Consolidation in the Automotive Industry and Volatility in the Energy Market

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 were made a year ago.

1. Record installation of everything Energy Transition: Solar, Batteries, Heat Pumps, EV (Gerard)
2. Massive consolidation in the EV sector – Toyota will buy Panasonic (Laurent)
3. Volatility in the Energy market is here to stay (Gerard)
4. New alternatives to Li-Ion in Stationary Storage (Laurent)
5. The Energy Transition has no plan, it just goes (Gerard)
6. Nuclear: Westinghouse takes over Europe (Laurent)

Well, the result was that Gerard won (but Laurent is considering filing a reclamation)

Now, to 2024. Our 6 predictions are:

1. Stellantis will outsource its EV production in China
2. Politics: Elections in 2024 could derail the Energy Transition
3. Oversupply of everything energy related – Prices are going down
4. Stronger top-down governance of Transmission and Interconnection
5. The return of Clean Energy shares
6. China will gain massive international market in Wind and EVs

We thank our partner AXPO for supporting the show.