In this episode, Michael Cohen, Chief US Economist and Head of Oil and Refining at BP's Strategy, Sustainability and Ventures Group, joins us to discuss the big questions surrounding the future of the oil and gas sector.

In this episode of the DNV Talks Energy podcast, we are joined by Paula Doyle, Chief Digital Officer at Aker BP. Tune in to hear our conversation as we discuss how digitalization, data, and AI are changing the way energy companies work.

Introducing DNV’s latest podcast series: Trust and transformations – leaders navigating change. Join us as DNV's CEOs sit down with leaders from a broad range of industries to find out how they’re tackling global transformation, building trust in their business and people, and what they think is coming next for their industry. Head over to the Trust and transformations channel to hear firsthand how leaders in the energy industry, including Christian Bruch of Siemens Energy, Rui Teixeira of EDP, and Doreen Harris of New York State Energy Research and Development Authority, are navigating change in an era of global transformation. https://dnvtrustandtransformations.podbean.com/

Coming soon Introducing DNV’s upcoming podcast series: Trust and transformations – leaders navigating change. Join us as DNV's CEOs sit down with leaders from a broad range of industries to find out how they’re tackling global transformation, building trust in their business and people, and what they think is coming next for their industry.  Stay tuned for the debut of our brand-new podcast series on the 8th of May to hear firsthand how leaders are navigating change in an era of global transformation. https://dnvtrustandtransformations.podbean.com/

This episode is part of DNV’s Energy Industry Insights report for 2024. We discuss the outlook for 2024 and how energy companies can capitalize on the biggest opportunities to decarbonize.

Welcome to the thirteenth series of the DNV Talks Energy podcast, hosted by Mathias Steck. In this series we explore the key insights from DNV’s latest Energy Transition Outlook and what they mean for the future of our planet. We explore the geopolitical developments affecting the energy transition, and what’s needed from technology, finance and policy in delivering net zero. Crucially, we explore: how do we move from ambition, to urgent action over climate change? To find out more or read transcription, please visit www.dnv.com/talksenergy  

Welcome to the thirteenth series of the DNV Talks Energy podcast, hosted by Mathias Steck. In this series we explore the key insights from DNV’s latest Energy Transition Outlook and what they mean for the future of our planet. We explore the geopolitical developments affecting the energy transition, and what’s needed from technology, finance and policy in delivering net zero. Crucially, we explore: how do we move from ambition, to urgent action over climate change? To find out more or read transcription, please visit www.dnv.com/talksenergy

Welcome to the thirteenth series of the DNV Talks Energy podcast, hosted by Mathias Steck. In this series we explore the key insights from DNV’s latest Energy Transition Outlook and what they mean for the future of our planet. We explore the geopolitical developments affecting the energy transition, and what’s needed from technology, finance and policy in delivering net zero. Crucially, we explore: how do we move from ambition, to urgent action over climate change? To find out more or read transcription, please visit www.dnv.com/talksenergy

Welcome to the thirteenth series of the DNV Talks Energy podcast, hosted by Mathias Steck. In this series we explore the key insights from DNV’s latest Energy Transition Outlook and what they mean for the future of our planet. We explore the geopolitical developments affecting the energy transition, and what’s needed from technology, finance and policy in delivering net zero. Crucially, we explore: how do we move from ambition, to urgent action over climate change? To find out more or read transcription, please visit www.dnv.com/talksenergy

Welcome to the thirteenth series of the DNV Talks Energy podcast, hosted by Mathias Steck. In this series we explore the key insights from DNV’s latest Energy Transition Outlook and what they mean for the future of our planet. We explore the geopolitical developments affecting the energy transition, and what’s needed from technology, finance and policy in delivering net zero. Crucially, we explore: how do we move from ambition, to urgent action over climate change? To find out more or read transcription, please visit www.dnv.com/talksenergy

Welcome to the thirteenth series of the DNV Talks Energy podcast, hosted by Mathias Steck. In this series we explore the key insights from DNV’s latest Energy Transition Outlook and what they mean for the future of our planet. We explore the geopolitical developments affecting the energy transition, and what’s needed from technology, finance and policy in delivering net zero. Crucially, we explore: how do we move from ambition, to urgent action over climate change? To find out more or read transcription, please visit www.dnv.com/talksenergy 

Welcome to the thirteenth series of the DNV Talks Energy podcast, hosted by Mathias Steck. In this series we explore the key insights from DNV’s latest Energy Transition Outlook and what they mean for the future of our planet. We explore the geopolitical developments affecting the energy transition, and what’s needed from technology, finance and policy in delivering net zero. Crucially, we explore: how do we move from ambition, to urgent action over climate change? To find out more or read transcription, please visit www.dnv.com/talksenergy 

DNV Talks Energy host Mathias Steck is joined by four members of DNV’s Leadership Team in its boardroom in a special, standalone podcast: COP27 In the Boardroom. Listen as the team discuss and debate what needs to be agreed at COP27 and beyond in order to move from ambition to decisive action over climate change.

A year on from ambitious pledges being made at COP26 in Glasgow, no country is on track to meeting net zero. As world leaders meet once again at COP27, we hear from DNV's leadership team who discuss what needs to happen right now to move from ambition to decisive action over climate change.  How do we refocus minds in order to meet a global energy security challenge? What is needed from policy, finance, and technology in order to rapidly accelerate the energy transition? How can we move from ambition to implementation so that a real change takes place?   DNV experts share their thoughts and hopes as to what can be achieved at COP, focusing on the major challenges and opportunities the world faces in meeting these net zero targets.  Tune in for this special standalone edition.

Please join us for this special documentary series of the DNV Talks Energy podcast, focusing on deep decarbonization and what is required each year to meet the targets set out in the Paris Agreement. Across two episodes, we speak with global experts working on the pathways to deep decarbonization about the opportunities and challenges posed by new technologies, regulation and investment.

Please join us for this special documentary series of the DNV Talks Energy podcast, focusing on deep decarbonization and what is required each year to meet the targets set out in the Paris Agreement. Across two episodes, we speak with global experts working on the pathways to deep decarbonization about the opportunities and challenges posed by new technologies, regulation and investment. To find out more or read the transcription, please visit www.dnvgl.com/talksenergy

Floating offshore wind is an emerging technology with an exciting future – providing access to abundant wind power over deeper waters than bottom-fixed turbines. But how can countries harness the potential of this technology to reduce their carbon emissions and meet ambitious climate goals? In the second episode of our special edition documentary podcast, we explore two important aspects that will enable countries to move from initial pilot projects to wide scale deployment – technology innovation and policy support. In particular, we’ll hear from Jesper Moller, Head of Offshore Concepts & Solutions at Siemens Gamesa, and DNV’s Lucy Craig, Vice President of Technology & Innovation, about the key developments in floater technology and the wider infrastructure needed for them to thrive. Meanwhile, Sebastian Bringsværd, Head of Floating Wind at Equinor, and Stephane Cicolella, Business Integration Manager & Commercial Director at Eolfi (a Shell company), also give their views on the need for policymakers to create the conditions required to prove the viability of this potentially revolutionary technology. To find out more or read the transcription, please visit www.dnvgl.com/talksenergy

