DNV Talks Energy

Latest Episodes:

New technologies and the Internet of Things Feb 27, 2019

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Is the Internet of Things (IoT) the key to the energy transition? Colin Yu, VP of Envision Digital, discusses how IoT can enable our sustainable future. He sees synergy replacing cost as the main priority of energy providers and considers how IoT is evolving. In the final episode of this series, Colin shares his experience of connected renewable energy sources and systems, drawing on Envision’s expertise in China to explain how deep knowledge of both the technology and local policy are crucial to the successful implementation of data driven – smart energy grids. He looks at how data sharing must become more widespread to unlock the value of digitalization on a global scale and considers how learnings can be transferable across international borders without running into regulatory issues. Finally, Colin explains why, like DNV, Envision has chosen Singapore as its digital hub, discussing the characteristics of the local economy and the government’s support for new technology in its quest to make the island state the world’s most livable city. *This episode was recorded live at the Singapore International Energy Week 2018.

Disruptive innovation & the traditional energy company Feb 20, 2019

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In a landscape defined by disruptors, what is the role of an energy company with a heritage in traditional energies? Wouter van Wersch, Vice President of General Electric (GE), looks at how they fit into the changing energy world, and considers the specific needs of Southeast Asia. In this insightful episode, we discuss the progress of the energy transition in the ASEAN region and GE’s role in developing the infrastructure needed to meet the region’s huge demand for electricity. With its mix of markets from the mature to those where millions have no electricity, Wouter outlines the pressing need for improved infrastructure in Asia, where investment is needed not only in generation but also transmission and new technology. He describes how smart data can reduce the environmental impact of traditional energy sources deployed alongside renewables. Finally, he highlights how governments in the region can support variable grids and other elements of the energy transition through the introduction of incentives and new regulatory frameworks. *This episode was recorded live at the Singapore International Energy Week 2018.

From niche to mainstream: how wind is winning Feb 13, 2019

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Ben Backwell, CEO of the Global Wind Energy Council, highlights the extraordinary growth in the wind industry globally, and how an industry that was once seen as niche and expensive has been transformed into one that is both mainstream and cost-effective. In this enlightening episode, Ben reveals the advances in technology that have helped to establish wind as a credible alternative to fossil fuels. He also describes how those same technologies have enabled a ‘full system approach’ where wind, solar and hydro complement each other to counteract the challenges traditionally associated with variable energy sources. He outlines why, how and where other renewable sources can work best alongside wind in this way, reducing the need for storage and the reliance on fossil fuel baselines in energy grids. However, he cautions that much of the world, including the Asia Pacific region, has a great deal to do before the infrastructure and regulations needed to support this ‘complementarity’ are in place. *This episode was recorded live at the Singapore International Energy Week 2018.

New energies and unparalleled transformation Feb 06, 2019

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What is the role of the energy sector in the energy transition? DNV GL hears from Duncan van Bergen, Vice President of Shell New Energies, about Shell’s vision for the future and the scale of transformation required. In this engaging episode, Duncan discusses the dual challenges of growing energy demand and a lower carbon future, with the population heading for 10 billion by 2070. Duncan tells us how Shell is investing in electricity retail, decentralized power, new fuels and electric mobility. He addresses the urgency issue raised by the IPCC report and highlights the unparalleled transformation needed to meet it. Duncan shares Shell’s ‘Sky’ scenario work, showing that a target of well below 2°C is possible and is therefore imperative that we try to achieve it. He shares examples of the scale of the challenge ahead and points to how Shell will manage the transformation with industry partnerships. Finally, Duncan tells us how he sees for the sector, both a mixture of daunting responsibility and business opportunities in the future. *This episode was recorded live at the Singapore International Energy Week 2018.

Investing in the energy transition Jan 30, 2019

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Why should investors be interested in the energy industry? Carlos Albero, Global Finance Segment Leader for DNV Energy Systems, looks at new markets created by the energy transition. In this insightful episode, Carlos explains why the energy sector, with its forecasted exponential growth in electrification, is growing increasingly attractive to investors. He describes the unique nature of the market and the critical importance of regulatory frameworks, technological maturity and market revenue projections when making investment decisions, before giving us some investment advice of his own. He also talks about the positive role competitive energy markets can play in the energy transition but highlights the work still to be done, particularly in emerging economies, before national grids can support the energy market of the future. *This episode was recorded live at the Singapore International Energy Week 2018.

