Kibuule, a senior vice president at Aligned Climate Capital. She joins Stephen and Katherine to talk about the sectors where she sees the most promise.She'll also talk about the launch of GreenTech Noir, an organization that helps black professionals grow their career connections across clean energy, smart cities, transportation, infrastructure, environmental justice, and more.The Energy Gang is brought to you by Sungrow. As a leading provider of PV inverter solutions across the world, Sungrow has delivered more than 10 gigawatts of inverters to the Americas alone and 154 gigawatts in total across the globe. Email them to learn more.The Energy Gang is brought to you by S&C Electric Company. Today, non-wires alternatives such as microgrids can provide more sustainable, resilient and economical ways to deliver reliable power. S&C helps utilities and commercial customers find the best solutions to meet their energy needs. Learn more.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

What Emerging Climate Tech Sectors Are Ready for Growth?

During the height of the pandemic in 2020, venture capital poured into climate technologies at record levels. It was a happy surprise amidst a collapsing economy and years of investment stagnation. Venture investments in climate tech topped $17 billion in 2020 across more than 1,000 deals. Five years ago, it had fallen to $5.2 billion — a 30 percent decrease from a previous peak in 2011.Our guest co-host this week is Emily Kirsch, the founder and CEO of Powerhouse. She’s also the host of Watt It Takes, the entrepreneurship series about founders tackling climate change.Suddenly, it’s cool to be putting your money into the sector again. And there’s something different about today’s rise in enthusiasm. The first wave was all about the “coolness” of cleantech — thin-film solar, electric sports cars, printable batteries. It was also about proving cost curves.Kara Swisher put it bluntly in the NYT last year: the world’s first trillionaire will be a greentech entrepreneur.”Today, there’s much more technological maturity — bigger scale, bigger and better data, and more resources to tap for startups.There is also a deeper moral responsibility infused with investments. If you are running a major VC firm or a corporate venture arm, you are out of the loop if you don’t have a climate component of your portfolio. Andrew Beebe of Obvious Ventures argues we’ve entered the “climate decade” in VC.This week: climate tech isn’t just having a moment. It’s having an age, a period, a generation. Why we are at the start of a climate tech era in venture capital.The Energy Gang is brought to you by Sungrow. As a leading provider of PV inverter solutions across the world, Sungrow has delivered more than 10 gigawatts of inverters to the Americas alone and 154 gigawatts in total across the globe. Email them to learn more.The Energy Gang is brought to you by S&C Electric Company. Today, non-wires alternatives such as microgrids can provide more sustainable, resilient and economical ways to deliver reliable power. S&C helps utilities and commercial customers find the best solutions to meet their energy needs. Learn more.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

A New Era for Climate-Focused Venture Capital

In March of 2020, Covid shut down economies, closed off supply chains, and sent unemployment to historic levels. No one knew what would come next for energy.Oil prices went into negative territory. Industrial electricity use plummeted. Residential demand shot up. And there were big pipelines of renewable energy projects waiting to get built.“I think we were all a little bit nervous about how COVID was going to affect all of the deal flow in the market,” says Britta von Oesen, a managing director at CohnReznick Capital.Britta is the person at the table brokering tax structures and project sales that move money into renewable energy. So did Covid destroy her ability to get deals done?“Honestly, it's gone a lot better than I would have expected,” she says. M&A activity increased. And as 2021 kicked off, the M&A deals only accelerated. Most of the top independent wind and solar developers have been scooped up by utilities, private equity firms, oil majors, or bigger corporates. And the ones that haven't been acquired may be soon. There is an intense turf battle over wind, solar and storage platforms in the US. So what is driving all this activity? In this episode, brought to you by CohnReznick Capital, we speak with Britta Von Oesen about who's doing the acquiring, who's doing the selling, and what it all means for the growth of U.S. clean energy.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The M&A Turf Battle Over Wind, Solar and Storage Projects [Special Content]

It’s been a very intense year for America’s power grid. Across the country, the electricity system just faced another stress-test as extreme heat taxed power plants and grid operators in the Pacific Northwest, Texas, and New York.Since 2000, outages across the U.S. have increased by 67%. Is the power system ready for tomorrow’s extreme weather -- today?Stephen and Katherine are joined by Dr. Melissa Lott, a senior research scholar and the director of research at the Center on Global Energy Policy.Plus, we’ll discuss a secret recording of an Exxon lobbyist bragging about the company’s efforts to delay climate policy. What does it tell us about the oil industry’s grip in Washington?We’ll finish with a look at a new report from Columbia University: can we use natural gas pipelines to accelerate the low-carbon transition?The Energy Gang is brought to you by Sungrow. As a leading provider of PV inverter solutions across the world, Sungrow has delivered more than 10 gigawatts of inverters to the Americas alone and 154 gigawatts in total across the globe. Email them to learn more.The Energy Gang is brought to you by S&C Electric Company. Today, non-wires alternatives such as microgrids can provide more sustainable, resilient and economical ways to deliver reliable power. S&C helps utilities and commercial customers find the best solutions to meet their energy needs. Learn more.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Extreme Weather Keeps Maxing Out the Grid

Looking to understand the fast-changing world of energy? This isn't your ordinary energy business show. Every week, we debate and discuss the latest trends in energy, cleantech, renewables, and the environment. Join us as we explore the forces transforming energy markets in America and around the world.

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The Energy Gang

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