Energy Unplugged by Aurora

In this episode, our Managing Director for Central Europe, Hanns Koenig is joined by Nils Aldag, Co-Founder and CEO, Sunfire, a leading manufacturer of electrolysers. Nils spent his entire professional life at Sunfire, company he co-founded in 2009, right after graduating from EBS Business School in Germany. He has been Chief Executive Officer since 2020 and previously he was Chief Commercial Officer and before that Chief Financial Officer of Sunfire. Nils and Hanns discuss: •Sunfire business and the motivation for founding a hydrogen start-up •The interaction between alkaline and solid oxide electrolysers and when solid oxide is expected to enter the market at scale •The European hydrogen space and where is the largest hydrogen demand coming from •Whether we are on track to meet the REPowerEU plan's target to produce 10 million tonnes and import 10 million tonnes of renewable hydrogen in the EU by 2023 Support the show

In this week’s episode, we’re delighted to welcome Julien Dumoulin-Smith, Managing Director at Bank of America’s (BofA) Securities, in a conversation with Julia Hoos, Aurora’s Head of USA East. Julien is a Managing Director in Bank of America’s Equity Research team covering US power, utilities, and alternative energy. He is a double ranked #1 analyst in both utility and alternative energy categories of the Institutional Investor All‐America Research Poll for several years. Julien has a BS in applied math and an MBA both from Columbia University. Main topics include: •The current state of the US power markets and the impact of the inflation reduction act (IRA) •The differences between vertically integrated and competitive power markets in the US•The future of batteries in the short and long term •The potential for carbon capture and storage (CCS) Support the show

This week on Energy Unplugged, we focus on what it takes to launch a successful hydrogen production project. We’re delighted to welcome Dalia Majumder-Russell, Partner at CMS UK in conversation with Emma Woodward, Project Leader on Aurora’s Advisory Team. Dalia is a partner in CMS’s Energy team in London, advising a wide range of investors, developers, utilities, lenders and governments on energy projects and infrastructure for over 10 years. She has extensive experience of negotiating power, gas and hydrogen offtake agreements and advising on carbon capture usage and storage (CCUS) projects in the UK and internationally. Dalia and Emma discuss: * Key considerations for what it takes to launch a successful hydrogen production project * Financial aspects developers should take into account for a bankable project * Pieces of the puzzle policy makers need to consider * Transport and storage – key issues and risks Support the show

This week on Energy Unplugged we have a special episode with focus on the UK Government’s Net Zero Strategy. Our Managing Director in UK & Ireland, Dan Monzani is delighted to be joined by Chris Skidmore MP. Chris is a senior Conservative MP and former Minister for Energy and Climate Change from 2018 to 2019 when he signed the UK’s Net Zero targets. Chris is the chair of the independent review of the UK's trajectory to Net Zero which was reported to the UK Government last Friday, the 13th January. Main topics include: •The arguments for doubling down on Net Zero now when the voters’ main concerns are related to the cost of living •Are gas-free homes by 2033 possible? How quickly we can get to a tipping point on heat pumps? •The funding commitments and the financial strategy for Net Zero •Net Zero and the energy security crisis Support the show

In this episode, Emma Woodward, Project Leader on Aurora’s Advisory Team is joined by Catherine Raw, Managing Director of SSE Thermal to discuss low-carbon flexibility with focus on hydrogen and gas CCS within the power sector. Catherine joined SSE in April 2022 where she is responsible for the strategy, performance and development of the company’s flexible power generation and energy storage activities. Previous to SSE, Catherine was Chief Operating Officer for North America and Chief Financial Officer for Barrick Gold and Managing Director and Fund Manager at Blackrock. Emma & Catherine discuss: •The importance of low-carbon flexibility in the power sector •Additional system needs and how thermal technologies might be able to provide low-carbon capacity •The work SSE is doing in this space •The progress needed in 2023 in order to support the development of low-carbon flexibility in the power sector Support the show

In this Energy Unplugged episode we discuss the implications of the US Inflation Reduction Act of 2022. Our Head of US Oliver Kerr is joined by Martin Anderson, Aurora’s Head of Research in US, Felix Chow-Kambitsch, Aurora’s Head of US West and Julia Hoos, Aurora’s Market Lead for PJM. The Inflation Reduction Act of 2022 (IRA) is the most significant piece of climate legislation in the US in over a decade, and aims to support accelerating the energy transition. Main topics include: •The state of the energy transition in the US and key differences compared to the European approach •How quickly can wind and solar scale given the constraints around supply chain and interconnection issues •What determines whether solar will take the production tax credit or the investment tax credit •The impact on power prices, on new build vs the existing assets and variations across markets Support the show

