Two investment bankers weekly explore how tech, finance, markets and regulations are radically redefining the world of energy: Renewable Energy, Electric Cars, Hydrogen, Battery Storage, Digitisation... Your co-hosts: from Berlin, Gerard Reid and from London, Laurent Segalen. Our LinkedIn page: https://www.linkedin.com/company/redefining-energy/ X handle: @Redef_Energy
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Laurent Segalen And Gerard Reid Podcasts
Redefining Energy - Tech, a channel of the award-winning Redefining Energy podcast, features deep and broad conversations between global decarbonization leaders and technologists and host Michael Barnard. His informed perspectives on energy, industry and transportation enable him to have intense conversations with brilliant and knowledgeable people. You’ll be informed, stimulated and amused.
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Gerard is on stage with Adele Zhao - Trina Solar and Thomas Raffeiner- The Mobility House at the Smarter E Conference. In a conversation hosted by Jonathan Gifford, they discuss about the future for the intersection of e-mobility and renewable energy. The conversation has been released as an Episode of “Powering Through” entitled The Resilience of …
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206. Renewables Repriced: Hedge Funds and Algo power trading - dec25
31:48
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31:48For much of the past two decades, renewable energy investment was viewed as a core infrastructure play—favoured by funds and long-term capital seeking predictable, government-backed cash flows. Yet the gradual phase-out of subsidies and the increasing exposure of renewables to wholesale power price volatility have eroded that stability. Are investo…
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205. Elexon: The Hidden Engine of Britain’s Power Market - nov25
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29:57Running a power market isn’t just about generating electricity—it’s about making sure every kilowatt is accounted for. Someone has to calculate who owes what, make sure the rules are fair, and keep the system balanced in real time. Think of it as being an accountant, a banker, and a referee—all rolled into one. In the UK, that vital but largely inv…
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204. Live from COP30 – WTFFF and Other Tales from the Amazon
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19:33Laurent sits down with Bruce Douglas, CEO of the Global Renewable Alliance, for a live conversation from COP30 in Belém, Brazil. They explore how COP30 is structured, the role of the Global Renewable Alliance, and the dynamics among participants. The 800-pound gorilla in the room—the United States—hasn’t derailed the negotiations, but one might ask…
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Solar energy has experienced explosive growth over the past five years — doubling in capacity outside of China and quadrupling within China. But with this rapid expansion come new concerns: Are we scaling too quickly? And is the proliferation of solar now starting to strain power grids, creating more problems than solutions? Enter the concept of th…
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202. The US Power Industry Mismatch: Large Load Growth vs. Investment Capital - Nov25
28:18
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28:18Laurent and Gerard have an explosive conversation with Bryan Long, Executive Director in JPMorgan’s Commodities Group. They explore why U.S. energy market signals are failing to support new capacity investments, despite soaring demand (especially from datacenters). Key issues include misaligned pricing, liquidity constraints, and hedging challenges…
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201. Battery Boom or Policy Bust? The Big EV Divergence - Oct25
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28:51We are in the middle of a battery boom, for EVs and even more for BESS. What's really happening in the electric vehicle (EV) market? Is China dominating the field, or are serious alternatives emerging? What roles are Europe, the U.S., and other global regions playing? Which chemistries are winning out, and how are prices trending? These are the que…
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200. “200 slides, Energy, AI, and the End of ESG” with Nat Bullard - Oct25
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29:50For our 200th episode, we had the pleasure and privilege of speaking with Nat Bullard, one of the sharpest minds in the energy world. A leading analyst in climate and energy, Nat is known for his clear insights on clean energy, decarbonization, and the global energy transition. Formerly Chief Content Officer at BloombergNEF, he is now also a co-fou…
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The oil and gas industry is clinging to the narrative that we're entering a "Golden Age of Gas" — especially when it comes to LNG. Riding this assumption, companies have been pouring in investments at an aggressive pace, with plans to double LNG export capacity by the end of the decade. US LNG FIDs are breaking all records in 2025, with 55 mtpa of …
