This week marks the end of our series on the nexus of competitiveness and the energy transition. Over the past seven episodes, we've delved into the key questions facing European industry as it strives for economic strength and decarbonisation.

In this final episode, David, Jan, and Kira reflect on the insights from our guests, revisiting our first episode on the European Commission’s Clean Industrial Deal and the Draghi report and exploring why competitiveness has become a central concern for lawmakers and business leaders alike.

We’ve covered a lot, from understanding China's role in the global energy transition and navigating complex geopolitical landscapes, to examining the implications of the shifting world order on trade. We also explored practical pathways for European industrial decarbonisation over the next decade, the pivotal role of industrial energy efficiency, and the potential of Europe’s offshore wind sector. Finally, we tackled the important issue of power prices and the potential impact of a decarbonised economy on energy bills.

Tune in to this final episode to hear our reflections and join the conversation. We also encourage you to share your own thoughts and insights on the key themes explored throughout this series—what have you learned, and what do you believe are the most important steps for Europe to take next?

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The cost of power is inextricably linked to Europe’s competitiveness. Bram Claeys from the Regulatory Assistance Project joins Watt Matters to discuss the impact recent price fluctuations have had on European industry and what a decarbonised economy would mean for energy bills

Power prices play a crucial role in the industrial sector. When energy prices rise, it often leads to increased production costs, which can either drive up product prices or squeeze profit margins. 

Many industrial companies are now exploring options for low-carbon energy sources. While these alternatives can provide more affordable power in the long run, they typically require a higher initial investment, which may, in turn, impact overall pricing structures.

This week on Watt Matters, as we near the end of our investigation into competitiveness, we look at how the energy transition is affecting power prices.

In this episode, the Watt Matters team is joined by Bram Claeys, a senior advisor at the Regulatory Assistance Project, to discuss the dilemma of sourcing cheaper and cleaner power while remaining competitive.

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The wind sector could be a key pillar of the European Union’s clean energy future and help bolster the bloc’s competitiveness, but the industry faces significant challenges.

From permitting roadblocks to supply chain bottlenecks, the wind sector is struggling to meet installation targets at a time when Europe is thirsty for more low-cost, clean energy generation.

On this episode of Watt Matters, Ulrik Stridbaek from Ørsted joins the team to discuss the recommendations of the company’s recent report on offshore wind, the potential of Europe’s wind sector and what is needed to support it.

Please share your thoughts in the contribution section on the FORESIGHT app. 

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Making Europe’s industry more efficient can have big benefits: cutting energy consumption, boosting productivity, providing international market advantages and allowing companies to hit green goals. 

There are low hanging fruits that industries can take advantage of, but there needs to be more awareness and a shift in thinking towards efficiency as something that is strategic for companies to invest in to really drive efficiency gains.

On this episode of Watt Matters, Clemens Rohde and Lisa Neusel from the Fraunhofer Institute for Systems and Innovation Research join the Watt Matters team to discuss the benefits of efficient industrial efficiency, the technology needed to achieve it and how this should be reflected in policy.

Even if you have energy efficient technologies, you need to use them efficiently, Rohde says. 

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Europe’s energy-thirsty industries are suffering from high power prices, are at risk of being outpaced by global competitors and need to decarbonise to meet the European Union’s green targets.

The energy transition can help address all of this, by increasing electrification, energy efficiency, circularity and more to develop a decarbonised, competitive industry in Europe.

On this episode, Adèle Naudy-Chambaud from Schneider Electric joins the Watt Matters team to discuss how Europe’s industry can decarbonise over the next decade and what is needed from EU policy to support this.

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Since his return to the White House, President Donald Trump has caused shock waves across global trade. On this episode of Watt Matters, Joseph Francois from the World Trade Institute joins the team to discuss the new trade paradigm and what it means for the energy transition

The world has entered a new paradigm of tense trade and geopolitical relationships at a time when it should be collaborating on decarbonisation. 

