Podcasts about power markets

In this episode we return to Singapore and commodity trading in Asia. Is Singapore still a must -have hub as part of a global commodity footprint? What are the key commodities traded there? How do those markets differ from Europe and North America? How has the broader Asia-Pacific region fared over the last decade? And what are some of the key challenges, both market and cultural to doing there? And what might the future hold? Our guest is Ian Lawson, who's had a multi -decade career in trading and origination, including heading those functions in Singapore for the likes of BP and Mercuria and is now a senior advisor at Baringa, the management consultancy.

​​As load growth pushes the grid to its limits, the energy transition increasingly depends on one technology: storage. Batteries are becoming the backbone of reliable, clean power, and according to a recent UBS analysis, AI-driven data centers are set to trigger a “boom cycle” for energy storage in the next five years.As more clean energy comes online and global energy demand surges, batteries are proving essential to a flexible and resilient grid. But operating them is complex. Unlike wind or solar projects driven by long-term contracts, storage assets must constantly make decisions about when to charge and discharge, how to capture value across multiple markets, and how to stay profitable in an increasingly volatile energy system.Michael Baker, Co-Founder and CEO of Tyba, is working at the center of this shift. His team builds the software that helps batteries make smarter decisions in real time, turning storage into a reliable and profitable part of the grid. Powerhouse Ventures is fortunate to be an early investor in Tyba, first backing them in their seed round in January 2023.About Powerhouse Innovation and Powerhouse Ventures Powerhouse Ventures backs seed stage startups developing innovative software to advance clean energy, mobility, and industry. If you are thinking about building something in this space, get in touch with our team.Powerhouse Innovation is a best in class consulting firm, powered by the strongest energy innovation network, data and team in our industry. We partner with world's leading corporations, investors, and utilities to source and evaluate disruptive startups shaping the future of energy and industry.To hear more stories of founders building our energy abundant future, hit the “subscribe” button and leave us a review.

Greetings, and welcome back to the podcast. This episode, we are joined by Mr. John Dielwart - Chairman of TransAlta a TSX listed ectricity generation and wholesale marketing company with a market cap of ~$7 billion. Mr. Dielwart was formerly Chief Executive Officer of ARC Resources Ltd., which owns and operates oil and gas properties in Western Canada. He oversaw the growth of ARC Resources from start-up in 1996 to a company with a total capitalization of approximately $10 billion at the time of his retirement. After his retirement from ARC Resources on January 1, 2013, Mr. Dielwart re-joined ARC Financial Corp. as Vice-Chairman and Partner. ARC Financial is Canada's leading energy-focused private equity manager. In 2020, Mr. Dielwart resigned from the board but remained as Partner and member of ARC Financial's Investment and Governance committees, and currently represents ARC Financial on the board of Aspenleaf Energy Limited.Mr. Dielwart has a Bachelor of Science with distinction (civil engineering) from the University of Calgary. He is a member of the Association of Professional Engineers and Geoscientists of Alberta and is a past-Chairman of the Board of Governors of the Canadian Association of Petroleum Producers. In 2015, Mr. Dielwart was inducted into the Calgary Business Hall of Fame and in 2018 he received the Oil and Gas Council's Canadian Lifetime Achievement Award.Among other things we learned about Building ARC Resources, 1st Montney Wells & Canadian Power Markets.Thank you to our sponsors.Without their support this episode would not be possible:Connate Water SolutionsATB Capital MarketsEPACAstro Oilfield Rentals Platinum EndeavorsTreeline Well ServicesSupport the show

The recent PJM Governors' Conference in Philadelphia spotlighted surging electricity demand, political scrutiny, and concerns over rising power bills. Governors, regulators, and industry experts gathered to debate the future of PJM Interconnection, which directs the flow of power to 67 million people in 13 states and DC. In this episode of Energy Solutions, EPSA President and CEO Todd Snitchler sits down with four panelists who were part of the conversation to go beyond the headlines and delve into why costs are rising, what states are considering, and actionable solutions to enable competitive markets to deliver reliable, cost-effective power:  Travis Kavulla, Vice President of Regulatory Affairs, NRG   Marji Phillips, Senior Vice President of Wholesale Market Policy, LS Power   Glen Thomas, President, P3   Arnie Quinn, Senior Vice President of Regulatory Policy, VistraLiked this episode? Share it on X @EPSANews or LinkedIn at Electric Power Supply Association. Want more competitive power updates? Sign up for our monthly Power Moves newsletter.