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59. Why Fusion, SMRs, and CCS Won’t Save Us (and other Seven Sins of the Energy Transition)
29:17
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29:17In this episode, Gerard Reid, Laurent Segalen and Michael Barnard dug into the technologies and narratives that keep surfacing in discussions about the energy transition, but which continue to underdeliver when you scrutinize the economics and engineering realities. Carbon capture and direct air capture remain heavily subsidy-driven, often costing …
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Germany is experiencing a battery blitz. The market is expected to triple from 2GW to 6GW in less than two years. To give a bit of context, Zach Williams from Modo Energy, gives us the big picture and fundamentals of the German battery market. Legacy developers have not yet been able to catch that wave, but newcomers have. We bring on one those new…
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197. The fight for accurate Carbon Accounting and 24/7 Green Power - Sep25
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21:44With Gerard away, Laurent invited another Irishman, Killian Daly, to dive into a technical—but critically important—topic: carbon accounting, power procurement, the GHG Protocol (v3), and the push for 24/7 green energy. For as long as we can remember, companies have tried to boost their green credentials—high rewards if successful, limited conseque…
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58. Deepwater Minerals, Shallow Promises (2/2)
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1:07:21In the second episode of Redefining Energy Tech, Lyle Trytten (aka the Nickel Nerd) joins host Michael Barnard to explore the controversial world of seabed mining. The discussion focuses on The Metals Company (TMC), Impossible Metals, and their efforts in the Clarion Clipperton Zone. A significant milestone was recently announced: for the first tim…
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196. Are SAF and Marine Green Fuels worth the Carbon Reductions? - Sep25
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30:23Aviation and marine transport together account for approximately 15% of global oil consumption—a substantial share driven by sectors that are among the hardest to decarbonize. Unlike road transport or power generation, these industries face unique constraints: the high energy density required, long operating ranges, and the limitations of onboard s…
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Battery technology lies at the core of the global energy transition, but managing and optimizing battery systems has become a highly specialized discipline. ACCURE is a cutting-edge startup that is redefining how batteries are monitored and operated. Using artificial intelligence, advanced sensors, and deep electrochemical expertise, ACCURE has est…
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57. Deepwater Minerals, Shallow Promises (1/2)
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43:01In this episode of Redefining Energy Tech Michael Barnard sat down with Lyle Trytten, who many in the industry know as the nickel nerd. He has spent decades working in mining and mineral processing and has become a trusted voice for organizations like Natural Resources Canada and the International Energy Agency. Our conversation turned to the techn…
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194. Next-Gen Weather Forecasting: AI, Satellites, and Drones - Sep25
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26:54Water, wind, sunlight — the driving forces behind renewable energy. The better we can predict them, the more we can accelerate progress and reduce risk. Weather forecasting is undergoing a quantum leap, powered by breakthroughs in satellites, drones, and artificial intelligence. Once the exclusive domain of national weather services, the industry i…
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193. The Seven Deadly Sins of the Energy Transition
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30:12Three wise men met and discussed the Seven Sins of The Energy Transition. Laurent, Gerard and Michael dissect seven sectors that have captured attention, investments and public money and are at best dead ends, at worst disasters waiting to happen. Greed — “Subsidy Mining in a Lab Coat” (Carbon Capture & Direct Air Capture) A capital-intensive detou…
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Gerard delivered a keynote on Digitalisation, AI, Supply Chains and Electrification at the EcoVadis Global Summit. Gerard Reid argues that we are living through a new industrial revolution driven by digitalization, AI, and electrification, comparable in scale to the steam and automobile revolutions of the past. He highlights how China is rapidly ou…
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191. “How Big Things Get Done” with Pr. Bent Flyvbjerg (hosted by Michael Barnard)
1:19:39
