Switched On

Geothermal is a small industry, with just about 14 gigawatts of capacity online globally. But where it matters, it matters a lot. In pockets around the world, geothermal can be not just the cleanest form of power, but also the cheapest. Still, geothermal development is hard -- drilling wells involves similar risks to oil and gas projects, but offers returns more in line with utilities. That risk profile has stunted the growth of geothermal. There are several companies working hard on technologies to de-risk geothermal development and squeeze additional value out of the hot water coming out of the wells. In some cases, they are throwing out the concept of conventional geothermal and starting afresh. Today, Switched On speaks with Hidda Thorsteinsson, managing director for research and innovation at Reykjavik Energy.BNEF users can hear this interview and more, on BNEF<GO> on the Bloomberg Terminal, bnef.com or BNEF Mobile.Switched On is hosted this week by Mark Taylor.See omnystudio.com/listener for privacy information.

In late October, Rio Tinto announced plans to capture and bury CO2 from its ISAL aluminum smelter outside Reykjavik in the basalt right under its feet. The initiative is part of a $7.5bn effort to reduce firm-wide operational emissions by 50% by 2030. Today, Switched On speaks with Kari Helgason, head of research and innovation at Carbfix, the company that will take Rio's CO2 and inject it underground where it will turn to rock within two years. In our conversation, which takes place on location in Iceland at the site of Carbfix's first CO2 injection project, he tells us how the technology works, and how Carbfix's solution could scale to make a meaningful dent in global emissions.BNEF users can hear this interview and more, on BNEF<GO> on the Bloomberg Terminal, bnef.com or BNEF Mobile.Switched on this week is hosted by Mark Taylor.See omnystudio.com/listener for privacy information.

Hundreds of countries and companies aim to hit net-zero CO2 emissions by 2050, or thereabouts. But even after COP26, most have not laid out clear pathways to getting there, and are putting themselves in the position of starting too late to meet the mid-century deadline. This decade is critical to get things going. This week, Switched On speaks with BNEF head of energy transition, Luiza Demoro, about the Pathfinders Initiative. Launched on October 18, Pathfinders is a resource from Bloomberg for policymakers to see what has worked around the world and get actionable ideas for policies to meet their net-zero targets.You can find out more about the Pathfinders Initiative at bloomberg.com/netzeropathfinders.Switched on this week is hosted by Mark Taylor.See omnystudio.com/listener for privacy information.

Methane is a potent greenhouse gas. When it comes to reducing methane emissions, monitoring technology, economics, and policy all have an important role to play. This week, Switched On speaks with BNEF analysts Antoine Vagneur-Jones, who covers EMEA Energy Transitions, and Nakul Nair, who covers U.S. Gas & LNG. They tell us about methane emissions and what can be done.This episode is based on a report titled Global Demethanization Poised to Give U.S. LNG an Edge. You can also find Bloomberg’s coverage of COP26 and the Global Methane Pledge on the Bloomberg COP26 blog.Switched on this week is hosted by Dana Perkins.See omnystudio.com/listener for privacy information.

The pressure is on the U.S. to get its climate house in order before it seeks to lead negotiations in Glasgow. This week, Switched On speaks with BNEF head of Americas, Ethan Zindler, and BNEF head of global policy, Victoria Cuming. They will walk us through the politics in the U.S. and what to watch out for in Glasgow, whether or not Biden shows up to the conference as a leader, or just an attendee.This episode is based BNEF's ongoing coverage of U.S. and global policy, and special coverage of COP26. BNEF clients can access this analysis at BNEF<GO> on the Bloomberg Terminal, on bnef.com or BNEF Mobile.Switched On is hosted this week by Mark Taylor and Dana Perkins.See omnystudio.com/listener for privacy information.

Europe's energy crunch is complex and weeks in, does not yet seems to be resolving, with higher gas prices, gasoline shortages and electricity retailers going out of business. This week, Switched On speaks with BNEF head of research for EMEA, David Hostert. He will walk us through the big picture -- why the energy crunch, why now -- and talk us through how gas, coal, carbon and renewables are all tied into this. The podcast also touches on the implications for governments and consumers.This episode is based BNEF's ongoing coverage of European power, gas, and carbon markets. BNEF clients can access this analysis at BNEF<GO> on the Bloomberg Terminal, on bnef.com or BNEF Mobile.Switched On is hosted this week by Mark Taylor.See omnystudio.com/listener for privacy information.