In this episode, we focus on an increasingly very hot topic which is battery business models in Europe. Our Managing Director for Central Europe, Hanns Koenig is joined by Aurora’s experts Marise Westbroek and Ryan Alexander. Ryan leads our European research team and one of their most popular reports this year has been the European Battery Markets Attractiveness, which looks into market and policy drivers for shaping the attractiveness of various markets for batteries across Europe. Marise is a Project Leader in our advisory team and specialises in flexibility markets. Over the past years she had led a massive multi-client study with focus on investing battery business cases in Germany, Netherlands and Belgium in particular. Main topics include: •The current market conditions for batteries, the impact of supply chain constraints and the high power prices across Europe •The characteristics developers would need today to be successful in such a complex market •Revenue streams development and implications on trading strategies for batteries •Individual and co-location business cases •Regulations and market design Support the show

In this episode, our Managing Director for Europe, Middle East & Africa, Manuel Koehler is joined by Horatio Evers, Managing Director, BASF Renewable Energy. BASF is the biggest chemical company in the world and in his current position, Horatio is responsible for the strategic direction and overall achievement of BASF’s Net Zero targets. Horatio is passionate about collecting, refurbishing and driving old racing bikes and through this reduces his CO2 output. Horatio and Manuel discuss: •BASF’s journey to decarbonisation and the company’s Net Zero targets •What kind of partnerships are important for BASF •The main changes that would need to happen at the policy level and why •The implications of the energy crisis in Europe on BASF from a renewables perspective Support the show

In this episode, our Managing Director of Aurora in APAC & California, Hugo Batten is delighted to be joined by Sheldon Kimber, CEO and Founder of Intersect Power and our Founder and CEO, John Feddersen. Intersect Power is one of the most successful and dynamic clean infrastructure companies in the US today. Sheldon has had a hugely impressive and diverse career in energy, spending time at Recurrent, Calpine and at Accenture before founding Intersect Power. He also lectures at the Haas School of Business, University of California Berkeley. Main topics include: •Intersect’s thinking about the future of energy markets and decarbonisation •The US energy markets and the future of utilities in California •The energy crisis in Europe Read more from Sheldon on The Nexus of Deep Decarbonization here: https://www.intersectpower.com/the-nexus-of-deep-decarbonization/ Support the show

In this episode, Nick Carter, Managing Director at Akaysha Energy and Weijie Mak, Aurora’s Head of Consulting in Australia join Hugo Batten, our Managing Director in APAC & California. Akaysha is a battery developer that has just had a major investment from Blackrock to help fund storage developments across APAC. Prior to Akaysha, Nick has worked at Macquarie, Tesla and AGL, as well as Toyota and General Motors. The focus of the discussion is very much on the nuances of battery and hydrogen investment cases in Australia and across other key Asian markets. Main topics include: •The evolution of battery investment cases in the next few years •Supply chain and CAPEX increases •The transaction with Akaysha and Blackrock that made news in Australia •Akaysha’s business plan when it comes to hydrogen Support the show

In this episode, our Managing Director in APAC and California, Hugo Batten and our CEO, John Feddersen are joined by Elliot Mainzer, President and CEO of the California Independent System Operator (CAISO). Elliot has had an impressive career in energy, spending time at Enron, 18 years at the Bonneville Power Administration where he rose to CEO, and over the last 3 years being the CEO of CAISO. Main topics include: •Californian energy markets - reality versus plans •Market design in CAISO evolving over the very long-term •Innovation in storage investment cases in CAISO Support the show

This is a special podcast episode featuring one of the speakers at the Aurora Hydrogen Conference 2022, taking place on Wednesday 9th November in London. Our Co-Head of Advisory in Central Europe, Thekla von Bülow speaks to Alexander Voigt, CEO and Co-Founder of HH2E. Alexander is a serial entrepreneur and one of the pioneers of the global energy transition. He has studied physics and started his career at an engineering bureau working on solar thermal solutions. He has founded several companies in the energy sector such as Solon in the solar space, Younicos in the battery space, Lumenion in the high temperature heat storage space, and as well as STOFF2 & HH2E in the hydrogen space. Thekla and Alexander discuss: • What does HH2E do? And what role will it play in the European hydrogen space? • How can the growth of the hydrogen economy be accelerated and what are the main hurdles? • What is the right way to integrate hydrogen in the wider energy system? • What will the future of the European hydrogen landscape look like, and what will be the role of non-EU imports? This discussion will be continued at our fully booked Hydrogen Conference on Wednesday 9th November in London. We hope to see you there! Support the show

In this episode, our Research Lead in Aurora’s Australian office James Ha is delighted to be joined by Frank Jotzo, Professor at the Australian National University and our Managing Director for Australia and California, Hugo Batten. Frank is a professor of environmental economics at the ANU’s Crawford School of Public Policy, the inaugural director at the Centre for Climate Economics and Policy, and Head of Energy at the ANU Institute for Climate, Energy & Disaster Solutions. He has been a lead author of the IPCC’s 5th and 6th Assessment Reports, and is the co-editor-in-chief of the journal Climate Policy. He has advised both the Australian and Indonesian Governments, and contributed to the Garnaut Climate Change Review. Main topics include: •Australia’s NetZero commitments and whether they are squaring with the goals of the Paris Agreement •Decarbonising the Australian economy and views on carbon pricing •Energy policy and the role of economic modelling Support the show

