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[Episode #246] – Meeting Australia’s 2030 Target

This episode is part of a miniseries about Australia’s energy transition.

In late 2024, Chris traveled to Australia and recorded interviews with a wide range of experts who are closely involved in its energy transition. The first of those interviews was featured in Episode #234, and the second in Episode #235.

In this episode, we'll see how the Australian government is working with the grid power sector to plan and execute its transition to renewables—despite a political opposition committed to fossil fuels and nuclear. We'll also explore what's being done to ensure adequate capacity and maintain system reliability during this transformation.

To tell this story, we weave together the perspectives of several guests:

  • Chris Bowen, Minister for Climate Change and Energy for the Australian Labor Party, explains Australia's decarbonization targets and the government's framework to achieve them.
  • Matt Kean, Chair of Australia's Climate Change Authority, shares his team’s findings about the best pathways to meet those targets.
  • Alex Wonhas of AMPYR shares insights from helping grid operator AEMO develop Integrated System Plans that describe how to evolve the system toward those targets while maintaining reliability.
  • Tristan Edis of Green Energy Markets discusses the technical considerations of orchestrating new grid power resources.

In the subsequent episodes in this miniseries, we’ll be exploring how Australia is using innovation to meet the challenges of the transition. We’ll also take a closer look at how they use DER integration to support the system while helping customers gain more control over their energy bills and even save money.

Guest #1:

Dr. Alex Wonhas is a veteran senior executive and thought leader who has shaped the national and state-based strategic agendas in Australia’s energy sector for more than three decades.

Through roles including Executive General Manager at AEMO, Managing Director at Aurecon, and Executive Director at CSIRO, he has worked extensively with governments and industry in the Energy and Resources sector on issues ranging from strategic investment decisions in a complex and rapidly changing market environment, development and procurement of new large-scale infrastructure, impact of new technologies, to operational and organisational improvement. He is currently the CEO of AMPYR Australia.

Alex has served on a range of energy and resources related advisory committees and boards, including the Energy Corporation of New South Wales, CSIRO Chile, Evergen, CO2CRC, ANLEC, and the Australian Solar Institute. He has a PhD in Theoretical Physics from the University of Cambridge.

On LinkedIn: https://www.linkedin.com/in/alexwonhas/

Guest #2:

Chris Bowen is Minister for Climate Change and Energy for the Australian Labor Party, representing Prospect, New South Wales in the House of Representatives. He has held a wide range of portfolios including serving as Treasurer, Minister for Human Services, Minister for Immigration, Minister for Financial Services, Assistant Treasurer, Minister for Competition Policy, Minister for Small Business and Minister for Tertiary Education. Chris has been responsible for a range of significant policy reform programs in these portfolios.

He served as Interim Leader of the Labor Party and Acting Leader of the Opposition following the 2013 Federal election and served as Shadow Treasurer.

On Twitter: @bowenchris

On the Australian Government website: https://www.aph.gov.au/Senators_and_Members/Parliamentarian?MPID=DZS

On the Web: https://www.chrisbowen.net/

Guest #3:

The Hon. Matt Kean is the Chair of Australia’s Climate Change Authority. He is also the Director of Regulatory Affairs and Strategic Partnerships at Wollemi Capital.

Matt was most recently the New South Wales (NSW) Government Shadow Minister for Health. He was Deputy Leader of the NSW Liberal party from August 2022 until March 2023. Throughout his 13-year political career, Matt also held ministries of Innovation and Better Regulation, Treasury, Energy and Environment. He was the local New South Wales Government member for Hornsby from 2011 until 2024.

As Treasurer and Energy Minister of NSW, Matt championed climate action that is in the best interests of households and businesses. In 2020, he delivered the Electricity Infrastructure Roadmap: A 20-year plan for NSW’s energy infrastructure. The roadmap spurs private investment in renewable energy while reducing emissions and power bills for the people of NSW.

On Twitter: @Matt_KeanMP

On LinkedIn: https://www.linkedin.com/in/matt-kean-mp/

On the Web: https://www.climatechangeauthority.gov.au/

Guest #4:

Tristan Edis has worked on commercial and policy initiatives for the energy transition for 24 years.

Currently he is the Director of Analysis and Advisory at Green Energy Markets. He undertakes research to support clients making investment, trading and policy decisions related to energy and carbon abatement markets.

Tristan has written extensively on how to improve the energy system and markets to deliver reliable and affordable energy while also addressing climate change.

Previously, he has worked in the Clean Energy Council for the Australian Government, Ernst & Young, and the Grattan Institute think tank. He was also the editor of a clean energy news website called Climate Spectator.