Floating offshore wind is an emerging technology with an exciting future – providing access to abundant wind power over deeper waters than bottom-fixed turbines. But how can countries harness the potential of this technology to reduce their carbon emissions and meet ambitious climate goals? In episode one of this special edition documentary podcast, we examine the vast potential that floating wind technology has as part of the global energy transition and explore the cross-industry collaboration that is enabling rapid progress to be made. We also address the challenges of implementation and some of the barriers that must be overcome if the potential of this technology is to be maximized. Join us as we talk to industry leaders at the very forefront of design, manufacturing, and implementation, including representatives from Equinor, Siemens Gamesa and Eolfi (a Shell company). From discussing the early headway that is being made in Europe, we also go on to speak to representatives from the Japanese Wind Power Association (JWPA) and South Korea’s Daewoo Shipbuilding & Marine Engineering Company (DMSE) to learn about major plans for the technology’s important role in South East Asia. To gain a holistic view of development and global implementation, DNV’s Group President and CEO Remi Eriksen, and Vice President of Technology & Innovation Lucy Craig, give us their input on how this exciting and emerging sector is giving access to new markets around the world and positioning itself as a major contender in the future energy mix. In episode two of this documentary, published on Thursday 25 February, we take a closer look at the specific roles of technology and policy in driving development forwards. Tune in next week. To find out more or read the transcription, please visit www.dnvgl.com/talksenergy

To conclude the tenth series of our DNV Talks Energy podcast, we look at the action that needs to be taken to accelerate the energy transition. Having spoken to many of DNV's customers throughout this thought-provoking series, here we speak with two of our colleagues. CEO of DNV Energy Systems, Ditlev Engel, and Vice President Technology & Innovation, Lucy Craig, provide their insights based on the ‘five calls to action’ in DNV's 2020 Conclusions report, part of the Transition Faster Together series. We hear how DNV GL is very optimistic about technological development, but less so over the role of regulation – with the onus on industry to drive change. We also discuss carbon reduction targets, and Ditlev shares his view that the long-term ambitions of individual countries will only be met through highly specific year-on-year commitments. To find out more or read the transcription, please visit www.dnvgl.com/talksenergy

Solar power has huge potential to be a driving factor in the energy transition over the next five years. In fact, Harald Överholm, CEO and co-founder of Alight believes solar could account for up to 50% of global energy production within our lifetime. In this episode Harald discusses some of the critical success factors of solar energy, including its low price, sustainability and scalability – all of which result in solar being one of the most accessible energy sources available for both the corporate and consumer markets. We also discuss some of the incremental advances in solar technology that are helping to reduce costs and boost demand from larger corporates, and the impact this has on the industry as a whole. Finally, Harald describes the vital role of entrepreneurs within the renewable energy industry to bring new passion, vision and experience, all of which will help increase momentum for the energy transition. To find out more or read the transcription, please visit www.dnvgl.com/talksenergy

How can collaborative partnerships help sustain the rapid acceleration of the renewable energy industry? Scott Harden, Chief Technology Officer at Microsoft – Energy, describes the energy transition as one of the greatest endeavours since we put people on the moon and talks about the importance of global collaboration in helping to achieve this. Scott outlines some of the innovative ways that Microsoft are seeking to reduce their own energy consumption to work towards their goal of becoming carbon negative, and some of the exciting partnerships they have formed with other businesses committed to playing their part in the renewable energy transition. Finally, he touches on the importance of developing a culture for change in businesses that starts at the top – but doesn’t end there. He believes courage will be required by all businesses to help meet our collective goals. To find out more or read the transcription, please visit www.dnvgl.com/talksenergy

With the price of technologies such as wind and solar PV continuing to fall, investments in renewable energy are delivering higher returns than those in fossil fuels in many parts of the world. But will the financial incentive alone be enough to keep us on track with the Paris Agreement? Christina Sørensen, Senior Partner at Copenhagen Infrastructure Partners, discusses why we need to completely rethink the network that renewables feed into, if clean energy technologies are to have an equal share of the energy mix within a generation. With faster policy development being critical to facilitating change, Christina also shares her views on why greater trust and collaboration between stakeholders is required – whether it’s policymakers, energy companies or developers – and why they should be thinking holistically about demand, as well as supply. To find out more or read the transcription, please visit www.dnvgl.com/talksenergy

What is the role of infrastructure in accelerating the energy transition? Antonio Cammisecra, Head of Global Infrastructure & Networks at Enel states that for every dollar spent on energy generation, the same or more must be spent on infrastructure, in order to adequately address the demand created by widespread electrification. Antonio passionately describes his belief that over the next 10-15 years, the energy sector will witness significant integration of renewables, but only with the help of technology and digital innovation. Additionally, he discusses whether current grid expansion and digitization efforts will be enough to facilitate the level of renewable energy adoption to meet the Paris Agreement aims. He provides his insights on working with policymakers to ensure the industry is able to fully embrace electrification and create truly resilient and efficient energy infrastructure. To find out more or read the transcription, please visit www.dnvgl.com/talksenergy

How can we harness the power of new and emerging technologies to meet clean energy goals? Gavin McCormick, founder of non-profit technology company WattTime, argues that we need to think beyond generation of renewable energy to focus on the exact moment we use it, if we’re going to see real change in the next five to ten years. In this first episode of our new series, we take a look at the big picture in terms of global emissions, and how new AI tools are helping consumers to automatically use energy when it’s at its cleanest. Gavin, who is a behavioural economist, explains the need for a shift in mindset – from blaming energy producers and users for emissions to empowering them to make smarter choices. He also discusses the impact of COVID-19 on corporate consumption levels, and the role data will play in redesigning utilities’ energy efficiency programmes. Finally, he shares his view on what will enable us to Transition Faster Together to a clean energy future. To find out more or read the transcription, please visit www.dnvgl.com/talksenergy

The COVID-19 pandemic has impacted every corner of society, including the renewable energy industry. With the demand for fossil fuels falling significantly, and countries focusing on how the economy will recover, what does the future hold for the climate emergency? In this final episode, Ditlev Engel, CEO of DNV Energy Systems, reflects on the topics raised during the series and explores how governments, businesses and other key decision-makers can work together for change, both in the fight against COVID-19 and in accelerating our transition towards a clean energy future. Suggesting we need to “think big” when it comes to decarbonization, Ditlev explains that we have the technology needed to support the energy transition, but more regulatory reform and finance is required to further these opportunities and replace existing fossil fuel capacity. To find out more or read the transcription, please visit www.dnvgl.com/talksenergy

Governments and policymakers around the world have been performing a balancing act in the wake of the Coronavirus pandemic – trying to keep people safe in a global health crisis at the same time as planning for economic recovery. But with so much going on, what does this mean for the global energy transition? Bob Perciasepe, President of the Centre for Climate and Energy Solutions (C2ES), explores how key decision-makers can continue prioritizing climate and clean energy policies, at the same time as introducing economic stimulus measures to fight the disruption caused by COVID-19. While the focus has been on providing immediate relief for individuals, families and businesses being impacted by the pandemic, Bob suggests that governments and policymakers now need to move forward and look at how they can harness global collaboration against COVID-19 and use it to fuel a journey towards a decarbonized world. To find out more or read the transcription, please visit www.dnvgl.com/talksenergy

With COVID-19 having a huge impact on communities around the world, will our basic instinct to stay safe have a lasting effect on our energy consumption choices? Jennifer Layke, Global Director for Energy at the World Resources Institute (WRI), explores the societal impact of the pandemic and how governments and policymakers should be taking a community-level approach to building smarter systems for the future. With the pandemic seeing billions of people confined at home, Jennifer discusses why individuals should rethink their consumption habits following COVID-19 and how we can work together in order to accelerate the transition towards a clean energy future. This includes investing in clean energy solutions, such as electric vehicle charging stations and upgrading energy efficiency within the public sector. To find out more or read the transcription, please visit www.dnvgl.com/talksenergy

