An Energy Fireside Chat between Christian Bruch and Ernest J. Moniz

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The Siemens Energy Podcast

Siemens Energy

20 episodes

9 months ago

You are listening to the Siemens Energy Podcast.

The energy sector is undergoing an unprecedented transformation presenting challenges and opportunities. The demand for energy is increasing worldwide and at the same time, it is necessary to combat the effects of climate change and reduce CO2 emissions.

On each episode, we bring you conversations from some of the world's cutting-edge leaders in energy. Our goal is to help you understand energy, the challenges we face today, and what the future holds. Subscribe and be sure to check out our website for more resources at www.siemens-energy.com

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You are listening to the Siemens Energy Podcast.

Hosted on Acast. See acast.com/privacy for more information.

An Energy Fireside Chat between Christian Bruch and Ernest J. Moniz

The Siemens Energy Podcast

38 minutes 33 seconds

4 years ago

An Energy Fireside Chat between Christian Bruch and Ernest J. Moniz

In the inaugural episode of the Siemens Energy Podcast, Christian Bruch, President and CEO of Siemens Energy, hosts a fascinating and wide-ranging chat with Ernest J. Moniz, former US Secretary of Energy and current President and CEO of the Energy Futures Initiative. Topics covered include:

The two important benchmarks of access to electricity enunciated in the UN Quality of Life indicators (i.e the jump from access to hundreds of kilowatt-hours per year to thousands)
The expectations for the coming November 2021 Glasgow COP meeting (action must match rhetoric)
What “de-carbonizing” the economy means in reality (there are sectors that are really difficult to de-carbonize)
The need for negative carbon technologies (de-carbonizing is an insufficient strategy)
The idea that “net zero” can be a distraction (it is a milestone, not a goal)
The realities of renewables (sometimes the wind doesn’t blow)
The weaknesses in global supply chains exposed by Covid-19 (energy and security are deeply linked)

Moniz also discusses the important role that governments can play in unlocking private capital for an energy transformation. While he was Secretary of Energy, Moniz saw $30 billion of financing reach the hands of private capital, which helped various energy sectors take giant leaps forward.

If you enjoyed today’s show, please leave a 5-Star review. For more information and links to all of the resources mentioned in today’s episode, visit Siemens-Energy.com

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