On Twitter: @TristanEdis

On LinkedIn: https://www.linkedin.com/in/tristan-edis-7b107998/

On the Web:  https://www.greenmarkets.com.au/

Tristan’s research papers in IEEFA

Tristan’s articles in AFR

Tristan’s articles in The Guardian

Tristan’s articles in Watt Clarity

Tristan’s articles in Renew Economy

Tristan’s articles in Inside Story

Tristan’s articles in The Australian

Geek rating: 6

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[Episode #245] – Evolving the UK Energy System Part 3

In the first part, Episode #240, we reviewed the UK's unique strategies for procuring energy transition solutions. In the second part, Episode #241, we covered how the nation’s energy regulator is driving investment to support the transition.

To conclude this miniseries, we welcome back Julian Leslie, who first joined us in Episode #174. Julian is now Director of Strategic Energy Planning and Chief Engineer at Britain’s National Energy System Operator (NESO), a recently-created agency tasked with preparing Great Britain's electricity network for net zero operation by 2030. He also coordinates regional and national plans for Britain’s energy system—including gas and emerging heat networks—to meet decarbonization targets.

In this conversation, we review the progress of the innovative Pathfinder programs we discussed back in 2022, which invited the market to provide solutions that could help Britain integrate more wind and solar into its grid. We walk through the extensive process that NESO is undertaking to plan and coordinate the development of a fully decarbonized power grid by 2030. And we discuss in detail how Britain is working to massively expand its capacity in offshore and onshore wind, solar, transmission, and battery storage to meet that goal.

By setting clear decarbonization targets, then collaborating with industry and stakeholders to carry out plans to meet them, the UK is showing the world how to execute a successful energy transition. We hope this miniseries inspires other nations to follow their example.

Guest:

Julian Leslie is Director of Strategic Energy Planning and Chief Engineer at the UK’s National Energy System Operator (NESO). Julian is a chartered engineer with three decades of transmission system operation, planning and investment experience. Julian’s role is to prepare Great Britain’s electricity network for net zero operation, defining future network needs so that market and network owners can invest in the right technology solutions at the right time. Julian is also developing whole energy system plans on a national and regional basis.

On Twitter: @JulianLeslie6

On the Web:  Julian’s profile at NESO

Geek rating: 7

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[Episode #242] – IEA Outlook 2025

What important trends are shaping the energy transition today? And what is the outlook for oil and gas demand?

In this conversation, Tim Gould of the International Energy Agency (IEA) returns to discuss key insights from the agency’s flagship annual report, the World Energy Outlook 2024. We consider the enormous implications of IEA’s view that global demand for all fossil fuels will peak and begin a slow decline within the next five years. To explore this, we take a closer look at the state of the oil and gas industry, comparing its expectations to what climate science and energy system modeling tell us about the future of fossil fuels. We also consider how the energy transition could reduce overall demand for fossil fuels, creating excess supply imbalances that reshape global markets and trade geopolitics.

Our discussion also touches on the IEA’s forecast that low-emission electricity sources like solar, wind, and nuclear will account for more than half of global power generation before 2030. Further, we explore the rising energy demand from data centers, shifting expectations for hydrogen, and the investments needed to keep clean energy growing at a pace that meets our climate targets.

Guest:

Tim Gould is co-head of the World Energy Outlook series at the Paris-based International Energy Agency (IEA). He designs and directs the work together with the IEA’s Chief Energy Modeller and contributes to the Outlook as a principal author. He also oversees the Agency’s analysis of energy investment and finance, including the World Energy Investment series. Tim has been at the IEA since 2008, and joined initially as a specialist on Russian and Caspian energy before going across to join the World Energy Outlook team under the (then) Chief Economist, Fatih Birol, who is now the IEA’s Executive Director. Before IEA, he worked on European and Eurasian energy issues in Brussels and also spent ten years working in Eastern Europe, primarily in Ukraine. He studied at Oxford University and Johns Hopkins SAIS.

On Twitter: @tim_gould_

On the Web:  http://www.iea.org

Geek rating: 7

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[Episode #241] – Evolving the UK Energy System Part 2

This episode is the second in a miniseries about how the UK is transforming its energy system. If you missed Part One, featuring Adam Berman discussing the UK’s decarbonization progress, you can find it here.

In this conversation, Luke Ames Blackaby from Ofgem, the UK’s electricity and gas regulator, joins us to discuss how the agency is supporting technology development to meet the UK’s 2030 clean power and 2050 full decarbonization targets.