How can economies recover from the COVID-19 pandemic whilst also ensuring that they meet clean energy goals? Dave Turk, Acting Deputy Executive and Head of the Strategic Initiatives Office at the International Energy Agency (IEA), discusses the importance of including renewables in economic stimulus packages and why clean energy technologies are showing resilience in these unprecedented times. In this first episode of our new series, Dave explores the impact COVID-19 has had on global energy consumption, with the IEA’s Global Energy Review 2020 finding that, despite a predicted 6% overall drop in global energy demand in 2020, renewable energy use will actually increase following the pandemic. He then discusses what learnings can be taken from the global response to the COVID-19 pandemic in order to transition faster together towards a clean energy future. To find out more or read the transcription, please visit www.dnvgl.com/talksenergy

According to DNV GL’s recent Energy Transition Outlook 2019 report, the world needs five times more wind power, ten times more solar power and fifty times more battery storage if we are going to limit global warming by 2030. In this last episode of the current series, Lucy Craig, Vice President of Technology & Innovation at DNV Energy Systems looks back at some of the topics discussed during series 8 to determine what the future really holds for the renewable energy sector. Concluding that we already have the technologies required for change, Lucy explains that the focus should now be on scaling-up existing technologies, as well as introducing the extraordinary policy action needed to support their uptake. With ten years left to prevent the catastrophic impact of climate change, now is the time to act by ensuring that we accelerate the changes that we are already seeing today. To find out more or read the transcription, please visit www.dnvgl.com/talksenergy

According to the Intergovernmental Panel on Climate Change (IPCC), we have just a decade left to get climate change under control, with technology innovation expected to play a major role in the efforts to keep temperatures at 1.5C. Brianna Welsh, Vice President and Head of Asia at Sindicatum Blockchain Technologies, discusses the impact of new technologies on the energy sector, specifically how blockchain is being used to encourage more sustainable consumption practices around the world. While consumers have traditionally had little influence over how they use energy, Brianna explains that blockchain and other digital technologies are helping to pave the way for a decentralized energy system and new business models within the renewables space. This includes the rise of peer-to-peer microgrids and the concept of ‘prosumers’, where individuals can power their own consumption and sell energy back to the grid. To find out more or read the transcription, please visit www.dnvgl.com/talksenergy

With climate change now a global issue, legislation is increasingly being introduced to ensure countries remain committed to lowering their carbon footprint. In this episode, Dr Matthias Lang, Partner at Bird & Bird LLP, explores the role the legal sector is playing in the global energy transition, including how regulation can act as a technology innovation enabler. As outlined in DNV's Energy Transition Outlook 2019 report, the world needs to see “extraordinary policy action” if we are going to meet The Paris Agreement goals by 2030. Matthias explores why lawyers and policymakers should be supporting public and private sector businesses in understanding that change can be introduced efficiently at the same time as delivering positive results. To find out more or read the transcription, please visit www.dnvgl.com/talksenergy

Today’s consumers are increasingly aware of the issues around energy efficiency, as well as the impact of their footprint on the planet. Dr Phyllis Yoshida, Senior Fellow for Energy and Technology at the Sasakawa Peace Foundation USA, looks at how the energy efficiency conversation is moving on and what is needed to help the world commit to making sustainable choices in the long-term. While prices are coming down for renewable energies, Phyllis argues that incentives from governments, regulators and consumers will still be required in developing markets if utility companies are going to make the cultural shift towards clean energy, at the same time as remaining profitable. To find out more or read the transcription, please visit www.dnvgl.com/talksenergy

In 2019, the Saudi Arabia oil facility attacks raised huge questions about energy security - with the incident wiping out nearly half of the country’s estimated output and 5% of global production. Keisuke Sadamori, Director of Energy and Security Markets at the International Energy Agency (IEA), explores energy security in the age of renewables. He explains that incidents of extreme weather are destabilizing renewable energy systems and infrastructures around the world, and this will likely become a major energy security concern in future. In addition, Keisuke also examines how digital technologies may be opening the door to a new mix of cyber threats, which could impact on the renewable energy industry and the rate of its adoption. To find out more or read the transcription, please visit www.dnvgl.com/talksenergy

According to DNV’s Energy Transition Outlook 2019 report, the world needs ten times more solar power to limit global warming by 2030. In this episode, Gavin Adda, CEO of Distributed Generation at Total, explores the changing role of traditional energy companies, with many now diversifying and looking at renewables to help them reduce their carbon emissions, meet changing consumer demands and address new government policies on climate change. With solar power playing a major role in this transition, Gavin explains that global corporates such as Google and Apple are recognizing the benefits to clean energy and starting to put pressure on their wider supply chain. This, alongside cheaper prices for energy such as solar, is helping developing markets to transition more quickly than ever before. To find out more or read the transcription, please visit www.dnvgl.com/talksenergy

Global wind power capacity is estimated to grow by 60% in the next five years, with emerging markets such as Asia expected to play a major role in this transition. Clive Turton, President and Chief Executive Officer, Asia Pacific, at Vestas, discusses the rise in wind power and what more needs to be done to ensure a faster decarbonization of the global energy market. With DNV’s Energy Transition Outlook 2019 finding that five times more wind power is needed to close the emissions gap by 2030, Clive explains why education on clean energy is still needed to ensure that policymakers around the world are making the required investment to help slow climate change. To find out more or read the transcription, please visit www.dnvgl.com/talksenergy

Technological innovation has resulted in the cost of renewable energies such as wind and solar continuing to fall, with wide-scale deployment seen over the last two decades. Jon Moore, CEO of BloombergNEF, explores the future of investment behaviour, including the impact of consumer uptake rates, and why transparency is critical to moving the industry forward. With DNV’s Energy Transition Outlook 2019 report calling for $1.5 trillion in annual investment by 2030, Jon explains how initiatives such as the Taskforce for Climate-Related Financial Disclosures (TCFD) are helping businesses and investors to better understand their exposure to climate risk, opening the door to significant levels of investment in future. To find out more or read the transcription, please visit www.dnvgl.com/talksenergy

The energy industry is widely recognised for its role in addressing climate change. However, it’s important to remember that other sectors – from agriculture and transportation to manufacturing – must equally evolve to ensure a faster transition towards renewables. Dr Lawrence Jones, Vice President, International Programs, at the Edison Electric Institute (EEI), discusses the importance of taking a holistic approach to this global issue, including the need for more inclusive policy change. With billions of people in the world still lacking basic access to electricity, Lawrence explores the complexities around the idea of “inclusive transition” and how developing economies will require ongoing support and empathy from the rest of the world if they are to access cheaper renewable energy systems in future. To find out more or read the transcription, please visit www.dnvgl.com/talksenergy

What role is technology playing when it comes to closing the global emissions gap? Remi Eriksen, Group President and CEO of DNV Energy Systems, explores the key findings from the 2019 Energy Transition Outlook (ETO) report and discusses what more can be done globally to accelerate the energy transition. In this first episode of our new series, Remi explores why “extraordinary policy action” is needed to meet the Paris Agreement climate goals. Finding that $1.5 trillion of annual investment is required by 2030, governments must act now to benefit from the continued innovation in renewables, including wind, solar PV and energy storage. While the focus should be on the scaling-up of existing technologies, Remi explains what DNV is doing to harness the new, collective focus on climate emergency in order to progress the energy transition. To find out more or read the transcription, please visit www.dnvgl.com/talksenergy