Hydrogen is a clean burning molecule that could be used to cut carbon emissions in some of the hardest to abate sectors like steel, cement, and aluminum production. This week, Switched On speaks with BloombergNEF lead hydrogen analyst Martin Tengler about the fundamentals of hydrogen. He will talk us through the many ways hydrogen can be produced, transported and used, plus the challenging economics behind this promising energy source for the clean energy transition.This episode is based on a report titled, Hydrogen for Beginners: Everything You Need to Know. BNEF clients can access this at BNEF<GO> on the Bloomberg Terminal, on bnef.com or BNEF Mobile.Switched On is hosted this week by Dana Perkins.See omnystudio.com/listener for privacy information.

International mining company Glencore has set a net-zero 2050 ambition across its operations for scope 1, 2, and 3 emissions, meaning not only the mining but the use of its products, like coal. Today, Switched On speaks with Anna Krutikov, head of sustainable development at Glencore. She walks us through the company's targets, opportunities faced by Glencore in the energy transition in areas like battery metals, and some of the ethical considerations associated with decarbonization timelines.BNEF users can hear this interview and more, on BNEF<GO> on the Bloomberg Terminal, bnef.com or BNEF Mobile.Switched On is hosted this week by Dana Perkins.See omnystudio.com/listener for privacy information.

The urban sprawl can seem endless, but in reality, cities only cover 3% of global landmass, while accounting for 70% of global emissions. Cities around the world are therefore turning their focus to sustainability. This week, Switched On speaks with Technology & Innovation analyst for BNEF, Kirti Vasta. She will tell us about cities making moves toward sustainability and why now. How different types of cities are approaching the challenge in different ways, and how all cities are using technology as a key component to their strategy.This episode is based on a report titled Digital Technologies for Smarter, More Sustainable Cities. BNEF clients can access this at BNEF<GO> on the Bloomberg Terminal, on bnef.com or BNEF Mobile.Switched On is hosted this week by Mark Taylor.See omnystudio.com/listener for privacy information.

The offshore wind sector is set to grow more than 10-fold over the next 15 years. Growth has been largely in Europe to date, but China is about to go big with more than 25 gigawatts coming online in the next five years, and President Biden is pushing for 30 gigawatts to be installed in the U.S. by 2030. This week, Switched On speaks with BloombergNEF offshore wind analysts Imogen Brown and Chelsea Jean-Michel about why offshore wind and why now, and who is positioned to win in the boom ahead.This episode is based on a report titled 1H 2021 Offshore Wind Market Outlook. BNEF clients can access this at BNEF<GO> on the Bloomberg Terminal, on bnef.com or BNEF Mobile.Switched On is hosted this week by Mark Taylor.See omnystudio.com/listener for privacy information.

BloombergNEF's Electric Vehicle Outlook is our long-term view on how electrification, shared mobility, and autonomous driving will re-shape road transport in the next three decades. This week, Switched On speaks with Colin McKerracher, the report's lead author and head of transport analysis, about when the world must start to meet net zero targets, which sectors are on track to do so, and what surprised him most in this year's analysis.This episode is based on the Electric Vehicle Outlook 2021. BNEF clients can access this at BNEF<GO> on the Bloomberg Terminal, on bnef.com or BNEF Mobile.Switched On is hosted this week by Mark Taylor.See omnystudio.com/listener for privacy information.

Over the past four months more than $30 billion has been raised by some of the world's largest asset managers for energy transition-focused funds. The capital raised will be invested in things like wind, solar, and energy storage projects, and equity in the companies developing and supplying these projects. Switched On speaks with BloombergNEF Chief Content Officer and Bloomberg Opinion columnist Nat Bullard about this fundraising activity, why now, who's involved, and whether this is just the start of things to come.This episode is based on Bullard's latest Sparklines column, More Money Than Ever Is Flowing Into Climate Tech, which can be found on the Bloomberg terminal under NI BULLARD, and on bloomberg.com.Switched On is hosted this week by Mark Taylor.See omnystudio.com/listener for privacy information.

Power company AES has been an energy company in transition for well over a decade, and continues to develop and own renewable and other power assets globally. Today, Switched On's Dana Perkins speaks with AES CEO, Andres Gluski. He shares his views on the many aspects of the energy business -- from generation to storage to nuclear -- as well as what AES is doing to reduce its own carbon footprint as it drives toward its net zero goal.BNEF users can hear this interview and more, on BNEF<GO> on the Bloomberg Terminal, bnef.com or BNEF Mobile.Switched On is hosted this week by Dana Perkins.See omnystudio.com/listener for privacy information.