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1:19:39This is a re-release of the legendary interview by Michael Barnard of Pr Bent Flyvbjerg on our sister show ”Redefining Energy Tech” Professor Bent Flyvbjerg, an expert on megaprojects and author of How Big Things Get Done, shares insights from a database of over 16,000 projects, revealing that 99.5% fail to meet expectations in budget, timeline, or…
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56. Planning the future of an energy system: case study Netherlands (2/2)
43:27
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43:27In this second part of the podcast, Michael Barnard pursues his conversation Paul Martin and Emiel van Druten with explores emerging insights into the Netherlands' energy transition, addressing core assumptions around efficiency, hydrogen usage, and electrification. Building efficiency upgrades yield disappointing returns, with gas consumption ofte…
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190. Solar and Flex – Solar Power Summit 2025
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39:56This Spring, Laurent Segalen was invited by Solar Power Europe to moderate a panel, during the Solar Power Summit, around the theme ”Winning the Flex challenges”. The Speakers were: Andrea Wechsler, Member of the European Parliament, EPP, Germany Paula Rey Garcia, Acting HoU Renewables & Energy System Integration, DG ENER, European Commission Nick …
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189. Energy Disruptions - (Gerard on "Clean Titans")
1:09:46
1:09:46
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1:09:46This is Summer time, so we publish some contents that we have created on other channels A few weeks ago, Gerard came on the ”Clean Titans” The YouTube channel “Clean Titans” focused on clean energy, is hosted by Sam Evans, known as The Clean Energy Guy. His content dives into clean energy topics with enthusiasm, aiming to educate and inspire viewer…
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55. Planning the future of an energy system: case study Netherlands (1/2)
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39:53Michael Barnard hosts Paul Martin and Emiel van Druten in an insightful podcast episode exploring the Netherlands’ evolving energy transition scenarios, specifically focusing on strategic planning for 2030 and 2050. Emil van Druten, leading the scenario development at Tennet, collaborates closely with Dutch network operators, leveraging his enginee…
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188. US/Petrostate vs EU/Electrostate – a joint episode with Open Circuit
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32:08On July 7th, Gerard and Laurent were invited to appear on the U.S. podcast Open Circuit, alongside Jigar Shah, Katherine Hamilton, and Stephen Lacey. It was an emotional reunion—Jigar and Katherine were part of the original Energy Gang, the very show that inspired us to create our own. We had a rich, two-part conversation. The first part revisited …
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187. Texas: Power Surge or Power Splurge? - Jul25
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26:25Texas is an oddity in the western electricity world: fastest growing load, ultra-low prices, crazy development of renewables. Texas consumes now more power than France, despite having only half the population. Prices are a factor 4 lower compared to 20 years ago. And 90% of additional load has been provided by Wind and Solar, despite the permanent …
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186. Power under Pressure: Fortum’s CEO on Datacenters’ growth and Russian Attacks (Eurelectric)
24:31
24:31
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24:31Laurent had the pleasure and privilege of sitting down with Markus Rauramo, CEO of Fortum, during the Eurelectric “Power Play” conference in Brussels this June. Fortum, the Finnish energy company also active in Sweden and Poland, finds itself right on the front line when it comes to tensions with Russia—not exactly your average utility boardroom dr…
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What Really Happened During the Iberian Blackout This Spring? And How Should We Make Sense of the Conflicting Reports? To shed light on the events, Gerard and Laurent are joined by global energy expert Steve Berberich, who served as President and CEO of the California Independent System Operator (CAISO) from 2011 to 2020. Steve led CAISO through th…
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54. Decarbonizing the High Seas - IMO’s Billion-Dollar Bet (2/2)
39:23
39:23
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39:23In this episode (2/2), Michael Barnard concludes his conversation with Tristan Smith, a leading voice in maritime decarbonization and professor at the UCL Energy Institute, to unpack the tangled web of choices, regulations, and constraints facing the shipping industry as it attempts to cut emissions. From dual-fuel ships and synthetic fuels to comp…
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184. Market dynamics and Pricing of Battery Materials - Jun25
