Ed Crooks

New York

Vice-chairman of Energy, Americas at Wood Mackenzie

Host at The Energy Gang

All things energy @woodmackenzie. Host of @TheEnergyGang podcast. Formerly @FT, @BBCNews. Opinions my own

Articles

How do we adapt to a warming world?

1 week ago | woodmac.com | Ed Crooks

The world is experiencing a new reality: infrastructure, agriculture, and supply chains were built for a historical climate that no longer exists. Last year the average global surface temperature was about 1.47° C warmer than in the late 19th century, according to NASA. On current trends we are on course for perhaps 2.7° C of warming by the end of the current century: far in excess of the Paris Agreement goal of 1.5° C.
What the conflict between Israel and Iran means for energy

1 week ago | woodmac.com | Ed Crooks

The conflict between, the most serious outbreak of hostilities between the two countries in their history, continued over the weekend. Israel used missiles, drones and aircraft to strike Iran’s leadership, nuclear sites and other installations. Iran responded with missile and drone attacks on Israel. The fighting has potentially wide-ranging implications for global oil and gas markets.
Geothermal, dealmaking and the future of clean energy finance

2 weeks ago | woodmac.com | Ed Crooks

In the third and final special episode recorded live from the ACORE Finance Forum, host Ed Crooks and regular guest Amy Myers Jaffe talk to industry leaders to explore some key issues in renewable energy technology and finance. Amy starts the episode by speaking with David Ulrey, CFO of Fervo Energy, an innovative geothermal startup. David shares insights into Fervo’s projects, including their initial commercial pilot in Nevada and the ambitious 100-megawatt development in Utah.
Renewables in the US face a future without tax credits

2 weeks ago | woodmac.com | Ed Crooks

Elon Musk and President Donald Trump, close allies during last year’s election campaign and in the first few months of the new administration, have fallen out. Musk has been repeatedly critical of the version of the tax and spending legislation, supported by the president, that was passed by the US House of Representatives last month. “Call your Senator, Call your Congressman, Bankrupting America is NOT ok! KILL the BILL,” Musk posted last Wednesday.
Energy and the ‘big beautiful bill’

3 weeks ago | woodmac.com | Ed Crooks

As the US races against China to develop the most advanced capabilities in AI, energy is critical. In this second episode from the ACORE finance forum, we speak to experts about how US energy policy, and in particular the reconciliation bill now being debated in Congress, might affect that race. Host Ed Crooks and regular guest Amy Myers Jaffe talk first to Joseph Webster, a Senior Fellow at the think-tank the Atlantic Council.
Clean energy finance in uncertain times

3 weeks ago | woodmac.com | Ed Crooks

The Energy Gang are at The American Council on Renewable Energy (ACORE) Finance Forum in New York City, which brings together industry leaders, investors, and bankers to discuss the hottest issues in clean energy. Host Ed Crooks and regular guest Amy Myers Jaffe talk to ACORE Chief Executive and President Ray Long about the uncertainty hanging over the industry following the debate in Congress over repealing energy tax credits.
US Congress threatens to cut support for nuclear power

4 weeks ago | woodmac.com | Ed Crooks

One of the best-known sayings of the celebrated free-market economist Thomas Sowell is: “There are no solutions. There are only trade-offs.” The Trump administration has faced a sharp demonstration of that point over its policy on nuclear power. President Donald Trump last week signed four executive orders aimed at delivering the often-promised “nuclear renaissance” for the US.
It’s looking bleak for clean energy in the US as Congress threatens to shred the Inflation Reduction Act

1 month ago | woodmac.com | Ed Crooks

Legislation with massive implications for clean energy in the US has been making progress in Congress. The Republican party’s “big beautiful bill”, introducing sweeping changes to taxes and government spending, would phase out most of the tax credits for low-carbon energy that were created, expanded or extended in the Inflation Reduction Act (IRA) of 2022.
Macro vs micro: the impact of tariffs on the energy industry

1 month ago | energyconnects.com | Ed Crooks

While the impact of the actual and threatened tariffs will be complex and far-reaching, beyond the microeconomic impacts on specific sectors and companies, the macroeconomic consequences may end up being more significantOn the campaign trail last year, President Donald Trump promised steep increases in US tariffs, and in office he has been acting swiftly to make good on those pledges.
Can we add dozens of giant new data centres to the electricity grid?

1 month ago | woodmac.com | Ed Crooks

It’s the most talked-about academic paper this year in the world of energy. Rethinking Load Growth, co-authored by Tyler Norris of Duke University has caused a stir in energy circles because it offers a new perspective on the hottest issue of the moment: how to provide power for new data centres and other large consumers.