Plugged In: the energy news podcast

Montel News
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Oct 19, 2023 • 25min

Is EU energy infrastructure vulnerable to attack?

The recent incident of suspected sabotage affecting the Balticconnector – the gas pipeline linking Finland and Estonia – has highlighted the vulnerability of Europe’s energy network, especially offshore pipelines. Who or what is threatening gas links and power cables? Listen to a discussion on why it is imperative that countries work together to protect critical infrastructure and the ways in which this can be achieved.Host: Snjólfur Richard Sverrisson, Editor-in-Chief, MontelGuest: Jakub Godzimirski, Norwegian Institute of International Affairs
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Oct 12, 2023 • 26min

Geopolitics trump fundamentals

The months ahead will be filled with uncertainty – and price volatility – as energy market participants assess the consequences of the escalating conflict in the Middle East and potential sabotage to the gas pipeline linking Finland with Estonia. Will these events override market fundamentals? Listen to a discussion of the key developments in UK and continental wholesale power and gas markets in the last quarter and the outlook for the coming months. Host: Snjólfur Richard Sverrisson, Editor-in-Chief, MontelGuests: Jean-Paul Harreman, Director, Montel EnAppSys,                   Paul Buckworth, Principal Consultant, Montel EnAppSys.
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Oct 6, 2023 • 26min

No room for complacency

European wholesale gas prices are falling, stocks are close to full capacity and LNG is still flowing to the region, though as winter looms market participants cannot afford to relax, yet. Listen to a discussion on the factors that will influence supply and demand in the coming months. What is the risk that Russian LNG will completely stop flowing to Europe? And can we expect renewed industrial action at LNG facilities in Australia?  Host: Snjólfur Richard Sverrisson, Editor-in-Chief, Montel Guest: Andrés Cala, LNG Correspondent, Montel
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Sep 28, 2023 • 24min

Investor fury over Rishi's rollback

Investors into the UK's renewable sector have expressed disbelief, disappointment and anger over plans by Prime Minister Rishi Sunak to relax rules to phase out fossil fuel cars and boilers. Listen to a discussion on why the populist move makes no sense politically or financially as it will deprive areas outside of London of manufacturing opportunities and export potential. Will investors now prioritise other markets as the UK backpedals?Host: Snjólfur Richard Sverrisson, Editor-in-Chief, MontelGuest: Helena Anderson, COO, Ikigai Capital 
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Sep 21, 2023 • 31min

Norway’s looming supply deficit

Norwegian power prices have swung from record highs last year to all-time lows this year as supply in the hydropower-intensive nation shifted from deficit to surplus. While dry or wet weather generally drives prices, Norway is set for a long-term change from a power exporter to an importer as new capacity lags demand growth. Listen to a discussion about Norway’s struggle with new capacity, notably onshore wind – with only 3 of 356 local communities in approval – and why investors are looking elsewhere due to punitive and retrospective tax measures. Host: Snjólfur Richard Sverrisson, Editor-in-Chief, MontelGuests: Lars Ove Skorpen, Director, Pareto Securities                    Arvid Moss, Executive Vice President, Hydro Energy.
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Sep 14, 2023 • 23min

Powering through extreme weather

Floods, wildfires, heatwaves, drought and hurricanes. Extreme weather patterns are becoming more frequent in Europe and across the globe. But what does this mean for the way energy is produced, consumed and transported? Listen to a discussion on how the energy market will cope with shifting weather patterns like El Nino as the planet heats up. And, what's the outlook for winter in Europe? Host: Snjólfur Richard Sverrisson, Editor-in-Chief, MontelGuest: Robin Girmes, Managing Partner at Energy Weather
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Sep 7, 2023 • 31min

France bets big on nuclear (again)

France has announced ambitious plans to build new nuclear plants, with up to 14 reactors potentially online by 2050. Yet its much vaunted new generation reactor at Flamanville is massively overbudget and more than a decade behind schedule. Listen to a discussion on why the grandiose plans by president Emmanuel Macron may not be realised, along with analysis of the main issues affecting the country's renewables objectives. Will it meet its 2030 targets?Host: Snjólfur Richard Sverrisson, Editor-in-Chief, MontelGuest: Franck Gbaguidi, Director, Energy, Climate and Resources, Eurasia Group
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Aug 31, 2023 • 28min

Gas faces triple whammy?

Wholesale gas prices have been very volatile in August, largely over concerns of a reduction in supply due to strikes at Australian LNG facilities. The market has softened in recent days but risks of further spikes remain. Listen to a discussion on the price impact of the strike, maintenance on the Norwegian continental shelf and a potential cold snap. Also, how safe is northern Europe’s gas infrastructure from attack?Host: Snjólfur Richard Sverrisson, Editor-in-Chief, MontelGuest: Ole Hvalbye, Commodities Analyst, SEB
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Aug 25, 2023 • 26min

Curbing surplus solar power

Europe is scaling up solar power capacity like never before and could exceed the 46 GW installed last year. But what happens when there is too much feeding the grid? Listen to a discussion on output curtailments, negative prices, and dealing with network constraints. Host: Snjólfur Richard Sverrisson, Editor-in-Chief, MontelGuest: Naomi Chevillard, Head of Regulatory Affairs, Solar Power Europe
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Aug 18, 2023 • 25min

UK green issues take political centre stage

By pledging to “max out” oil and gas reserves and criticising “loony” green policies, UK prime minister Rishi Sunak appears to be driving a wedge between his government and the opposition Labour party. Listen to a discussion on the country’s faltering climate goals, why offshore wind farms are proving challenging and the fierce debate around urban low-emission zones (Ulez). And, will Britons really be cooking their turkeys on new nuclear power in 2028 (11 years later than originally planned)?Host: Richard Sverrisson, Editor-in-Chief, MontelGuest: Antony Froggatt, Senior Research Fellow, Chatham House

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