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Redefining Energy

Laurent Segalen and Gerard Reid

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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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webSYNradio

Dominique Balaÿ and the artists - http://synradio.fr/ - contact@websynradio.fr

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websynradio : a radio program hosted by Dominique Balaÿ. WebSYNradio is an independent radio program whose broadcast is streamed 24/7. WebSYNradio brings together propositions from artists or intellectuals that are for the most part well-established on the international scene.http://synradio.fr/ Parmi les artistes participants : 0 (Joël Merah, Stéphane Garin, Sylvain Chauveau), Adam Nankervis, Alan Dunn, Alfredo Costa Monteiro, Amanda Belantara, Anna O et Alain Descarmes, Anna Raimondo, Anne ...
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Texas and California have witnessed a crazy growth in Solar and Batteries in recent years. In 2024 California has 24GW of Solar and 9GW of batteries on its grid; Texas has grown even faster with 31GW of Solar and 10GW of batteries. When it comes to the Energy Transition, you can make the following analogy: public policies are the land and financial…
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After a crazy Intersolar in Munich which welcomed more than 120,000 visitors, the pace of Solar deployment in Europe is going exponentially. Gerard and Laurent bring in Walburga Hemetsberger, CEO of Solar Power Europe, to discuss the development of Solar, and through the new report “Mission Solar 2040”, how we are on the cusp of a Flexibility Revol…
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Glencore’s CEO Gary Nagle has once described ESG as “some person in the basement in office number 27 engaged in a box-ticking exercise.” And a lot of fossil fuel companies – while being less explicit – share the same opinion on ESG… and have voiced their hostility indirectly through complicit media outlets. The ESG movement is facing a significant …
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We bring in Nick Wayth, CEO of Energy Institute (EI), for the release of the 73rd Edition of the Statistical Review of World Energy. The Energy Institute Statistical Review of World Energy™ analyses data on world energy markets from the prior year. Previously produced by bp, the Review has been providing timely, comprehensive and objective data to …
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UK is at the nexus of the subsea interconnector’s new economy. Great Britain is connected to Continental Europe by 8 interconnectors representing up to 15% of its power consumption. Subsea cables are now a growing industry because of the benefits they bring to the grids, such as resiliency, capacity, lower prices, and renewable energy balancing. Al…
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Laurent interviews Georgios Stassis, PPC’S CEO, during Eurelectric Power Summit 24. PPC, the Greek Utility, is a remarkable turnaround story: from a soviet-style dinosaur a few years ago, PPC has become a thriving forward-looking profitable modern Utility. With Georgios, we discuss the investment in renewables, the phase out of lignite, digitisatio…
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Programme de Anton Mobin pour webSYNradio : what remains on the tape ?. Invité par Dominique Balaÿ à concOcter une playlist pour WebSYNradio, je décide de revisiter mes expériences réalisées autour du support cassette depuis 2013. En reprenant les modèles, contraintes et concepts de ces expérimentations basiques, voici une heure trente de compositi…
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In April, we did Ep129 Minutes about China and announced the interview with a real expert. Here it is. With David Fishman, an American based in Shanghai, we dig deep into China’s Energy Transition. We try to reconcile the rise of renewables and the rise of coal use. We try to decipher what is decided locally and nationally. We investigate what is t…
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Last week, Laurent was in Athens for the spectacular Eurelectric Summit (we will talk more about it in 2 weeks’ time, with a special Episode) meanwhile, we bring in our friend Jan-Michael Hess, organiser of the Berlin EcoSummit 4-5 June to discuss Clean Tech and his annual gathering of more than 100 Start-Ups and hundreds of investors. If you don’t…
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"McKinsey, BCG and S&P Global Commodity Insights project electricity demand tied to data centers to increase at a CAGR of 15% through 2030." “Booming AI demand threatens global electricity supply (FT)”. Media and consultants have recently raised the alarm about the unquenchable energy thirst of AI and datacentres. Can we believe those predictions o…