Donald Trump's re-election and pursuit of protectionist policies made matters even more complex, throwing a spanner in the works of the energy transition and reshuffling the country’s political alliances.

Recorded before Trump’s wave of new tariffs in early April, on this episode of Watt Matters, the team is joined by Joseph Francois from the World Trade Institute to discuss where the energy transition fits into this new world order and the thinking behind Trump’s approach to trade.

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China is the world’s biggest emitter but also a key driver of the energy transition. The country is responsible for the biggest renewables rollout but also commissioned 70% of new coal capacity in 2024.

The country has also been accused of unfair practices, with markets like the European Union and the United States placing tariffs on its goods. There are also fears that the EU could lose its competitive edge in producing certain technologies to China.

On this episode of Watt Matters, Belinda Schäpe from the Centre for Research on Energy and Clean Air, author of China’s Climate Transition: Outlook 2024, joins the Watt Matters team to discuss China's role in the global energy transition and how to navigate geopolitical challenges in this.

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A flexible grid underpins Europe’s energy transition and helps bring more renewables online. According to statistics from SolarPower Europe, it could also bring big benefits, including saving the European Union €30 billion and avoiding 151 million tonnes of CO2 emissions every year by 2030.

However, to make all of this a reality, Europe’s energy system infrastructure and energy market need to support flexibility.

On this special, live episode of Watt Matters, recorded at the Solar Power Summit in Brussels, a panel of experts joins Kira to discuss flexibility's role in the energy transition and how Europe can improve it.

The panel comprises: 

• Joachim Balke, head of unit for infrastructure and regional cooperation at the European Commission’s energy department, DG ENER 
• Juan Fernandez, chief operating officer at international renewable energy producer, Sonnedix
• Catarina Augusto, senior grids and flexibility advisor at SolarPower Europe
• Sarah Van Cleve, vice president of sales and commercial excellence for Europe, the Middle East, and Africa at energy storage company Fluence

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Today’s uncertain geopolitical context and the economic power of the United States, China, and others mean Europe must find new ways to collaborate and compete in the global economy. By doing so, European countries can create jobs, ensure growth, and, equally importantly, decarbonise.

In late February 2025, the European Commission produced its Clean Industrial Deal. As the name suggests, it is a blueprint to achieve these goals by increasing efforts to decarbonise as well as boost productivity—particularly in the high-carbon-emitting, energy-intensive heavy industrial sector. 

On this first episode of the series, the Watt Matters team is joined by Phuc-Vinh Nguyen, head of the Jacques Delors Energy Centre, an independent think tank providing decision-makers with insights on energy transition issues. This conversation examines what exactly competitiveness means and why it matters to Europe and to society’s decarbonisation efforts.

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The energy transition is gaining momentum. For our Watt Matters series on Energy in 2030, we’ve seen growing interest in new ways to decarbonise our world and tackle climate change.

We’ve looked at carbon removals, industrial electrification, ground source heat pumps, and other innovations vital for transitioning our energy systems and economies to net zero emissions by 2050.

Across the series, energy efficiency has kept cropping up as a critical transition component, often underestimated but essential for reducing energy demand and enhancing system flexibility.

In the series's final instalment, the Watt Matters team reflect on the key takeaways from each episode, the need for tailored approaches and clear communication, and highlights the need for ongoing ambition to reach the world’s 2030 climate and energy targets.

Watt Matters will return for a new series in the Spring of 2025, so keep an eye out. And let us know what areas we should be talking about in the contribution section below. 

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Digitalisation holds big benefits for energy systems, including allowing more renewables to be integrated and providing a picture of what’s happening across the entire system without requiring any physical upgrades.

When it comes to asset management, digitalisation can help companies better understand assets like power plants and allow them to provide more information to their customers.

On this special episode of Watt Matters, recorded live at asset management company 3E’s SynaptiQ Connect Days conference, Kira is joined by a panel of experts to dive into the benefits these technologies can provide. 

Kira welcomes Werner Coppye, 3E’s co-founder and chief technology officer; Ludovica Rosato, digital transformation manager at renewables developer BayWa; and Margarida Correia Pires, head of business development at utility EDP to find out how it works and how to roll it out.

