State of the Energy Transition

The smarter E Podcast Episode 141 | July 13, 2023 | Language: English

Where are we in the energy transition? This episode looks at the latest figures and trends as well as technological and regulatory developments around the world with a view to the new energy world. Which sectors are of particular interest? And what role does the financial sector play?

That's what we talk about in this episode with a guest who covers all of these topics: Seb Henbest, Group Head of Climate Transition at HSBC.


  • 01:51 About his new role at HSBC – What kind of new angle did that give him on the whole industry?
  • 06:19 What kind of projections does he see for 2050 in the energy sector?
  • 10:12 High investments are required. Is the finance sector matching it?
  • 17:04 Hydrogen sector: How close are we really to a realization of a big hydrogen economy?

About The smarter E Podcast

The smarter E podcast is all about the current trends and developments in a renewable, decentralized and digital energy industry. Our moderators Tobias Bücklein and Zackes Brustik welcome and interview personalities who shape our industry and drive developments forward. A new episode is published every Thursday.

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About Seb Henbest and HSBC

Seb Henbest, Group Head of Climate Transition at HSBC.

Seb Henbest is Group Head of Climate Transition at HSBC, supporting the development, evolution and integration of the bank's climate strategy and working with its most emissions-intensive clients to accelerate their transition to a net-zero future. Prior to this he spent 14 years at BloombergNEF, most recently as Chief Economist. In that role he oversaw the firm's energy economics group and energy transition scenario analysis and was lead author of BNEF's flagship publication, the New Energy Outlook.

HSBC, one of the largest banking and financial services institutions in the world, serves millions of customers through its three Global Businesses.

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