offshore wind

Calum, Geoff and Andy are joined in Aberdeen by an audience of 300 to discuss Scotland's Energy policy. Answering questions are Gillian Martin, SNP MSP (Aberdeenshire East, Constituency) and Energy Minister; Sarah Boyack, Labour MSP (Lothian Region), and Party Spokesperson on Energy, Just Transition and Net Zero and Douglas Lumsden, Conservative MSP (North East Scotland Region) and Party Spokesperson on Energy, Net Zero and Transport.

In association with SSE Berwick Bank. Find out more: https://www.berwickbank.com/

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We discuss the COVID inquiry and the revelations about Nicola Sturgeon and Jason Leitch's WhatsApps. Plus, Alex Meredith from SSE Berwick Bank joins to preview our Energy Special in Aberdeen next week. Sandy Begbie, the Chief Executive of Scottish Financial Enterprise, joins us to discuss the impact of COVID on the economy, the Scottish budget, attracting talent, and the education system in Scotland.

In association with SSE Berwick Bank. Find out more: https://www.berwickbank.com/

Become a member at https://plus.acast.com/s/holyroodsources.

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

The effort to decarbonize the US electricity grid involves a range of technologies and power sources. Solar is part of the solution, nuclear may also be a component. Battery storage is key. And so is wind — both onshore and offshore. While there are challenges throughout the process, the offshore wind industry in particular has seen a number of setbacks lately, with the Danish company Orsted having recently made headlines for pulling out of a project slated to be built off the coast of New Jersey. Challenges range from surging commodity costs to a scarcity of vessels, the bidding process for deals, and of course, the surge in interest rates over the last two years. On this episode, we speak with Chelsea Jean-Michel, an offshore wind industry analyst at BloombergNEF, to get a clear breakdown of the problems, the degree to which these challenges threaten the larger trajectory of the industry, and the efforts to decarbonize the grid.

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Your morning briefing, the business news you need in just 15 minutes.

On today's podcast:
(1) The CEO of energy firm SSE tells Daybreak Europe the UK Government needs to reassure markets on green investments.

(2) The BoE prepares to raise rates with traders split on whether the MPC opts for 25 or 50 basis points.

(3) Two Former US Treasury Secretaries call for action on the country's ballooning debt.

(4) Treasuries become an increasingly ineffective hedge for stocks, as the two move in tandem. 

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