Who Informs The Energy Policy Makers with Dr John Feddersen
Everything Electric Podcast
The Fully Charged Show
4.9 • 1.5K Ratings
🗓️ 16 January 2023
⏱️ 63 minutes
🧾️ Download transcript
Summary
Global energy markets are a very complex topic, and those in the industry spend years studying and analysing the data to understand how all the technologies, new and old, work together, impact each other and ultimately affect how much we pay, what we pay for, and who makes all the money. In this week's podcast Robert is joined by Dr John Feddersen, CEO and founder of Aurora Energy Research, a subscription research business in the power sector, to get a behind the scenes look at how energy markets work.
Supplying quantitative analysis through an agnostic approach, Aurora Energy Research helps policy makers, power companies, developers and Governments with their energy supply decisions. This podcast is a fascinating insight into the conversations we as consumers never get to hear.
Transcript
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| 0:00.0 | Hello and welcome to another episode of The Fully Charged Podcast. There's quite a lot |
| 0:18.5 | of activity that goes on behind the scenes in every industrial and governmental department. |
| 0:27.5 | I'm sure you can imagine. You know, that's not public-facing. So we often know about the sort of |
| 0:32.3 | public-facing stuff of big companies and car makers and electricity companies and where people |
| 0:39.2 | you buy your electricity from, but we don't know what goes on behind the scenes with the |
| 0:43.7 | organisation of things like a grid in a country or a kind of background of energy generating |
| 0:52.0 | and how it's done and who pays for it and where the money goes and how it all fits together |
| 0:57.9 | in a marketplace. And one of the most complicated marketplaces I've ever thought about tried to |
| 1:04.8 | understand, listened to people talking about, is the energy market. Because I can sort of understand |
| 1:10.5 | you make cars. So you buy iron ore from a mining company and you buy plastics and rubber from |
| 1:17.8 | an oil company and you buy electronics from maybe a Chinese company and you put that all together |
| 1:23.7 | and you make a thing and then you sell it and that's kind of, you know, it's complicated but it's |
| 1:28.6 | sort of understandable and you've got to sell it for more than you make it for or you go bankrupt |
| 1:34.0 | and all those things, you know, that I can understand. Energy markets, mind-boggling and I had a really good |
| 1:43.0 | education in this and really an education in realising how little I understood earlier this |
| 1:50.8 | year in Oxford in the UK. When I attended a conference, Aurora Energy Finance, what are the |
| 2:00.2 | energy analytics? I think is their official term. I'm just going to make sure. No, it's not even that. |
| 2:05.0 | It's Aurora Energy Research. So they spend and it's like not one or two. There's 300 of them around |
| 2:11.3 | the world in this organisation that study energy markets, study new technologies that are being |
| 2:17.4 | introduced into the energy sector, study the impact that solar has on the coal industry or the |
| 2:23.5 | impact that wind has on the gas turbines and the impact that renewables and storage has on the |
| 2:29.6 | nuclear industry and the impact the nuclear industry has on the gas industry. All those relationships |
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