This week, the Tony Blair Institute for Global Change released a report declaring, “a new nuclear age is beginning,” arguing that nuclear power is critical in meeting global climate goals. But how is this renaissance different from earlier proclamations of an atomic revival?In this episode, Richard talks with report co-author Tone Langengen about the case for a nuclear revival and the hurdles still in its way. Joining the discussion is nuclear expert Paul Dorfman, who questions whether nuclear can truly compete with renewables.They cover the potential of small modular reactors (SMRs), the challenges of cost overruns, and whether nuclear and renewables can work together to create a resilient, low-carbon grid.Host: Richard Sverrisson - Editor-in-Chief, MontelGuests: Tone Langengen - Senior Policy Advisor, Climate & Energy Policy at the Tony Blair Institute For Global Change. Co-author of this report “A New Nuclear Age”; Dr Paul Dorfman - Visiting Fellow at the Science Policy Research Unit of the University of Sussex; Chris Eales – France Editor, Montel

Frank Boerman, a Process Specialist at TenneT, and Priyanka Shinde, Nordic Market Expert at Montel News, dive into the complexities of flow-based market coupling in the Nordic power market. They discuss the transition from conventional methods to this new system, highlighting its potential for greater efficiency. The duo addresses forecasting challenges, pricing discrepancies, and the intricate dynamics of the electricity market. They also emphasize the need for transparency in data and market operations to enhance stability and stakeholder confidence.

Global leaders at COP29 were under a huge amount of pressure going into talks this week following the UN Secretary General public voicing his concerns over the state of negotiations.    Criticisms of this year’s talks and the huge scale event that COP has become in recent years begs the question: is COP too big, and does it need reforming? We also discuss Europe's carbon market, current drivers and the reasons why prices may continue to rise.  In this episode, Richard speaks to Trevor Sikorski from Energy Aspects and our Carbon Correspondent reports from COP29 in Baku.  Host: Richard Sverrisson – Editor-in-Chief, Montel Guests: Trevor Sikorski – Head of Natural Gas and Carbon Research at Energy Aspects.

At the start of November, the Swedish government announced that it was vetoing plans for 13 offshore wind farms in the Baltic Sea due to security concerns. The announcement was met with much criticism from developers and lobby groups who felt blindsided by the cancellations and concerned about what this decision suggests about Sweden’s future energy priorities. In this episode, Richard speaks to WindEurope about their fears regarding Sweden’s decision and discusses the nuances of Sweden’s Ministry of Defence with Defence Consultant and former Swedish Army Lieutenant Colonel. Host: Richard Sverrisson – Editor-in-Chief, MontelGuests: Giles Dickson – CEO, WindEurope; Tobhias Wikstrom – CEO, Parachute Consulting; Anton Tigerstedt – Editor Sweden, Montel News

It has been a big week for global politics.On the same day that the United States voted Donald Trump as their 47th President, the German coalition government broke down after a budget row over cutting energy costs to companies and financial support for Ukraine.In this episode, Richard explores what this new US administration will mean for energy markets, and he speaks to one of our guests live from Munich about what the initial reaction to the news has been in Germany. Listen to a discussion on where this leaves the country – and the wider energy transition – as it enters a period of limbo until a new government is elected. Host: Richard Sverrisson - Editor-in-Chief, MontelGuests: Nadia Martin Wiggen – Director, Svelland Capital; Tobias Federico – Managing Director of Energy Brainpool GmbH & Co. KG

This week, the UK Chancellor Rachel Reeves delivered her budget – the first from a Labour government in 14 years.Whilst there were no big surprises for the energy sector, the budget still raised some interesting questions about the challenges in the UK when it comes to channeling private investment, and how effective the funding is going to be.In this episode, Richard dissects what the announcements and fiscal decisions laid out by the Government will mean for energy businesses in the UK.Host: Richard Sverrisson - Editor-in-Chief, MontelGuests: Pranav Menon – Product Manager for GB Power Renewables, Aurora Energy Research; Johnny Gowdy – Director, Regen; Paul Buckworth – Montel Analytics 

It is over a year since Hamas attacked Israel, which triggered a wider conflict in the Middle East; the territory that produces around a third of the world’s oil. And much of its gas. Yet, despite the escalating military attacks and rising geopolitical tensions, the price of oil has not increased as significantly as some experts assumed, especially when compared to Russia’s invasion of Ukraine two years ago.Why? In this episode, Richard speaks to geopolitics expert and co-founder of global data and intelligence firm, Energy Aspects, about what this tells us about the oil market, and what it suggests about our assumptions on the impact of geopolitical events vs the reality on the ground.    Host: Richard Sverrisson - Editor-in-Chief, MontelGuests: Richard Bronze – Co-Founder, Energy Aspects; Luke Roshan – Correspondent, Montel News

The last two years of the conflict in Ukraine, and the rise in malicious cyberattacks, has raised concerns security risks over Europe’s plans to be more self-sustainable in energy supply.Now, as countries across Europe roll out their plans for further decarbonisation and electrification, the security of these plans has come into question, pushing the energy sector firmly onto NATO’s radar.  Is Europe’s energy market set up to deal with security threats?In this episode, Richard speaks to two of the authors of a new report from Eurasia that puts the pressing issues of energy storage and grid compacity in Europe into a new – more urgent – context of security.Host: Richard Sverrisson - Editor-in-Chief, MontelGuests:Amund Vik – Senior Advisor to Eurasia Group and former Deputy Energy Minister in the Norwegian Ministry of Petroleum and Energy; Henning Gloystein – Head for Energy, Climate, and Natural Resources at Eurasia Group; Laurence Walker – Deputy Editor-in-Chief, Montel News

It's clear for many that Europe needs to ramp up battery energy storage capacity over the next decade to help decarbonise the economy. But where does this leave battery developers and manufacturers who must navigate the complex markets and battle against negative pricing?In this episode, Richard speaks to Neoen’s MD of Sweden about the largest battery in the Nordic region that will start operating early next year. In addition, we hear from Rystad Energy’s battery expert about the market conditions and the competitive threat from China that we have already seen start to impact local European manufacturers.Host: Richard Sverrisson - Editor-in-Chief, MontelGuests: Laetitia Prot – Managing Director Sweden, Neoen               Lars Lysdal – Advisory Partner and battery expert, Rystad Energy 

This week marked a historic milestone for the UK as it shut down the last remaining coal-fired power station in Ratcliffe-on-Soar, Nottinghamshire. Once the backbone of the country’s energy supply, coal has been an essential part of the energy mix for over a century.In this bonus episode, Richard speaks to Matthew Scrimshaw, CCO of Montel, who shares his memories of growing up in his childhood home which overlooked the iconic power plant. Matthew recounts stories of his grandfather going to work in another nearby coal unit, and being mesmerised as a boy by the Ratcliffe-on-Soar station.Matthew, Richard, and Montel’s Deputy Editor-in-Chief, Laurence, reflect on coal’s role in the industrial revolution, the integral position it held in the politics of the 1970s and 80s, and how the dirty fuel will be remembered in British history.    Host: Richard Sverrisson – Editor-in-Chief, MontelGuests: Laurence Walker – Deputy Editor-in-Chief, Montel News; Matthew Scrimshaw – Chief Commercial Officer, Montel