Energy Unplugged by Aurora

EP. 284 Luuk Veeken on navigating volatility in Europe’s power markets

This week on Energy Unplugged, Claudia Gunter is joined by Luuk Veeken, CEO and co-founder of Dexter Energy. Together, they explore how rising renewable penetration is driving short-term power market volatility – and why success increasingly depends on mastering real-time trading and forecasting. 
Luuk explains how the shift from predictable, subsidy-backed renewables to weather-driven, merchant assets is transforming the market. With falling capture prices, rising imbalance costs, and more frequent price spikes, generators must move from simply maximizing output to actively optimizing value – continuously updating positions as forecasts evolve. 
The conversation highlights how improved forecasting, intraday trading, and automation can significantly reduce imbalance exposure, while also examining the growing role of batteries, evolving market design, and cross-border balancing in stabilizing prices. Looking ahead, Luuk outlines how AI-driven forecasting and automated trading will shape the next generation of renewable business models. 
You will learn about: 
Why short-term volatility and imbalance costs are rising in renewable-heavy systems  
How forecasting and intraday trading can protect revenues  
The role of market design and cross-border balancing in price formation  
How AI, automation, and batteries are reshaping renewable trading strategies 
Registration for the leading annual gathering of the European energy industry – the Aurora Spring Forum, taking place on 29th April 2026, in London is open - a one-day deep dive into the biggest strategic questions shaping Europe’s energy transition, plus top-tier networking and a live recording of Energy Unplugged. Book now at https://auroraer.com/events/aurora-spring-forum-2026 and use code PODCAST20 for 20% off.

EP. 283 Offshore Wind Reset: Duncan Clark on What Comes Next

This week on Energy Unplugged, Richard Howard, Global Director of Research at Aurora Energy Research, is joined by Nick Civetta, Project Leader at Aurora Energy Research, and Duncan Clark, Board Member at Renewable UK and former Head of Europe Development at Ørsted. In this episode experts unpack what recent allocation rounds mean for offshore wind project economics, and why the UK’s 50GW target is increasingly a question of delivery rather than ambition. While confidence is returning after a market reset, significant challenges remain – particularly around grid infrastructure, supply chains, and the sheer scale of projects needing to be built this decade. 
The conversation also looks ahead to how competition may evolve in future auctions, the growing role of system integration, and whether floating wind can scale commercially. Alongside this, they examine how AI and data centre demand could become a major driver of electricity consumption – and a potential opportunity for offshore wind. 
You will learn about: 
Why recent auctions signal a reset for offshore wind economics  
What’s really holding back project delivery in the UK  
How grid constraints could shape deployment this decade  
The outlook for floating wind and its challenges  
Why AI and data centres are a key wildcard for future demand 
Registration for the leading annual gathering of the European energy industry – the Aurora Spring Forum, taking place on 29th April 2026, in London is open - a one-day deep dive into the biggest strategic questions shaping Europe’s energy transition, plus top-tier networking and a live recording of Energy Unplugged. Book now at https://auroraer.com/events/aurora-spring-forum-2026 and use code PODCAST20 for 20% off.

EP.282 Daniel Gerber on Power Electronics and the Future of Grid Stability

This week on Energy Unplugged, Reece Jackson, Senior Product Manager - Grid, Aurora, is joined by Daniel Gerber, Global Business Line Manager for Renewable Power and Motion High Power at ABB. Together, they explore how rising renewable penetration, electrification, and new demand sources are reshaping grid stability - and the critical role power electronics will play in maintaining reliable power systems. 
Daniel leads ABB’s renewables-focused power electronics business and brings nearly two decades of experience spanning R&D, operations, and global service management. Drawing on ABB’s work across international markets, he shares how inverter-based resources, once seen as a source of instability, are increasingly becoming part of the solution - enabled by advances in grid-forming technologies, control systems, and digital simulation tools. 
The conversation examines the technical and structural challenges facing modern grids: the shift from centralized generation to distributed, inverter-based systems; the growing impact of data centres, AI, and electrification on demand patterns; and the increasing frequency of system disturbances. Daniel outlines how a combination of improved hardware, software-based simulation, and evolving grid codes can help operators manage these complexities, while also highlighting the practical constraints - from supply chains to permitting - that continue to slow progress. 
You will learn: 
Why inverter-based renewables are changing how grid stability is managed. 
How grid-forming technologies and power electronics can support system strength. 
Why digital simulation and “grid twin” models are becoming critical for planning and operations. 
What’s holding back faster grid connections - from equipment bottlenecks to system complexity. 
Registration for the leading annual gathering of the European energy industry – the Aurora Spring Forum, taking place on 29th April 2026, in London is open - a one-day deep dive into the biggest strategic questions shaping Europe’s energy transition, plus top-tier networking and a live recording of Energy Unplugged. Book now at https://auroraer.com/events/aurora-spring-forum-2026 and use code PODCAST20 for 20% off.

