Switched On

Prolonged frigid temperatures last weekend caused electricity demand in the Texas power grid, or ERCOT, to explode. The extreme cold resulted in more than 30GW of power plant outages, and a situation where demand outstripped supply by 30%. This resulted in millions of Texans being without power, heat, and clean water. This week, Switched On speaks with Anastacia Dialynas, head of US oil research, and Nick Steckler, head of North America power analysis for BNEF. They're going to tell us about how the state’s power, oil and gas sectors went down at once, and what Texas might consider to 'build back better'.BNEF users can find ongoing coverage of U.S. power, oil and gas markets on bnef.com, the bnef mobile app, and the Bloomberg terminal.Switched On is hosted this week by Mark Taylor.See omnystudio.com/listener for privacy information.

The EU Taxonomy regulation, which defines what the European Union considers an environmentally sustainable economic activity, will require additional disclosures from large listed companies in Europe starting in January 2022. This week, Switched On speaks with Maia Godemer, sustainable finance analyst for BNEF, about what the new rules mean for large European companies and asset managers.This episode is based on a report titled EU Taxonomy: How to Prepare Your Reporting for 2022, BNEF clients can access this report on bnef.com or BNEF Mobile, or at BNEF<GO> on the Bloomberg Terminal.Switched On is hosted this week by Dana Perkins and Mark Taylor.See omnystudio.com/listener for privacy information.

The engine behind the analysis in BloombergNEF's New Energy Outlook (NEO) is the New Energy Forecast Model, or NEFM. This week, Switched On speaks with Ian Berryman, modeling analyst for BNEF. He'll tell us how the model works, the process he and team went through in building it, and how he took cues from ants and birds in building a lot of the software that powers it.This episode is based on the model powering the New Energy Outlook 2020, BNEF's flagship report. BNEF clients can access this report on bnef.com or BNEF Mobile, or at BNEF<GO> on the Bloomberg Terminal.Switched On is hosted this week by Mark Taylor.See omnystudio.com/listener for privacy information.

Vietnam had a boom in rooftop solar installations in December 2020 as installers raced to capture a generous feed-in tariff that expired at the end of the year. This week, Switched On speaks with Caroline Chua, BloombergNEF analyst focused on Southeast Asia, and Jenny Chase, head of solar for BloombergNEF. They talk about how this massive buildout occurred, how it beat BNEF forecasts, and what other market players and policy makers can learn from Vietnam's big year in solar.This episode is based on a report titled Vietnam Was Likely the Third-Largest Solar Market in 2020. BNEF clients can access this report on bnef.com or BNEF Mobile, or at BNEF<GO> on the Bloomberg Terminal.Switched On is hosted this week by Dana Perkins.See omnystudio.com/listener for privacy information.

This week, Switched On speaks with Dr. John Murton, COP26 envoy for the U.K. government. During a conversation which was part of the BNEF Shanghai Summit on December 2, he and Veronika Henze, head of communications for BloombergNEF look at the upcoming global climate conference in November 2021, carbon neutrality, and the race to net zero emissions.BNEF users can see this interview and more, including all the BNEF Analyst Talks on bnef.com or BNEF Mobile, or at BNEF<GO> on the Bloomberg Terminal.Switched On is hosted this week by Dana Perkins.See omnystudio.com/listener for privacy information.

Electric vehicles, plastic alternatives, electrification of industrial processes – and more – are set to cut into demand for oil. In fact, we may have already reached a peak for the amount of oil produced in a single year, an idea known as ‘peak oil’. This week, Switched On speaks with oil demand analyst David Doherty. He will tell us about what peak oil means, how it is more than an academic concept, and how oil producers are managing this change – pivoting their business models, or going all-in on black gold.This episode is based on BloombergNEF's flagship report, New Energy Outlook 2020. BNEF clients can access this report on bnef.com or BNEF Mobile, or at BNEF<GO> on the Bloomberg Terminal.Switched On is hosted this week by Dana Perkins and Mark Taylor.See omnystudio.com/listener for privacy information.

Startups and food industry giants alike are working to improve the taste, texture, and appearance of alternative proteins, or fake meat. If they can get it good enough there is a huge market out there. This week, Switched On speaks with Hugh Bromley, consumer insights analyst for BloombergNEF. He talks about the various options out there for alternative proteins, along with go-to-market strategies and potential barriers for producers.This episode is based on a report titled Alternative Proteins: Fake It Till You Make It. BNEF clients can access this report on bnef.com or BNEF Mobile, or at BNEF<GO> on the Bloomberg Terminal.Switched On is hosted this week by Mark Taylor and Dana Perkins.See omnystudio.com/listener for privacy information.

The renewable diesel market is set to triple in the next four years. Increasingly stringent environmental standards, and imperatives to reduce transport emissions, make this like-for-like replacement for conventional diesel an attractive option. This week on the show, Switched On speaks with BNEF oil demand analyst Daisy Maugouber about market players, growth, and just where all the fry grease it needs will come from.This episode is based on a report titled Renewable Diesel: A Green Light for Refiners. BNEF clients can access this report on bnef.com or BNEF Mobile, or at BNEF<GO> on the Bloomberg Terminal.Switched On is hosted this week by Mark Taylor and Dana Perkins.See omnystudio.com/listener for privacy information.

A net-zero target is achieved when a country or company balances out its greenhouse gas emissions with other activities that store, reduce or offset those emissions. So in the end, what you’re putting up into the air is effectively, well, nothing. This week on the show, Switched On speaks with BNEF corporate sustainability analyst Kyle Harrison about what is driving the many corporate net zero announcements of late, what net zero actually means in practice, and the bumpy ride ahead for those going down this road.This episode is based on a report titled Corporate Net-Zero Targets Primer: Jump on the Bandwagon. BNEF clients can access this report on bnef.com or BNEF Mobile, or at BNEF<GO> on the Bloomberg Terminal.Switched On is hosted this week by Mark Taylor and Dana Perkins.See omnystudio.com/listener for privacy information.

Airbus aims to have an electric airliner in service by 2035. As part of this, the company announced three electric concept planes in September that are targeted for demonstration by 2025. Today Switched On speaks with Glenn Llewellyn, vice-president of zero emission aircraft at Airbus. He speaks with BloombergNEF Sustainability Editor Bryony Collins about this effort, the tradeoffs between batteries and hydrogen, and other challenges to be overcome for no-emissions planes to become a reality.BNEF users can read a transcript of this interview, and see all BNEF analyst content on bnef.com or BNEF Mobile, or at BNEF<GO> on the Bloomberg Terminal.Switched On is hosted this week by Dana Perkins.See omnystudio.com/listener for privacy information.