Oil and gas prices are rising again as the Iran war shakes global energy markets. But so far Europe’s power system is holding up better than in 2022, when Russia invaded Ukraine. More renewables and lower demand have made Europe’s energy system more resilient, even as prices edge higher. Yet gas still matters, and as coal exits the power mix, exposure to future shocks could grow. So how vulnerable is Europe if disruption deepens? On today’s show, Kamala Schelling is joined by Kesavarthiniy Savarimuthu, BNEF’s head of European Power, to discuss her note: “Iran War Hasn’t Sparked a New European Energy Crisis - Yet.”

Complementary BNEF research on the trends driving the transition to a lower-carbon economy can be found at BNEF<GO> on the Bloomberg Terminal or on bnef.com

Links to research notes from this episode:

Iran War Hasn’t Sparked a New European Energy Crisis - Yet - https://www.bnef.com/insights/38917

Oil and gas prices are rising again as the Iran war shakes global energy markets. But so far Europe&rsquo;s power system is holding up better than in 2022, when Russia invaded Ukraine. More renewables and lower demand have made Europe&rsquo;s energy system more resilient, even as prices edge higher. Yet gas still matters, and as coal exits the power mix, exposure to future shocks could grow. So how vulnerable is Europe if disruption deepens? On today&rsquo;s show, Kamala Schelling is joined by Kesavarthiniy Savarimuthu, BNEF&rsquo;s head of European Power, to discuss her note: &ldquo;Iran War Hasn&rsquo;t Sparked a New European Energy Crisis - Yet.&rdquo;
Complementary BNEF research on the trends driving the transition to a lower-carbon economy can be found at BNEF&lt;GO&gt; on the Bloomberg Terminal or on <a href="https://www.bnef.com/">bnef.com</a>
Links to research notes from this episode:
Iran War Hasn&rsquo;t Sparked a New European Energy Crisis - Yet - <a href="https://www.bnef.com/insights/38917">https://www.bnef.com/insights/38917</a>

The future of energy, transport, sustainability and more, as told by BNEF analysts. Each week, Dana Perkins and Tom Rowlands-Rees sit down with BloombergNEF (BNEF) analysts to uncover the key findings and stories behind their latest research.

The future of energy, transport, sustainability and more, as told by BNEF analysts. Each week, Dana Perkins and Tom Rowlands-Rees sit down with BloombergNEF (BNEF) analysts to uncover the key findings and stories behind their latest research.

The future of energy, transport, sustainability and more from Bloomberg analysts

Switched On

European Power Confronts Gas Shock: Analyst Reaction

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/0001d8f8-26aa-42e8-88cf-b417009755f9/transcript

The cost to build and run clean-power projects used to be heading in one direction: down. That story is now getting more complicated. Battery storage costs continued to fall last year, while most other technologies became more expensive. Yet comparing technologies is far from straightforward. So how should we interpret these shifts in an increasingly complex power system, and what do these changing cost dynamics mean for the next phase of the energy transition? On today’s show, Tom Rowands-Rees is joined by Amar Vasdev, a senior associate from BNEF’s energy economics team, to discuss findings from the “Levelized Cost of Electricity 2026,” an annual flagship benchmark comparing the cost of building and running different power-generation technologies.

Complementary BNEF research on the trends driving the transition to a lower-carbon economy can be found at BNEF<GO> on the Bloomberg Terminal or on bnef.com

Links to research notes from this episode:

Levelized Cost of Electricity 2026 - https://www.bnef.com/flagships/lcoe

The cost to build and run clean-power projects used to be heading in one direction: down. That story is now getting more complicated. Battery storage costs continued to fall last year, while most other technologies became more expensive. Yet comparing technologies is far from straightforward. So how should we interpret these shifts in an increasingly complex power system, and what do these changing cost dynamics mean for the next phase of the energy transition? On today&rsquo;s show, Tom Rowands-Rees is joined by Amar Vasdev, a senior associate from BNEF&rsquo;s energy economics team, to discuss findings from the &ldquo;Levelized Cost of Electricity 2026,&rdquo; an annual flagship benchmark comparing the cost of building and running different power-generation technologies.
Complementary BNEF research on the trends driving the transition to a lower-carbon economy can be found at BNEF&lt;GO&gt; on the Bloomberg Terminal or on <a href="https://www.bnef.com/">bnef.com</a>
Links to research notes from this episode:
Levelized Cost of Electricity 2026 - <a href="https://www.bnef.com/flagships/lcoe">https://www.bnef.com/flagships/lcoe</a>

Clean Power Costs Split After Years of Alignment

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/e328e28c-72a9-47e7-afb6-b418017d007e/transcript

The US energy transition has hit an inflection point. Electricity generation reached a 20-year high last year, as renewables and energy storage accounted for 90% of new capacity additions. Energy-transition investment reached a record $378 billion, and more electric vehicles were sold than ever before. Yet all these headline figures occurred as federal policy support for clean technologies was scaled back. So what do the numbers really reveal about the state of the US energy transition, and how resilient are clean technologies as policy winds shift? On today’s show, Tom Rowlands-Rees is joined by Ethan Zindler, BloombergNEF’s head of country and policy research, and Trina White, a senior associate from the North America transition team, to review findings from the 2026 edition of the “Sustainable Energy in America Factbook,” which is produced each year in collaboration with the Business Council for Sustainable Energy.