EP. 281 Data Center Load Growth and the Future of the US Grid

This week on Energy Unplugged, Julia Hoos, Aurora’s Head of USA East, is joined by Lizzie Bonahoom, Senior Associate - North America Tech & Policy, and Jack Graham, Senior Associate - PJM Research at Aurora. Together, they explore the challenges of supplying data centers with power in the U.S., and how surging AI demand, interconnection constraints, and market dynamics are reshaping the electricity system. 
Lizzie leads Aurora’s analysis of where new data centers are locating and how they interact with generation technologies, while Jack provides insight into PJM’s grid and capacity market, including lessons from Northern Virginia - the historic epicenter of U.S. cloud infrastructure. Together they discuss the complexities of forecasting large, concentrated loads, the growing role of behind-the-meter solutions, and the implications of regulatory interventions from FERC and federal authorities. 
The conversation examines key trends affecting the U.S. power market today: rapid electricity demand growth from data centers, grid congestion and localized price impacts, the increasing importance of flexible interconnection strategies, and the political and regulatory pressure to accelerate large load access. Lizzie and Jack highlight how uncertainty in load forecasting, market design, and capacity procurement creates both challenges and opportunities for grid operators, policymakers, and industry stakeholders. 
You will learn: 
Why data center clusters and AI-driven load growth are transforming regional electricity demand. 
How PJM and other ISOs are navigating transmission constraints, capacity market volatility, and political scrutiny. 
Why behind-the-meter and gas-bridging solutions are emerging as short-term strategies for large loads. 
How federal and state interventions could influence interconnection, market design, and grid reliability over the next decade. 

EP. 280 From Ambition to Execution: Grids, Coal and Capital in APAC

This week on Energy Unplugged, we’re joined by Randolph Brazier, Global Head of Clean Power Systems at HSBC. He speaks with Hugo Batten, Aurora’s Managing Director APAC, and Lara Panjkov, Head of Research APAC, to examine the practical realities of delivering the energy transition across Asia-Pacific - from grid stability and storage build-out to coal repowering and transition finance. 
Randolph leads on HSBC’s Net Zero investment strategy and sector pathways, working closely with clients to finance clean power and support real-economy decarbonisation. A former Director of Innovation & Electricity Systems at the UK Energy Networks Association, with earlier experience designing renewable and grid projects, he brings both engineering depth and financial insight. Drawing on examples such as South Australia’s high-renewables penetration, the rapid growth of data centres, and Asia’s continued reliance on coal, the discussion explores curtailment, system strength, long-duration storage, transition taxonomies, and the structural challenges of mobilising capital at scale in emerging markets. 
You will learn: 
Why grids, system strength and storage duration - not just generation - are now the binding constraints on decarbonisation. 
What high-renewables systems like South Australia reveal about curtailment, stability and the need for smarter market design. 
How data centres, electrification and industrial growth are reshaping demand - and why the impact is more nuanced than headlines suggest. 
Why coal repowering, transition taxonomies and innovative financing structures will be critical to unlocking capital across APAC. 
The Repower Community Interest Company (CIC) [www.repower.world] is a global non-profit initiative dedicated to the repowering of coal power plants, initiated by Quantified Carbon. HSBC’s philanthropic partnership with Repower supports technical analysis to develop feasible low-carbon repowering options for viable sites in emerging markets. 
 
Registration for the leading annual gathering of the European energy industry – the Aurora Spring Forum, taking place on 29th April 2026, in London is open - a one-day deep dive into the biggest strategic questions shaping Europe’s energy transition, plus top-tier networking and a live recording of Energy Unplugged.  
Book now at https://auroraer.com/events/aurora-spring-forum-2026 and use code PODCAST20 for 20% off. 