The electric car industry is growing, with half of all light vehicle sales worldwide expected to be electric by 2032. In this last episode of the series, Lucy Craig, Vice President of Technology and Innovation at DNV Energy Systems, looks at the not-too-distant electric future, the benefits and challenges of large-scale electric vehicle adoption and what this means for renewable energy generation moving forwards. While recent news revealed that combined European sales of both battery and plug-in hybrid electric vehicles totalled 259,000 in the first six months of 2019, growth is also being seen in developing countries. For example, India recently announced a new policy to foster greater demand for electric vehicles in a bid to reduce traffic congestion and air pollution, particularly in urban centres. But how close are we to an electric future and what impact will it have on the wider fight against climate change? To find our more or read the transcription, please visit: https://www.dnvgl.com/energy/publications/podcast/electric-vehicles.html

Despite the challenges that faced large-scale solar deployment several years ago – mostly due to the need for a more ambitious price target – the industry is now booming. In this episode, Dana Olson, Global Solar Segment Leader at DNV, explores the coming of age in solar power, the benefits already being seen and how advancements in technology are pushing it towards an even brighter future. Recent research has found that the solar market is going from strength to strength, with global solar installations set to reach a record high of 114.5 gigawatts in 2019, up 17.5 per cent from 2018. But what does this mean moving forward? And what technologies must providers embrace to keep up with our changing energy ecosystem? To find out more or read the transcription, please visit: https://www.dnvgl.com/energy/publications/podcast/solar-pv.html

Corporate action on climate change is steadily gathering pace, with global retailer PUMA recently committing to a 35 per cent reduction in its carbon emissions by 2030. In this episode, Juliet Davenport, Founder and CEO of Good Energy, looks at what it means to be a regenerative business, and what companies need to do to not only operate sustainably themselves, but to give back and support others in the fight against climate change. In recent news, Chief Executives from the non-profit association Business Roundtable – which includes senior leadership from the likes of JPMorgan, Amazon and Apple – have pledged to look beyond shareholder value and redefine the role of business in society, including a need to protect the environment. With this renewed sense of urgency, what should organizations’ next step be in futureproofing both their business and the planet? To find our more or read the transcription, please visit: https://www.dnvgl.com/energy/publications/podcast/regenerative-business.html

The energy transition is picking up pace, with up to 80 per cent of the global electricity expected to be generated from renewable sources by 2050. In this episode, Michael Wilkinson, Global Segment Leader – Energy Digitalization at DNV, explores how digital technologies such as Artificial Intelligence, machine learning and advanced analytics can streamline the move towards a Decentralized and Decarbonized energy system. In recent news, a significant power outage was recorded in the UK, as two of National Grid’s large power generators, a gas-fired power station and an offshore wind farm failed simultaneously and left nearly one million people without electricity. With the race towards renewables continuing, how can energy businesses ensure they’re embracing the opportunities digital technologies have to offer? To find our more or read the transcription, please visit: https://www.dnvgl.com/energy/publications/podcast/artificial-intelligence.html

Climate change is becoming more and more tangible – every day we are seeing the devastating consequences of a warmer world in the news. Amy Harder, Energy Reporter at Axios and formerly The Wall Street Journal, discusses her take on the eight pieces of the climate change puzzle and what she looks for when writing a story on this hugely topical, yet still divisive, issue. In recent news, global movements like the School Strike 4 Climate are taking centre stage, while policymakers and business leaders continue to pull in different directions on the issues at the heart of the climate change emergency. But with so many parties to please, is the conversation around climate ever going to ignite real change? To find our more or read the transcription, please visit: https://www.dnvgl.com/energy/publications/podcast/the-climate-change-puzzle.html

In 2018, global investment in energy totalled US $1.8 trillion, with investment in renewable energy exceeding US $332 billion. Carlos Albero, Global Finance Segment Leader at DNV Energy Systems, explores how embracing digitalization and embedding it in decision-making can enable businesses to become more profitable. While recent news has shown countries around the world setting ambitious new targets to help combat climate change, renewable energy investors and developers are increasingly turning to new forms of financing and digital technology to build effective investment strategies. But how is digitalization really transforming the energy finance sector? To find our more or read the transcription, please visit: https://www.dnvgl.com/energy/publications/podcast/energy-finance-the-future-is-digital.html

The renewable energy sector is undoubtedly modern. It’s powered by the latest technology and good for the planet. It’s also a source of a significant number of jobs. But, how is it performing in terms of diversity? Katy Briggs, Global Service Area Leader for Renewable Advisory Services at DNV Energy Systems, energizes the diversity debate by discussing her own experiences in the industry – casting an expert eye over the opportunities for women working in, or trying to get into, the renewable energy sector. In the latest episode of this new series, Face the Facts, Katy shares her opinion and insight on the most recent major global news stories about diversity and the energy transition. In Africa and Asia, new census data shows that rural electrification using distributed renewable energy is going to create a significant number of new jobs by 2023. However, women are filling just one-fourth of these jobs, while in the US, women make up only 13% of the non-fossil power sector workforce. With the issue of diversity dominating headlines and becoming a global talking point for communities, business leaders and governments, it’s time to face the facts. To find out more or read the transcription, please visit: https://www.dnvgl.com/energy/publications/podcast/energizing-the-diversity-debate.html

Michael Liebreich, Chairman and CEO of Liebreich Associates, and Founder of Bloomberg New Energy Finance, explores why businesses, investors, communities and individuals need to “act now” to prevent global warming from reaching dangerous levels and to create resilient industries, infrastructure and cities. In the run up to Storm Barry, there was huge disruption around the Gulf of Mexico, with people facing heavy rains and winds, damage to property and loss of power. Oil production in the region was cut by a third, causing prices to rise by 4.5%. This is just one example of how natural disasters are impacting our world today. What do businesses, societies and governments need to do to become more resilient against the climate change emergency? To find our more or read the transcription, please visit: https://www.dnvgl.com/energy/publications/podcast/road-to-resilience.html

In the 1950s, America and Russia went head-to-head to dominate space travel. Today its China and the US who are setting out to control the emerging global market around energy storage. It’s a fascinating competition – with huge rewards for whoever wins. Jason Goodhand, Global Business Lead for Energy Storage at DNV Energy Systems, assesses the two main players in this Energy Race, and looks ahead to who may win. Will it be China? The US? Or the millions of energy consumers around the world? In the latest episode of this new series, Face the Facts, Jason shares his opinion and insight on the most recent major global news stories about the energy transition. In the US, a large Southeastern Utility has unveiled plans for five gigawatts of energy storage over the next 20 years. Meanwhile over in China, the World Bank has just approved a loan for 750 million US dollars, to pay for a new energy storage accelerator programme. Now the Energy Race is on, it’s time to face the facts. To find our more or read the transcription, please visit: https://www.dnvgl.com/energy/publications/podcast/energy-the-new-space-race.html

Is the fear of a major cyber-attack holding energy companies back from connecting to more smart technologies? And what does this mean for the growing risk of climate emergency? Mathias Steck, DNV Energy System's Executive Vice President and Regional Manager for the Digital Hub Asia, analyses the link between climate emergency and cyber security for energy companies, and what business and society needs to do to future-proof against the impact of both. In the first episode of this new series, Face the Facts, Mathias shares his opinion and insight on the week’s most significant global news stories. The UN is calling on governments to stop building new coal plants by the end of 2020. And 75% of energy companies are avoiding greater connectivity to smart technologies – because of fears around cyber security. Now that climate change has officially been upgraded to climate emergency, it’s time to face the facts. To find our more or read the transcription, please visit: https://dnvgl.com/face-the-facts

Is the Internet of Things (IoT) the key to the energy transition? Colin Yu, VP of Envision Digital, discusses how IoT can enable our sustainable future. He sees synergy replacing cost as the main priority of energy providers and considers how IoT is evolving. In the final episode of this series, Colin shares his experience of connected renewable energy sources and systems, drawing on Envision’s expertise in China to explain how deep knowledge of both the technology and local policy are crucial to the successful implementation of data driven – smart energy grids. He looks at how data sharing must become more widespread to unlock the value of digitalization on a global scale and considers how learnings can be transferable across international borders without running into regulatory issues. Finally, Colin explains why, like DNV, Envision has chosen Singapore as its digital hub, discussing the characteristics of the local economy and the government’s support for new technology in its quest to make the island state the world’s most livable city. *This episode was recorded live at the Singapore International Energy Week 2018.