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Carbon removals technologies go beyond the more traditional carbon capture or tree-planting. They look at how to draw carbon directly out of the air so it can no longer cause the damaging greenhouse effect. 

Research into this area is ramping up, with a number of options on the table from Direct Air Capture to enhanced rock weathering. As with many aspects of the energy transition, the funding is growing but still the regulatory landscape is playing catch up.

Joining Watt Matters to discuss this emerging sector is Dr Steve Smith, executive director of Oxford Net Zero and CO2RE—the UK's national research hub on greenhouse gas removal—at the Smith School of Enterprise and the Environment, part of the University of Oxford. 

Steve and the Watt Matters team examine where the sector stands today, what its impact could be in the 2030s, and whether it could risk becoming a distraction from carbon reduction efforts.

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Electrifying as many sectors as possible will play a significant role in reducing emissions to net zero by mid-century. 

While many industrial processes can be easily switched to an electricity-based system, some are proving more difficult. As 2030 approaches, efforts to electrify are accelerating, and many businesses are exploring electrification opportunities. 

In this episode of Watt Matters, Richard Hart, industry director at the American Council for an Energy-Efficient Economy, joins David, Jan and Kira to discuss the low-hanging fruit of electrification that remains unutilised and how different industries can reach harder to decarbonise technologies in the next decade.

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We ask every guest who enters the Watt Matters studio to look into their crystal ball and give their vision of the energy sector in ten-to-twenty years. Their answers are often aspirational but always revealing.  

Many market observers provide their own visions for the future by publishing “scenarios” and “outlooks”. One thing they all have in common is showing the complexity of the energy transition.  

Rystad Energy’s latest forecast, Global Energy Scenarios 2024, tries to simplify the transition by highlighting the three key tasks for a successful energy transition: growing the clean power sector, increasing electrification, and addressing residual emissions. 

Jon Ødegård Hansen, vice president of energy systems research at Rystad Energy, joins David, Jan and Kira to talk about the three steps and how important scenarios like this are in the conversation around decarbonisation.

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By minimising our energy needs, we can accelerate our journey to net zero, making the energy transition not only quicker but also more affordable. 

The COP28 climate negotiations in 2023 saw the successful “triple-up, double-down” campaign, which included the promise to double the energy efficiency improvement rate by 2030. 

To discuss how to ensure energy efficiency remains a top priority for governments and businesses up to 2030 and beyond, our guest this week is Rob Murray-Leach, a founder and former CEO of the Energy Efficiency Council in Australia.

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Wind and solar energy tend to be the main focus when we talk about renewable energy, but geothermal energy also offers many benefits; it is a constant energy source and offers the potential to decarbonise heating and cooling.

Ground-source heat pumps take advantage of the heat underground and can support the transition away from gas boilers, reducing a building's carbon footprint and cutting down on energy costs.

For the third episode of this series, Tamsin Lishman, CEO of Kensa Group, which is rolling out ground source heat pumps in the United Kingdom, joins the Watt Matters team to discuss the benefits of the technology and what is needed to boost its use into the 2030s.

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To make the transition a success, it’s key that these elements work in the real world, and that households are involved in the transition and experience the benefits of a decarbonised society.

For the second episode of this series, Lucy Yu from the Centre for Net Zero joins the Watt Matters team to discuss what changes we can expect in our homes and the research her team is doing into consumer behaviour trends.

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How will that change the way our world looks? And what can we expect the energy transition to look like in 2030? Over the next few weeks, the Watt Matters team will try to answer those questions.

For our first episode, Maria Pastukhova from climate think tank E3G joins the team to discuss why 2030 is such a crucial date, the role of international meetings, like the upcoming COP29 and COP30 meetings, and the world’s progress towards the COP28 goals.

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Circularity is particularly important for our built environment, as construction and renovation sites alone currently generate over a third of the waste that ends up in Europe’s landfills.