In this episode, our Founder and CEO, John Feddersen is delighted to welcome Jimmy Glotfelty, Commissioner on the Public Utility Commission of Texas (PUCT). With a distinguished career in public service in the electricity sector, Jimmy has been appointed as Commissioner on the PUCT in August 2021. Previously, he had several public senior roles including Senior Policy Advisor to U.S. Secretary of Energy Spencer Abraham, Energy Policy Director to Texas Governor George W. Bush and Legislative Director to Congressman Sam Johnson. He has also served as Founder and Executive Vice President of Clean Line Energy. Jimmy and John discuss: •The PUCT’s role in the US energy system •The impact of the Russian war in Europe and effects seen in the US •The Government’s role in enabling the electrification of the vehicle fleet Support the show

This episode is second in a series on global project finance, organized in partnership with SMBC Group. With a number of 4 episodes covering Europe, Australia, Asia and the US, this series is hosted by Aurora, with guests from SMBC Group, various law firms and Aurora. In this episode, we have our Managing Director in APAC & California, Hugo Batten talking to Jeremy Hasnip, Head of Energy Transition at SMBC, Elizabeth Charlesworth, Partner at Herbert Smith Freehills and Rowan von Spreckelsen, Principal at Aurora. Main topics include: •An overview of the project finance space in Australia •The largest areas for debate and negotiation at the moment •The impact of a higher-inflation and higher cost environment on typical project finance terms •The financing of newer technologies and the largest impediments to debt funding of storage Support the show

In this episode, our Managing Director for Australia and California, Hugo Batten is joined by Benn Barr, the Chief Executive of the Australian Energy Market Commission (AEMC) and James Ha, Aurora’s Project Lead in our Sydney team. AEMC is the rule maker in the Australian energy markets and decides on any proposed rule changes in Australia’s electricity and gas markets. Prior to joining the AEMC, Benn was Deputy Director General in the Queensland Department of Natural Resources, Mines and Energy. Main topics include: •The current priorities for the AEMC including the role of rule makers and the impact of the current crisis •The role of market modelling when it comes to challenges around market re-design •The pros and cons of capacity markets Support the show

This week on Energy Unplugged, Fraser Thompson, Co-founder & Chief Strategy Officer of Sun Cable joins our Managing Director for Australia and California, Hugo Batten and Weijie Mak, Aurora’s Head of Consulting across Asia-Pacific for our podcast episode. Fraser is the co-founder and Chief Strategy Officer for SunCable. He also founded AlphaBeta, an economic strategy consultancy headquartered in Singapore which has now been acquired by Access Partnership. Prior to this he spent 9 years at McKinsey, in particular, at McKinsey’s Global Institute. The main topics discussed include: •Key fundamentals of the Sun Cable project •Long-term trends in energy markets •Fraser’s career and the value of doing a PhD Support the show

This week on Energy Unplugged, we explore the debates surrounding the technical and topical issue of Locational Marginal Pricing (LMP). Drawing once again on the knowledge of some of Aurora’s global leadership: Dan Monzani, Managing Director of UK and Ireland, is joined by Hanns Koenig, Head of Consulting for Central and Eastern Europe, Hugo Batten - MD for Asia-Pacific and California and Oliver Kerr – Head of USA. The main questions the team sought out to answer are as follows: • What is LMP? • What is the context surrounding the economic/ market design for LMP? • What are the pros and cons of LMP? Support the show

Jeff Dimery, Managing Director & CEO of Alinta Energy joins our Managing Director for Australia and California, Hugo Batten, in our latest #EnergyUnplugged podcast episode. Jeff has had a long and distinguished career in Australian energy. He has held senior roles at AGL (another Australian “gentailer”) and is now the Managing Director and CEO of Alinta Energy, one of the major vertically integrated utilities in the Australian market. Hugo and Jeff discuss the following topics: •Unprecedented times caused by the current crisis facing the Australian energy market •The role of utility in decarbonising energy markets •Market design, focusing on capacity markets Support the show

In this week’s episode of Energy Unplugged, our Managing Director for UK and Ireland, Dan Monzani is delighted to be joined by Dan McGrail, Chief Executive at RenewableUK. Dan joined RenewableUK as Chief Executive in May 2021. Previously, during his time as a senior leader at Siemens for close to two decades, Dan played a critical role in the innovation and manufacture of key energy technologies including wind turbine blades and efficient thermal engines. As well as being the CEO of Siemens Engines until last year, Dan was also the Chair of the Association for Decentralised Energy from 2016 to 2019. The main topics include: •How broadly should green hydrogen be defined •What is needed to hit the government’s new offshore wind targets •The disruptions in the global supply chain •The current debates around market design Support the show

