The discussion centers on National Grid's vision for clean energy, balancing energy security with the transition to net-zero emissions. John Pettigrew, CEO of National Grid, outlines the company's strategy, emphasizing a mix of energy efficiency, renewable natural gas, hydrogen, and targeted electrification to decarbonize heat. He highlights the importance of affordability and customer choice in the energy transition, noting that a blend of solutions is more practical than full electrification due to cost considerations. Pettigrew also addresses the short-term emphasis on traditional fuels due to geopolitical events, particularly Russia's actions in Ukraine, but expresses optimism that this will accelerate the long-term shift to clean energy. Collaboration between government, industry, and consumers is crucial for achieving a balanced and sustainable energy future.
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