Cleaning Up: Leadership in an Age of Climate Change

Seb Kennedy, an energy journalist and founder of Energy Flux, joins Baroness Bryony Worthington to dissect the complexities of today’s gas markets. They explore the UK’s heavy reliance on Norwegian gas and the impacts of volatile prices amid global tensions. Seb outlines a potential LNG supply wave, the risks of demand destruction, and the challenges of electrification. They debate whether governments should intervene in gas deals and examine Norway's role in stabilizing energy for the UK while considering the implications of market speculation on consumers.

Robert Dunn, CEO of Start Campus, is pioneering Europe's largest sustainable data centre in Sines, Portugal, transforming a former coal plant site. He shares insights on the engineering innovations like seawater cooling and earthquake-resilient structures. The conversation dives into balancing speed, cost, and sustainability for mega-projects, exploring how to future-proof facilities against rapid tech changes. Dunn also discusses the impact on local communities and the competitive advantage of using renewable resources.

Liane Randolph, an experienced California public servant and former chair of the Air Resources Board, discusses the clash between ambitious state climate policies and federal pushback. They delve into California's journey to establish a thriving electric vehicle market and tackle issues like tariffs that threaten progress. Randolph explains the innovative cap-and-invest system and the importance of grid planning, while addressing challenges like rising electricity costs and the need for affordable EV options. With the stakes high, they explore pathways to a cleaner future.

Tim Meyerjürgens, CEO of TenneT Germany, leads one of Europe's key transmission operators steering the continent's energy transition. He discusses the ambitious €65 billion plan to modernize Germany’s electricity grid, balancing investor interest with public acceptance. Meyerjürgens highlights the challenge of cutting construction timelines from 20 to 5 years and the strategic role of offshore wind in linking energy production to industry. He also delves into financing strategies, regulatory reforms, and the importance of anticipatory planning for achieving net-zero goals by 2045.

In this engaging discussion, hydrogen advocate Erik Rakhou, author of Touching Hydrogen's Future, faces off against S&P Global's Andrew Critchlow. They dive into whether hydrogen is a miracle fuel or an expensive illusion, exploring its potential for industrial decarbonization. Topics range from the challenges of hydrogen economics and its practical applications to the intricacies of the global ammonia trade and regional competitiveness. The debate also touches on the role of electrification versus hydrogen for a sustainable future.

Kingsmill Bond, a strategist at Ember and co-author of the Electrotech Revolution report, discusses a radical shift from fossil fuels to electrified technologies. He argues that this transition represents abundance, not sacrifice. The conversation covers how solar and wind are outpacing fossil fuels globally and the implications of China's leadership in the energy sector. Bond emphasizes the need for Western nations to adapt and compete. They also touch on how sectors like transport are nearing fossil peaks and the significant role of heat pumps in decarbonization.

Rachel Kyte, a seasoned climate diplomat with roles at the World Bank and UN, discusses the evolving landscape of climate diplomacy ahead of COP30. She highlights the UK's renewed global engagement in climate policy and the challenges of climate finance in emerging markets. The conversation delves into the choice between the US petrostate and China's electrostate models and the critical need for investment in infrastructure. Kyte also emphasizes the significance of moving towards renewable technologies and actionable strategies for clean growth in various countries.

In this insightful discussion, Professor Tristan Smith from UCL Energy Institute, an expert in shipping decarbonisation, dives into the recent turmoil at the International Maritime Organisation. Shipping, which accounts for around 3% of global emissions, faced a significant setback as the US delayed a crucial vote on carbon intensity regulations. Tristan explains the implications of this intervention, the complexities of maritime policy, and the risks of relying on fossil fuels. He also evaluates emerging alternatives like nuclear and e-fuels amidst the challenges they present for the industry.

Michael Liebreich, energy analyst and founder of clean energy commentary, shares his insights on pragmatic strategies for transitioning away from fossil fuels. He challenges the perception that clean energy efforts have failed, advocating for a realistic and gradual approach. Liebreich emphasizes the importance of electrification and affordable energy, critiques climate activists for focusing on ideology over practical concerns, and discusses the need for reform in international climate diplomacy. His comprehensive vision blends economic realities with climate action.

John Pettigrew, the outgoing CEO of National Grid, reflects on his 35-year career, discussing the ambitious £60 billion investment plan aimed at rewiring Britain's energy system. He delves into the challenges posed by the surge in demand from AI data centres and the balance of decarbonisation, reliability, and affordability. Pettigrew shares insights on the race to build offshore wind transmission and lessons learned from significant outages in Spain and at Heathrow. He emphasizes the exciting transformation within the energy sector for new graduates.