149 – Electrify the Earth Or Not

The world wants to go all electric, and that’s good news! But it also brings the worst-case scenario of demand growing higher, but investment into electrification not being able to keep up with it. Join us, as we chat with Stuart Thompson, President of ABB’s global electrification division about how to tackle the multi-dimensional electrification challenge and why sustainability is the coolest topic to work on in our current generation! Host: Chris Sass Additional Reads: ABB Electrification - https://new.abb.com/about/our-busines... Stuart Thompson -   / stuart-thompson-77011444   Rough Chapters 01:07 – What is the industry trend towards electrification? 04:23 – Is the continuity of electricity supply a major concern as more sectors electrify? 07:41 – How is lack of capital/ high interest rates affecting the energy industry? 12:03 – What are the benefits of retrofitting existing energy systems, instead of replacing them? 15:54 – How comfortable are large energy players with using tech/ AI to enhance their service? 22:26 – How worried should customers be about the security of their digital energy systems? 28:30 – Is there a difference in demand for electrification between global regions? 31:43 – How can energy companies and industries attract much needed talent globally?