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We bring in the star of the week, Ember’s Dave Jones, to discuss the Global Electricity Review 2024, published last week. Main take aways (thank you Nat Bullard): Renewable sources (hydro, wind, solar, geothermal, biomass) are now 30% of global electricity supply. Solar generation increased 23% yoy; wind 10%. Fossil fuel generation increased 0.8%. …
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Distribution grids are facing new challenges. On the one hand, they experience a growth of local demand, with EV charging, heat pumps and datacenters. On the other, they must accommodate with the fast deployment of decentralised energy such as rooftop solar and batteries. How to reconcile those challenges while maintaining grid stability? And how c…
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We hear conflicting messages regarding the status of the EV market. On the bright side, IEA predicts 17mEV to be sold this year, EV and Hybrids reach 50% market share in China for Q1, more than 500 EV models are currently on the market. On the dark side, Tesla and BYD deliveries were down in Q1_24, Tesla revenues were down 9% compared to Q1_23 and …
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Laurent and Gerard have a rapid overview of what’s going on regarding the Energy Transition in China and its political implication in the West. Record production of this, record production of that, overcapacity everywhere… We babble a lot, rant a bit, and conclude that we need to invite a real expert on the show.…
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Podcast de Carl Stone pour websynradio : Aux alentours du Kamya bar, Carl Stone convoque pour ce programme original webSYNradio tout un ensemble d'oeuvres (Ros Bobos, Annie Gosflield, David Toop, Tanner Menard, Joseph Hammer, Ben Neill, Roger Kleier, Saunter Chihei Hatakeyama, Yann Novak, Robert Crouch, Chas Smith, Sawako, Richard Lainhart, et des …
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What is the value of green electrons? Hard to say. Depends where, depends when. What is sure is that, in view of recent regulations and corporate commitments, they must be tracked. From an annual basis, we are now moving to an hourly basis, under the thrust of corporate initiatives like the GhGProtocol, RE-100 and EnergyTag. Behind this movement, B…
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This week, Gerard and Laurent have been invited to a private event organized by Aquila Capital in March 2024, during the Global Infrastructure Conference, where they debate with Markus Wandt, CIO Aquila if “Renewables are still an Infrastructure play?”By Laurent Segalen and Gerard Reid
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The main hindrance to the development of renewables is the connection queue. Basically, grid operators tell developers “Sorry guys, we’re full”. A recent study by RMI has proven that this is simply not true. Grid operators are either too conservative or not incentivized to take more load. Old solutions. Old thinking. Grid Enhancing Technologies (GE…
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Podcast de DAVID FENECH pour webSYNradio. Avec des morceaux de The Monks, Andew Liles + Jean Hervé Péron, Glaxo Babies, Renaldo and the Loaf, Felix Kubin, Fritz Muller, Iggy + The Stooges, H.N.A.S, Volcano the Bear, Nervous Norvus, Jac Berrocal + David Fenech + Ghédalia Tazartès, Connan Mockasin, Brigitte Fontaine, Colin Stetson, Jr + His Soulettes…
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This week, Gerard and Laurent talk about the 3 big energy gatherings that happened this week. Houston (CERAweek), Bilbao (WindEurope) and Berlin (Global Infrastructure Summit). Laurent and Gerard were in Berlin and report what they saw and heard. In a simple sentence à la John Wick “Yes, I think I’m back”…
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“It’s hard to play a good game when you have been served weak cards”. This is the perennial challenge of Japan when it comes to the Energy Transition. And the game is getting harder when your two main choices, nuclear and hydrogen, are proving extremely costly in a world of cheap renewables. How robust is a business model based on a protected inter…
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This week, Gerard and Laurent talk about Conferences / Exhibition that they recently attended and what they have learned there. Gerard was in Germany’s E-World while Laurent was in London’s Energy Storage Summit. And they act as mirror opposites: "back in business" in Germany while the storage in London realises that the Champagne year of 2022 cann…
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The two limiting factors for a faster deployment of EVs are the price of vehicles and “range anxiety”. While the former is being addressed by an ever-growing number of cheaper models available on the market, the latter is also experiencing a revolution. You would believe that such an opportunity would be grasped by Utilities. Surprise! They didn’t …