We explore a wide range of critical topics, including flexible electricity tariffs, cost-effective expansion of the transmission system for renewable energy, and adapting gas networks for hydrogen. Additionally, we cover integrating heat networks, leveraging electrified rail as a flexible demand asset, and using storage to manage variable renewable generation. Finally, we examine how regulations can evolve to accommodate emerging technologies like demand flexibility and optimize existing infrastructure.

Guest:

Luke Ames Blackaby is the Head of Ofgem’s Innovation Hub. The Innovation Hub is responsible for delivering Ofgem’s innovation support services, in the form of a regulatory sandboxes and bespoke advice to innovators, and for managing the delivery of Ofgem’s Strategic Innovation Fund (SIF). The Hub is also leading on the policy development for network innovation within RIIO-3, the price control setting process for gas distribution, and gas and electricity transmission, licensees for 2026-31.

On the Web: Ofgem Innovation Hub

Geek rating: 7

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[Episode #240] – Evolving the UK Energy System Part 1

This episode kicks off a new miniseries exploring how the UK is evolving its energy system through world-leading efforts to meet its decarbonization goals. In 2024, it closed its last coal-fired power plant and conducted its most successful Contract for Difference (CfD) auction yet, which attracted a diverse range of renewable energy projects—including more than enough offshore wind bids to make up for the lack of such projects in the 2023 auction.

The UK also launched an astonishingly ambitious effort to develop an economy-wide energy planning process for the entire country, conducted by the newly-established National Energy System Operator (or NESO). NESO produced its first report, providing essential guidance to all participants in the country’s energy system. Additionally, Great British Energy was created, which will make the British government a direct investor in renewable energy projects.

In this episode, we speak with Adam Berman, the Director of Policy and Advocacy at Energy UK, the nation’s energy industry trade group. He advocates for ways to speed up the UK’s journey to net-zero through enabling low-carbon investment in clean power generation. We review all of 2024’s developments in detail, and outline the path forward for the UK’s energy transition.

Guest:

Adam Berman is the Director of Policy and Advocacy at Energy UK. He advocates for ways to speed up the UK’s journey to Net-Zero through enabling low-carbon investment in clean power generation. Prior to Energy UK, Adam was European Policy Director at IETA (International Emissions Trading Association), an organisation which advocates for robust and effective carbon pricing. Previous roles included working as an analyst in the energy industry on international climate policy issues, and as a researcher in the UK Parliament.

On the Web: Energy UK

Geek rating: 7

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[Episode #234] – Transition in Australia 2024

In August 2024, Chris commenced a three-month research trip across Australia and New Zealand to explore their unique challenges and opportunities in the energy transition, and to conduct interviews with the people involved. This episode kicks off a miniseries based on those travels.

We start by speaking with Giles Parkinson, a journalist for more than 40 years who has arguably covered Australia’s energy transition more thoroughly and consistently than anyone else. Giles is the founder and editor of Renew Economy and the co-host of the weekly Energy Insiders Podcast as well as the founder of two other websites: One Step Off The Grid, which provides information to consumers contemplating what they can do to support the energy transition, and The Driven, which is billed as “Australia’s most-trusted and well-read electric vehicle news site.”

In this roughly 90-minute conversation, we frame up the big picture on Australia’s energy transition, including the major themes and vectors of change. We discuss several significant energy transition projects as well as the politics of the energy transition in Australia, including the roles of various government agencies.

Guest:

Giles Parkinson is founder and editor of Renew Economy, and is also the founder of One Step Off The Grid and founder/editor of the EV-focused The Driven. He is the co-host of the weekly Energy Insiders Podcast. Giles has been a journalist for more than 40 years and is a former business and deputy editor of the Australian Financial Review.

On Twitter: @GilesParkinson

On LinkedIn: Giles Parkinson

On the Web:  Giles’ page at Renew Economy

Geek rating: 6

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[Episode #220] – Climate Capitalism

What is the recipe for an energy transition at the scale needed to limit global warming below the crucial 2°C threshold?

Bloomberg journalist Akshat Rathi has identified some of the key ingredients, based on his interviews with ten of the world’s most influential personalities working on climate solutions. In his new book, Climate Capitalism, Akshat recounts their stories and makes a case for how capitalism and the dynamism of the private sector are essential components of the global race to zero emissions.

We take a deep dive into Rathi’s work, confronting the criticisms of capitalism, examining how its varied implementations around the world produce different results, and exploring potential reforms for improvement. We conclude by weaving in some ideas drawn from topics discussed previously on the show, including “command capitalism,” how the energy transition requires long-term planning with a system thinking perspective, and the tension between forces driving for international cooperation versus competition.

It's a thoughtful look at the state of the global energy transition from someone with a front-row seat to the investment flows around the world, and we know you’ll find it an illuminating and inspiring discussion.