EP. 279 AI-Driven Demand and the New Power Investment Cycle

This week on Energy Unplugged, we’re joined by Steven Mandel, Partner at TPG Rise Climate, in conversation with Oliver Kerr, Aurora’s Managing Director for North America. Together, they explore how institutional capital is responding to policy volatility, surging load growth, and the growing influence of AI on US power markets. 
Steven helps lead investments across power, electrification, and the broader energy transition for TPG Rise Climate, one of the world’s largest dedicated climate investment platforms. He serves on the boards of Altus Power, Matrix Renewables, Nextracker, Intersect Power and Palmetto, and brings prior experience from Denham Capital and Citi’s Power & Utilities investment banking team. 
The discussion focuses on the fundamentals shaping US power today: accelerating data centre demand, rising gas marginal costs, and the competitiveness of solar-plus-storage - even amid policy uncertainty. Steven explains why capital is concentrating on quality over pipeline scale, how investors assess durability in volatile markets, and why affordability and regulatory stability will define the next phase of deployment. 
You will learn: 
Why AI-driven load growth is strengthening the long-term power investment case. 
How climate investors evaluate risk and downside protection in uncertain markets. 
Why solar and storage remain structurally competitive. 
How policy and affordability debates could shape future capital flows. 

EP. 278 Nat Bullard on Decarbonisation in the Age of AI

This week on Energy Unplugged, we’re joined by Nat Bullard, co-founder of Halcyon, an AI-enabled energy information platform, and one of the sector’s most influential data storytellers. He joins Hugo Batten, Aurora’s Managing Director APAC, and Oliver Kerr, Aurora’s Managing Director USA, to unpack the 2026 edition of his annual “Decarbonisation” presentation - a sweeping, data-led assessment of where the global energy transition is accelerating, stalling, and surprising us. 
Nat brings two decades’ experience analysing energy, technology, markets and finance. Formerly Chief Content Officer at BloombergNEF and now also an advisor to Ember and Arcadia, he draws on deep market insight to separate structural trends from short-term noise. From record solar and battery deployment in the US, to flat real-terms clean investment globally, to China’s extraordinary scale in electrification and manufacturing, the conversation explores a world adding more of everything - fossil fuels and renewables alike - while grappling with grid constraints and rising electricity demand. 
The discussion also examines cooling demand in developing economies, China’s emergence as a global electrostate, and the profound uncertainty surrounding AI-driven load growth and data centre interconnections in the US - where the bottleneck may be demand connection as much as generation capacity. 
You will learn: 
Why the energy transition appears contradictory - with record clean deployment alongside continued fossil growth. 
How cooling demand in emerging economies could rival or exceed AI as a driver of electricity growth. 
What China’s scale in electrification, batteries and EVs means for global supply chains and competitiveness. 
Why grids and interconnection queues may prove the decisive constraint in the next phase of the transition. 
Registration for the leading annual gathering of the European energy industry – the Aurora Spring Forum, taking place on 29th April 2026, in London is open - a one-day deep dive into the biggest strategic questions shaping Europe’s energy transition, plus top-tier networking and a live recording of Energy Unplugged.
Book now at https://auroraer.com/events/aurora-sp... and use code PODCAST20 for 20% off.

EP. 277 Michael Lewis on Delivering the Transition at System Scale

As part of a special live edition of Energy Unplugged, recorded from the podcast booth at E-World in Essen, Hanns Koenig, Managing Directore EMEA for Aurora Energy Research, sits down with Michael Lewis, CEO of Uniper, to discuss the realities of leading a major European energy company at the heart of the transition. 
Drawing on three decades in the sector - from building E.ON’s offshore wind business to steering Uniper through recovery after the gas crisis - Michael reflects on what it really takes to deliver the energy transition: cost discipline, system thinking, and a relentless focus on security of supply. 
The conversation spans Germany’s progress on renewables, the case for new hydrogen-ready gas capacity, the role of batteries and demand-side flexibility, gas market resilience post-Russia, and the growing impact of data centres and electrification on future power demand. Throughout, one theme stands out: the transition cannot be delivered in silos - it must be approached as a fully integrated system. 
What you’ll learn: 
Why flexibility is shifting from generators to customers in a renewables-led system 
How Germany is balancing coal phase-out with new hydrogen-ready gas plants 
What true gas security looks like after the Russia shock - and why diversification matters 
How AI, data centres and electrification could reshape Europe’s electricity demand curve 
Registration for the leading annual gathering of the European energy industry – the Aurora Spring Forum, taking place on 29th April 2026, in London is open - a one-day deep dive into the biggest strategic questions shaping Europe’s energy transition, plus top-tier networking and a live recording of Energy Unplugged.
Book now at https://auroraer.com/events/aurora-spring-forum-2026 and use code PODCAST20 for 20% off.