This week, we have a special Energy Unplugged podcast episode on the topic of the current energy price crisis and the implications for market design. The Head of our Berlin office, Hanns Koenig is joined by two very distinguished guests: Lion Hirth – Professor of Energy Policy at the Hertie School in Berlin and Robert Gross – Director at UKERC (The UK Energy Research Centre) and also a Professor of Energy Policy at Imperial College London. Lion is one of the leading thinkers on power market design in Europe and Rob is an authority in power market design in Great Britain. Main topics include: •What is going on in the European power markets at the moment •Why are power prices so high and what are the implications for market design •Splitting markets for renewables and conventional generation •Gas price caps for the power sector and the windfall tax Support the show

In this episode, our Managing Director in Australia and California, Hugo Batten is delighted to be joined by Rob Wheals, CEO and Managing Director of APA. APA is an energy infrastructure business with gas pipeline, electricity, solar and wind assets and the 30th largest publicly listed Australian company on the Australian Stock Exchange. Prior to APA, Rob had a varied career across tech, consulting, telco and energy. Rob and Hugo discuss: •The long-run impact of the current price/security of supply crises in Europe and Australia •The major steps needed to deliver a more orderly transition •Hydrogen and the timeline of cost competitiveness Support the show

In this episode, Hanns Koenig, our Head of Commissioned Projects for Central Europe, is joined by one of the leading voices of the Polish energy sector - Monika Morawiecka, Senior Advisor at The Regulatory Assistance Project (RAP). RAP is a think-tank advising predominantly governments in creating better energy sector regulation. Prior to RAP, Monika had a distinguished career in the energy sector, with more than 15 years at Poland's largest utility PGE. Her roles at PGE included Head of Strategy at PGE Group and CEO of PGE's Offshore Wind division, PGE Baltica. Hanns and Monika discuss: •The current state of the Polish energy market •The energy crisis and the impact of Russia’s war in Ukraine on the energy transition in Poland •The role offshore wind can play in the Polish energy mix Support the show

This week on Energy Unplugged we’re doing a deep dive on capacity markets with some of Aurora's leadership from around the world. Our Founder and CEO, John Feddersen is joined by Dan Monzani – MD for GB and Ireland, Hugo Batten - MD for Asia-Pacific and California and Oliver Kerr – Head of USA. The main questions we’re trying to answer are: 1) What are capacity markets?; 2) Why are they used?; and 3) When do they work? As in Europe capacity markets have largely won the debate, the focus is on markets outside Europe. Main topics include: •The core elements of capacity markets, procurement targets, timings & frequency of auctions •Political context and in what ways does it matter •Key strengths of the capacity markets Support the show

This week on Energy Unplugged, Hugo Batten and Oliver Kerr are joined by Jacob Mays, Assistant Professor at Cornell University’s School of Civil and Environmental Engineering. Prior to this role, Jacob studied at Harvard, Winconsin-Madison, and Northwestern. He’s been a management consultant, worked at FERC, and writes energy papers across a diverse range of topics. Listen to this ep to hear them discuss: - The role of energy modelling - Market design, in particular Jacob’s view on the wholesale-only vs capacity market plus wholesale debate - The role of academics in the energy transition Enjoy! Support the show

This week on Energy Unplugged, our MD for Australia and California Hugo Batten is joined by Founder and CEO of Edify Energy, John Cole. Edify has originated, financed and delivered 950 MW of utility scale solar PV and battery storage projects, with a strong pipeline of renewable, storage and green hydrogen projects to follow. John was recently included in The Australian newspaper’s Top 100 Green Power Players list. In this episode, Hugo and John discuss: •The current crisis, impact of the federal election, and redesign of the Australian market •Edify and the Riverina asset •John’s career, having co-founded 2 very successful renewables businesses in both UK and Australia Enjoy! Support the show

This episode is first in a series on global project finance, organized in partnership with SMBC Group. With a number of 4 episodes covering Europe, Australia, Asia and the US, this series is hosted by Aurora, with guests from SMBC Group, various law firms and Aurora. In this episode, we have Ana Barillas, our Head of Iberia talking to Caroline Lytton, Managing Director, Head of Power & Renewables Global Structured Finance EMEA at SMBC, John Dewar, Partner at Milbank London and Casimir Lorenz, Principal at Aurora. Caroline has started working in project finance in 2003, she has always been focused on infrastructure having 12 years’ experience in oil and gas. 3 years ago she was asked to head up the SMBC power and renewables business. John has lots of experience in the sector, and with Milbank, which has one of the largest renewable practices in the world. He became a partner in the late 90’s and has worked on a series of IPP projects in the UK and Europe. At Milbank John works on renewable energy projects but also in the hydrogen space and the in EV and battery space. Casimir leads the renewable energy practice of Aurora’s consulting team for continental Europe and he has been active in the energy space for the last 10 years. Before joining Aurora 4 years ago he did a PhD in Energy Economics followed by a post-doc at the German Institute for Economic Research focussing on policy consulting. The main topics include: •The level of activity right now in the project finance space •The impact of a higher-inflation and higher cost environment on typical project finance terms •Merchant risk and the biggest uncertainty in power markets at the moment •Managing the policy and regulatory risk in the power sector from a project finance perspective Support the show

