www.citigroup.com
Open in
urlscan Pro
104.70.84.163
Public Scan
Submitted URL: https://tinyurl.com/yytreacm
Effective URL: https://www.citigroup.com/global/insights/research-citi-e2-gridlock-the-global-power-problem
Submission: On May 31 via manual from US — Scanned from DE
Effective URL: https://www.citigroup.com/global/insights/research-citi-e2-gridlock-the-global-power-problem
Submission: On May 31 via manual from US — Scanned from DE
Form analysis
0 forms found in the DOMText Content
Why cookies on the Citigroup website? This website uses functional cookies to optimize the user experience by adapting to the type of device used and to analyze aggregate web traffic. These cookies, which do not identify individual users, help ensure that the website functions as expected. If you want to learn more, please read our Privacy Notice. OK About Us Businesses Our Impact News Investors Careers My Account Research @ CitiPodcast22 May 2024 E2: GRIDLOCK—THE GLOBAL POWER PROBLEM Citi Research ShareTRANSCRIPT The power grid is arguably the backbone of modern society. We’re now at a critical convergence of soaring power demand from the digital economy — driven by the rise of electric vehicles, data centers, artificial intelligence (AI), and other technological advances — and an aging grid that requires significant improvement. The International Energy Agency estimates that power lines globally will need to double in length between now and 2050, and that’s not including the old power lines that need to be replaced. Then there’s the red tape that stands in the way of new construction, the challenge of integrating renewable energy, and the need for coordinated planning to modernize the grid — all of which point to unprecedented, structural supply-and-demand shocks. Join Citi’s Rob Rowe, Head of the Global Strategy and Macro Group and U.S. Regional Director of Research, and Anthony Yuen, Head of Energy Strategy in Commodities Research, as they unpack the complexities of the global power problem and discuss potential solutions, including long-duration energy storage, flexible supply, demand response, and the use of AI to help model and coordinate modern power grids. This podcast contains thematic content and is not intended to be investment research. Nor does it constitute financial, economic, legal, tax or accounting advice. This podcast is provided for information purposes only and does not constitute an offer or solicitation to purchase or sell any financial instruments. The contents of this podcast are not based on your individual circumstances and should not be relied upon as an assessment of suitability for you of a particular product, security, or transaction. The information in this podcast is based on generally available information and, although obtained from sources believed by Citi to be reliable, its accuracy and completeness are not guaranteed. Past performance is not a guarantee or indication of future results. This podcast may not be copied or distributed, in whole or in part, without the express written consent of Citi. © 2024 Citigroup Global Markets Inc. Member SIPC. All rights reserved. Citi and Citi and Arc Design are trademarks and service marks of Citigroup Inc. or its affiliates and are used and registered throughout the world. Rob Rowe, Head of Global Strategy and Macro Research and U.S. Regional Director of Research Rob Rowe is Head of the Global Strategy and Macro Group (GSMG) as well as the U.S. Regional Director of Research. GSMG unites all of Citi's economists with fixed income, FX, equity and commodities strategists to create a common team providing research on the world's major economies and asset classes. Rob has been with Citi for 30 years serving in various capacities. He originally joined Smith Barney Harris Upham & Company in 1989, working in investment banking, fixed income sales and research. In addition to his managerial responsibilities, he continues to provide portfolio strategy for select clients as part of his previous role overseeing the Global Bond Portfolio Analysis team. He has written numerous articles and publications on fixed income and portfolio strategy. Anthony Yuen, Head of Energy Strategy, Commodities Research Anthony Yuen is a Managing Director and Head of Energy Strategy, Commodities Research at Citi. He is responsible for energy/environmental, cross-commodity, and cross-asset strategies. He also directs energy strategy globally, from oil, natural gas/LNG and coal to power, renewables and emissions. He has led many cross-asset projects involving the upstream, midstream, downstream, utilities, petchem, and mining sectors. He was based in New York as the Head of Energy Strategy before coming to Asia. Prior to joining Citi in 2011, Anthony worked at McKinsey in the Greater China region and at Constellation Commodities Group in the U.S., where he was involved in the strategies and trading functions. He previously held research and teaching positions at the University of Pennsylvania and was a faculty member of Columbia University. Widely cited in the media, he is frequently invited to speak at major organizations and conferences, including the Aspen Institute, Brookings, Carnegie Endowment, CSIS, IEA/OPEC/IEF, IIF, KAPSARC, MIT, and NREL, among others. He