Renewable energy, whether it be by state mandate, project economics, or carbon-related GHG goals, will reach a critical mass in the power markets in the foreseeable future. The research teams at Wood Mackenzie, GTM and MAKE Consulting will set the context across the overall energy value chain in a data-driven presentation that providing a unique "full view" of this fundamental market change.
Two financial market veterans tagteam this interview, and offer their insight on both financial and operational success factors that contribute to a company-wide, defensible investment strategy, with the ultimate goal of bringing assets online that inherently bear more risk and are more unpredictable in performance.
A one-on-one interview with an industry veteran on all things related to policy, market structure, regulation, and the economics of power and renewable energy markets going forward.
GTM Research Presentation + Panel Discussion
MAKE Research Presentation + Discussion
The U.S. wind market will surpass 100GW of installed capacity in CY2018, finally exiting the boom/bust PTC era post 2020 and leaving many to wonder what lies ahead. In this session, we discuss how the wind industry balances near term commercial goals with sustainable long term policy and regulatory actions focused on increasing renewable energy penetration/competition in both generation and transmission.
Moderator: Dan Shreve, Partner, MAKE Consulting
Distributed energy isn’t just shaping the way our grid operates — it’s shaping our language. We are increasingly debating how to re-define baseload power, resource flexibility and reliability requirements. And how we use these terms has real-world implications for the way we operate the grid. In this panel discussion, we’ll look at how distributed energy is changing our conventional notions of how the electricity system should work.
Amy Francetic, Senior Vice President, New Ventures & Corporate Affairs, Invenergy
Todd Glass, Partner, Wilson Sonsini Goodrich & Rosati
Thomas McAndrew, Founding Partner, Managing Director, Enchanted Rock, Ltd.
Grab your lunch and then join us back in the general session room for an exclusive GTM Research briefing on the status of Section 201 and the potential outcomes.
We kick off the afternoon with the largest T&D provider in the country and their response to disruption. Join the discussion to hear some key drivers behind some of AEP's big bets, no regrets moves, and an overall view of the role of technology is both enabling and challenging overall evaluation or project attractiveness.
GTM Research Presentation
GTM Research Presentation + Panel Discussion
Distributed energy resources are a disruptive force in traditional power system operation that is increasingly concerning independent system operators and regional transmission organizations. This panel will discuss the limitations and opportunities of wholesale market constructs to accommodate the proliferation of existing and new distributed technologies at various levels of the grid in the form of standalone assets and aggregations.
Market participants are finding new ways to manage their power supply obligations. What are the drivers leading some corporations to consider long-term 'virtual PPAs' over more liquid Hub-based futures contracts? How are residual value expectations changing as a result of the interplay between these bilateral contracts and the public exchanges? Do renewable power supply contracts properly account for their declining capacity value as more renewables are added to the market?
Stephen Abbott, Manager, Rocky Mountain Institute
Wade Schauer, Research Director, Americas Power & Renewables, Wood Mackenzie
Brian Walker, Portfolio Manager for Strategic Analysis, U.S. Department of Energy
Major policy changes in the U.S. that have been proposed for PURPA and the investment tax credit, which are inherently shifting economic risks of projects in the short-term. In this session, we will hear varied opinions from stakeholders who all have some exposure as it relates to these shifting dynamics and any new project finance structures emerging as a result.
Conor McKenna, Principal & Managing Director, CohnReznick Cap Markets Securities, LLC
Matt Miller, Director of Project Finance, Recurrent Energy
Ryan Prescott, Director of Market Analysis, Tradewind Energy Inc.
Moderator: Colin Smith, Analyst, Solar, GTM Research
If sustained downward pressure on wholesale prices in ERCOT is depressing new generation, what is the impact to the future of renewables development in particular? How do retail electricity providers and power traders see deal structure evolving as a result? What are the opportunities for wind and solar in Texas today that still compare favorably to supply from traditional, dispatchable generation resources?
Anthony Maselli, P.E., Vice President, Development and Strategy, Vistra Energy
Cheryl Mele, Chief Operating Officer & Senior Vice President, Electric Reliability Council of Texas (ERCOT)
Gregory Thurnher, Manager, Real-time Markets & Scheduling, Shell Energy North America