This is a replay of an older episode with Nora Mead Brownell, Former Commissioner FERC, Former Chair PG&E and Founding Partner of ESPY Energy Solutions. Nora will be one of the keynote speakers at the Aurora Spring Forum 2022 on 14 July. If you want to hear more from Nora and many other industry leaders, join our Spring Forum 2022 on 14 July in Oxford, UK. The topic is: Delivering the energy transition in a fractured world: Navigating price volatility, geopolitical risk, and supply chain disruption. Spaces are limited and are filling up quickly so book your ticket now! For more details check auroraer.com/events/spring-forum/ Our CEO John Feddersen discusses the energy transition in the US with his special guest Nora Mead Brownell, Co-Founder of ESPY Energy Solutions. Nora is a former commissioner at the Federal Energy Regulatory Commission (FERC) where she was nominated by President George W. Bush, and among many other previous roles she has also served as the Chair of the Board of Pacific Gas & Electric (PG&E). Topics covered include: • Women in the energy sector, and ESPY Energy Solutions as a women-owned business • The balance between state and federal responsibility in the US power sector • Upcoming US elections, and how the energy sector will look Support the show

This is a replay of an older episode with Greg Jackson, Founder and CEO of Octopus Energy. Greg will be one of the keynote speakers at the Aurora Spring Forum 2022 on 14 July. If you want to hear more from Greg and many other industry leaders, join our Spring Forum 2022 on 14 July in Oxford, UK. The topic is: Delivering the energy transition in a fractured world: Navigating price volatility, geopolitical risk, and supply chain disruption. Spaces are limited and are filling up quickly so book your ticket now! For more details check auroraer.com/events/spring-forum/ In this episode our CEO John Feddersen speaks to Greg Jackson, the Founder and CEO of Octopus Energy, one of the UK’s largest energy supplier businesses, and award-winning for its status as a provider of 100% sustainable energy. Octopus Energy Group recently announced the acquisition of its sister company, Octopus Renewables, bringing the retail and the generation side of energy together under one roof. Greg is one of the most successful entrepreneurs in the UK with a long career leading multiple software ventures among other businesses, and a Bachelor's degree in Economics from the University of Cambridge. John and Greg discuss: • The importance of policy in the current UK energy supply market • Understanding the customer experience and meeting customer’s needs • Weathering the debris of the Texas storms and cost-pass-through tariffs • The role of prices in power generation and investment Support the show

In this episode, our CEO John Feddersen is joined by Mark Collette, Managing Director of EnergyAustralia and Hugo Batten, Managing Director in Australia and California at Aurora. EnergyAustralia is one of Australia’s major vertical integrated energy gentailers. Mark has been with EnergyAustralia since 2003 and commenced as Managing Director in July 2021. He served as Chief Customer Officer from May 2019 until June 2021 and prior to leading EnergyAustralia’s retail business, Mark led the Energy business between 2015 and 2019. Former roles have included executive responsibility for policy, sustainability, strategy and other matters. Mark was appointed Chair of the Australian Energy Council (AEC) in December 2021. Main topics include: •The energy industry in Australia over the last decade •EnergyAustralia’s strategy for a Net Zero electricity system •Battery storage and the role for flexible assets in Australia •The long term review of Australia’s power market design, capacity payments and the introduction of a congestion management model If you want to hear more from Mark Collette and many other industry leaders, join our Spring Forum 2022 on 14 July in Oxford, UK. The topic is: Delivering the energy transition in a fractured world: Navigating price volatility, geopolitical risk, and supply chain disruption. Spaces are limited and are filling up quickly so book your ticket now! For more details check https://auroraer.com/events/spring-forum/ Support the show

This week is a very special one for Energy Unplugged as we celebrate 100 episodes and 2 years since we launched the podcast. In this 100 episode, our Head of Commissioned Projects in Central Europe, Hanns Koenig is joined by Antje Kanngiesser, CEO of Alpiq. Alpiq is a leading Swiss energy services provider and electricity producer in Europe. Antje’s professional background include Vice President of Group Markets & Services and Member of the Executive Board for BKW AG, various roles at Alpiq Group and Energie Ouest Suisse as well as Lawyer at S&K and GGSC, Berlin. Antje and Hanns discuss: •The role of Switzerland in the European energy transition •Alpiq’s strategy and activity across Europe •The impact of the current energy crisis in Europe on utilities Support the show

