Data and Innovation Are Revolutionizing The Grid

Examining the pioneering ways that smart infrastructures could drive efficiencies. The energy transition will put a huge pressure on the grid. In order to achieve net zero emissions by 2050, annual investment must increase from today's 1 trillion to 4 trillion by 2030. This will fund new technologies such as renewables and storage, but also upgrade the energy grid for transmission and distribution. Outdated power grids in urban areas are currently largely unable to integrate necessary renewable energy sources.     The technology to propel us through the energy transition already exists. The puzzle to solve is how to use it most efficiently. There's not a one size fits all solution to upgrading the grid, but data and smart infrastructure are emerging solutions that promise to drive efficiencies across the network. Every percentage point increase in energy efficiency or energy reduction moves the needle globally in tackling climate change.    On the Interchange: Recharged, we chair a panel discussion with three experts in grid innovation. Rachel Steinberg is Head of Mesa, an initiative from Google's Sidewalk Labs on a mission to drive energy efficiencies in buildings. Josh Chappell is Head of Engineering on the project and also joins us to discuss the technology behind it. The modernisation of the grid is crucial for the energy transition, so understanding these elements is key. To explore the policy reforms and investment driving the changes to the grid is Wood Mackenzie’s Sam Howe, Research Analyst in Building Decarbonisation.     Together, they examine the pioneering ways that clean electricity is directed to the right place.    Follow @InterchangeShow and subscribe so you don’t miss an episode. View the landing page to find all episodes of The Interchange Recharged.  See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Om Podcasten

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/