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This week, Gerard and Laurent talk about three great reports that have recently been published and deliver some world-class data about past achievements, current status and the direction of travel. As a sign of things to come, European Carbon has lost 36% since the beginning of the year. We are here saluting Ember and their power/emission statistic…
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To discuss everything that’s going on in the PPA market (and a lot of things are happening), Gerard and Laurent bring back the excellent Luca Pedretti, CEO and co-founder Pexapark. Pexapark is the leading swiss-based intelligence platform on PPA in Europe. With Luca, we have an extensive conversation about the recent evolutions in the PPA market. T…
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This week, Gerard is out, so Laurent does the Minutes with Michael Barnard, host of our sister show Redefining Energy – Tech. On the menu this week, an overview of the decarbonisation of shipping. What will be electrified? What role for Hydrogen, Green Ammonia, Methanol and Biodiesel? And the answers are hybrid and multi-fuels. Links to Michael’s a…
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At COP28 was endorsed the concept of “tripling renewables” – all good, but a lot of people forgot to mention the rest of the sentence which is “and doubling of Energy Efficiency”. In the latest IEA report, there is a 400bnUSD Energy Efficiency pie, almost at the level of Oil Upstream, and more than into Grids. Nobody talks about it. Buildings, Indu…
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Podcast du label Crónica. Pour le vingtième anniversaire du label portugais Crónica, qui s’est imposé comme une "plateforme majeure pour tout ce qui concerne les productions à la limite du conceptuel" (Coda), ses deux initiateurs Miguel Carvalhais et Pedro Tudela ont produit un programme de 3 heures, revisitant chacun des 200 titres du catalogue. h…
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Why has the fund raised by infrastructure fund drastically collapsed in 2023. Is it linked to lackluster returns in a high interest rate environment? At the same time, we have seen numerous acquisitions of mid size infrastructure specialists by larger global asset managers, case in point the very spectacular purchase of Global Infrastructure Partne…
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After two years of irrational exuberance, we are back to earth when it comes to Cleantech investment. On the menu this week, Gerard and Laurent are reviewing the Cleantech 100 report (15th edition). The overall ecosystem is down 40% yoy, but it has also cleaned the foam and is now revealing the future. We discuss the 5 sub-sectors (agriculture, tra…
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Podcast de Cristian Vogel pour websynradio : Third Space Requiems (inédit).“Third Space Requiems” est une trilogie électroacoustique de Cristián Vogel, composée dans les dernières heures de 2023 à la lumière d’événements qui ont profondément marqué son histoire sur un plan intime ou plus universel : Levitationism (0->6'30). Story In Blood (6'30->14…
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Long term renewables assets portfolios provide stable returns. In most of the world, they are held by pension funds, insurance companies or big infrastructure funds. We have the exception of the UK with listed Infrastructure funds, also known as Yieldcos. For more than a decade, Yieldcos have been the backbone of the Energy Transition investing. To…
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First Episode on the Redefining Energy MINUTES on the main channel. On the menu this week, an update of nuclear and offshore wind, two important (but minor) sources of carbon-free energy. And some news on the scandal at Cummins, and their pollution cheating device, costing them 1.6bnUSD. https://www.reuters.com/business/autos-transportation/cummins…
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Happy new year to all our listeners. It has become a tradition for the first episode of the year: Gerard and Laurent present their 2024 Predictions in the Energy Transition. And we brought in our friend (and co-host of our sister show RE TECH) to spice up the conversation: Michael Barnard. Michael also acts as referee to score the predictions that …
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Podcast de Caroline Bergvall pour websynradio : VOICES WITH TEXTS... Morceaux et textes par des poètes et musiciens, solo ou en collaboration. Avec les voix et les sons de Lee Ann Brown, Tom Phillips & Gavin Bryars, Sawako Nakayasu, Ida Börjel & Mathias Kristerson, Caroline Bergvall & Adam Parkinson, Fred Frith, Pauline Oliveros & John Giorno, Char…
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Final Episode of 2023 (and last one for the MINUTES on their own channel). All episodes will be on this channel going forward. Here are the Redefining Energy Awards for 2023: Company of the Year - BYD Start Up of the Year - PV Case Deal of the Year – Tesla and NACS Trade of the Year – Short Gas TTF Scandal of the Year – Venture Global and the 200 L…