In this episode, our CEO, John Feddersen is joined by Paul Ezekiel, Founder, Chair and Chief Investment Officer of Amp Energy. Amp is primarily a renewable energy developer and operator with a focus across solar, wind and storage and with over 7GW of assets built or contracted since 2009. Amp is also a technology company and the Amp X platform contributes to accelerating the energy transition through a portfolio of disruptive technologies. Before Amp, Paul had a long history in the energy transition, being involved in clean energy for around two decades. Paul and John discuss: •Amp’s strategy and battery investing •Investment in green hydrogen and at what point lithium-ion stops being the most cost effective storage solution •The best market design for enabling batteries to provide all of their benefits Support the show

In this episode, our Research Director, Richard Howard is joined by Alice Delahunty, President of Electricity Transmission at National Grid. Alice is the first President of National Grid’s Electricity Transmission business, where she is responsible for the safe and efficient operation of the electricity transmission network for England and Wales. Prior to joining National Grid, Alice had a variety of roles at E.ON, culminating in Head of Offshore UK Wind Operations. The focus of the conversation is on grid networks, a critical enabler of the low carbon transition. Alice and Richard discuss: •The scale of network investment required as we add renewables to the system and move towards a zero-carbon electricity system •The challenges of delivering this critical infrastructure •The impact on consumers, affordability, and bills Support the show

In this episode, our Thekla von Bülow, Principal for Commissioned Projects at Aurora is joined by Flemming Sørensen, Vice President for Europe at LevelTen Energy, in a discussion about long-term green power purchase agreements (PPAs). LevelTen Energy is the leading provider of renewable transaction infrastructure, delivering the cloud-based software, centralized supply, automated analytics, and expertise required to accelerate clean energy transactions. Flemming leads LevelTen’s expansion efforts from the company’s European headquarters in Madrid. His previous roles have included wholesale market trading and management of risk portfolios for corporate consumers at Energi Danmark, energy procurement and implementation of an RE100 strategy for NovoNordisk, and most recently originating offshore wind PPAs from Orsted. Thekla and Flemming discuss: •Which are the hot and emerging PPA markets in Europe •PPA trends including virtual PPAs •The current PPA market situation including very high prices and how is this affecting the willingness to close PPAs Support the show

This week on Energy Unplugged, our Managing Director in Australia and California, Hugo Batten is joined by Brad Hopkins, General Manager of Commercial and Financial Markets at AEMO Services. With a variety of roles in the energy transition, most recently as a partner at KPMG and also at Macquarie, Brad is leading a lot of the work on the New South Wales Roadmap which aims to overhaul its energy markets and replace the coal capacity that is departing over the next decade. Brad and Hugo discuss: •The purpose and history of the New South Wales Roadmap and the role of AEMO Services in delivering and running the program •The major challenges to deliver the ambitious goals for 2030 with focus on transmission and supply chain concerns •The role of market modelling Support the show

In this episode, our CEO, John Feddersen is joined by As Tempelman, the CEO of Eneco and Jesse Hettema, our Research Lead for Dutch & Belgium power markets. Eneco is an electric utility in The Netherlands which specialises in retail, district heating, renewables and thermal generation. Eneco has committed to full climate neutrality by 2035 for all three scopes of emissions. Main topics include: * The current trends and the status of the energy transition in the Dutch market * The impact of the Russian war in Ukraine on the trajectory of decarbonisation globally * The role of big oil & gas companies in the energy transition Support the show

In this episode, our CEO, John Feddersen speaks to Sam Stranks, Leader of StranksLab at Cambridge University’s Department of Chemical Engineering & Biotechnology. Sam is at the forefront of research into the next generation of solar technology and his research focuses on the optical and electronic properties of emerging semiconductors including halide perovskites, carbon allotropes and organic semiconductors for low-cost electronics applications such as photovoltaics and lighting. John and Sam discuss: •Solar technology research and the trajectory for costs and efficiency •The ability of the private sector to engage Academia in order to commercialize new technologies •The role of solar in achieving Net Zero emissions globally •What has enabled Cambridge to be such a successful technical university over such a long period of time Support the show

This week on Energy Unplugged, our Managing Director in Australia and California, Hugo Batten speaks to Guillermo Bautista Alderete, Director of Market Analysis and Forecasting at California’s system operator (CAISO). Hugo and Guillermo are also joined by Rowan von Spreckelsen, Aurora’s Head of Research in Australia and California. Guillermo has had a distinguished 15 years career at CAISO, having come out of academia at the University of Waterloo in Canada where he received a Ph. D. in Electrical and Computer Engineering. Main topics include: •The role of the system operator over the next 5 to 10 years in the policy and market design space •The mechanisms that CAISO has introduced to help with the integration of renewables •The impact of new technologies such as offshore wind and hydrogen on the California market •Batteries economics and saturation of ancillary markets Support the show

