The CEO's Address with Greg Newman | Mirko Ivanda on How Geopolitics Impacts Your Energy Bill

World of Oil Derivatives

Group CEO Greg Newman is joined by Mirko Ivanda, Co-Head of Power & Gas from the Onyx Switzerland office, for a special episode of the CEO’s Address. Together, they explore the intricate dynamics of power trading, focusing on how geopolitics fundamentally shapes supply and demand as well as the end-cost of our household energy bills.
Mirko provides an in-depth analysis of the evolution of gas trading in Europe, shedding light on why Europe continues to receive gas from Russia through Ukraine, even amidst the ongoing Russia-Ukraine conflict. Greg and Mirko have an open conversation on why gas, unlike oil, faces different sanctions — particularly when originating from Russia — and the implications for Europe's current energy landscape.
The discussion emphasizes the critical role of energy consumption in the global economy, with Greg and Mirko delving into how geopolitics and domestic policies are crucial determinants of the final cost reflected in our energy bills.