The Energy Gang Live from NYU’s '2040 Now' Event
Energy Gang
Wood Mackenzie
4.6 • 1.3K Ratings
🗓️ 21 April 2023
⏱️ 57 minutes
🧾️ Download transcript
Summary
It’s a special edition of the Energy Gang this week. New York University’s 2040 Now event is an initiative focused on addressing the challenges posed by climate change, and this week the Energy Gang joined in. As part of the week of exercises, talks, exhibitions and discussions, regular Energy Gang member Amy Myers-Jaffe led a workshop on building energy transition scenarios, looking for ways to deepen our understanding of the present and strengthen our predictions about the future. The Energy Gang was there to record live in the Kimmel Center for University Life at NYU.
Scenario analysis is particularly useful for analyzing the energy transition, because its trajectory is still uncertain, and a large number of variables can influence outcomes. Some of the most important of those variables are qualitative rather than quantitative, making them hard to analyze in a computer simulation such as an energy systems model. Thinking about a wide range of scenarios is a vital tool for testing assumptions and highlighting alternative possibilities.
Amy and host Ed Crooks were joined by Energy Gang regular Robbie Orvis, Senior Director of Modelling and Analysis at the think-tank Energy Innovation, and by Erin Coughlan de Perez, Dignitas Associate Professor at Tufts University.
With contributions from NYU professors, students and invited guests, they discussed the aspects of climate, policy, technology and finance that will shape our energy system and climate over the decades to come. And they ask the question: when we try to predict the future of energy, what are we missing?
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Transcript
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| 0:00.0 | The Energy Gang is brought to you by Wilsonson's CD Goodrich and Resorting. |
| 0:03.9 | The premier legal service is provider to technology, life sciences and clean energy enterprises. |
| 0:09.5 | Wilsonson's CD has built a leading energy and climate solutions practice, |
| 0:13.2 | and its team is dedicated to a single goal, advancing what's next in the energy industry. |
| 0:18.6 | Wilsonson's CD is a firm of choice for companies investors and lenders worldwide. |
| 0:22.8 | They work with innovative early stage companies on transactions agreements and represent clients |
| 0:27.3 | in large-scale energy project financings and market opening regulations. |
| 0:31.8 | For more information about Wilsonson's CD's Energy and Climate Change team, visit WSGR.com. |
| 0:44.8 | Hello and welcome to a special edition of the Energy Gang, |
| 0:47.7 | taping from New University in downtown New York City. We have something a bit different for you |
| 0:53.2 | today. We're going to be joining NYU's scenarios event, which is an event where professors and |
| 0:58.0 | students and outside experts get together to think about what our climate and energy future might |
| 1:02.3 | look like. The idea is to think about what we expect to happen over the next two decades or so, |
| 1:06.8 | and a particular to think about how we might be wrong in those expectations. By getting together |
| 1:11.7 | about 50 people with a wide range of different perspectives on energy and climate, |
| 1:15.9 | we aim to put our ideas and expectations to the test. What forecasts can we be confident about, |
| 1:21.5 | and when are we really just guessing? What aspects of the climate, policy, |
| 1:25.1 | technology and finance might surprise us over the years and decades to come. |
| 1:29.5 | What might turn out better than we expected, and what could be worse, |
| 1:32.8 | and what blind spots and biases are going to lead us astray when we try to predict the future. |
| 1:37.7 | These are the kinds of issues we're going to try to address at this event and on this podcast. |
| 1:42.4 | To start us off, I'm going to hand over to Energy Gang regular Amy Myers-Jaffee, |
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