China will be a huge market for electric vehicles. In BloombergNEF's latest Electric Vehicle Outlook, published last month, we project that EVs will be 25% of China's passenger vehicle sales in 2025, 48% in 2030, and 77% in 2040. This week, Switched On speaks with BloombergNEF electric vehicle analyst Siyi Mi about the policies China has in place to accelerate this growth, and how pure-play EV manufacturers - including Tesla - are benefiting.This episode is based on a report titled China’s New Energy Vehicle Credit System – 2021. BNEF clients can access this at BNEF<GO> on the Bloomberg Terminal, on bnef.com or BNEF Mobile.Switched On is hosted this week by Mark Taylor.See omnystudio.com/listener for privacy information.

U.S. benchmark oil prices are up almost 50% this year, as global demand continues its pandemic recovery. In the States, rising demand and rising prices have led to production increases - but only modest increases so far. This week, Switched On speaks with Tai Liu and Anna Dialynas, U.S. oil analysts for BloombergNEF. They will tell us us about how most U.S. oil producers are choosing fiscal discipline over major production increases, and opting for debt reductions and shareholder paybacks over drilling new wells.This episode is based on a report titled U.S. Shale Oil Quarterly Outlook: 3Q 2021. BNEF clients can access this at BNEF<GO> on the Bloomberg Terminal, on bnef.com or BNEF Mobile.See omnystudio.com/listener for privacy information.

Oil major BP has ambitions to cut its greenhouse gas emissions from its own operations, its oil & gas production, and the products it sells to net-zero by 2050. Also during that time the company plans to ramp up investment in non-oil and gas activities, like renewables, hydrogen, and carbon capture, utilization and storage (CCUS). Today, Switched On's Dana Perkins speaks with Giulia Chierchia, executive vice president of strategy and sustainability at BP about the energy transition from an energy company perspective.BNEF users can hear this interview and more, on BNEF<GO> on the Bloomberg Terminal, bnef.com or BNEF Mobile.Switched On is hosted this week by Dana Perkins.See omnystudio.com/listener for privacy information.

The aluminum industry can achieve net-zero carbon emissions, and there are multiple routes to get there, starting from recycling and going all the way to carbon capture and storage (CCS) and offsets. Producers will need a combination of technologies to decarbonize fully. This week, Switched On speaks with BloombergNEF analysts Sharon Mustri and Julia Attwood about the costs of decarbonizing aluminum, and the implications for policymakers and aluminum producers.This episode is based on a report titled Decarbonizing Aluminum: Technologies and Costs. BNEF clients can access this at BNEF<GO> on the Bloomberg Terminal, on bnef.com or BNEF Mobile.Switched On is hosted this week by Dana Perkins.See omnystudio.com/listener for privacy information.

For more than a decade, BloombergNEF has been forecasting the price of carbon credits under the European Emissions Trading Scheme (EU ETS), and in the latest edition, the forecast breaches the 100-euro barrier for the first time ever. This week, Switched On speaks with Jahn Olsen, lead carbon analyst for BNEF about the factors contributing to this price forecast, and what it means for carbon emissions and the players involved.This episode is based on the 1H 2021 EU ETS Market Outlook. BNEF clients can access this at BNEF<GO> on the Bloomberg Terminal, on bnef.com or BNEF Mobile.Switched On is hosted this week by Dana Perkins and Mark Taylor.See omnystudio.com/listener for privacy information.

Electric vehicles are creating a lot of buzz, but are they profitable for the manufacturers? This week, Switched On speaks with Opel Automotive CEO Michael Lohscheller about his strategy for the transition to EVs. He discusses what the automotive industry must do to drive up profit from electrified cars, which includes taking a closer look at supply chains and battery manufacturing.Nikolas Soulopoulos, advanced transport analyst at BloombergNEF (BNEF), interviewed Lohscheller as a part of the BNEF Munich Summit on May 21. For more information regarding BNEF's Summits, go to about.bnef.com/summit.BNEF users can see this interview and more, including all the BNEF Analyst Talks at BNEF<GO> on the Bloomberg Terminal, on bnef.com, or BNEF Mobile.Switched On is hosted this week by Dana Perkins.See omnystudio.com/listener for privacy information.

