The Iran war and the energy transition: what happens when the world is focused on supply security, not emissions
About this episode
The episode discusses the impact of the Iran war on global energy supply security and the challenges of balancing emissions reduction with energy needs.
The conflict in the Middle East has created severe disruption to shipping traffic through the Strait of Hormuz, taking roughly 20% of global supplies of liquefied natural gas (LNG) off the market. It has been a reminder that hundreds of millions of people rely on the international gas trade to heat our homes, fuel our industries and keep our lights on. And that trade is highly vulnerable to sudden shocks. In this special episode, recorded at Wood Mackenzie's Gas, LNG and the Future of Energy Conference in London, host Ed Crooks speaks with industry leaders and experts about the forces that are changing the gas business. Security of supply and affordability are now the top priorities for policymakers and business leaders around the world. But climate change has not gone away, and greenhouse gas emissions are going to be an increasingly significant issue in the future. Balancing those three imperatives is the trilemma that the energy industry has to solve. First, Ed talks to Anita Odedra, of the LNG platform MidOcean Energy, to discuss the critical role of geography. When energy supplies from the Middle East are disrupted, assets elsewhere in the world take on a greater…
More episodes of Energy Gang
- How AI is changing the natural gas industry
- It is too hard to build things in America: Can permitting reform begin a new era for energy investment?
- How US utilities are adapting to a high-growth world for power demand. The head of America's largest electricity industry group explains the critical role played by regulators
- Stress test: the Iran war and a US grid under pressure | Live from the ACORE Finance Forum, Day two
- Data, power and dollars: financing the AI energy boom | live from the ACORE finance forum in New York
- A new toll on global energy: Can Iran permanently control the Strait of Hormuz?
Explore listener stats, chart rankings, contacts and more on the Energy Gang podcast page.