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33:18Six years ago, Simon Moores, CEO of Benchmark Minerals Intelligence shook the world in a now legendary testimony in front of the US Senate. Then, Simon predicted the exponential growth of batteries and the control that China was starting to exert of the supply chains. Fast forward today, we bring in, Caspar Rawles, Simon’s trusted lieutenant, and C…
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53. Decarbonizing the High Seas - IMO’s Billion-Dollar Bet (1/2)
45:03
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45:03In Episode 53 of Redefining Energy TECH, Host Michael Barnard speaks with Tristan Smith, a prominent expert in maritime decarbonization and professor at the University College London Energy Institute. Tristan shares his insights, beginning with an overview of maritime shipping, which accounts for approximately 1 gigaton of CO₂ equivalent annually, …
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183. Energy Security from the front line: Eastern Europe and Renewables - Jun25
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27:24Laurent remembers vividly his trip to Sofia Bulgaria in winter 2009 when the Russians had cut the gas for Bulgaria during a -15C winter. Russia was already playing hard ball because of (guess what) a financial disagreement with Ukraine. The blackmail lasted 3 weeks, and the poor Bulgarians were cutting the trees from their equivalent of Hyde Park o…
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182. Broken grids and Datacenters load growth - Jun25
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32:15We have recently witnessed spectacular black outs: South Australia 2016, Texas Uri 2021, California 2020-21-25 and Iberia 2025. We are not even mentioning fragile grids in the Global South. We will do an episode on those blackouts later this year. The U.S. electrical grid, now over a century old, struggles to meet modern demands. Utilities are slow…
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In this episode of Redefining Energy Tech, host Michael Barnard concludes his conversation (See Ep51 for part 1/2) with Dr. Joseph Romm about the uncomfortable truths behind hydrogen's persistent hype. Romm—physicist, climate policy expert, and author of The Hype About Hydrogen—lays out a detailed indictment of hydrogen’s role in the energy transit…
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The Tony Blair Institute for Global Change (TBI) recently released a widely publicized report titled “The Climate Paradox”, which has garnered significant positive attention from outlets such as the Guardian, the BBC, the Financial Times, Bloomberg, and much of the European press. Beginning with the statement, “Climate action has reached an impasse…
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KKR is a Private Equity giant whose involvement in the Energy/Infrastructure sector has grown bigger over the decades. Energy/Infrastructure investments now represents approx 10% of their global Asset under Management of c.700bnUSD. KKR’s approach combines several strategies which are developed in different vehicles from run of the mill yield funds…
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In this episode of Redefining Energy Tech, host Michael Barnard sat down with Dr. Joseph Romm—physicist, energy policy veteran, and author of The Hype About Hydrogen—to pull back the curtain on hydrogen’s persistent mystique. Romm isn’t new to the debate. Back in the early 2000s, he was among the first to publicly challenge the logic of hydrogen as…
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179. The future of the Auto Industry: Winners, challengers and zombies - May25
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31:15On one hand, tariffs are causing significant disruption in the global automotive industry. On the other, the electric vehicle (EV) market continues to surge, seemingly unaffected. According to the latest Q1 2025 data from Rho Motion, 4.1 million EVs were sold globally in Q1 2025—a 29% year-over-year increase compared to Q1 2024. Growth is particula…
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Laurent and Gerard sit down for an in-depth (and at times fiery) conversation with Ben Backwell, Chair of the Global Wind Energy Council (GWEC), to unpack the current state of the wind industry. Ben joins from Brazil, where preparations for COP30 are already underway. As GWEC has just released its flagship Global Wind Report 2025—a must-read for an…
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177. The Transatlantic Power Cable: from concept to reality - Apr25
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35:30There's been a great deal of excitement and curiosity surrounding the idea of a Transatlantic Interconnector. So, as co-founders, Laurent Segalen and Simon Ludlam, alongside their adviser Gerard Reid, have decided to release a special episode to bring our listeners up to speed on where things currently stand. While we can’t dive into our discussion…
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50. Geothermal: Drilling for Decarbonization (2/2)