Elon Musk put out a $100 million prize earlier this year for innovation in 'carbon negative solutions', or pulling carbon dioxide (CO2) out of the air. But BloombergNEF carbon capture analyst David Madrid says Musk is missing the point -- what is needed for direct air capture is scale, not new technologies., This week, Switched On speaks with David about direct air capture, how it works, and the pilot projects aimed at bringing the technology down the cost curve.This episode is based on a report titled Material Tech Highlight: Direct Air Capture. BNEF clients can access this at BNEF<GO> on the Bloomberg Terminal, or on bnef.com or BNEF Mobile.Switched On is hosted this week by Mark Taylor.See omnystudio.com/listener for privacy information.

Why does the threat of climate change give some nightmares while others simply ignore it? Where do perceptions lie and how do they differ by country, age, education level, or political affiliation? This week, Switched On speaks with BloombergNEF consumer research analyst, Hugh Bromley, about several recent surveys that ask how people perceive climate change and whether they see it as a top risk.This episode is based on a report titled What Divides and Unites on Climate Action and Awareness. BNEF clients can access this at BNEF<GO> on the Bloomberg Terminal, or on bnef.com or BNEF Mobile.Switched On is hosted this week by Dana Perkins and Mark Taylor.See omnystudio.com/listener for privacy information.

This year is looking like a major year for dialogue on - and commitments to - climate action. This week, Switched On speaks with two BloombergNEF colleagues to put this Summit into context and discuss some early indicators of how countries plan to meet their net-zero targets: Victoria Cumming, global policy lead, and Ali Izadi-Najafabadi, Head of Asia Pacific Research.This episode is based on our ongoing research on national climate commitments and the run-up to COP26 later this year. BNEF clients can access this research at BNEF<GO> on the Bloomberg Terminal, or on bnef.com or BNEF Mobile.Switched On is hosted this week by Dana Perkins.See omnystudio.com/listener for privacy information.

The global wind market is booming, with nearly 100 gigawatts of new capacity going online in 2020. Today, Switched On speaks with BloombergNEF wind analysts Isabelle Edwards and Leo Wang, who talk about what made 2020 a record year for installations, where the growth is happening, who is supplying all those turbines, and how all of this is just the start of things to come.This episode is based on a report titled 2020 Global Turbine Market Shares. BNEF clients can access this at BNEF<GO> on the Bloomberg Terminal, or on bnef.com or BNEF Mobile.Switched On is hosted this week by Mark Taylor.See omnystudio.com/listener for privacy information.

This week, Switched On speaks with U.S. Energy Secretary Jennifer Granholm, who was sworn into office on February 25th. One of Secretary Granholm's objectives at the Department of Energy will be to set the U.S. on a path to achieving President Biden’s goal of net-zero carbon emissions from the power sector by 2035 by advancing cutting-edge clean energy technologies, and creating millions of clean energy jobs.Ethan Zindler, head of Americas for BloombergNEF did the interview as part of the BNEF New York Summit on April 13th.BNEF users can see this interview and more, including all the BNEF Analyst Talks on bnef.com or BNEF Mobile, or at BNEF<GO> on the Bloomberg Terminal.Switched On is hosted this week by Dana Perkins.See omnystudio.com/listener for privacy information.

European utility strategy continues to evolve as the energy transition moves forward. Today, Switched On speaks with BloombergNEF carbon analyst, Bo Qin, and decentralized energy analyst, Michael Kenefick. They will tell us about how low gas prices, combined with high carbon prices and renewables output, are squeezing coal out of the merit order in Europe, and how retail power continues to be a highly competitive market.This episode is based on a report titled European Utility Company Profiles 2020. BNEF clients can access this report on at BNEF<GO> on the Bloomberg Terminal, or on bnef.com or BNEF Mobile.Switched On is hosted this week by Dana Perkins.See omnystudio.com/listener for privacy information.