EU figures also suggest that greenhouse gas emissions from material extraction, manufacturing of construction products, and the construction and renovation of buildings account for 5-12% of EU countries’ emissions.

Despite the environmental benefits of embracing circularity, the uptake of circular principles in the construction industry is sluggish.

In the second of our special live podcasts—recorded at our event on circularity in Brussels at the end of May 2024—the panel discusses the barriers to shifting to circularity in the construction sector and how they can be overcome.

Joining Sean Carroll on today’s episode are:

●     Philippe Moseley, Team Leader with the European Commission’s DG GROW

●     Adrian Hiel, Head of Campaigns and Media with Energy Cities

●     Julie Kjestrup, Head of Policy and Thought Leadership with the VELUX Group

Our thanks go to lead co-organiser ABB and our supporting organiser VELUX for making the event possible.

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Adopting a more circular economy entails Europe transitioning from its linear economic model of producing, consuming, and disposing of materials to new approaches that aim to keep materials in the value chain for as long as possible. This will involve reducing resource extraction and ensuring that we operate within our planetary limits.

In the first of two special live podcasts—recorded at our event on circularity in Brussels at the end of May 2024—the panel discusses the impact of new regulations out of the European Union aimed at improving circularity and its impact on design and supply chains. 

Joining David Weston on today’s episode are:

Emmanuelle Maire, Head of Unit at DG Environment at the European Commission

Ke Wang, Global Lead for Energy Minerals and Circularity at the World Resources Institute 

Erich Labuda, President ABB Motion

Our thanks go to lead co-organiser ABB and our supporting organiser VELUX for making the event possible. 

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Joining us on Watt Matters this week to discuss how the next era of European lawmakers could approach decarbonisation efforts is Linda Kalcher, executive director of think tank Strategic Perspectives.

In this episode, we discuss how energy politics have changed since Russia’s invasion of Ukraine, whether the European Green Deal is still as strong as it could be, and how the inter-European diplomatic relations are changing as the energy transition advances. 

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Addressing methane emissions is key if the world is to succeed in limiting global warming and preventing drastic climate change. In the short-term, it is significantly more damaging to the climate than carbon dioxide.

But to properly address the world’s methane problem, there needs to be data on where emissions come from. A new satellite aims to help do that.

MethaneSAT was launched earlier this month and boasts unmatched accuracy and precision. It aims to keep track of 80% of the world’s oil and gas industry – one of the major polluters of methane.

Daniel Zavala, a senior scientist at the Environmental Defense Fund, which is behind the satellite project, joins the Watt Matters team to discuss the project

Enjoy the show!

If you have any thoughts or questions about anything that has been discussed in this week’s episode, add your contribution below

Follow us on Twitter at @WattMattersPod or email us at show@wattmatterspodcast.com 

You can also find FORESIGHT Climate & Energy on LinkedIn.

Illustration: Masha Krasnova-Shabaeva

Show notes: 

Watch MethaneSAT’s launch and find out more about the project here.

What Caught My Eye:

Michaela’s pick: WTO panel report regarding EU measures affecting palm oil, palm crop-based biofuels

Daniel’s pick: IEA Global Methane Tracker 2024

Kira’s pick: World’s first solar-powered air traffic control radar station in Chile

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Currently, 10-25% of EU buildings host solar panels and the rooftop market continues to grow. It could see another boost as Europe agrees new support for the industry.

This includes the new Energy Performance of Buildings Directive, which introduces an EU Solar Standard, expected to change solar from an add-on to a core construction element.

For this live podcast recording, Watt Matters producer Kira Taylor looks into the emerging trends and what more is needed to boost the industry, with a panel of special guests: Anette Persson, policy officer at the European Commission, Nathalie Rubin-Delanchy, public policy manager working on EU sustainability policy at Amazon, Arttur Kulvik, senior vice president of Solnet and Nicolas Randria, secretary general at the Fédération Française du Bâtiment.

