193. The Seven Deadly Sins of the Energy Transition

193. The Seven Deadly Sins of the Energy Transition

Three wise men met and discussed the Seven Sins of The Energy Transition. Laurent, Gerard and Michael dissect seven sectors that have captured attention, investments and public money and are at best dead ends, at worst disasters waiting to happen.
  1. Greed — “Subsidy Mining in a Lab Coat” (Carbon Capture & Direct Air Capture)
    A capital-intensive detour that soaks up public money while delivering trivial abatement at extreme cost, great PR for incumbents, weak climate math.
  2. Gluttony — “Three Kilowatt-Hours to Move One” (Hydrogen-for-Energy)
    An energy-wasting appetite: make H₂ with clean power, then throw most of that power away moving, compressing, liquefying, and reconverting it—useful only in narrow industrial niches.
  3. Sloth — “Always ‘On Time’ by 2040” (Small Modular Reactors)
    Perma-prototype promises that stay years late and dollars short while wind, solar, and storage deploy at scale now.
  4. Pride — “We Will Bottle the Sun” (Fusion Salvationism)
    Technological hubris as strategy: a captivating physics quest, but not a climate plan for the 2030s. Invest in science, don’t budget on miracles.
  5. Lust — “Drop-In Fantasies for Every Engine” (Biofuels-Everywhere)
    The seductive promise of pouring yesterday’s fuels into tomorrow’s problems; keep them for hard-to-electrify edges, not as a universal fix.
  6. Wrath — “Culture War at Sea” (America’s Offshore-Wind Own-Goals)
    Ideological backlash, litigation, and policy whiplash torch viable projects and local supply chains while the rest of the world builds.
  7. Envy — “Green Halo by Checkbox” (ESG Box-Ticking)
    Chasing ratings and labels instead of real-world decarbonization and cash-flow-relevant risk; better to separate E, S, and G and measure outcomes

Jaksot(174)

65. Our Predictions for 2022 - jan22

65. Our Predictions for 2022 - jan22

Happy new year 2022 to all our listeners. In this Episode, its Nostradamus vs. Cassandra all over again: Laurent and Gerard review their 2021 predictions (Episode 42) and look forward to the future. H...

2 Tammi 202230min

64. Unstoppable solar - dec21

64. Unstoppable solar - dec21

2021 looked like an “annus horribilis” for the solar industry. Price increases, supply chain problems, threat of taxes on importations. Is the solar industry at the end of 2021 just doom and gloom? Ab...

15 Joulu 202123min

63. Ultra-fast EV charging (and mini grids) - dec21

63. Ultra-fast EV charging (and mini grids) - dec21

EV charging is developing exponentially. It is now a 30bnUSD market per year, growing at a astonishing pace of 20%. More than 1.5m EV charging stations are now operational in the world, 50% in China, ...

1 Joulu 202128min

62. ESG investing: A force for good or blah blah blah? - nov21

62. ESG investing: A force for good or blah blah blah? - nov21

As COP26 comes to a close, there has been a flurry of commitments to invest trillions of dollars in green technologies and carbon neutral projects. That is the core of ESG investing (or is it?).ESG in...

15 Marras 202132min

61. The future of power distribution networks (with ENEL) - nov21

61. The future of power distribution networks (with ENEL) - nov21

Renewables are developing very fast, but without a proper distribution system, the energy transition will soon stall. So, what does tomorrow’s green grid looks like? It seems like a dull subject, but ...

1 Marras 202124min

60. From Energy Transition to Energy Crunch: The “Natgaspocalypse” - oct21

60. From Energy Transition to Energy Crunch: The “Natgaspocalypse” - oct21

For the past decade, Natural Gas has been promoted as the “Clean, Reliable and Cheap” fuel to assist the Energy Transition. Well that cosy theory, heavily promoted by the fossil fuel companies, is col...

15 Loka 202122min

59. Long Duration Energy Storage: the “Final Frontier” - oct21

59. Long Duration Energy Storage: the “Final Frontier” - oct21

What are the technological options to compensate for – as the German say - the “Dunkelflaute” (dark doldrums), those winter weeks of low winds and low solar? That’s the code that will have to be crack...

1 Loka 202133min

58. Fuel Switch or Fuel Fix for Steel and Cement? - sep21

58. Fuel Switch or Fuel Fix for Steel and Cement? - sep21

Steel and cement with their 2,000 mills and 3,000 kilns, together currently emit 15% of the world’s CO2. So far, they’ve been exempted from carbon trading or carbon pricing, which means no significant...

15 Syys 202127min

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