On March 15, Volkswagen signaled its ambition to compete in the growing electric vehicle market by building out battery production and charging infrastructure, as well as adding new EV models. And in January, General Motors announced its plan to only sell zero-emission light-duty vehicles by 2035, on its way to becoming carbon-neutral. This week, Switched On speaks with Colin McKerracher, head of transport research for BNEF, about VW, and electric vehicle analysts Alejandro Zamorano Cadavid and Nikolas Soulopoulos about GM's plans. They will tell us about the motivations behind these announcements, the strategies involved, and how clarity of mission could help these companies compete with EV frontrunner Tesla.This episode is based on a report titled Volkswagen's Plan to Bridge the Tesla Charging Gap, and another titled GM to Deal With Electrification Transition Risks, BNEF clients can access these reports on at BNEF<GO> on the Bloomberg Terminal, or on bnef.com or BNEF Mobile.Switched On is hosted this week by Dana Perkins and Mark Taylor.See omnystudio.com/listener for privacy information.

The transition to a low-carbon economy has been at the center of policy making in the European Union over the last decade. But Europe is still not on track to meet its 2030 clean energy and climate goals. This week, Switched On speaks with Dario Traum, global head of energy transition research for BloombergNEF, and Andreas Gandolfo, head of European power research. They will tell us about progress on climate targets in Europe, and what might accelerate things. They also say that change could happen a lot faster than we think.This episode is based on a report titled European Energy Transition Outlook 2021, BNEF clients can access this report on bnef.com or BNEF Mobile, or at BNEF<GO> on the Bloomberg Terminal.Switched On is hosted this week by Dana Perkins.See omnystudio.com/listener for privacy information.

Prolonged frigid temperatures last weekend caused electricity demand in the Texas power grid, or ERCOT, to explode. The extreme cold resulted in more than 30GW of power plant outages, and a situation where demand outstripped supply by 30%. This resulted in millions of Texans being without power, heat, and clean water. This week, Switched On speaks with Anastacia Dialynas, head of US oil research, and Nick Steckler, head of North America power analysis for BNEF. They're going to tell us about how the state’s power, oil and gas sectors went down at once, and what Texas might consider to 'build back better'.BNEF users can find ongoing coverage of U.S. power, oil and gas markets on bnef.com, the bnef mobile app, and the Bloomberg terminal.Switched On is hosted this week by Mark Taylor.See omnystudio.com/listener for privacy information.

The EU Taxonomy regulation, which defines what the European Union considers an environmentally sustainable economic activity, will require additional disclosures from large listed companies in Europe starting in January 2022. This week, Switched On speaks with Maia Godemer, sustainable finance analyst for BNEF, about what the new rules mean for large European companies and asset managers.This episode is based on a report titled EU Taxonomy: How to Prepare Your Reporting for 2022, BNEF clients can access this report on bnef.com or BNEF Mobile, or at BNEF<GO> on the Bloomberg Terminal.Switched On is hosted this week by Dana Perkins and Mark Taylor.See omnystudio.com/listener for privacy information.

The engine behind the analysis in BloombergNEF's New Energy Outlook (NEO) is the New Energy Forecast Model, or NEFM. This week, Switched On speaks with Ian Berryman, modeling analyst for BNEF. He'll tell us how the model works, the process he and team went through in building it, and how he took cues from ants and birds in building a lot of the software that powers it.This episode is based on the model powering the New Energy Outlook 2020, BNEF's flagship report. BNEF clients can access this report on bnef.com or BNEF Mobile, or at BNEF<GO> on the Bloomberg Terminal.Switched On is hosted this week by Mark Taylor.See omnystudio.com/listener for privacy information.

Vietnam had a boom in rooftop solar installations in December 2020 as installers raced to capture a generous feed-in tariff that expired at the end of the year. This week, Switched On speaks with Caroline Chua, BloombergNEF analyst focused on Southeast Asia, and Jenny Chase, head of solar for BloombergNEF. They talk about how this massive buildout occurred, how it beat BNEF forecasts, and what other market players and policy makers can learn from Vietnam's big year in solar.This episode is based on a report titled Vietnam Was Likely the Third-Largest Solar Market in 2020. BNEF clients can access this report on bnef.com or BNEF Mobile, or at BNEF<GO> on the Bloomberg Terminal.Switched On is hosted this week by Dana Perkins.See omnystudio.com/listener for privacy information.

This week, Switched On speaks with Dr. John Murton, COP26 envoy for the U.K. government. During a conversation which was part of the BNEF Shanghai Summit on December 2, he and Veronika Henze, head of communications for BloombergNEF look at the upcoming global climate conference in November 2021, carbon neutrality, and the race to net zero emissions.BNEF users can see this interview and more, including all the BNEF Analyst Talks on bnef.com or BNEF Mobile, or at BNEF<GO> on the Bloomberg Terminal.Switched On is hosted this week by Dana Perkins.See omnystudio.com/listener for privacy information.