In a landscape defined by disruptors, what is the role of an energy company with a heritage in traditional energies? Wouter van Wersch, Vice President of General Electric (GE), looks at how they fit into the changing energy world, and considers the specific needs of Southeast Asia. In this insightful episode, we discuss the progress of the energy transition in the ASEAN region and GE’s role in developing the infrastructure needed to meet the region’s huge demand for electricity. With its mix of markets from the mature to those where millions have no electricity, Wouter outlines the pressing need for improved infrastructure in Asia, where investment is needed not only in generation but also transmission and new technology. He describes how smart data can reduce the environmental impact of traditional energy sources deployed alongside renewables. Finally, he highlights how governments in the region can support variable grids and other elements of the energy transition through the introduction of incentives and new regulatory frameworks. *This episode was recorded live at the Singapore International Energy Week 2018.

Ben Backwell, CEO of the Global Wind Energy Council, highlights the extraordinary growth in the wind industry globally, and how an industry that was once seen as niche and expensive has been transformed into one that is both mainstream and cost-effective. In this enlightening episode, Ben reveals the advances in technology that have helped to establish wind as a credible alternative to fossil fuels. He also describes how those same technologies have enabled a ‘full system approach’ where wind, solar and hydro complement each other to counteract the challenges traditionally associated with variable energy sources. He outlines why, how and where other renewable sources can work best alongside wind in this way, reducing the need for storage and the reliance on fossil fuel baselines in energy grids. However, he cautions that much of the world, including the Asia Pacific region, has a great deal to do before the infrastructure and regulations needed to support this ‘complementarity’ are in place. *This episode was recorded live at the Singapore International Energy Week 2018.

What is the role of the energy sector in the energy transition? DNV GL hears from Duncan van Bergen, Vice President of Shell New Energies, about Shell’s vision for the future and the scale of transformation required. In this engaging episode, Duncan discusses the dual challenges of growing energy demand and a lower carbon future, with the population heading for 10 billion by 2070. Duncan tells us how Shell is investing in electricity retail, decentralized power, new fuels and electric mobility. He addresses the urgency issue raised by the IPCC report and highlights the unparalleled transformation needed to meet it. Duncan shares Shell’s ‘Sky’ scenario work, showing that a target of well below 2°C is possible and is therefore imperative that we try to achieve it. He shares examples of the scale of the challenge ahead and points to how Shell will manage the transformation with industry partnerships. Finally, Duncan tells us how he sees for the sector, both a mixture of daunting responsibility and business opportunities in the future. *This episode was recorded live at the Singapore International Energy Week 2018.

Why should investors be interested in the energy industry? Carlos Albero, Global Finance Segment Leader for DNV Energy Systems, looks at new markets created by the energy transition. In this insightful episode, Carlos explains why the energy sector, with its forecasted exponential growth in electrification, is growing increasingly attractive to investors. He describes the unique nature of the market and the critical importance of regulatory frameworks, technological maturity and market revenue projections when making investment decisions, before giving us some investment advice of his own. He also talks about the positive role competitive energy markets can play in the energy transition but highlights the work still to be done, particularly in emerging economies, before national grids can support the energy market of the future. *This episode was recorded live at the Singapore International Energy Week 2018.

How must energy companies adapt to serve their consumers? Philippe Monloubou CEO of Enedis, the electricity distribution system operator that delivers energy to 95% in France, looks at how the modern consumer is driving the energy transition. In this intriguing episode, Philippe tells us how changing consumer behaviours are leading to the development of local energy communities. As Enedis undertakes a major roll-out of smart meters, Philippe looks at how this huge volume of new data can be used to create a smarter network. He acknowledges the need for the industry to be brave about digitalization, believing ‘the bigger risk is not to adapt’ to the new landscape. Philippe explores the potential of microgrids, with the promise of access to electricity for all. He then talks about how people’s perceptions & behaviors towards electric vehicles are changing, and with increased demand & new technologies how companies like Enedis need to take quick steps to adapt to the change. Finally, Phillippe shares his takeaways from the Singapore International Energy Week: the emergence of both a sense of a shared challenge and the development of corresponding solutions. *This episode was recorded live at the Singapore International Energy Week 2018.

Growth of the renewable energy sector is essential to the Energy Transition but what challenges must the industry overcome in order to unlock that growth? Girish Tanti, co-founder and board member of Suzlon Energy, talks to us about the remarkable rise of his business in India and his unique perspective on the role wind plays in driving this rise in renewables. In this inspiring episode, Girish shares his first-hand experience of scaling a renewables business and the challenges he faced and overcame on his journey from an industrial energy customer to energy provider. He tells us that those challenges vary widely by region and even by country in terms of renewable types, existing infrastructure and regulatory frameworks. Finally, we discuss the important roles of digitalization, customer demand, pricing and finance in the successful growth of the renewable energy sector. *This episode was recorded live at the Singapore International Energy Week 2018.

In a world where information is having an ever-increasing impact on the nature of the grid, what are the implications of new technologies for data security and utilities’ business models? Drawing on his 20 years’ of experience, Martin Hauske, Asia Pacific Energy Segment Sales Leader at Nokia Networks, considers whether utilities, distribution grid operators and technology providers are working in isolation, and how they can come together. Martin discusses how a standardization of communication protocols could help companies move forward. While 5G and fast communication present questions of security, Martin describes the security solutions that can be applied to utilities. He looks at how technology and regulation can play together and believes utility companies must evolve in their role. Finally, Martin tells us how he is inspired by the ‘aggressive visions’ he has seen at the Singapore International Energy Week. *This episode was recorded live at the Singapore International Energy Week 2018.

How must banks and governments adapt their understanding of renewables and related technologies to better support the energy transition? Xiaodong Wang, Senior Energy Specialist at The World Bank, considers the many roles they play, not just as a lender, but also as a source of knowledge and a policy adviser. In this insightful episode, Xiaodong highlights policy-making as the main driver in creating market demand to bring in investment. Focusing on Southeast Asia, she tells us that she believes we must overcome the myth that renewables are more expensive and acknowledges that investors struggle to find bankable projects in the region. Banks, she says, will come to understand that clean energy is good for their bottom line, and that after initial resistance, utilities too will get on board. Finally, Xiaodong addresses the urgency issue highlighted in DNV’s 2018 Energy Transition Outlook and The World Bank’s Climate Change Strategy. *This episode was recorded live at the Singapore International Energy Week 2018.

How have the energy megatrends changed? Ditlev Engel, CEO of DNV’s Energy business, tells us about the 2018 Energy Transition Outlook (ETO) and contrasts its vision with the findings of the first ETO report, published in 2017. In this first episode in our latest series, Ditlev reveals how rapid electrification and the rise of renewables are driving the energy transition. Despite this, our latest Outlook predicts that the world is not on track to meet the Paris Agreement climate goals. With this in mind, Ditlev stresses the need for action. His advice that: ‘Whatever we can do, we must’, is a timely reminder to governments and the industry not to play a waiting game. With the ever-improving efficiency of energy technologies, he sees the global energy transition as both achievable and affordable. Finally, Ditlev reveals how businesses can lead the way, advocating the power of engagement to accelerate change. *This episode was recorded live at the Singapore International Energy Week 2018.

