Solar Flares and Coronal Mass Ejections with Edl Schamiloglu (Summer Repeat)
The HC Commodities PodcastShow Notes
In this episode, we discuss geomagnetic storms, extreme electromagnetic events known as coronal mass ejections that would destroy every satellite around the planet, wipe out power grids and most if not all of our electronics. The Carrington event that happened in 1859 destroyed the only electrical system at that point, the telegraph, across all of North America. An event such as that now would have catastrophic, even civilization-ending impacts. Scientists predict an event like the Carrington event happens every 100 to every 500 years. And the Carrington event is small compared to pre-history events. Yet despite the profound impact and the likelihood, public awareness remains low, there is little political action, little has been done to harden our power grid or plan for such an event. Since recording this episode in 2024, we have witnessed numerous X-class flares and geomagnetic storms triggering Northern Lights across the Northern Hemisphere. To talk about geomagnetic storms, their impact, the likelihood, the fragility of our global power grids and some solutions, is Distinguished. Professor of Electronics and Computer Engineering, Edl Schamiloglu. Edl is the Distinguished and specializes in extreme electromagnetic phenomena.
More from The HC Commodities Podcast
Today, we return to the subject of renewables and the associated electric ecosystem - electrotech - particularly in the developing world. What is the prevalence and relevance of these technologies in power generation and consumption in the world shortly leading the Iran War? And what has that attack itself done to those trend lines? Our guest is Daan Walter, principal and energy strategist at Ember, the global think tank dedicated to the energy transition.
HC Group's Q3 Market Review is ready for download - talent trends and moves from across the commodities sector.
Today, we return for part two on the predictability premium - how trading organizations can boost valuations of the asset-backed organizations they're within. One of the major challenges in creating a commercial organization is translating that value to the board and addressing their questions. That's what we're tackling in part two today - how to win the mandate to build a commercial organization and how to maintain it. Our guest is Christian Lins, Partner at Oliver Wyman in their risk and trading practice, which he leads in North America, and Christian's based in Houston.
For commodity trading professionals, it now seems obvious that large global asset-backed producers, refiners, miners and processors should have some form of trading capability.
Recorded at the Canadian Crude Oil Conference on September 16 in Lake Louise, Alberta, Paul Chapman interviews Adam Waterous on the state of Canada's oil sector against a backdrop of worsening relations with the US and events in the Middle East. And what will it take to turn its enormous energy advantage into economic value. Adam is the founder, managing partner, and CEO of Watrous Energy Fund. Before founding Watrous Energy Fund in 2017, Adam spent more than two decades advising energy industry through Watrous & Co. and later Scotiabank. After spending much of his career advising others on transactions, Adam became an investor himself. Through Watrous Energy Fund, he and his team have built Strathcona Resources and Greenfire Resources into significant players in the Canadian energy industry. Adam brings a unique perspective to today's conversation: banker, deal maker, investor, and company builder. So what will it take to truly make Canada an energy superpower?