Electric vehicles, plastic alternatives, electrification of industrial processes – and more – are set to cut into demand for oil. In fact, we may have already reached a peak for the amount of oil produced in a single year, an idea known as ‘peak oil’. This week, Switched On speaks with oil demand analyst David Doherty. He will tell us about what peak oil means, how it is more than an academic concept, and how oil producers are managing this change – pivoting their business models, or going all-in on black gold.This episode is based on BloombergNEF's flagship report, New Energy Outlook 2020. BNEF clients can access this report on bnef.com or BNEF Mobile, or at BNEF<GO> on the Bloomberg Terminal.Switched On is hosted this week by Dana Perkins and Mark Taylor.See omnystudio.com/listener for privacy information.

Startups and food industry giants alike are working to improve the taste, texture, and appearance of alternative proteins, or fake meat. If they can get it good enough there is a huge market out there. This week, Switched On speaks with Hugh Bromley, consumer insights analyst for BloombergNEF. He talks about the various options out there for alternative proteins, along with go-to-market strategies and potential barriers for producers.This episode is based on a report titled Alternative Proteins: Fake It Till You Make It. BNEF clients can access this report on bnef.com or BNEF Mobile, or at BNEF<GO> on the Bloomberg Terminal.Switched On is hosted this week by Mark Taylor and Dana Perkins.See omnystudio.com/listener for privacy information.

The renewable diesel market is set to triple in the next four years. Increasingly stringent environmental standards, and imperatives to reduce transport emissions, make this like-for-like replacement for conventional diesel an attractive option. This week on the show, Switched On speaks with BNEF oil demand analyst Daisy Maugouber about market players, growth, and just where all the fry grease it needs will come from.This episode is based on a report titled Renewable Diesel: A Green Light for Refiners. BNEF clients can access this report on bnef.com or BNEF Mobile, or at BNEF<GO> on the Bloomberg Terminal.Switched On is hosted this week by Mark Taylor and Dana Perkins.See omnystudio.com/listener for privacy information.

A net-zero target is achieved when a country or company balances out its greenhouse gas emissions with other activities that store, reduce or offset those emissions. So in the end, what you’re putting up into the air is effectively, well, nothing. This week on the show, Switched On speaks with BNEF corporate sustainability analyst Kyle Harrison about what is driving the many corporate net zero announcements of late, what net zero actually means in practice, and the bumpy ride ahead for those going down this road.This episode is based on a report titled Corporate Net-Zero Targets Primer: Jump on the Bandwagon. BNEF clients can access this report on bnef.com or BNEF Mobile, or at BNEF<GO> on the Bloomberg Terminal.Switched On is hosted this week by Mark Taylor and Dana Perkins.See omnystudio.com/listener for privacy information.

Airbus aims to have an electric airliner in service by 2035. As part of this, the company announced three electric concept planes in September that are targeted for demonstration by 2025. Today Switched On speaks with Glenn Llewellyn, vice-president of zero emission aircraft at Airbus. He speaks with BloombergNEF Sustainability Editor Bryony Collins about this effort, the tradeoffs between batteries and hydrogen, and other challenges to be overcome for no-emissions planes to become a reality.BNEF users can read a transcript of this interview, and see all BNEF analyst content on bnef.com or BNEF Mobile, or at BNEF<GO> on the Bloomberg Terminal.Switched On is hosted this week by Dana Perkins.See omnystudio.com/listener for privacy information.

Minister Rachel Maclean says that for the United Kingdom to meet its 2050 net zero-emissions target, the country will need to expand the electric vehicle charging network, and offer enough EVs at the right price. During a conversation as part of the BNEF London Summit on October 20, she and Dana Perkins look at the future of transport in the UK as a whole. They discuss hydrogen, trains, planes, emissions standards, bikes, scooters and how each can contribute to the 2050 net-zero target.BNEF users can see this interview and more, including all the BNEF Analyst Talks on bnef.com or BNEF Mobile, or at BNEF<GO> on the Bloomberg Terminal.Switched On is hosted this week by Mark Taylor and Dana Perkins.See omnystudio.com/listener for privacy information.