Will we all be driving around in shared autonomous electric vehicles in the future? DNV talks to Franck Vitte, Managing Director of BlueSG, Singapore’s first electric car sharing service about the future of transportation in cities. In this final episode of the current series, Franck explains BlueSG’s decision to bring shared electric vehicles to Singapore; the challenges that they have faced; and what he believes the future holds. He also shares his views on why the city state is the ideal setting for the car sharing model and why, despite the country’s limited levels of renewable energy generation, this is still an energy efficient proposition. Finally, Franck gives us an insight into the future of electric vehicles and how they can still capture the imagination of the car enthusiast.

Many companies are adopting new technologies to improve their capabilities, but is this making them more vulnerable to cyber attacks? DNV talks to Magda Chelly, Managing Director of Responsible Cyber, about the risks of operating in an increasingly digitalized corporate landscape, and how businesses can better protect themselves. In this insightful episode, Magda gives us her definition of cyber security; explains what she means by the three key cyber security pillars of people, technology and process; and why these are critical to preventing cyber attacks. She also details some of the challenges faced in protecting our data, and provides her views on how the risks of attacks can be reduced. Finally, Magda gives us an insight into the perpetrators of these attacks, and how they are also using developments in technology to their advantage.

With Formula E shining the light on the e-vehicle revolution it has never been a more exciting time for the future of transport. We talk to Johan de Villiers Managing Director of ABB in South East Asia, about how digitalization, electrification and developments in battery storage are transforming how we get around. In this forward-thinking episode, Johan shares ABB decision to become the series sponsor for the Formula E motor racing championship, and how this exciting new sporting series is helping to pioneer developments in sustainable transport. He explains how developing technologies are facilitating e-vehicles’ rise in popularity; the impact of digitalization through car sharing apps and autonomous vehicles; and the resulting challenges faced by the grid and e-vehicle users and gives some solutions. Finally, Johan gives us an insight into the developments in robotics, and how they are likely to impact on manufacturing and trade in the future.

In this latest episode, Kirk shares his views on how data is helping to drive energy efficiency and reduce climate change. Kirk explains why it is important to collect data from many different sensors to help us to fully understand the position on climate change; the importance of integration of data sources to break down the silos of information available; and how taking a prescriptive modelling approach will help us to achieve a better outcome for the planet. Finally, we talk to Kirk about AI, in particular Assisted Intelligence, and how humans and machines are working together to filter and understand the significant amount of data available.

What fundamental principles must be established before a city can become a Smart City? DNV talks to Gordon Falconer, Global Director Smart Cities for Schneider Electric, about the growing trend for global cities to develop ‘smart’ capabilities; what this means for its citizens; and what steps governments are taking as they look to the future. In this engaging episode, Gordon shares his views on what being a Smart City really means; how the ASEAN cities are approaching the transition; and the challenges that they are facing. He also gives us an insight into the balance between developing green field and brown field Smart Cities; and addresses some of the factors involved in financing the projects. Finally, he discusses some of the visible and less visible signs that a city is using technology to improve the lives of its citizens.

With new and innovative technologies developing at record pace, DNV’s Michael Wilkinson, Global Segment Leader, Energy Digitalization, gives us some advice on how to see through the digitalization hype and better understand the solutions that can help to transform the electricity sector. In this digitally acute episode, Michael gives us an overview of the technologies that are driving the digitalization revolution and introduces DNV’s latest whitepaper - Data Analytics in the Electricity Sector, which examines the current role of data analytics, and its likely influence on the energy systems of the future. He gives examples of how digitalization aids the forecasting of renewable energy flows, and so enables operators to better respond to demand; the impact on energy trading and markets; and how technologies such as blockchain are transforming local energy communities. Finally, Michael touches on the regulatory challenges arising from the introduction of these new technologies. For more information you can download the Data Analytics in the Electricity Sector whitepaper here: https://www.dnvgl.com/publications/data-analytics-in-the-electricity-sector-131778

Behind every risk there is an opportunity. In the last episode in this series, Sven Mollekleiv, Senior Vice President, Group Sustainability at DNV, explains how DNV’s Global Opportunity Report focuses on turning risks into opportunities to support sustainability. In this interesting episode, Sven explains the origins and purpose of the Global Opportunity Report, and how it is being used by the UN Global Compact as the basis of their business strategy. He introduces the Global Opportunity Explorer and discusses how this innovation hub is enabling organisations to work together to create sustainable solutions. He also touches on the progress of the Global Assembly’s 17 Sustainable Development Goals (‘SDGs’), and the concern that four of the 17 SDGs are falling behind the 2030 targets. Finally, Sven gives some insight into the Energy Industry Conference 2018 in Dubai, and specifically, on why businesses must be involved in creating the smarter solutions of the future. *This episode was recorded live at the Global Smart Energy Summit 2018. To learn more visit https://www.dnvgl.com/about/sustainability/global-opportunity-report/index.html

Will only autonomous electric vehicles be available in the future? DNV talks to Christina Bu, Secretary General of Norwegian Electric Vehicle Association about the incredible advancements made by the electric vehicle (‘EVs’) industry and considers the impact that this is having on the car industry today. In this forward thinking episode, Christina shares with us her incredible experience and knowledge of the EV industry. She explains how Norway became the leading country in the adoption of electric vehicles, and in doing so, how it has tackled the myths surrounding EVs. Christina also highlights the changes in the EV consumer market; reveals how this market has matured over recent years and which brands are likely to become the driving forces in EV manufacturing. Finally, Christina looks to the future and explains which new technologies and countries are likely to make a significant impact as the EV market continues to grow. *This episode was recorded live at the Global Smart Energy Summit 2018.

Artificial intelligence, machine learning and an increase in data are transforming the energy sector. In this latest episode of our podcast series, DNV talks to Norv Klontz, Director, Data Science Innovation at Duke Energy about the current role of the data scientist and how we can expect it will evolve in the future. Large investments into the smart grid are giving rise to an increase in intelligent devices across the distribution network. We talk to Norv about the resulting growth of data available, and the benefits that this has for the consumer. Norv explains the impact that increased data and data analytics is having on utilities, and shares with us the challenges that this is causing. Finally, Norv gives his views on how he sees the role of the data analyst changing in the future, and what these developments might mean for the energy market around the Middle Eastern region. *This episode was recorded live at the Global Smart Energy Summit 2018.

In a region so historically reliant on oil, what does the future hold for the United Arab Emirates? In this latest episode of our podcast series, DNV talks to Graeme Sims, Executive Director of Dubai’s electricity and water regulator, Regulatory and Supervisory Board (‘RSB’), about how Dubai and the other Emirates are adapting to the energy transformation. In this insightful episode, Graeme takes a look at the region’s journey into a new, more sustainable world. He explains how RSB has supported Dubai during their significant growth in energy demand, and highlights some of the learnings for other cities from Dubai’s experiences, such as their development of district cooling schemes. Graeme gives us an insight into the local approach to renewables, and in particular his thoughts on electrification and the impact that this is having on the region. Finally, Graeme gives us an overview of the themes discussed at the Global Smart Energy Summit and his views on energy subsidy reform. *This episode was recorded live at the Global Smart Energy Summit 2018.

