Clean tech, green finance and energy innovation are the three lanes on the road to a successful global energy transition. At the intersection of these lanes is a place where ideas on finance, technology and policy are shared and debated. That intersection is Interchange Recharged.
Your host is Sylvia Leyva Martinez, principal analyst and research director at Wood Mackenzie. When Sylvia isn't tracking the technologies and markets driving the build-out of renewable power, she's speaking with visionaries, entrepreneurs, policy-makers and energy analysts to explore the newest developments in renewable technology, explain the ideas on global energy policy that could accelerate the energy transition, and identify new funding and financial models that could solve the biggest challenges we face on the way to net zero.
Sylvia and her guests bring you data and forecasts on clean technology, climate science, and offer predictions on the build out of utility-scale projects and the future of green finance.
What does the surge in data-centre demand mean for the grid, and who pays for it? What's happening in global EV adoption and development? What's the forecast for solar, one of the major success stories of renewable energy in the last ten years? What does the data tell us about the future of hydrogen, of nuclear, or of low-carbon power? These are examples of the insights and detailed analyses you can expect bi-weekly on Tuesdays at 7am ET.
If you like The Energy Transition Show, Catalyst with Shayle Kann, The Big Switch from Columbia University, Open Circuit with Jigar Shah or The Green Blueprint, you’ll enjoy Interchange Recharged.
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Check out another leading clean tech global podcast by Wood Mackenzie, Energy Gang, at woodmac.com/podcasts/the-energy-gang
Wood Mackenzie is the leading global data and analytics solutions provider for renewables, energy and natural resources. Learn more about Wood Mackenzie on the official website: https://www.woodmac.com/
This week, we’ll take a peek at the news. Last week, president Biden unveiled his administration's plan for a $3.5 trillion infrastructure plan which the democrats hope to pass through reconciliation. While the details are still sparse, we do know that one of the linchpins of the Biden administration's climate strategy -- a national clean electricity standard (CES) -- is included in the plan.
It's a big deal. If you care about the power sector, a national CES might be the most impactful piece of legislation affecting it in decades. If you care about decarbonization, almost every pathway drives directly through a decarbonized power sector combined with large-scale electrification of other sectors such as transportation, industry and heating.
But the details are still being worked out, and there’s a labyrinth of parliamentary rules that a CES would have to navigate to make it through the US Senate’s budget reconciliation process.
To shine a light on the process and what a CES could look like, Shayle turns to Jesse Jenkins, an energy modeling expert at Princeton who is helping to design the policy in the bill.
Shayle and Jesse talk about the differences between a Renewable Portfolio Standard (RPS) and a CES, crafting a CES through the budget instead of regulation, the role that technology-neutral tax credits could play in the bill, the funds and penalties utilities might face, and how to get the incentives right for the energy transition given the limitations of reconciliation. Helpful links:
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