112. Weaponizing of energy: the end of innocence - Dec23

Last episode of the Year. And what a year. We passed 1m downloads since inception. In 2023, we will have 470k downloads up 34% compared to 2022.

Gerard and Laurent saw the Weaponisation of Energy coming: two years ago in Oct 2021, we did Episode 60 called “the Natgaspocalypse”. That was 5 months before the invasion of Ukraine.

Two years into weaponizing energy, it is time to look back and assess. What were the immediate impacts of that crisis. How to evaluate the short-term responses (market, supply chain, government, behaviour, fuel choice). Did the Energy system show resilience, or have we just been lucky?

To make sense of all of this, we brought Andy Sommer on the show. Andy is head of Fundamental Analysis, Modelling & Meteorology at Axpo, a major Renewable Energy Producer and Trader. Andy is responsible for Axpo’s short and mid-term analysis of all global energy markets, from oil to gas and coal, all the way to European power and emission markets.

With Andy, we debate how did that shock impact the eternal debate Climate vs Security of Supply vs Affordability. And beyond the short-term consequences, what are the long-term impacts and the change of mindset that will give more emphasis on Energy Security.

Gerard (the Dove) and Laurent (the Hawk) come with different conclusions, but nevertheless agree on the path forward where Energy Security aligns with the Energy Transition.
We thank Aquila Capital for supporting our show. They have been great partners since inception.
Announcement:
Big changes coming in 2024. We go weekly.
In fact, we are merging the main show, this show, with our second show called Minutes. We created the sister-show Minutes two years ago as a separate experiment, and we have been pleased by its progression, so it is time to go mainstream.
So, in 2024, we will have our main show, not the first and 15 of each month, but the first and third Monday of each month. And then we will have a new revamped minutes (less than 10mns) where we will freewheeling discuss about a topic making the news or important to us. That will be on the second and fourth Monday of each month (and fifth if there is a fifth Monday, which apparently is quite rare). See how it goes. Your comments are welcome.

Which means, friends of Minutes, that the Minutes channel will cease to exist. Stay on the Main show for your Minutes.