Adapting to the modern energy consumer Jan 23, 2019

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How must energy companies adapt to serve their consumers? Philippe Monloubou CEO of Enedis, the electricity distribution system operator that delivers energy to 95% in France, looks at how the modern consumer is driving the energy transition. In this intriguing episode, Philippe tells us how changing consumer behaviours are leading to the development of local energy communities. As Enedis undertakes a major roll-out of smart meters, Philippe looks at how this huge volume of new data can be used to create a smarter network. He acknowledges the need for the industry to be brave about digitalization, believing ‘the bigger risk is not to adapt’ to the new landscape. Philippe explores the potential of microgrids, with the promise of access to electricity for all. He then talks about how people’s perceptions & behaviors towards electric vehicles are changing, and with increased demand & new technologies how companies like Enedis need to take quick steps to adapt to the change. Finally, Phillippe shares his takeaways from the Singapore International Energy Week: the emergence of both a sense of a shared challenge and the development of corresponding solutions. *This episode was recorded live at the Singapore International Energy Week 2018.

Driving the growth of renewables Jan 16, 2019

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Growth of the renewable energy sector is essential to the Energy Transition but what challenges must the industry overcome in order to unlock that growth? Girish Tanti, co-founder and board member of Suzlon Energy, talks to us about the remarkable rise of his business in India and his unique perspective on the role wind plays in driving this rise in renewables. In this inspiring episode, Girish shares his first-hand experience of scaling a renewables business and the challenges he faced and overcame on his journey from an industrial energy customer to energy provider. He tells us that those challenges vary widely by region and even by country in terms of renewable types, existing infrastructure and regulatory frameworks. Finally, we discuss the important roles of digitalization, customer demand, pricing and finance in the successful growth of the renewable energy sector. *This episode was recorded live at the Singapore International Energy Week 2018.

New technologies, security and the grid Jan 09, 2019

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In a world where information is having an ever-increasing impact on the nature of the grid, what are the implications of new technologies for data security and utilities’ business models? Drawing on his 20 years’ of experience, Martin Hauske, Asia Pacific Energy Segment Sales Leader at Nokia Networks, considers whether utilities, distribution grid operators and technology providers are working in isolation, and how they can come together. Martin discusses how a standardization of communication protocols could help companies move forward. While 5G and fast communication present questions of security, Martin describes the security solutions that can be applied to utilities. He looks at how technology and regulation can play together and believes utility companies must evolve in their role. Finally, Martin tells us how he is inspired by the ‘aggressive visions’ he has seen at the Singapore International Energy Week. *This episode was recorded live at the Singapore International Energy Week 2018.

Financing the energy transition Dec 19, 2018

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How must banks and governments adapt their understanding of renewables and related technologies to better support the energy transition? Xiaodong Wang, Senior Energy Specialist at The World Bank, considers the many roles they play, not just as a lender, but also as a source of knowledge and a policy adviser. In this insightful episode, Xiaodong highlights policy-making as the main driver in creating market demand to bring in investment. Focusing on Southeast Asia, she tells us that she believes we must overcome the myth that renewables are more expensive and acknowledges that investors struggle to find bankable projects in the region. Banks, she says, will come to understand that clean energy is good for their bottom line, and that after initial resistance, utilities too will get on board. Finally, Xiaodong addresses the urgency issue highlighted in DNV’s 2018 Energy Transition Outlook and The World Bank’s Climate Change Strategy. *This episode was recorded live at the Singapore International Energy Week 2018.

Megatrends: The Energy Transition Outlook 2018 Dec 12, 2018

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How have the energy megatrends changed? Ditlev Engel, CEO of DNV’s Energy business, tells us about the 2018 Energy Transition Outlook (ETO) and contrasts its vision with the findings of the first ETO report, published in 2017. In this first episode in our latest series, Ditlev reveals how rapid electrification and the rise of renewables are driving the energy transition. Despite this, our latest Outlook predicts that the world is not on track to meet the Paris Agreement climate goals. With this in mind, Ditlev stresses the need for action. His advice that: ‘Whatever we can do, we must’, is a timely reminder to governments and the industry not to play a waiting game. With the ever-improving efficiency of energy technologies, he sees the global energy transition as both achievable and affordable. Finally, Ditlev reveals how businesses can lead the way, advocating the power of engagement to accelerate change. *This episode was recorded live at the Singapore International Energy Week 2018.

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