Greetings & welcome back to the podcast.  This episode we are joined by Ms. Karen Nielsen.Throughout her career, Ms. Nielsen has held executive & board level positions at ATCO EnPower, Seven Generations Energy Ltd., ATCO Power, ARC Resources Ltd., Birchcliff Energy Ltd & Crew Energy Inc.Ms. Nielsen also earned a bachelor's degree in engineering (with Distinction) from the University of Saskatchewan, and is a registered professional with APEGA.Among other things we discussed Early Field Days, Montney Origins & How Power Markets Influence Energy Prices.Enjoy.Thank you to our sponsors.Without their support this episode would not be possible:Connate Water SolutionsATB Capital MarketsJSGEPACAstro Rentals Global Energy Show CanadaSupport the show

As Europe's energy markets evolve, the Nordic region provides a fascinating case study. High hydro penetration, cross-border interconnections, and shifting regulatory frameworks are shaping a unique electricity market with lessons for the rest of the continent. From Sweden's shift to zonal pricing to growing debates around consumer fairness and the future role of storage, the region continues to test the boundaries of what a flexible, renewable-heavy market can look like and what it means for the rest of Europe.In this episode of Transmission, Ed is joined by Riku Merikoski, Senior Power Analyst at Axpo Group, to explore the distinct challenges and opportunities in the Nordics. Over the course of the conversation, you'll hear about:The role of batteries in the Nordics – in a system already dominated by flexible hydro, where exactly do batteries fit in?Swedens move away from a national market in 2011 and adoption of a zonal market structure.Interconnection and integration in the region.Rethinking fairness in energy policy – who really needs support, and should subsidies extend to second homes?What the Nordics can teach the rest of Europe (and the world) about balancing renewable integration, price signals, and consumer outcomes.About our guestAxpo Group is Switzerland's largest producer of renewable energy and a leading international player in energy trading and the marketing of solar and wind power. Headquartered in Baden, the company operates across more than 30 countries in Europe, North America, and Asia, offering innovative energy solutions to industrial and commercial customers. With a diverse portfolio that includes hydropower, nuclear, biomass, and gas-fired plants, Axpo is committed to enabling a sustainable future through technological innovation and strategic investments in clean energy. For more info, head to their website.Riku Merikoski is a Senior Power Analyst at Axpo Group, specializing in Nordic and UK power market analysis within the company's fundamental analysis team. With over a decade of experience in the North European power markets, his insights have supported significant investments across major low-carbon power production technologies.About Modo EnergyModo Energy helps the owners, operators, builders, and financiers of battery energy storage solutions understand the market - and make the most out of their assets.All of our podcasts are available to watch or listen to on the Modo Energy site. To keep up with all of our latest updates, research, analysis, videos, podcasts, data visualizations, live events, and more, follow us on LinkedIn or Twitter. Check out The Energy Academy, our bite-sized video series breaking down how power markets work.

As Europe's energy markets evolve, the Nordic region provides a fascinating case study. High hydro penetration, cross-border interconnections, and shifting regulatory frameworks are shaping a unique electricity market with lessons for the rest of the continent. From Sweden's shift to zonal pricing to growing debates around consumer fairness and the future role of storage, the region continues to test the boundaries of what a flexible, renewable-heavy market can look like and what it means for the rest of Europe.In this episode of Transmission, Ed is joined by Riku Merikoski, Senior Power Analyst at Axpo Group, to explore the distinct challenges and opportunities in the Nordics. Over the course of the conversation, you'll hear about:The role of batteries in the Nordics – in a system already dominated by flexible hydro, where exactly do batteries fit in?Swedens move away from a national market in 2011 and adoption of a zonal market structure.Interconnection and integration in the region.Rethinking fairness in energy policy – who really needs support, and should subsidies extend to second homes?What the Nordics can teach the rest of Europe (and the world) about balancing renewable integration, price signals, and consumer outcomes.About our guestAxpo Group is Switzerland's largest producer of renewable energy and a leading international player in energy trading and the marketing of solar and wind power. Headquartered in Baden, the company operates across more than 30 countries in Europe, North America, and Asia, offering innovative energy solutions to industrial and commercial customers. With a diverse portfolio that includes hydropower, nuclear, biomass, and gas-fired plants, Axpo is committed to enabling a sustainable future through technological innovation and strategic investments in clean energy. For more info, head to their website.Riku Merikoski is a Senior Power Analyst at Axpo Group, specializing in Nordic and UK power market analysis within the company's fundamental analysis team. With over a decade of experience in the North European power markets, his insights have supported significant investments across major low-carbon power production technologies.About Modo EnergyModo Energy helps the owners, operators, builders, and financiers of battery energy storage solutions understand the market - and make the most out of their assets.All of our podcasts are available to watch or listen to on the Modo Energy site. To keep up with all of our latest updates, research, analysis, videos, podcasts, data visualizations, live events, and more, follow us on LinkedIn or Twitter. Check out The Energy Academy, our bite-sized video series breaking down how power markets work.

