In this second special episode of Wood Mackenzie's The Energy Gang, recorded at the Reuters Global Energy Transition 2024 conference in New York, we speak with leaders at some of the key companies shaping the energy transition. We hear about how they are tackling the challenge of meeting rising demand for electricity while at the same time reducing emissions.
Greg Jackson, CEO of Octopus Energy, talks about his ambitions in the US market, which are centered around selling the company’s Kraken technology platform to utilities. He highlights the global potential of digitalization in propelling the energy transition forward.
The transition towards renewable energy is governed not only by technological progress, but also by regulatory and policy frameworks. Our second guest, David Carroll, Chief Renewables Officer at Engie, talks about how legislation including the Inflation Reduction Act, and regulatory initiatives such as the Federal Energy Regulatory Commission's (FERC) Order No. 1920, can catalyze the adoption of renewable energy sources.
Next we talk to Ana Quelhas, Managing Director of the Hydrogen Business Unit at EDP Renewables, about the role of hydrogen in the shift away from carbon-intensive energy. Some of the hype around low-carbon hydrogen has been dying away over the past year or two. But Ana Quelhas argues that, if done right, hydrogen can still be an important part of a zero-carbon energy system, for uses where direct electrification may not be feasible.
And finally, Bill Newsom, President and CEO of Mitsubishi Power Americas, tells us about what the energy revolution means for equipment suppliers. His company is developing and deploying solutions that address the demand for “clean firm” power that is available round-the-clock, through hydrogen and carbon capture. He talks about the prospect that these technologies could help provide the massive increase in 24/7 low-carbon electricity that will be required for new data centers and factories, and to charge electric vehicles.
Look out for the next special episode from day three of the conference, available on Friday June 28.
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