Complementary BNEF research on the trends driving the transition to a lower-carbon economy can be found at BNEF<GO> on the Bloomberg Terminal or on bnef.com

Links to research notes from this episode:

Sustainable Energy in America Factbook: 2026 Edition - https://www.bnef.com/insights/38735

The US energy transition has hit an inflection point. Electricity generation reached a 20-year high last year, as renewables and energy storage accounted for 90% of new capacity additions. Energy-transition investment reached a record $378 billion, and more electric vehicles were sold than ever before. Yet all these headline figures occurred as federal policy support for clean technologies was scaled back. So what do the numbers really reveal about the state of the US energy transition, and how resilient are clean technologies as policy winds shift? On today&rsquo;s show, Tom Rowlands-Rees is joined by Ethan Zindler, BloombergNEF&rsquo;s head of country and policy research, and Trina White, a senior associate from the North America transition team, to review findings from the 2026 edition of the &ldquo;Sustainable Energy in America Factbook,&rdquo; which is produced each year in collaboration with the Business Council for Sustainable Energy.
Complementary BNEF research on the trends driving the transition to a lower-carbon economy can be found at BNEF&lt;GO&gt; on the Bloomberg Terminal or on <a href="https://www.bnef.com/">bnef.com</a>
Links to research notes from this episode:
Sustainable Energy in America Factbook: 2026 Edition - <a href="https://www.bnef.com/insights/38735">https://www.bnef.com/insights/38735</a>

US Clean Energy Factbook: Generation Hits 20-Year High

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/f55f4552-942a-49f0-9def-b41100737290/transcript

Private capital is reshaping the energy transition. Once a niche corner of finance, private markets now manage tens of trillions of dollars globally, with a growing share directed toward clean energy strategies What sets this capital apart is not just scale, but structure: real assets such as wind, solar, grids and storage dominate, reflecting a preference for infrastructure-style returns and contracted cash flows. Dedicated transition funds have surged over the past decade, yet billions still sit as “dry powder,” committed but not yet deployed. So how does private capital influence where megawatts get built, and what does its rapid growth signal about the next phase of energy transition investment? On today’s show, Tom Rowlands-Rees is joined by Ryan Loughead, a senior associate from BNEF’s finance and investment team, to review findings from the note “Private Markets Primer: Mega Funds to Megawatts.”

Complementary BNEF research on the trends driving the transition to a lower-carbon economy can be found at BNEF<GO> on the Bloomberg Terminal or on bnef.com

Links to research notes from this episode:

Private Markets Primer: Mega Funds to Megawatts - https://www.bnef.com/insights/38547

Private capital is reshaping the energy transition. Once a niche corner of finance, private markets now manage tens of trillions of dollars globally, with a growing share directed toward clean energy strategies What sets this capital apart is not just scale, but structure: real assets such as wind, solar, grids and storage dominate, reflecting a preference for infrastructure-style returns and contracted cash flows. Dedicated transition funds have surged over the past decade, yet billions still sit as &ldquo;dry powder,&rdquo; committed but not yet deployed. So how does private capital influence where megawatts get built, and what does its rapid growth signal about the next phase of energy transition investment? On today&rsquo;s show, Tom Rowlands-Rees is joined by Ryan Loughead, a senior associate from BNEF&rsquo;s finance and investment team, to review findings from the note &ldquo;Private Markets Primer: Mega Funds to Megawatts.&rdquo;
Complementary BNEF research on the trends driving the transition to a lower-carbon economy can be found at BNEF&lt;GO&gt; on the Bloomberg Terminal or on&nbsp;<a href="https://www.bnef.com/">bnef.com</a>
Links to research notes from this episode:
Private Markets Primer: Mega Funds to Megawatts - <a href="https://www.bnef.com/insights/38547">https://www.bnef.com/insights/38547</a>

Private Capital: Turning Mega Funds Into Megawatts

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/c16b3f9c-f797-4b8c-aef0-b409011f9fd5/transcript

European Power Confronts Gas Shock: Analyst Reaction

In 1 playlist(s)

Switched On

Social links

Follow podcast

Recent clips