was a reviewer of IEA’s World Energy Outlook and World Energy Investments, and has advised the U.S, EIA. Anthony received his bachelor’s and his master’s degrees in engineering (electrical/computer/photonics) from the University of Toronto, and his Ph.D. in Economics from the University of Pennsylvania. He is a member of and was an Ambassador Lecturer for the Society of Petroleum Engineers. UP NEXT Podcast E1: YEAR OF THE DRAGON—CHINA’S PLACE IN THE WORLD China’s once-staggering economic growth has stalled. It now faces myriad challenges, including persisting property market woes, rising geopolitical tensions and weak consumer demand. Citi Research Podcast RESEARCH @ CITI TRAILER Leadership Article OVERCOMING GRIDLOCK: POWERING OUR FUTURE The power grid is arguably the backbone of modern society, and we’re now at a critical convergence of the demand ramp-up of an increasingly electrified economy and an aging power grid that requires significant improvement, especially in incorporating more renewable but intermittent energy, such as solar and wind. Citi Research Learn more about Citi Research at Citi or contact us * First name * Last name * Company name * Email address Title Country * CommentsPlease do not share personal or account information in your comments submission. Read Global Privacy Notice for Institutional Clients SubmitCancel SUBSCRIBE Sign up to receive our newsletter providing a roundup of recent content and updates on new reports. Email Next SIGN UP TO RECEIVE THE LATEST NEWS FROM CITI. Email Address**Required Field Select Preferences Send About Us Strategy Leadership Global Presence Heritage Businesses Services Markets Banking and International Wealth U.S. Personal Banking Our Impact Sustainability Strengthening Community Diversity, Equity and Inclusion Investors Quarterly Earnings Events and Presentations Annual Reports and Proxy Statements SEC Filings Other Regulatory Filings Fixed Income Investor Relations Stockholder Services Corporate Governance ESG for Investors Investor Contacts News Press Releases Perspectives Media Resources Insights Careers Alumni Contact Us Regulatory Disclosures Careers Alumni Contact Us Regulatory Disclosures TermsPrivacyNotice at CollectionCA Privacy HubAccessibilitySuppliersEthics HotlineContact Us PRIVACY PREFERENCE CENTER When you visit any website, it may store or retrieve information on your browser, mostly in the form of cookies. This information might be about you, your preferences or your device and is mostly used to make the site work as you expect it to. The information does not usually directly identify you, but it can give you a more personalized web experience. Because we respect your right to privacy, you can choose not to allow some types of cookies. Click on the different category headings to find out more and change our default settings. However, blocking some types of cookies may impact your experience of the site and the services we are able to offer. Privacy Policy Accept All MANAGE CONSENT PREFERENCES STRICTLY NECESSARY COOKIES Always Active Allow our services to operate in a secure and reliable manner and provide basic functionalities. These cookies are essential and are used for website operations, navigation and allowing images to load. Strictly Necessary cookies cannot be disabled, and your internet browser will accept them by default. You can set your browser to delete them after each online session or at any time thereafter. Cookies Details FUNCTIONAL COOKIES Functional Cookies These cookies allow the website to remember choices you make, like what language you prefer and your location. Functional cookies can include first-party, third-party, persistent or session cookies. Like Strictly Necessary cookies, Functionality cookies are used to provide services that you request. These cookies can remember preferences to boost the user experience on a website. Cookies Details PERFORMANCE COOKIES Performance Cookies These cookies collect information about how you use the website, like which pages you visit, and which links you clicked on. Their sole purpose is to improve website functions. This includes cookies from third-party analytic services as long as the cookies are for Citi’s exclusive use. Cookies Details TARGETING COOKIES Targeting Cookies These are also known as “marketing” cookies. These cookies track online activity to help advertisers deliver more relevant advertising or to limit how many times you see an advertisement. These cookies can share that information with other organizations or advertisers. These are persistent cookies and almost always of third-party provenance. Cookies Details SOCIAL MEDIA COOKIES Social Media Cookies These cookies are set by a range of social media services that have been added to a website for enabling you to share the website’s content with your friends and preferred social networks. They can track the browser across other sites and build up your profile based on your interests. This may impact the content and messages you see on other websites that you visit. Cookies Details Back Button COOKIE LIST Search Icon Filter Icon Clear checkbox label label Apply Cancel Consent Leg.Interest checkbox label label checkbox label label checkbox label label Reject All Save My Preferences