Solving the Food-Cooling Conundrum: Making Storage Sustainable

It’s something we reiterate every episode: we’ll achieve net zero by adopting the new energy transition technologies that are developed every day around the world. Often we focus on the main areas: the solar tech, the ways the industry is maximizing wind power or the developments being made in sustainable aviation fuel. This week however, David turns his attention to an often over-looked but important piece in the energy transition puzzle: how to improve efficiency and create total sustainability in food and medicinal storage.  40% of our total food production is thrown away before it reaches plates. That’s a US$1.6 trillion a year problem, and it’s caused primarily by poor food storage. Refrigerated storage is costly and uses a huge amount of energy.  With the entire world in an energy crisis, the strain on the US power grid has caused states to put caps on the amount of energy being used in businesses and in homes. Restaurants are particularly liable to waste due to food safety laws which demand that food must be thrown away if improperly stored. That can be caused by anything from faulty equipment to food being stored in a place below the required temperature threshold. With energy prices skyrocketing, businesses need a way to improve efficiencies in storage. How can this be solved?  We investigate the ways that the industry can save energy and reduce emissions with founder and CEO of Therma, Manik Suri. Therma is a tech startup that builds safety and sustainability tools to eliminate food waste, improve energy efficiency and reduce refrigerant emissions — protecting consumers and combating climate change. It’s not just refrigeration – Therma also focuses on cooling in a broader sense. Malik claims that improving ventilation is another way of creating efficiencies in energy use and saving individuals money. The world is paying the price for the inefficiencies across the entire supply chain, so streamlining and reducing energy use has a knock-on effect, and ultimately could lead to significant positive impacts for the world in combatting climate change. The Interchange podcast is brought to you by Schneider Electric.   Are you looking for more energy control but worry about the upfront costs of a microgrid and renewables? Schneider Electric have you covered.   Schneider Electric offers Energy as a Service for customers like you who spend $40,000 or more each month on energy. With Energy as a Service, you get customized solutions to help you meet goals for sustainability, efficiency, and cost control — including a microgrid and adjacent energy infrastructure. They also handle every step of the process, and assume financial and operational risks.   Upgraded electrical equipment. Reduced emissions. Predictable long-term pricing. Energy as a Service provides all this, and more.   Visit se.com/us/eaas to find out if Energy as a Service is right for you.   The RE+ conference is the clean energy industry's largest and most comprehensive event in North America. This year it’s taking place in Anaheim, California from Sept. 19 through to Sept. 22. Wood Mackenzie is excited to be attending the conference this year and we hope to see you there on the floor. To learn more about RE+, including how to buy tickets, visit woodmac.com/replus 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/