As new technologies continue to disrupt the energy sector, what are we doing to ensure that they are available in every community? In this latest episode of our podcast series, DNV talks to Andy Karsner, Managing Partner at Emerson Collective about the main drivers behind the aim for sustainable and affordable energy for all. In this fascinating and thought-provoking interview, Andy considers whether new technologies are helping to reduce the inequities in global access to energy. We look back to the original promises made at the time of Thomas Edison’s great inventions, and discuss how the promise of providing energy for all needs to be updated to reflect the modern world. We also discuss the DNV Energy Transition Framework for Cities report and Andy shares his views on who should drive the move towards sustainable and affordable energy, and what the markets can do to support this transition. Finally, Andy gives some insight into the reasons for the imbalance in the efficient use of energy across the globe, and explains why he believes that true energy efficiency is about doing more with the energy that we have, not attempting to live with less. *This episode was recorded live at the Global Smart Energy Summit 2018. To learn more visit https://www.dnvgl.com/publications/energy-transition-framework-for-cities-113038

Electric vehicles; data security; blockchain; and other digital solutions are being adopted around the globe. Brian Williams, Industry Value Advisor Expert at SAP, shares his views, and some cautionary advice with DNV, on the impact of these emerging technologies on sustainability and the energy transition. In this insightful episode, we talk to Brian about the impact of the energy transition on the European, Middle Eastern and African power grids; and explore how these markets are using differing renewable solutions to meet their energy mix requirements. Brian gives his views on the growing electric vehicles market; explains why SAP is focusing their attention on helping commercial clients to optimize their fleets; and considers the impact of fluctuating demand for electricity on both the utilities and consumers. Finally, Brian shares his thoughts on blockchain; the security concerns for future users, and the biggest opportunities arising for the energy sector. *This episode was recorded live at the Global Smart Energy Summit 2018.

As renewable energy takes an increasingly large proportion of the energy mix, concerns remain over the inconsistent nature of the supply. DNV talks to Dr Martin Keller, Director at National Renewable Energy Laboratory, about the storage solutions available to help bridge these gaps, and how the nature of storage is likely to evolve in the future. In this very informative episode, we consider how the energy infrastructure must adapt to cope with a significant proportion of renewables in the energy mix. Martin shares his engaging insights into the role of the consumer in creating a two-way grid of the future, enabling customers to both take from and give back to the grid. He also considers the main drivers that will encourage consumers to engage in this way, and what regulatory and pricing incentives might need to be applied. Finally, Martin explains the impact that new technologies are having on investments into renewable energy, and gives his thoughts on the opportunities for more cost-effective storage solutions around the United Arab Emirates. *This episode was recorded live at the Global Smart Energy Summit 2018.

Can our grids cope with the growing demand for new technology solutions? In this latest podcast episode, DNV talks to Jeroen Scheer, Chief Technical Officer of Alliander, about the impact of new solutions and renewables on the grid, and how DSOs are preparing to cope with this increasing demand. In this informative episode, Jeroen gives his views on the main challenges faced in the energy transition from a Distribution System Operator’s perspective. He discusses the current transition from a grid managed at a national level, to one that is more regional; and the role of the TSOs and regulators. Jeroen addresses questions on - how to ensure that the grid does not become overloaded due to increasing demand; how can a utility keep up with the growing requirements for installation of renewable solutions; and what is the effect that this is having on the engineering talent pool? Finally, Jeroen shares his thoughts on the impact of the transition on retailers, and gives some insights into how they will evolve in the future. *This episode was recorded live at the Global Smart Energy Summit 2018.

What will it take for our cities to become both sustainable and carbon neutral in the future? Betty Seto, Head of Department for Sustainable Buildings and Communities at DNV, discusses the findings of our report, Energy Transition Framework for Cities, revealing how mid-sized cities around the world are using innovative initiatives and policies to help them to achieve their ambitious sustainability goals. In this first episode in our latest series, Betty considers the seven dimensions, or habits, adopted by highly effective cities to aid them in their ultimate goal of achieving a sustainable and carbon neutral community. She reveals how many mid-sized cities are leading the way in setting ambitious targets to achieve this, and discusses the motivation behind their strategies. Betty highlights the activities of cities such as Palo Alto, US and Bristol, UK, and explains how other cities around the world can learn from their innovative approaches. She also reflects on the role of investors, and the challenges that cities face in securing funding for their initiatives. Finally, Betty explores how partnerships with private & public sector companies can benefit cities and how the sharing of knowledge and expertise can help to achieve ambitious climate targets. *This episode was recorded live at the Global Smart Energy Summit 2018. To learn more visit https://www.dnvgl.com/publications/energy-transition-framework-for-cities-113038

A local marketplace enabling communities to choose where their power comes from - is the microgrid the future for consumers? DNV discusses the Brooklyn Microgrid project with Belinda Kinkead, Director of LO3 Energy, Australia, and discovers how it will transform the way that we interact with our power supply. In this thought-provoking episode, DNV talks to Belinda about the creation of LO3’s Brooklyn Microgrid project. Belinda explains how it is both a virtual and a physical microgrid, and what this means for the community. She also shares the challenges that the project encountered, including regulatory and scalability issues; details of how the system operates technically; and the innovative way that blockchain has enabled customers to buy and sell energy. Finally, we discuss how this type of system could help those living in natural disaster zones. *This episode was recorded live at the Singapore International Energy Week 2017.

With an abundance of devices, networks and platforms coming together to create a complex environment, how easy is it to create the perfect IoT system? Ludovic Lassauce, Director of IoT and Mobility at Tata Communications considers the benefits and challenges of global communication in today’s digital era. Modern-day businesses use a multitude of platforms, systems and networks all with different protocols and languages. So how do we ensure that they are all able to connect seamlessly? In this engaging and informative interview, Ludovic discusses the challenges in creating an increasingly connected world. He explains why customers will no longer tolerate an inability to connect globally, and introduces the Tata Communications’ platform, ‘MOVE’, which aims to enable a borderless mobile experience. Finally, Ludovic shares how advancements in communication have and will continue to impact on our lives through technology. *This episode was recorded live at the Singapore International Energy Week 2017.

Germany is leading the way in integrating renewables into their energy system. In this inspiring episode, Dr Dirk Biermann, Chief Markets and System Operations Officer at 50Hertz shares with DNV how 50% of renewables penetration has been achieved, and what lessons can be learnt by other countries wanting to follow suit. In this engaging interview, Dirk shares with us the three phases of successful high renewable penetration, and shares Germany’s findings on how to deal with the intermittent and decentralized nature of volatile renewables. He discusses how more adaptive pricing structures have supported the increased proportion of renewables; and shares his views on whether technology developments will have a further impact on price. He also gives us an insight into the innovative WindNODE Projekt, and discusses the delicate balance between capacity and scarcity of the power supply; alluding to what the future will hold in this regard. *This episode was recorded live at the Singapore International Energy Week 2017.

The most significant changes in the energy sector since the Industrial Revolution are upon us. DNV talks to CEO of VDE, Ansgar Hinz about some of the biggest issues currently affecting the energy market: the need for interconnectivity; the impact of digitalization; and the continued threat against cyber security. In this informative interview, Ansgar predicts how businesses will adapt to this drive towards digitalization and increased interconnectivity. He discusses the inevitable issues arising from an increasing number of platforms connecting; a greater number of sensors; machine learning and automated systems. Ansgar also shares his views on the steps required to manage mass data; and explains the solutions which will help us to do this most effectively. Finally, Ansgar discusses how cyber-crime is evolving; and how cross border connectivity will change the way we combat cyber-attacks in the future. *This episode was recorded live at the Singapore International Energy Week 2017.