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SolarPower Europe

Nathalie Rubin-Delanchy

Michaela Holl

Jan Rosenow

David Weston

Kira Taylor

WattMattersPod

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Record falls in fossil fuels and record levels of renewables - Sarah Brown from think tank Ember joins the Watt Matters team to discuss Europe’s latest electricity stats

The EU’s electricity transition is in full swing Ember’s European Electricity Review 2024 concludes. The report celebrates new records, including a record fall in both fossil generation and CO2 emissions.

Renewables are on the up. Ember’s 2022 review found wind and solar generated a fifth of EU electricity. In 2023, they generated 44% and wind generation overtook gas for the first time.

To discuss the findings and Europe’s progress in its energy transition, co-author of the report and Europe Programme Director at Ember, Sarah Brown, joins the Watt Matters team.

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Ember

Michaela Holl

Jan Rosenow

David Weston

Kira Taylor

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FORESIGHT Climate & Ene

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Show notes:

Read Ember’s European Electricity Review 2024 in full here.

Feeling nostalgic? Listen back to our episode on the 2023 electricity review here: 

What Caught My Eye:

Sarah’s pick: 1 in 5 migratory species are at risk of extinction - UN report

David’s pick: Keir Starmer: Labour ditches £28bn green investment pledge - BBC

Michaela’s pick: Climate disclosure rules are expanding. Companies need to keep up - Context

Jan’s pick: Macquarie looks to cut stake in UK’s biggest gas network Cadent - Financial Times

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Hannah Ritchie is a researcher and deputy editor at the University of Oxford’s Our World In Data publication. Her new book “Not the End of the World: How We Can Be the First Generation to Build a Sustainable Planet” argues that advancements are being made every day in the quest for a sustainable world.

In our 50th episode, Hannah joins the Watt Matters team to explain what the data shows and why we can be positive.

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The world needs to decarbonise if it is to limit drastic global warming. However, this is happening in the context of growing conflicts and a varying list of priorities and ideologies.

With 2030 targets now just around the corner, richer nations need to show that the energy transition is possible and help make finance available to enable global change. All the while they need to ensure that they don’t get bogged down in overdependence on fuels, unreliable supply chains and stranded assets.

This requires a carefully planned approach to the energy transition that brings everyone along for the ride. In this episode, Lisa Fischer, programme lead at climate think tank E3G, joins the Watt Matters team to discuss navigating the decarbonisation pathway in a complex world.

Enjoy the show.

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You can also find FORESIGHT Climate & Energy on LinkedIn.

Illustration: Masha Krasnova-Shabaeva

Show notes: 

Read the E3G report Lisa mentioned on gas demand reduction numbers here.

What Caught My Eye:

Lisa’s pick: Numbers showing Germany's heat pump market grew by 50% in 2023

David’s picks: White House Said to Delay Decision on Enormous Natural Gas Export Terminal

Hinkley Point C delay deals blow to UK energy strategy

Michaela’s pick: Charting Europe’s path towards an ambitious 2040 climate goal

Jan’s pick: Flex-ability for all: Pursuing socially inclusive demand-side flexibility in Europe

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These elections will take place in a world where the climate crisis and the energy transition are becoming ever more apparent in people’s lives, but also where the political climate around these topics is growing more difficult.

As the world continues to face unprecedented climate impacts and works out how to implement the historic COP28 agreement to transition away from fossil fuels, Sam Morgan, the host of Watt Matter’s sister podcast Policy Dispatch, joins the team to look at the year ahead.

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If you have any thoughts or questions about anything that has been discussed in this week’s episode, you can reach us at our X accounts:

Sam Morgan

Michaela Holl

Jan Rosenow

David Weston

Kira Taylor

@WattMattersPod

FORESIGHT Climate & Energy

Listen and subscribe to Watt Matters wherever you get podcasts. Follow us on Twitter at @WattMattersPod or email us at show@wattmatterspodcast.com. You can also find FORESIGHT Climate & Energy on LinkedIn.

Illustration: Masha Krasnova-Shabaeva.

Show notes:

You can find the Jolt episode on geothermal here.

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