This week on Energy Unplugged, we discuss energy security and the current energy crisis at just few hours since the UK Government has published its much anticipated energy security strategy. Our Managing Director for UK and Ireland, Dan Monzani, is delighted to welcome to the podcast the UK Secretary of State for Business, Energy and Industrial Strategy - Kwasi Kwarteng. The British Energy Security Strategy comes at a very challenging time for the global energy policy and sets out how Great Britain will accelerate homegrown power for greater energy independence. Main topics include: • Security of gas supply and UK’s access to the physical supply of gas for the next winter • The Government’s new commitments on hydrogen and its potential in decarbonisation • The longer term announcements on electricity security including technology announcements such as an increased target of 50 GW of offshore wind by 2030 • Market reform options in the UK and the bigger market interventions suggested in Europe, such as the Spanish Government’s proposal to cap wholesale prices charged by gas generators Support the show

This week on the podcast, our USA Country Lead, Oliver Kerr is joined by Jon Wellinghoff, Former Chairman of the Federal Energy Regulatory Commission (FERC) and current Chief Regulatory Officer at Voltus, the world’s leading platform for Distributed Energy Resources (DERs). With a distinguished career in the US energy sector, Jon was the longest serving Chairman of FERC during the Obama administration after he was appointed first as a commissioner by George W Bush in 2006. Jon and Oliver discuss: •The role of FERC and the Federal Government more broadly in the energy transition •The potential of demand-side response which remains a relatively small part of energy mix in US and the reason why haven’t we seen more progress •Whether it is possible to reach Net Zero with renewables, efficiency and demand-side response, or do we also need supply-side investment in other low carbon generation like nuclear, CCS, hydrogen, long-duration storage Support the show

In this episode, we are honoured to welcome the 29th Prime Minister of Australia - Malcolm Turnbull, in a conversation with our CEO, John Feddersen. Malcolm was the Prime Minister of Australia between 2015-2018, role in which he focussed heavily on decarbonisation. He announced and drove forward the Snowy Hydro 2.0 pumped hydro project, the largest in the Southern Hemisphere. Prior to entering politics he had successful careers as a lawyer, investment banker and journalist. Malcolm and John discuss: •The importance of long duration storage and why isn’t the market delivering large volumes right now •The technological competition for long duration storage technologies •The impact of Russia-Ukraine war on the energy transition globally •Whether energy sector policy is more difficult in Australia than elsewhere and why Support the show

In this episode, our CEO John Feddersen is joined by a veteran of the renewable energy industry - David Giordano, Global Head of Renewable Power at BlackRock. David has joined the BlackRock team upon its formation in 2011 and has played a key role in the development of BlackRock’s renewables platform. With more than 20 years of investment experience, David serves as Chairman of the Board of Directors for the American Council on Renewable Energy and is a Board member of the American Wind Energy Association. John and David discuss: •The changes in the process of deploying capital into renewable in the past 20 years •ESG investing and where are we in measuring and evaluating ESG performance of companies and investment funds •Developing renewables in regulated and non-regulated markets •The impact of the Russia-Ukraine war on the power industryNext week we welcome Malcolm Turnbull, Former Prime Minister of Australia. Stay tuned! Support the show

This week on Energy Unplugged, we discuss the role Long Duration Electricity Storage (LDES) could play in ensuring energy security in GB. Our Head of Commissioned Projects for Western Europe - Felix Chow-Kambitsch is joined by two Aurora experts: Emma Woodward, Senior Associate and Caroline Still, Associate. Aurora has recently published a report on the topic, key findings can be found here: https://auroraer.com/insight/long-duration-electricity-storage-in-gb-2/ Felix, Emma and Caroline discuss: •The role LDES plays in an energy system •How much LDES do we need in the UK and what energy system implications would LDES have •The UK government’s cap-and-floor mechanism to support LDESNext week we will welcome David Giordano, Global Head of Renewable Power at BlackRock. Stay tuned! Support the show

This week, we have a special episode on Energy Unplugged in which our experts discuss the ongoing crisis in the European energy sector and the impact of Russia-Ukraine war on the European gas markets. Our Head of Commissioned Projects in Central Europe, Hanns Koenig is joined by Anise Ganbold who leads our research team for Commodities and Hydrogen. Anise and the team have been looking for the past couple of weeks into this topic and have been producing a couple of reports. One report which has been released this week examines how a drop in available Russian gas export capacity, or supply, to Europe affects the European supply mix. More details can be found at: https://auroraer.com/insight/impact-of-ukraine-russia-conflict-on-european-gas-markets/ Anise and Hanns discuss: • A retrospective of what happened in the European gas market over the past few weeks • The European reliance on Russian gas and coal • The increase in gas and power prices and the impact on gas supply and demand Support the show

