2022 Wrapped
Energy Terminal Weekly Newsletter
December 27th 2022 | Issue #37 | Subscribe here
Happy Tuesday !
Welcome to ET weekly, Energy Terminal's weekly newsletter where we cover trends, opportunities, events and updates across the energy industry. As our final issue before the new year, we want to highlight the biggest events we saw within energy this year and some milestones from the team at Energy Terminal.
In this issue:
📈 Highlights from this tumultuous year in energy
🙌 Milestones for the Energy Terminal team
👀 A sneak peak at 2023
Wow, what a year.
From the IRA to the war in Ukraine, the energy industry saw a lot of ups and downs. Here's your 2022 energy wrapped highlighting the biggest events that shaped the industry this year.
⭐The Inflation Reduction Act: $370B for clean energy
The IRA is the most significant piece of legislation for energy and climate in decades, earmarking nearly $370B for sectors including EVs, batteries, renewables, and domestic manufacturing. Companies in these areas saw their valuations soar as tax credits could cut their costs by up to 40%.
🛢️Russia-Ukraine War sends markets rocketing, EU scrambling
In response to the war in Ukraine, oil prices soared by as much as 50% and Europe plunged into an energy crisis. At the start of the war, Russia supplied as much as 40% of European natural gas, and the EU has looked to LNG imports, biogas, and European production to reduce its Russian dependence.
🌎 World leaders meet in Egypt at COP27
In November, climate and energy leaders flocked to Sharm El-Sheikh, Egypt to talk energy and climate policy. While support for the energy transition is widely acknowledged, we didn't see the level of concrete support we were hoping for.
🏛️ The SEC proposes mandated climate disclosures
As investors and climate activists push for more transparency on corporate emissions and climate data, companies are preparing for the possibility of being required by the SEC to do so. ESG data services and auditing companies would see a boom should this get approved.
⚛️ Fusion ignition is achieved
Just a couple weeks ago, scientists at Lawrence Livermore National Laboratory used 192 massive lasers to achieve the first evidence of net energy gain from a fusion reaction. This is a big breakthrough for fusion fanatics, but commercialization is still decades away. See our recent LinkedIn post for more info!
💸 Billions in private capital for energy startups
We saw tons of exciting deals this year and hope for similar growth in 2023. Hot sectors included EVs, energy storage, biofuels, and carbon removal, specifically around companies that benefitted from the IRA.
🏆 Milestones for Energy Terminal 🏆
From our launch in February to our EOY review, it's been an exciting first year for the team. Here are some of the highlights!
🤝 January: Partnership with Energy Dialogues
Our partnership with Energy Dialogues has been fruitful! With their support for our podcast, we've been able to share great episodes with expert guests.
🎙️ February: Podcast launch
On February 28th, we launched Energy Terminal's podcast with Episodes 0, 1, and 2 featuring Dan Vermeer and Anna Dai. It's exciting to see how far we've come 20 episodes later.
✉️ June: Newsletter launch
Our weekly newsletter brings you the best in content, opportunities, and current events across the energy industry. Click the button below to subscribe if you haven't already!
🥇 September: 2022 Clean Energy Prize Winner
Energy Terminal was selected as the grand prize winner of Duke University's Nicholas School of the Environment 2022 Clean Energy Prize! The $10,000 grant will support our content creation and community initiatives.
📈 October: Chloe and Charlotte join the team
Energy Terminal is growing fast and expanding our stellar team! Chloe Youngjoined as our new Director of Growth and Partnerships, and Charlotte Prestonhas upgraded our marketing materials as our new graphic designer!
🚀 December: Yash and Mudit join the team
Gearing up for a big 2023, we've added a couple more rockstars to our team! Yash Dutt and Mudit Agrawal will support our content creation and community building as we double down on growing our platform and impact.
A Sneak Peek at 2023 👀
We've been prepping for some big announcements coming soon. Here's a look at what you can expect from Energy Terminal in 2023.
🎙️ Podcast Season 2
After 20 great episodes of season 1, we are excited to announce the start of season 2 on January 17th! The new season will bring you closer to the hottest topics in energy with experts from across the industry and unique takes on current events, trends, and opportunities.
⭐ Leaders Program
Kicking off in February 2023, the Leaders Program is designed to prepare rising stars with the skills, knowledge, and network they need to secure and excel at a job or internship in energy. The program will offer cohort-style sessions featuring networking opportunities with energy executives, career building workshops, and roundtable discussions all designed take to your energy knowledge and career prep to the next level. Keep an eye out for the application to be released early next year!
📹 New Content
There will be even more ways to enjoy Energy Terminal's content in 2023! We're launching a TikTok to bring you bite-sized content, live roundtables where we'll discuss the week's top energy events and opportunities, and more blog posts to help you level up your energy career.
🌎 Our Community
Our listeners, readers, followers, and community are what we love the most! Keep an eye out for more ways to interact with the team and with our community members, from social groups to meeting us at live events.
☄️ Thanks for reading this edition of ET weekly!
Make sure to follow us on our socials so you're always up-to-date!
Not Subscribed? Subscribe Now!
And a big thank you to our sponsor Energy Dialogues for making this all possible!