Guest:

Akshat Rathi is a senior climate reporter for Bloomberg News and is the host of Zero, a weekly climate podcast for Bloomberg Green.

He has a PhD in chemistry from the University of Oxford, and a BTech in chemical engineering from the Institute of Chemical Technology in Mumbai. He has written for Quartz and The Economist, and his work has been cited in global publications including New York Times, Washington Post, New Yorker, The Guardian, Wall Street Journal and Financial Times.

On Twitter: @AkshatRathi

On LinkedIn: AkshatRathi

On the Web:  https://akshatrathi.com/

Geek rating: 4

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[Episode #213] – Offshore Wind in the UK

It’s been a difficult year for the offshore wind sector, with numerous projects and power purchase agreements getting canceled. Contracts and incentives simply haven’t kept pace with rising costs, forcing developers to shelve money-losing projects.

So is the offshore wind sector hitting a wall, or merely some temporary speed bumps on the path to a bright future?

We're think it's the latter, as do industry and government insiders.

In this episode, we take stock of the offshore wind sector, with a focus on the UK. This is our second show based on Chris’ travels to the UK in the Autumn of 2023. The first was Episode #212, about the energy transition on the Isle of Eigg. In this episode, Chris interviews two key players in the UK’s offshore wind industry, and tours a Scottish port, witnessing firsthand the foundations for a new offshore wind project being readied for installation. We also discuss the failure of the UK’s Contract for Difference (CfD) incentive auction for offshore wind this year, and its impact on the offshore wind supply chain. And we conclude with a look at what the government is doing to ensure the next auction is a success.

Geek rating: 3

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[Episode #212] – Transition in Eigg

Twenty-six years ago, on a wee island with just 65 residents off the west coast of Scotland, the seeds of a fascinating energy transition project were planted. That began a long process which ultimately made it possible for the island’s inhabitants to become the world’s first community to launch an off-grid electric system powered by wind, water and solar.

In the Autumn of 2023, Chris traveled to that island—the Isle of Eigg—to see it for himself, and interview some of the key people who were involved in making it happen. You’ll learn all about how it happened and what the island’s residents plan to do next in their pursuit of greater self-determination and self-sufficiency.

This is our second show in the new, place-based format we piloted in Episodes #186 and #187. Instead of exploring a particular topic with one guest who has a noncommercial perspective, as most of our shows have done so far, this new format aims to tell the stories about how the energy transition is proceeding in some of the places Chris is visiting in his ongoing travels as a peripatetic podcaster. There will be more episodes in this format to come, and we hope you enjoy them.

Geek rating: 4

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[Episode #203] – The Case for Climate Optimism

Why does so much media coverage of climate change emphasize the worst-case scenarios and the slow speed of the energy transition? Why don't more stories highlight how the energy transition is working and accelerating, reducing expected increases in carbon emissions and rendering the worst-case warming scenarios increasingly unlikely?

These are important questions, because reporting about the climate and the energy transition can be a self-fulfilling prophecy. If the media constantly asserts that climate change is unstoppable and that we’re doomed, people will feel discouraged and give up during a critical time in which we must make progress. Whereas by showing people how they can be part of the solution, they will do what they can and support leaders committed to addressing the problem.

It’s also important that we understand what’s real and likely, and what isn’t. An unfortunate number of stories about climate change have emphasized vague “tipping points” and “feedback loops” that might accelerate warming in the future. But those are unquantified and undefined terms referring to highly uncertain possibilities. Meanwhile, highly probable outcomes that would result from existing climate policies are barely mentioned.

So why is there so much media focus on the worst-case scenarios? A shred of uncertainty isn't a sufficient reason to emphasize the worst case above all else. Wouldn't it make more sense to focus on the likely outcomes of our existing policies?

In this episode, we're joined by a climate researcher and data analyst who finds reason for optimism on climate change. Hannah Ritchie is a Senior Researcher in the Programme for Global Development at the University of Oxford. She is also Deputy Editor and Lead Researcher at the online publication Our World in Data, which brings together the latest data and research on the world's largest problems and makes it accessible for a general audience. Her forthcoming book, Not the End of the World, will be published in January 2024.

In today’s conversation, Hannah explains what converted her from a climate pessimist to an optimist, and shares her insights into why stories of climate doom seem to be more popular. We explore a number of her data analyses that support her optimistic outlook. And we discuss why it’s important to give people hope that we can address the climate challenge successfully—not by merely adopting a pollyannish attitude, but by really looking at the facts, and understanding the progress that we’re actually making.

Geek rating: 5

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