California’s Optimal Decarbonization Path [Special Content From Wartsila]

This is a sponsored episode produced by GTM Creative Strategies in collaboration with Wärtsilä.  In August, California’s grid operators shut off power for millions of residents during an historic heat wave. The blackouts caused confusion and outrage in the state. People were looking for someone to blame: an agency, a utility, or a technology like renewables. We now know what happened. The cause was detailed in a lengthy, multi-agency investigation. It was a unique combination of factors, including a lack of preparation for extreme events. So will this hurt California’s decarbonization efforts? “I do not think it changes the decarbonization goals. I think, if anything, it calls for the acceleration of moving toward a system that is more resilient, that is decarbonized,” says Amisha Rai, managing director at Advanced Energy Economy. So if California’s blackouts accelerate clean-energy efforts further, how can we apply lessons from this summer? That’s what we’re covering in this episode, produced in collaboration with Wärtsilä.  “Now, it is very important to figure out a practical and realistic plan. I think California is working very hard on it. Without the plan, you will end up in ad hoc situations easily,” says Jussi Heikkinen, director of growth and development for the Americas at Wärtsilä. In this episode, Jussi will outline all the optimal scenarios for decarbonizing California’s grid -- even while managing the threat of extreme events. Wärtsilä creates smart, flexible power technologies to enable a cleaner grid and put the world on a path to 100% renewable energy. Read the “Path to 100% for California” report discussed in this episode. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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Clean tech, green finance and energy innovation are the three lanes on the road to a successful global energy transition. At the intersection of these lanes is a place where ideas on finance, technology and policy are shared and debated. That intersection is Interchange Recharged.  Sylvia Leyva Martinez, principal analyst at Wood Mackenzie, invites visionaries, entrepreneurs, policy-makers and energy analysts to explore the newest developments in renewable technology, explain the ideas on global energy policy that could accelerate the energy transition, and identify new funding and financial models that could solve the biggest challenges we face on the way to net zero.  Sylvia and her guests bring you data and forecasts on clean technology, climate science, and offer predictions on the build out of utility-scale projects and the future of green finance. What impacts do the annual UN Conference of the Parties have on decarbonisation goals and climate change? What will COP30 bring? What’s happening in global EV adoption and development? What’s the forecast for solar energy, one of the major success stories of renewable energy in the last ten years? What does the data tell us about the future of hydrogen, of nuclear, or of low-carbon power?  These are examples of the insights and detailed analyses you can expect bi-weekly on Tuesdays at 7am ET.  If you like The Energy Transition Show, Catalyst with Shayle Kann, The Big Switch from Columbia University, Open Circuit with Stephen Lacey or The Green Blueprint, you’ll enjoy Interchange Recharged.  Want to get involved with the show? Reach out to podcasts@woodmac.com to: Bring Sylvia and Interchange Recharged to your event Be a guest on the show  Sponsor an episode Ask a question to Sylvia or one of our guests  Check out another leading clean tech global podcast by Wood Mackenzie, Energy Gang, at woodmac.com/podcasts/the-energy-gang Wood Mackenzie is the leading global data and analytics solutions provider for renewables, energy and natural resources. Learn more about Wood Mackenzie on the official website: https://www.woodmac.com/