Xoserve Decarb Discussions

Geopolitics and gas: The cost of energy exposure

Xoserve Episode 22

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0:00 | 24:48

In this episode of the Decarb Discussions podcast, Xoserve’s Orlando Minervino and Poppy Airey, are joined by energy expert David Watson from BFY Group, to examine what the current conflict in the Middle East means for the UK energy system and the lessons policymakers and industry should take forward.

Hear David’s reflections from more than 25 years working across the energy sector as he unpacks how closely the UK gas market is tied to wider geopolitical and macroeconomic events and how these might shape the long-term future of the UK gas sector.

In this episode we discuss:

  • The UK’s exposure to global gas price volatility
  • What the Russia–Ukraine crisis taught us (and what we still haven’t acted on)
  • The energy “trilemma” of security, affordability and decarbonisation
  • The role of low-carbon gases, including biomethane and hydrogen, in reducing long-term price risk
  • Gas storage and the future of the UK gas network
  • Why data, market governance and system rules need to operate at pace as the energy transition accelerates

If you work in policy, gas industry, or have an interest in the future of energy, this episode offers valuable insights into current geopolitical events and the gas sector’s role in the energy transition.

Xoserve Disclaimer:
 
All opinions and statements made by Decarbonisation Discussion Podcasts  participants are considered to be reflective of their individual viewpoint at the time of recording and shall not necessarily be considered as either representative of Xoserve’s opinion, or condoned as such by Xoserve or any of Xoserve’s employees.
 
Xoserve shall not directly or indirectly endorse any participants commercial products or services as a result of them being referenced either during or as a result of the Podcast.