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55:55Simon Todd is back with Michael Barnard for part 2/2, and this time he’s drilling deeper—both literally and figuratively. In this second round, the Managing Director of Causeway Energies walks us through the hard tech and hard truths of geothermal energy, especially as it applies to the UK and Ireland. What emerges is a grounded, brutally realistic…
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176. Renewables are dominating the Electrification of an Energy-hungry world (with Ember) - Apr 25
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31:19As we start receiving data for the year 2024 in terms of Energy Production and Consumption, it is time to have a forensic analysis of the global Energy Complex in 2024. Last month we had the always comprehensive IEA Global Energy Review, and now to go deep into Electrification, we just received the Ember's sixth Global Electricity Review. We brough…
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49. Geothermal: Drilling for Decarbonization (1/2)
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47:18In this eye-opening episode (part 1/2), Host Michael Barnard invites Simon Todd, Managing Director of Causeway Energies and a man whose geological expertise spans from the chalk beds of Northern Ireland to the drilling decks of BP. Simon joins the podcast to drag geothermal energy out of its misunderstood niche and into the spotlight it deserves. S…
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175. Capitalizing on the Infrastructure giants’ Blind Spots - Apr25
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29:39Capitalizing on the Infrastructure giants’ Blind Spots: How can a specialised PE fund thrive under the new US Administration? The Energy Transition encompasses more than just power and AI. We have chosen to explore the niche yet crucial areas of waste gas, biofuels, sustainable aviation fuel (SAF), and emissions capture. At the heart of this journe…
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174. Live from Cambridge – Laurent and Gerard with Pr. David Cebon on Electrifying trucks
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30:42Early March, Gerard and Laurent were invited by the Cambridge University Energy Technology Society (CUETS) for a live session of Redefining Energy. In front of hundreds of attentive students, they had a comprehensive debate with Pr. David Cebon about the Electrification of Trucks. What are the issues (technical, economic) and what are the proposed …
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48. Grid Reliability in a Renewable World (2/2)
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39:03In this second part of the conversation, Mark O'Malley returns to discuss with co-host Michael Barnard grid reliability and the evolving challenges of integrating renewable energy. The conversation examines successful examples from Germany, Denmark, and Ireland, highlighting Ireland's unique position as a synchronous island. Texas also emerges as a…
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173. The politization of Critical Materials - Mar25
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33:28The XXIst century economy will be powered by 'critical minerals' such as lithium, nickel, cobalt, and rare earths. China has spent the past 20 years building a dominant position across the supply chain for these metals. The rest of the world is finally waking up to the economic and geopolitical challenges that this presents and is actively trying t…
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172. The new age of Energy Security, Flexibility, and Resilience (with Eurelectric)
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24:37Laurent welcomes Kristian Ruby, Secretary General of Eurelectric, to discuss Energy Security, Resilience and Flexibility though the impact of E-Mobility. Energy Security has become a critical issue, especially with the recent sabotage of undersea cables in the Baltic Sea by Russian and Chinese vessels, extreme weather events knocking out a third of…
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47. Grid Reliability in a Renewable World (1/2)
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42:47The transformation of global power systems is accelerating as wind and solar become dominant energy sources. In the latest episode of Redefining Energy Tech, Mark O'Malley, Leverhulme Professor of Power Systems at Imperial College London, offers a deep dive into the challenges and opportunities of this transition in an in-depth conversation with ho…
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171. PPAs and Tolling: lessons for the future - Mar25
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26:12It has become a tradition to welcome Luca Pedretti, Co-Founder of Pexapark, to the show to discuss the evolving PPA market, especially now that Pexapark has released its annual State of the Market report. Laurent and Gerard are joined by Luca to highlight the key insights from this year’s findings: Corporate PPA demand remains stable, but with new …
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