DNV Talks Energy

Latest Episodes:

The energy transition: Fast, but not fast enough? Feb 19, 2020

Show notes

According to DNV GL’s recent Energy Transition Outlook 2019 report, the world needs five times more wind power, ten times more solar power and fifty times more battery storage if we are going to limit global warming by 2030. In this last episode of the current series, Lucy Craig, Vice President of Technology & Innovation at DNV Energy Systems looks back at some of the topics discussed during series 8 to determine what the future really holds for the renewable energy sector.
Concluding that we already have the technologies required for change, Lucy explains that the focus should now be on scaling-up existing technologies, as well as introducing the extraordinary policy action needed to support their uptake. With ten years left to prevent the catastrophic impact of climate change, now is the time to act by ensuring that we accelerate the changes that we are already seeing today. To find out more or read the transcription, please visit www.dnvgl.com/talksenergy

Blockchain: revolutionizing the energy mix Feb 12, 2020

Show notes

According to the Intergovernmental Panel on Climate Change (IPCC), we have just a decade left to get climate change under control, with technology innovation expected to play a major role in the efforts to keep temperatures at 1.5C.
Brianna Welsh, Vice President and Head of Asia at Sindicatum Blockchain Technologies, discusses the impact of new technologies on the energy sector, specifically how blockchain is being used to encourage more sustainable consumption practices around the world. While consumers have traditionally had little influence over how they use energy, Brianna explains that blockchain and other digital technologies are helping to pave the way for a decentralized energy system and new business models within the renewables space. This includes the rise of peer-to-peer microgrids and the concept of ‘prosumers’, where individuals can power their own consumption and sell energy back to the grid. To find out more or read the transcription, please visit www.dnvgl.com/talksenergy

Legislating for the age of renewables Feb 05, 2020

Show notes

With climate change now a global issue, legislation is increasingly being introduced to ensure countries remain committed to lowering their carbon footprint. In this episode, Dr Matthias Lang, Partner at Bird & Bird LLP, explores the role the legal sector is playing in the global energy transition, including how regulation can act as a technology innovation enabler. As outlined in DNV's Energy Transition Outlook 2019 report, the world needs to see “extraordinary policy action” if we are going to meet The Paris Agreement goals by 2030. Matthias explores why lawyers and policymakers should be supporting public and private sector businesses in understanding that change can be introduced efficiently at the same time as delivering positive results. To find out more or read the transcription, please visit www.dnvgl.com/talksenergy

The energy efficiency conversation Jan 29, 2020

Show notes

Today’s consumers are increasingly aware of the issues around energy efficiency, as well as the impact of their footprint on the planet. Dr Phyllis Yoshida, Senior Fellow for Energy and Technology at the Sasakawa Peace Foundation USA, looks at how the energy efficiency conversation is moving on and what is needed to help the world commit to making sustainable choices in the long-term. While prices are coming down for renewable energies, Phyllis argues that incentives from governments, regulators and consumers will still be required in developing markets if utility companies are going to make the cultural shift towards clean energy, at the same time as remaining profitable. To find out more or read the transcription, please visit www.dnvgl.com/talksenergy

Securing our renewable energy future Jan 22, 2020

Show notes

In 2019, the Saudi Arabia oil facility attacks raised huge questions about energy security - with the incident wiping out nearly half of the country’s estimated output and 5% of global production. Keisuke Sadamori, Director of Energy and Security Markets at the International Energy Agency (IEA), explores energy security in the age of renewables. He explains that incidents of extreme weather are destabilizing renewable energy systems and infrastructures around the world, and this will likely become a major energy security concern in future. In addition, Keisuke also examines how digital technologies may be opening the door to a new mix of cyber threats, which could impact on the renewable energy industry and the rate of its adoption. To find out more or read the transcription, please visit www.dnvgl.com/talksenergy

Traditional to Alternative: the evolving business model Jan 15, 2020

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According to DNV’s Energy Transition Outlook 2019 report, the world needs ten times more solar power to limit global warming by 2030. In this episode, Gavin Adda, CEO of Distributed Generation at Total, explores the changing role of traditional energy companies, with many now diversifying and looking at renewables to help them reduce their carbon emissions, meet changing consumer demands and address new government policies on climate change. With solar power playing a major role in this transition, Gavin explains that global corporates such as Google and Apple are recognizing the benefits to clean energy and starting to put pressure on their wider supply chain. This, alongside cheaper prices for energy such as solar, is helping developing markets to transition more quickly than ever before. To find out more or read the transcription, please visit www.dnvgl.com/talksenergy

Transitioning to a wind-powered world Jan 08, 2020

Show notes

Global wind power capacity is estimated to grow by 60% in the next five years, with emerging markets such as Asia expected to play a major role in this transition. Clive Turton, President and Chief Executive Officer, Asia Pacific, at Vestas, discusses the rise in wind power and what more needs to be done to ensure a faster decarbonization of the global energy market. With DNV’s Energy Transition Outlook 2019 finding that five times more wind power is needed to close the emissions gap by 2030, Clive explains why education on clean energy is still needed to ensure that policymakers around the world are making the required investment to help slow climate change. To find out more or read the transcription, please visit www.dnvgl.com/talksenergy

The future of green investment Dec 18, 2019

Show notes

Technological innovation has resulted in the cost of renewable energies such as wind and solar continuing to fall, with wide-scale deployment seen over the last two decades. Jon Moore, CEO of BloombergNEF, explores the future of investment behaviour, including the impact of consumer uptake rates, and why transparency is critical to moving the industry forward. With DNV’s Energy Transition Outlook 2019 report calling for $1.5 trillion in annual investment by 2030, Jon explains how initiatives such as the Taskforce for Climate-Related Financial Disclosures (TCFD) are helping businesses and investors to better understand their exposure to climate risk, opening the door to significant levels of investment in future. To find out more or read the transcription, please visit www.dnvgl.com/talksenergy

Rethinking climate policy: a holistic approach Dec 11, 2019

Show notes

The energy industry is widely recognised for its role in addressing climate change. However, it’s important to remember that other sectors – from agriculture and transportation to manufacturing – must equally evolve to ensure a faster transition towards renewables. Dr Lawrence Jones, Vice President, International Programs, at the Edison Electric Institute (EEI), discusses the importance of taking a holistic approach to this global issue, including the need for more inclusive policy change. With billions of people in the world still lacking basic access to electricity, Lawrence explores the complexities around the idea of “inclusive transition” and how developing economies will require ongoing support and empathy from the rest of the world if they are to access cheaper renewable energy systems in future. To find out more or read the transcription, please visit www.dnvgl.com/talksenergy

Accelerating the energy transition Dec 04, 2019

Show notes

What role is technology playing when it comes to closing the global emissions gap? Remi Eriksen, Group President and CEO of DNV Energy Systems, explores the key findings from the 2019 Energy Transition Outlook (ETO) report and discusses what more can be done globally to accelerate the energy transition. In this first episode of our new series, Remi explores why “extraordinary policy action” is needed to meet the Paris Agreement climate goals. Finding that $1.5 trillion of annual investment is required by 2030, governments must act now to benefit from the continued innovation in renewables, including wind, solar PV and energy storage. While the focus should be on the scaling-up of existing technologies, Remi explains what DNV is doing to harness the new, collective focus on climate emergency in order to progress the energy transition. To find out more or read the transcription, please visit www.dnvgl.com/talksenergy

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