With the increasing importance of renewable energy, grids must deal with the variability and intermittency of renewables generation. DNV talks to Paul Gardner, Segment Director - Storage at DNV, on the ongoing developments ensuring that storage solutions can support the growing energy demand. Our Energy Transition Outlook 2017 report concluded that the electricity demand will rise by 140% by 2050, and of this, 72% will be generated by renewables. However, with this transition comes challenges on output consistency. In this insightful interview, Paul gives an overview of the current solutions that will support and optimize renewable energy in the future, with a focus on storage. He explains the different options available; their most appropriate usage; and considers why some available storage technologies may no longer remain efficient in the future. Finally, as cost is often at the forefront of power generation discussions, Paul addresses what can be done to lower the cost of storage in the future . *This episode was recorded live at the Singapore International Energy Week 2017. To learn more visit www.eto.dnvgl.com

Decarbonization of our energy system is imperative to combat climate change, but also to protect our oceans. DNV talks to Jose Maria Figueres, former President of Costa Rica, and Co-Chair of the Global Ocean Commission, and Christiana Figueres, former Executive Secretary of the UN Framework Convention on Climate Change (UNFCCC), about the progress being made in achieving the target of a maximum temperature increase of 2 degrees, and what it will mean for our future if we fail. Decarbonization and the protection of our oceans are two sides of the same coin. In this vibrant and fascinating episode, Christiana and Jose Maria’s message to us couldn’t be clearer. We can only reach our goal by addressing these issues in tandem, and often the role of the ocean in preserving the planet’s ecosystem is taken for granted. We also discuss DNV's prediction, in the Energy Transition Outlook 2017 of a global temperature increase of 2.5 degrees, and the impact that this will have not only on humanity, but also the global economy. We consider whether some of the damage already done can be reversed, and how current initiatives will help to improve the world economic situation. Finally, they consider the responsibility of fossil rich countries and how future changes are likely to impact on their geopolitical status. *This episode was recorded live at the Singapore International Energy Week 2017. To learn more visit www.eto.dnvgl.com

Whilst renewables continue to gain a significant position in the energy market, gas remains the predominant energy source for the immediate future. DNV talks to Tim Rockell, Director of Global Energy Institute, KPMG, and Sharad Somani, Partner in Global Infrastructure Advisory, KPMG about how gas and renewables can co-exist, and the challenges faced in financing these projects in the future. In this multi-faceted episode, Tim and Sharad discuss the new approaches being adopted to secure funding for energy projects. They share with us which types of institutions will be the predominant source of funding; how the investments can be structured to maximize yields and the challenges faced in securing funding for coal and gas projects. With the delicate balance between renewable and traditional energy sources in mind, Tim and Sharad also share their views on why coal and gas projects still have a clear role to play, and how these sources will inevitably co-exist alongside renewables in the future. *This episode was recorded live at the Singapore International Energy Week 2017.

A cleaner, more electrified world is within our reach by 2050. In this first episode, Ditlev Engel, CEO of DNV’s Energy business area, discusses the findings of our inaugural Energy Transition Outlook 2017, and highlights the developments that will drive the energy transition in the future. Profound changes in the energy sector are upon us, with topics such as electrification and energy efficiency leading the discussions. In this thought-provoking episode, Ditlev discusses the findings of our Energy Transition Outlook 2017, and explains why our independent forecast for the energy system takes a different approach. He also considers the rise of new technologies, and how cost will play a pivotal role in determining which of these will spearhead the facilitation of a cleaner future. Ditlev also discusses the balance between the rising demand for electricity and the overall reduction in demand for energy, and how energy efficiency is contributing to this evolution. *This episode was recorded live at the Singapore International Energy Week 2017. To learn more visit www.eto.dnvgl.com

How technologies such as machine learning, artificial intelligence and cloud technology are revolutionizing the energy sector. DNV talks to Danny Venables, Chief Digital Advisor at Microsoft Asia Pacific. In an inspiring and visionary interview, Danny Venables gives us an insight into the impact of digitalization on the energy market; his views on the future significance of machine learning and artificial intelligence; the advancements in technology that are transforming the soft grid into a ‘smart grid’ and the role of the cloud in enabling communication between different protocols. Danny also gives invaluable advice to companies on how to best prepare for digitalization, and shares his innovative and visionary views on how technology will change our lives in the future.

Significant changes must be made to achieve the challenging goal of net zero emissions. DNV talks to Shell International about their ambitions for the future and the possible routes for the evolution of the future energy system. In this week’s episode, we discuss with Brian Davis, Vice President, Integrated Energy Solutions at Shell International, what it will take to achieve the challenging goal of net zero emissions; how long it will take; and what organizations, nations and their citizens will need to do to help to achieve this aim. We also discuss how the pace of change will differ for developed and developing countries, and the impact that this will have on the overall goal.

How can the disruptive 3D’s; Decarbonization, Decentralization and Digitalization have a positive influence on business? DNV talks to Csilla Kohalmi-Monfils, EVP Strategy & New Business at ENGIE, about their corporate transformation approach. In our interview, Csilla discusses the recent focus on decarbonization at ENGIE; explores how decentralization has helped to evolve the role of the consumer into an active participant in the energy supply process; and how digitalization and new technologies are helping ENGIE to enhance customer engagement experiences and operate more efficiently. Finally, Csilla shares how ENGIE is working with emerging markets in Asia to help them to bypass traditional energy supply methods, and lead the way with new renewable technologies.

The rate of economic growth has traditionally been reliant upon the use of natural resources. Ynse de Boer, Managing Director at Accenture, Strategy & Sustainability, Asia Pacific, shares insights with DNV on how more businesses are adopting methods to decouple these two issues and facilitate the circular economy. Increasingly companies are developing innovative new business models which promote sustainability and facilitate the creation of a circular economy. In this week’s episode Ynse explains how the energy sector is using these new models to become more relevant to the end consumer; discusses the impact on the economy and the challenges that these businesses are facing; and finally, explains how adopting the circular economy model might influence society and popular behaviour.

Digitalization and new technology systems are transforming many industries. DNV talks to Andrew Milroy, SVP, ICT Practice at Frost & Sullivan about how these developments are revolutionizing the energy sector. The energy sector, like most industries, is changing rapidly through digitalization and advancements in technology. In this episode, we explore the role of new technologies in the energy sector. We look at how digitalization is impacting on society and evolving the energy job market. We also discuss how companies are using ICT to solve their communication issues. Finally, we consider how these changes might be shifting the balance of power between the utilities and the end user.

What does the future hold for the power sector? DNV speaks to Justin Wu, Director & Head of Asia Pacific for Bloomberg New Energy Finance, about their long-term economic forecast for the world’s power sector as outlined in their latest ‘New Energy Outlook’ (NEO) Report 2017. As the pace of change in the power generation sector quickens, it is increasingly evident that the developments in renewable energy are driving many of these changes. In this episode, Justin shares the key findings of Bloomberg New Energy Finance’s NEO Report 2017. He gives us an insight into his views on the future growth of renewable power generation; the main drivers for this growth the main reasons behind the significant future increase in the renewables proportion; and the impact of this on investment in the energy sector. Finally, we also discuss the role that coal and gas will play in the future energy mix.

Energy efficiency is a high-level conversation in our industry. DNV hears the expert views of Ulrika Wising, Head of Sustainable Energy Use for DNV in Europe. It will become harder and harder to meet emissions targets around the globe. In this episode, Ulrika explains why improving energy efficiency (rather than creating new energy generation technology) is often the easiest and cheapest solution. Ulrika explores why industry has made such a leap in energy efficiency progress compared with other sectors. Finally, we look at how unnecessary safety margins in production processes can lead to energy wastage, and consider what the future holds.