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Last episode of the Year. And what a year. We passed 1m downloads since inception. In 2023, we will have 470k downloads up 34% compared to 2022. Gerard and Laurent saw the Weaponisation of Energy coming: two years ago in Oct 2021, we did Episode 60 called “the Natgaspocalypse”. That was 5 months before the invasion of Ukraine. Two years into weapon…
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This Sunday, a Special Episode. We are going live to COP28 in Dubai. Our special guest is Bruce Douglas, CEO Global Renewable Alliance, who is spearheading the effort around the key message “Double down, Triple Up” or how we will decarbonise by tripling renewables by the end of the decade. Bruce tells us how it is on the ground, how he is having th…
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In the past 5 years, we have seen an incredible rise of Energy Storage (ESS) on numerous Grids. Those markets, whether in Europe (10GW) or in the USA (16GW), have been created by the magic formula where entrepreneurship blended with new technology. For Laurent and Gerard, there is not better guest to discuss the phenomenal growth of the ESS than Dr…
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Why should the 97% of non-French listeners of the podcast be interested in the fate of the French nuclear fleet? With 60GW and 56 reactors, the French nuclear fleet is critical to the very existence of a European Power market as it represents 10%-15% of the electricity consumed on the continent and much larger share if you only account for zero car…
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Programme de Gaël Segalen pour webSYNradio : Original Voices in Rhythms. Des pièces mémorables et uniques dialoguent ici les unes avec les autres comme j'aime dans ma pratique inviter les gens à se réunir pour le moment unique d'une rencontre enregistrée, former un duo et inventer de nouvelles formes de langage.Ce mix va d'une mélodie grande ouvert…
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We hear a lot about Climate Tech, and the VC investments about to revolutionize and accelerate the Energy Transition. Gerard and Laurent wanted to know more. And there is no better place than Silicon Valley to hear it directly from the source. What are the trends? Where to invest? What strategy? There is no better guest than Dr. Carolin Funk, Partn…
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Honestly, we have struggled to find a suitable title for this Episode. We thought of and then abandoned catchier titles such as “Withering Wind”, “Have we reached peak wind?” and even “Wind – WTF”. Finally, we settled for a more optimistic headline. Still, after a great decade, the Wind industry is facing serious head winds. After 2020 and 2021: re…
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Podcast de PHILIPPE PETIT pour webSYNradio : 40 ans d’activisme musical ! Bienvenue sur webSYNradio dans notre émission spéciale évoquant la musique de Philippe Petit à l’occasion de ses 40 ans comme musical travel-agent comme il aime lui même se définir.http://synradio.fr/philippe-petit-40-ans-dactivisme-musical/…
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The smaller the grid, the higher the price. Islands have been plagued forever by a higher price of power. This is an inherent consequence of their small scale. Add on the top some natural catastrophes, and you end up with a poor and costly service for consumers. The good news is that there is a new generation of Utility managers which has started t…
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Podcast de LILIANE GIRAUDON pour webSYNradio : POSTCARDS POUR ANTONIO GRAMSCI. Ce qui manque, ce sont les voix. D’autres voix. Habitant autrement la bouche, les poumons, le foie et jusqu’aux os. Ces petites pièces sonores sélectionnées, je les ai imaginées comme de simples cartes postales adressées à Gramsci dont j’ai relu cet été les lettres de pr…
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At Cop26 was launched the Global Methane Pledge to catalyse action to reduce methane. The problem is that no one really knew how much methane leaked nor who emitted what. Even the emitters didn’t have a clear view of the problem. First came satellites, that provided a regional assessment of the problem. But they only solved a fraction of the equati…
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Geothermal has been around for decades and always considered part of the Energy Transition. Unfortunately, its development has been limited to very specific geographical location (US West Coast, Iceland, Japan, Philippines, Indonesia), basically the Ring of Fire. Those historical techniques, called “hydrothermal” have proven quite niche and, in the…
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