Australia’s Net Zero transition: successes & challenges w/ Andrew Murdoch, Arche Energy - EP202

A conversation regarding the transition to net zero greenhouse gas emissions in Australia, with Andrew Murdoch, the Managing Director of Arche Energy. Andrew shares his positive outlook and realistic insights into the challenges of integrating renewable energy into the electricity grid. He also advocates for being open to a range of options, including nuclear power and carbon capture and storage.Please get in touch with any questions, comments and suggestions by emailing us at contact@economicsexplored.com or sending a voice message via https://www.speakpipe.com/economicsexplored. About this episode’s guest: Andrew MurdochAndrew Murdoch is the Founder and Managing Director of Arche Energy. Andrew has been operating in technical-commercial roles in the Queensland National Electricity Market (NEM) Zone since it was first founded over 20 years ago. In 2017, he founded Arche Energy to provide a high-quality clean energy, power and infrastructure consultancy to facilitate investment in the clean energy sector. He is an experienced general manager, project director and engineer operating in renewable power, power generation, energy, ports and heavy infrastructure.His experience spans business development activities, major approvals, project execution, operations and maintenance and decommissioning. Andrew is an innovator and optimiser thriving in changing environments through the adaptation and integration of emerging and innovative technologies into business applications.What’s covered in EP202How is the transition to net zero going? (1:59)The problem with intermittent generation. (7:36)Transitioning from one energy source to another. (13:40)Traditional hydro & pumped hydro. (16:08)Geotechnical risks in construction. (20:11)The infrastructure challenge. (24:00)Zero marginal cost power. (30:23) The role of nuclear energy in the transition to net zero. (45:42)Links relevant to the conversationPrevious Economics Explored episodes relevant to this episode:The Aussie electricity market malfunction of June 2022 – EP156 – Economics ExploredSir David Hendry on economic forecasting & the net zero transition – EP198Thanks to Obsidian Productions for mixing the episode and to the show’s sponsor, Gene’s consultancy business www.adepteconomics.com.au. Full transcripts are available a few days after the episode is first published at www.economicsexplored.com. Economics Explored is available via Apple Podcasts, Google Podcast, and other podcasting platforms.