In this episode, our CEO John Feddersen is talking to Kellie Metcalf, Managing Partner at one of the leading energy transition investors - EnCap Investments. Kellie had a long and distinguished career in the power sector. She was a Senior Director at Pattern Development, a renewable energy and transmission development firm and held senior roles in power marketing and origination at Barclays and Fortis Bank. She began her career in 1995 at Enron North America and before her business career, Kellie was a First Lieutenant in the US Army. Kellie and John discuss: •The importance of a trading background for a C-suite of an electricity utility •The impact of the power crises in the US on the process of electricity market liberalisation •ESG investing and where are we in measuring and evaluating ESG performance of companies and investment funds Support the show

This week on Energy Unplugged we focus on energy data and digitalization. Our Managing Director for UK and Ireland, Dan Monzani is delighted to be joined by Laura Sandys, Non-Executive Director at SGN and at the Energy Systems Catapult. With a diverse career in energy and consumer’s rights, Laura has recently chaired two of the UK Government taskforces, one on energy data and the Energy Digitalization Taskforce which was recently launched by BEIS with the purpose to continue the Government’s focus on modernising the energy system. Dan and Laura discuss: •What would a world class digital energy system look like •The main recommendations on data and the progress made since 2019 plus the recent recommendations on digitalisation •The benefits of interoperability across the system •The need to rethink the role of the retail market as part of Net Zero Next week we will welcome Kellie Metcalf, Managing Partner, Energy Transition at EnCap Investments. Stay tuned! Support the show

In this episode, our CEO John Feddersen is joined by Pat Wood, III, former FERC Chairman and CEO at Hunt Energy Network. With a distinguished career in energy and the public service, Pat has served as Chairman of the Federal Energy Regulatory Commission (FERC) in the US under President George W. Bush, and of the Public Utility Commission of Texas (PUCT). He holds a B.S. degree in civil engineering from Texas A&M University and a J.D. from Harvard Law School. John & Pat discuss: * The role of the federal government in driving the push towards an increasingly clean, affordable and reliable power system * The biggest impediment to Biden’s plan to decarbonise the power grid by 2035 * The potential for batteries in the US power grid Next week on Energy Unplugged we will welcome Laura Sandys, Chair of the UK Government Energy Digitalisation Taskforce. Stay tuned! Support the show

In this episode, our Managing Director for UK and Ireland, Dan Monzani speaks to Louise Kingham, Senior Vice President for Europe & UK Head of Country at BP. Prior to joining BP in May 2021, Louise was the CEO of the Energy Institute for more than 20 years, role in which she had a unique broad perspective across the energy transition. Louise is one of the sixteen CEOs on the Energy Leaders’ Coalition, organised by Powerful Women, a major professional initiative that seeks to promote the growth and leadership development of women across the energy sector. Dan and Louise discuss: * Affordability across Europe and how governments should manage the massive impact of rising energy prices on those on the lowest incomes * BP's committment to reach Net Zero by 2050 and their focus to help the world get there too * The most likely use cases for hydrogen, where is most likely to be a cost effective part of the transition and BP's new partnership with Aberdeen City Council * Whether we are on track for the 40GW of offshore wind by 2030 target and what do we need to do to hit that Next week on Energy Unplugged we will welcome Pat Wood, III, CEO at Hunt Energy Network. Stay tuned! Support the show

In this episode, we’re taking a global perspective on the energy transition having as guests two experts in the field. Our Principal Benjamin Collie is joined by Sam Arie, Head of European Utilities Equity Research at UBS and Evangelos Gazis, Project Leader and Market Lead for South Eastern Europe at Aurora. Aurora and UBS worked together in the last few years in preparing a report on the state of the global energy transition with focus on emissions from the power sector. Main topics of the podcast include: •The scale of the challenge for investing to decarbonise •How much capital is needed to decarbonise some of the most difficult sectors and what are the implications for the global economy •The levels of carbon prices that might be needed across the economy to achieve the targets •The progress made at COP26 and the most likely next steps to be made by COP27 Next week on Energy Unplugged we will welcome Louise Kingham, Senior Vice President for Europe and Head of Country in the UK at BP. Stay tuned! Support the show

This week on Energy Unplugged, we discuss about how to decarbonize transport with Trudy Harrison MP, Parliamentary Under Secretary of State at the UK Department for Transport, in an episode hosted by our Research Director, Richard Howard. Trudy was appointed in the current role on 17 September 2021 and she was elected Conservative MP for Copeland in 2017. Her career outside politics includes working for Sellafield nuclear site and in renewable energy and sustainable community projects. Richard and Trudy discuss: •How does a Net Zero system need to look like and what are the key enabling technologies •What does government need to do to accelerate this shift •How do we ensure that the costs and fiscal impacts of this transition are manageable Next week we will welcome Sam Arie, Research Analyst at UBS. Stay tuned! Support the show