The HC Commodities Podcast

High prices, high volatility, geopolitics risk, liquidity constraints and navigating the energy transition. These are just some of the challenges facing the commodity trading sector that the panelists take on in the discussion, recorded at the Reuters Events Commodity Trading USA event which was moderated by Paul Chapman and hosted by ING. The panel tackle the challenges, their significance and potential opportunities while laying out their views on the state and future of the commodities sector.  The panelists were Sebastian Barrack, head of Citadel’a Commodity Business Unit, Ben Sutton, founder and CEO of 61Commodities, Matthew Rosetti, head of ING’s Commodity platform in the Americas and Summer Mersinger, Commissioner of the CFTC. To find out more about HC and our talent advisory services in the energy & commodities sector visit www.hcgroup.global/hc-insider To connect with our host Paul Chapman, you can find him at www.linkedin.com/in/paulchapmanhc/

Renewable Energy faces the twin challenges of intermittency and spilled power, both of which drag on adoption and financing. If countries are to meet their climate goals, renewable energy generation needs to accelerate. One solution is connecting renewable power to flexible load, namely data centers meeting the demands of power hungry crypto mining and other applications. In this episode we dig into the fundamental challenges of widespread renewable adoption and potential solutions. Our guest is John Belizaire, founder and CEO of Soluna Computing (SLNH), a global company that provides renewable investors and generators with turn-key computing solutions. To find out more about HC and our talent advisory services in the energy & commodities sector visit www.hcgroup.global/hc-insider To connect with our host Paul Chapman, you can find him at www.linkedin.com/in/paulchapmanhc/

Institutional firms have been utilizing algorithms to trade commodities for years and the adoption of this approach appears to be accelerating.  The scale is such that even the markets themselves may be changing.  Why?  What are the advantages for a trader to distill trades into series of pre-determined decisions? What's the impact? How should (and in many cases are) traditional market participants adapt and adopt? Our guest is Stephen Roseme, founder and CEO of the Bridgeton Group, the developer of a proprietary algorithmic and data analytics platform used by commodities trading houses and institutional investors.To find out more about HC and our talent advisory services in the energy & commodities sector visit www.hcgroup.global/hc-insider To connect with our host Paul Chapman, you can find him at www.linkedin.com/in/paulchapmanhc/

Investment capital flows into the commodities sector have slowed despite rising returns and opportunity. Volatility, geopolitical risk and uncertainty over energy transition have impacted the rate of investment while increasing the need. In this episode, we discuss the cause and impact of this funding gap and what the role of banks is in supporting investment and managing the risks. Our guest is Nick O’Kane, Global Head of Commodities and Global Markets at Macquarie Group. Nick gives us his thoughts behind the current trends in the commodities space, the need to be responsive to the changing environment and what the future might hold.  To find out more about HC and our talent advisory services in the energy & commodities sector visit www.hcgroup.global/hc-insider To connect with our host Paul Chapman, you can find him at www.linkedin.com/in/paulchapmanhc/

Soybeans have become one of the world’s most important commodities. They feed us, our livestock and fuel our cars. As such they have become central in geopolitics, world trade and food security. However, prices are rising fast in the wake of rising demand for food and fuel, weather impacts of La Nina and climate change and the war in Ukraine. What will this mean for the world of commodities?  In this episode we zoom into the world of soybeans. What are they? Where are they grown, crushed and sold? What are the trends that are affecting traders and us all. Our guest is Ivo Sarjanovic, agri independent director, investor in ag-tech and visiting professor at the University of Geneva. As a bonus, Ivo also takes us through a recent academic paper on whether commodities are always a good hedge for inflation.To find out more about HC and our talent advisory services in the energy & commodities sector visit www.hcgroup.global/hc-insider To connect with our host Paul Chapman, you can find him at www.linkedin.com/in/paulchapmanhc/

Geopolitical risk is back. Gone are the years of expanding free trade and liberalization of markets. Sanctions on Russia, great power rivalry and market interventions are all disrupting energy & commodities markets and its participants. What are the current sanctions on Russia, What is the short term impact and what more can we expect? What can we expect over the medium term? How can companies organize themselves to prepare and respond to this increasingly complex and uncertain landscape? What does it mean for the global trading houses and their funding? Our guest is George Voloshin, Director and Head of the Paris Branch at Aperio Intelligence, a political risk & management consultancy. To find out more about HC and our talent advisory services in the energy & commodities sector visit www.hcgroup.global/hc-insider To connect with our host Paul Chapman, you can find him at www.linkedin.com/in/paulchapmanhc/

Over the last decade, commodity markets have become increasingly financialized with much more granular contracts, and therefore hedges, available on exchanges. Oil is the tip of the spear. This is profoundly changing how oil is traded and by whom. Forward curves are now dictating supply and demand. The information produced by integrated physical systems – historically the unassailable competitive advantage  of the majors – has now been democratized. This has also attracted new participants on a huge scale. The consequences is the oil markets look a lot more like equity markets and swings much more violent – supply and demand be damned. Our guest is Greg Newman, CEO of Onyx Capital Group, the leading market maker in oil swaps. Greg guides us through what is changing and the consequences for the commodities sector. To find out more about HC and our talent advisory services in the energy & commodities sector visit www.hcgroup.global/hc-insider To connect with our host Paul Chapman, you can find him at www.linkedin.com/in/paulchapmanhc/

The adoption of battery electric vehicles has profound consequences for the commodities world. From the components required to build, to how they are charged and more broadly the future of energy management. What is the current state of the market? What new trends and technologies are emerging from wireless charging to battery swapping (and who will provide these services)? What is the role of the EV in energy transition? Have Western policies focused on promoting private ownership mean these are just the toys of the rich, rather than transformative for carbon reduction? What policies should we have? Is China leading the world in this? Our guest is renowned EV commentator and thinker Roger Atkins, founder of the EVOutlook with over 300,000 followers on Linkedin. To find out more about HC and our talent advisory services in the energy & commodities sector visit www.hcgroup.global/hc-insiderTo connect with our host Paul Chapman, you can find him at www.linkedin.com/in/paulchapmanhc/

Europe is in an energy crisis. Power prices have quadrupled, governments have scrambled to provide liquidity to markets and subsidize households. And for the moment, gas is still flowing from Russia. How did we get to this state? What are the impacts and short-term consequences?  Can Europe navigate to the “whole of Europe response” needed or could this test the political union to breaking point? What does this mean for European energy traders and markets and what are the solutions? Our guest to tackle this subject is Gerard Reid, energy and renewables investment banker and economist and co-host of the Redefining Energy podcast .To find out more about HC and our talent advisory services in the energy & commodities sector visit www.hcgroup.global/hc-insiderTo connect with our host Paul Chapman, you can find him at www.linkedin.com/in/paulchapmanhc/

In February, the SEC released proposed rules for reporting climate risk and Green House Gas emissions, including Scope 1, 2 and 3. What exactly are in the proposed rules? How likely are they to be enacted?  How will they affect the energy and commodities sector both in the US and globally? How should leadership respond? Now that these risks have been highlighted, will investors drive change through the supply chain? And do they herald more stringent reporting and remediation in the future? Julie McLaughlin, Managing Director with Alvarez & Marsal’s Energy Practice, sheds light on how to think about these rules and the answers to these questions. To find out more about HC and our talent advisory services in the energy & commodities sector visit www.hcgroup.global/hc-insider To connect with our host Paul Chapman, you can find him at www.linkedin.com/in/paulchapmanhc/