Reducing methane emissions and carbon intensity of upstream operations are two main objectives of the Oil & Gas Climate Initiative, or OGCI, a coalition of 12 of the world's largest oil companies brought together to drive the industry toward meeting the goals of the Paris Climate Agreement. This week, Switched On speaks with its chairman, Bob Dudley, about the organization, its mission, and learnings so far. Dana Perkins, head of Europe, Middle East & Africa for BNEF did the interview as part of the BNEF London Summit on October 19th.BNEF users can see this interview and more, including all the BNEF Analyst Talks on bnef.com or BNEF Mobile, or at BNEF<GO> on the Bloomberg Terminal.Switched On is hosted this week by Mark Taylor and Dana Perkins.See omnystudio.com/listener for privacy information.

To keep up with regulations around products -- on sourcing, greenhouse gas emissions, safety -- and to answer questions from consumers, companies need a lot more visibility on their supply chains. This week, Switched On speaks with Kirti Vasta, Digital Industry Analyst for BloombergNEF. She will tell us about new developments in track and trace, and how implementing advanced technologies and systems to more deeply understand their supply chain can make a company's operations safer, more efficient and competitive.This episode is based on a report titled Track and Trace: Digitalizing Supply Chains. BNEF clients can access this report on bnef.com or BNEF Mobile, or at BNEF<GO> on the Bloomberg Terminal.Switched On is hosted this week by Mark Taylor and Dana Perkins.See omnystudio.com/listener for privacy information.

Green bond issuance has hit the trillion-dollar mark, but this year appears to be the year of social bonds, up 376% in the first half of 2020 to $41.9 billion. This week Switched On speaks with BloombergNEF analysts Maia Godemer and Mallory Rutigliano about the state of sustainable finance. They will tell us about the many types of available financial products, who's using what, and trends in this fast-growing area.This episode is based on a report titled 2H 2020 Sustainable Finance Market Outlook. BNEF clients can access this report on bnef.com or BNEF Mobile, or at BNEF<GO> on the Bloomberg Terminal.Switched On is hosted this week by Mark Taylor.See omnystudio.com/listener for privacy information.

Grid operators in California face increasingly frequent decisions to abandon their operational commitment to 24/7 availability and cut service to retail customers in regions threatened by wildfires. This week Switched On speaks with Logan Goldie-Scot, head of clean energy research at BloombergNEF, and Yayoi Sekine, who leads decentralized energy coverage, about the challenges of maintaining the utility mission in the face of climate change.This episode is based on a report titled Pandemics and Power Networks, and another titled Policy Responses to California's Wildfires. BNEF clients can access these reports on bnef.com or BNEF Mobile, or at BNEF<GO> on the Bloomberg Terminal.Switched On is hosted this week by Dana Perkins.See omnystudio.com/listener for privacy information.

Many issues are at stake in the November U.S. election, including energy and climate. This week Switched On speaks with Head of Americas Ethan Zindler, and Stephen Munro, senior policy analyst for BloombergNEF, about what wins on the Republican or Democratic side could mean for these issues. Their wide-ranging conversation speculates on the Paris Climate Agreement, the Green New Deal, coal, electric vehicles, and the two trillion dollars former Vice President Joe Biden has pledged for climate initiatives should he win.BNEF clients can access ongoing U.S. and energy transition coverage on bnef.com or BNEF Mobile, or at BNEF<GO> on the Bloomberg Terminal.Switched On is hosted this week by Dana Perkins.See omnystudio.com/listener for privacy information.

Generous policy support in in a handful of markets has led to a rush to deploy energy storage projects. But the eagerness to deploy quickly resulted in shortcuts with alarming outcomes. There have been 29 fires at battery storage facilities in South Korea since 2017. Whether or not this should raise red flags for players is a bit more complicated. This week Switched On speaks with decentralized energy analyst Yayoi Sekine and energy storage analyst James Frith.This episode is based on a report titled Ensuring Safe Use of Lithium-Ion Batteries. BNEF clients can access this report on bnef.com or BNEF Mobile, or at BNEF<GO> on the Bloomberg Terminal.Switched On is hosted this week by Dana Perkins.See omnystudio.com/listener for privacy information.

