Скачать или смотреть The connected world of energy | Energy Gang (Podcast - Video)

The energy system is evolving fast and everything is becoming connected. Technologies, sectors and regions are now so intertwined that success depends on understanding how they interact.

In this episode, host Ed Crooks speaks with Jason Liu, Chief Executive of Wood Mackenzie and co-author (with Chief Analyst Simon Flowers) of the new book Connected: Bringing predictability to the increasingly uncertain world of energy, and Sunaina Ocalan, Senior Analyst and Co-Head for Americas Energy & Transition at Bernstein Research. Together, they explore how energy leaders can plan, invest, and operate effectively in an increasingly complex global energy landscape.

This episode dives into the powerful interconnections shaping today’s energy world — from hydrocarbons to renewables, from AI to analytics, and from strategy to execution.

They explore:

The language of “the energy transition” and whether it hides the realities of global energy demand.
Why hydrocarbons will remain critical even as renewables surge.
How companies are integrating technologies like solar, storage, and gas to power data centers.
How energy leaders are using scenario analysis and “exit ramps” to navigate uncertainty.
The importance of real, integrated data and the traps of overreliance on models.
How AI and “hyper-modelling” are transforming forecasting and strategy.
The human factor: why judgment and interpretation remain essential in an AI-driven world.
The US$75 trillion investment opportunity and what it will take to seize it.

In this episode:
00:00 Introduction and welcome
00:29 Meet the guests: Jason Liu and Sunaina Ocalan
01:42 Jason's background: From wind farms to energy tech and AI
03:06 Sunaina's journey: Entering energy by accident, staying by choice
05:08 The changing energy landscape: Why predictability has disappeared
06:56 New complexity and volatility in energy planning
08:27 Key challenges facing energy companies today
10:46 Real-world examples: $80 billion in lost value from poor decisions
13:06 Energy "transition" vs "evolution"
16:15 Balancing four key pillars: Climate, demand, regulation, and security
18:06 Regional differences in energy priorities (Europe vs China vs US)
19:33 The rise of integrated energy plans: Solar + gas combinations
20:48 Hess's approach to net zero and strategic decision-making
24:07 The data revolution: Why bad data leads to bad decisions
27:24 Using data for strategic planning and bias recognition
30:55 AI's four major changes in energy decision-making
34:53 Hyper modelling: The future of predictive analytics
35:53 Practical advice: The "winning trifecta" for energy companies
38:42 Scenario planning and understanding asset roles in portfolios
41:31 Final thoughts: Agility and the $75 trillion opportunity
42:44 Why this is the best time for the energy sector

Guests:
Jason Liu, Chief Executive, Wood Mackenzie
Sunaina Ocalan, Senior Analyst & Co-Head, Americas Energy & Transition, Bernstein Research

Host:
Ed Crooks, Vice Chair, Americas at Wood Mackenzie, and host of Energy Gang

Resources:
Download the book (free): Connected: Bringing predictability to the increasingly uncertain world of energy: https://www.woodmac.com/EPiServer/CMS...
Read Ed Crooks’ Energy Pulse Blog: https://www.woodmac.com/blogs/energy-...

Links:
Energy Gang on woodmac.com: https://www.woodmac.com/podcasts/the-...
Energy Gang on Apple podcasts: https://podcasts.apple.com/gb/podcast...
Energy Gang on Spotify: https://open.spotify.com/show/0GT5BuD...
Ed Crooks’ Energy Pulse Blog: https://www.woodmac.com/blogs/energy-...

Let us know what you think! We’re on X at @theenergygang and Bluesky at @theenergygang.bsky.social. Follow the show so you don’t miss an episode – we’ll be back in two weeks, Tuesday morning at 7am ET.