

Currents
Norton Rose Fulbright
Currents is a podcast published by Norton Rose Fulbright that features in-depth discussions on the latest developments in project finance. The podcast is hosted by partner Todd Alexander, who interviews key business leaders and policy makers to investigate important trends affecting the energy and infrastructure space.
Episodes
Mentioned books

Feb 18, 2019 • 17min
Ep52: DNV GL's Energy Transition Outlook
Marion Hill, business line director, renewable energy for North America of DNV GL, joins us to discuss the company's "2018 Energy Transition Outlook." We talk about the model on which the outlook is based and how the DNV GL outlook differs from other energy outlooks, when DNV GL thinks the world will hit peak energy demand and why it thinks demand in North America has already peaked.

Feb 11, 2019 • 30min
Ep51: Working with the NY Green Bank
Alfred Griffin, president of the NY Green Bank, joins us to discuss its mission, what types of deals it is authorized to do and the benefits of borrowing from it. We get into where opportunity currently lies for entrepreneurs, what kind of pricing is offered and more.

Feb 4, 2019 • 33min
Ep50: Covariance Risk with RESurety
Listen in as Lee Taylor, CEO of REsurety, joins Todd Alexander and Rob Eberhardt to give us a refresher course on covariance risk. Lee answers everything from what it is and why you should care about it to who wears the risk in a project and what commercial and industrial buyers can do about when facing it.

Jan 28, 2019 • 32min
Ep49: Grid Strategies on Electricity Market Design
Rob Gramlich, CEO of Grid Strategies, joins us to discuss a recent report on reforms needed in the PJM and MISO electricity markets for renewable energy to become competitive. He explains how different technologies can improve the reliability of wind and solar output, the changes needed in the market for a high-penetration renewable energy scenario, how transmission fits in and more.

Jan 22, 2019 • 32min
Ep48: Mexico: Changes in Store?
The new Mexican president already made headlines by halting construction work on the new Mexico City airport and requiring resignations of executives at state companies to reduce salaries. Raquel Bierzwinsky sits down to tell us what she expects to see in the power and infrastructure sectors in Mexico with Andrés Manuel López Obrador in charge.

Jan 14, 2019 • 1h 15min
Ep47: Cost of Capital: 2019 Outlook
It is the start of a new year. Interest rates are headed up in the broader market. Economists are split on where the US and global economies are headed. Share prices on world bourses took a beating at the end of 2018. On January 11, we had a conversation among a group of project finance industry veterans about what to expect in the year ahead for tax equity, bank and term loan B debt and project bonds.

Jan 7, 2019 • 19min
Ep46: Solar Revenue Put: One Year Later
In Episode 23, Richard Matsui of kWh Analytics sat down with us to explain the solar revenue put. One year later, he joins us again to discuss how the market has reacted, the number of deals that have used it, the response to this new innovation and more.

Nov 30, 2018 • 22min
Ep45: Potential Impacts from Wildfires on PG&E
Bob Shapiro joins us to discuss potential wildfire impacts on PG&E, including potential impacts to PG&E's counterparties. We dive into the relationship between the California legislature and the California Public Utilities Commission, the impact a significant loss to PG&E could have on power generators and more.

Nov 19, 2018 • 1h 1min
Ep44: Post-Election Assessment: US Power Sector
Listen to a discussion among Keith Martin and five veteran Washington lobbyists and power company office heads about how the US mid-term election results are likely to affect the power sector, especially renewable energy.

Nov 14, 2018 • 33min
Ep43: A Master Class on Ratings for Projects
Greg Remec, Senior Director with Fitch Ratings, joins us to give a master class on ratings for projects, discussing what goes into a rating, how the different players affect the grade and more.