EP. 276 Scaling the Energy Transition: Flexibility, Capital and Execution

In this episode of Energy Unplugged, Simon De Clercq is joined by Pieter-Jan Mermans, Co-Founder and Managing Partner at Junction Growth Investors, to explore how Europe’s energy transition is shifting from rapid build-out to a more operationally complex phase. Reflecting on the last decade of renewables, electrification and storage growth, they discuss why today’s biggest challenges are no longer technological, but lie in flexibility, market design, and making existing infrastructure work harder.
Pieter-Jan brings first-hand experience from founding and scaling REstore into a global leader in demand-side flexibility, before joining Centrica Business Solutions’ executive team following its acquisition. Drawing on this background - and his current role investing in European energy transition scale-ups - he explains why flexibility, software and optimisation have moved from the margins to the core of power markets, and how grid-enhancing technologies can unlock value faster and more cost-effectively than network expansion alone.
Set against tighter capital markets and evolving policy priorities, the conversation argues that the next phase of the energy transition will be defined by execution and unit economics. From residential and industrial flexibility to smarter trading, automation and regulation that reward system value, Simon and Pieter-Jan make the case that aligning markets with real-world system needs will be critical to keeping Europe’s transition investable, reliable and competitive.
You will learn:
Why flexibility and optimisation - not new generation - are now the biggest levers in Europe’s energy transition.
How demand-side response, storage and software can unlock system value faster than traditional grid build-out.
What scaling an energy-tech business reveals about the real-world barriers to deploying flexibility at pace.
Why execution, unit economics and market design will determine which transition technologies succeed in tighter capital markets.
 
Registration for the leading annual gathering of the European energy industry – the Aurora Spring Forum, taking place on 29th April 2026, in London is open - a one-day deep dive into the biggest strategic questions shaping Europe’s energy transition, plus top-tier networking and a live recording of Energy Unplugged.
Book now at https://auroraer.com/events/aurora-spring-forum-2026 and use code PODCAST20 for 20% off.
 

EP. 275 - Systemic Reform and the Future of Britain’s Energy System

This week on Energy Unplugged, we share a keynote address from Jonathan Brearley, Chief Executive of Ofgem, recorded live at Aurora’s Energy Transition Summit in London. Jonathan sets out why the UK’s energy transition now requires deep systemic reform -moving beyond a purely market-led model towards a more strategic, coordinated approach to planning, regulation and delivery. Drawing on lessons from electricity market reform and the rapid scale-up of offshore wind, he argues that choosing low-cost pathways, coordinating infrastructure, enabling flexible demand and spreading costs fairly are essential to delivering a cleaner, more secure and affordable energy system.
Jonathan reflects on the pressures driving reform, from volatile gas prices and rising energy bills to surging demand from electrification, AI and data centres. He outlines how Ofgem is responding through faster network approvals, connection reform, closer coordination with the National Energy System Operator, and a renewed focus on retail market reform. The discussion highlights the challenge of balancing affordability, security and decarbonisation while creating a regulatory framework capable of supporting large-scale investment in networks and clean energy.
You will learn:
Why systemic reform is now essential to deliver a coordinated, lower-cost energy transition beyond a purely market-led model.
How affordability, fairness and energy debt are shaping the transition, and what needs to change to protect consumers.
What a reformed regulatory framework must do to unlock investment, accelerate grid build-out and enable flexible demand.
Registration for the leading annual gathering of the European energy industry – the Aurora Spring Forum, taking place on 29th April 2026, in London is open - a one-day deep dive into the biggest strategic questions shaping Europe’s energy transition, plus top-tier networking and a live recording of Energy Unplugged.
Book now at https://auroraer.com/events/aurora-spring-forum-2026 and use code PODCAST20 for 20% off.