Food delivery services have an impact on vehicle miles traveled, at least right now. But will food delivery services be around long enough to make a dent in this metric in the long term? This week Switched On speaks with intelligent mobility analyst Andrew Grant about food delivery and the market dynamics in that sector. He'll also tell us more about why food delivery is important for BNEF to understand, how he's thinking about it, and what it could mean for our long-term transport forecast.This episode is based on a report titled Can Food Delivery Services Deliver Profits? BNEF clients can access this report on bnef.com or BNEF Mobile, or at BNEF<GO> on the Bloomberg Terminal.Switched On is hosted this week by Mark Taylor and Dana Perkins.See omnystudio.com/listener for privacy information.

For universal electrification to become reality by 2030, some 238 million households will need to gain electricity access in sub-Saharan Africa, Asia and island nations. Mini-grids can serve almost half of this total – an estimated 111 million households. This week, Switched On speaks with Takehiro Kawahara, head of Frontier Power for BloombergNEF, and senior modeling analyst Ulimmeh Ezekiel, about a report they did in collaboration with the Sustainable Energy for All initiative on the global mini-grid market -- the challenges, drivers, opportunities, and potential impact on electrification.This episode is based on a report titled State of the Global Mini-Grids Market 2020. BNEF clients can access this report on bnef.com or BNEF Mobile, or at BNEF<GO> on the Bloomberg Terminal. Listeners can also find this report at seforall.org.Switched On is hosted this week by Dana Perkins and Mark Taylor.See omnystudio.com/listener for privacy information.

We all know wind and solar are intermittent -- at some point the sun stops shining and the wind stops blowing. But is wind and solar power reliable? The answer seems to be that at least with a battery, yes, it is. This week Switched On speaks with Nat Bullard, chief content officer for BloombergNEF, about the future of renewables on the grid. We discuss renewables reliability, competitiveness of gas peakers in a renewables-plus-storage world, and what to do with old wind and solar farms.This episode is based on the weekly Sparklines series from Bloomberg Green, by Nat Bullard.Users can access this series on bloomberg.com, or on Bloomberg Anywhere at NI BULLARD<GO>. Switched On is hosted this week by Mark Taylor.See omnystudio.com/listener for privacy information.

Mexico became one of the hottest markets for clean energy development. Newly open Mexico attracted billions in investment driven by three highly successful auctions that are tied to more than 8GW of new wind and solar capacity. But policy under president Andres Manuel Lopez Obrador, or AMLO, has taken a U-turn. Since taking office in late 2018, AMLO has cancelled Mexico’s renewable energy auctions and sidelined national clean energy targets. And recent regulation goes further, asserting that renewables threaten Mexico’s power grid, placing at risk over 4.5 gigawatts of wind and solar currently under development. This episode is based on a report titled No Winners in AMLO's Clean Energy Feud. BNEF clients can access this report on bnef.com or BNEF Mobile, or at BNEF<GO> on the Bloomberg Terminal.Switched On is hosted this week by Mark Taylor.See omnystudio.com/listener for privacy information.

Lower manufacturing costs, innovative launch vehicles, miniaturized sub-systems and new sensor technologies have resulted in a surge in the number of satellites orbiting earth. The more than 1,300 small satellites orbiting earth means we can now scan any given location on the planet multiple times per day -- and not just with cameras, but with sensors that measure atmospheric pressure, temperature, and more. This week, Switched On speaks with technology analyst Sarrah Raza about the rapid growth in the industries that make these small satellites, send them to space, and analyze the data they send back.This episode is based on a report titled Tiny Satellites – Space’s Next Frontier. BNEF clients can access this series on bnef.com or BNEF Mobile, or at BNEF<GO> on the Bloomberg Terminal.Switched On is hosted this week by Mark Taylor.See omnystudio.com/listener for privacy information.

The European Commission on 27 May proposed 1.85 trillion euros in stimulus spending over the next seven years, 25% of which must go to things classified as ‘green’. Notable parts of the proposed spending include building renovations to improve efficiency, a massive roll-out in electric vehicle charging infrastructure, and enough spending on hydrogen to make it competitive a lot sooner than it would be otherwise. This week, Switched On speaks with energy transition analyst Dario Traum about the proposed spending, what it means to be 'green', and the questions that need to get answered before the money can be spent.This episode is based on a report titled How Green is the EU's Trillion-Euro Recovery Plan? BNEF clients can access this series on bnef.com or BNEF Mobile, or at BNEF<GO> on the Bloomberg Terminal.Switched On is hosted this week by Dana Perkins and Mark Taylor.See omnystudio.com/listener for privacy information.