Today we're talking about data centers and the global arms race to develop them. What is driving that demand? What are the demands of the AI sector and how is technology changing to meet it? And what does that mean for the twin imperatives of both providing the energy to run the data centers as well as to cool them? How is the energy sector going to meet those demands and what opportunities does it generate? Our guest is Adam Mirick. Adam is head of strategy for Prometheus Hyperscale, who are developing the next generation of data centers here in the US, as well as globally. Adam has had a stellar career in the energy markets and  latterly head of U .S. power trading at BP. 

Approximately 685 million people worldwide still lack access to sustainable, reliable, and affordable energy, highlighting the critical urgency of achieving Sustainable Development Goal 7 by 2030 in alignment with the broader Sustainable Development Goals. In conjunction with insights from the Power Markets Report, this audio story features World Bank Group research and economic experts Elcin Akcura and Ayo Adewole. They delve into the report's findings and explore actionable ways the private sector can drive progress toward a future where universal energy access becomes a reality. Join us to learn how innovative solutions and collaborative efforts can make these goals the global standard.

DERVOS, 10/25/24, NYCRenewables have been breaking many of the mechanisms in our power markets, irrespective of structure. Across energy only, IRP, and capacity markets, we have been seeing "weirdness" in price action and regulatory responses as solar and wind continue to dominate new installs. It'll be an acronym stew: from PCM and RUC buying in ERCOT, adjusting ELCCs in PJM leading to capacity prices 10x'ing, to NEM 3.0 in CAISO. We want to contend with what this means today and then try to map a path into where it all leads tomorrow. Will these existing structures adapt, or will something new emerge?Speakers: Jacob Mays (Cornell), Brian Bartholomew (REV Renewables), Eric Goff (Goff Policy), Andy Reger (PA Consulting)Moderator: James McGinniss (DER Task Force & David Energy) This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.dertaskforce.com/subscribe

The last two years of the conflict in Ukraine, and the rise in malicious cyberattacks, has raised concerns security risks over Europe's plans to be more self-sustainable in energy supply.Now, as countries across Europe roll out their plans for further decarbonisation and electrification, the security of these plans has come into question, pushing the energy sector firmly onto NATO's radar.  Is Europe's energy market set up to deal with security threats?In this episode, Richard speaks to two of the authors of a new report from Eurasia that puts the pressing issues of energy storage and grid compacity in Europe into a new – more urgent – context of security.Host: Richard Sverrisson - Editor-in-Chief, MontelGuests:Amund Vik – Senior Advisor to Eurasia Group and former Deputy Energy Minister in the Norwegian Ministry of Petroleum and Energy; Henning Gloystein – Head for Energy, Climate, and Natural Resources at Eurasia Group; Laurence Walker – Deputy Editor-in-Chief, Montel News

Utility scale batteries are proliferating across Western power grids, particularly in the US. And far more are set to come. These batteries offer the ability to manage grids, especially with the influx of renewables, or make economic returns on trading around them. Yet, their very presence is changing the dynamics of power markets. What are these batteries, where are they placed and who owns them? How and who trades around them and what do they mean for the future of power markets? All this and more is answered by our guest Casey Keller, Head of Assets and Development at Caerus Commodities.    

CleanChoice is a retail power provider and solar project developer and owner. Combined into one, they aim to be a 100% renewable gentailer. Zoe has experience developing and selling hundreds of megawatts of solar as the former CEO of Pine Gate Renewables and General Counsel at FLS Energy. In this episode, you'll learn these four important takeaways and much more. How they plan to build 1 GW of solar to meet their customers' demands What hedging efficacy means in deregulated power markets Where concentration risk shows up and how they manage it Why reading fiction at 5:00 am helps her start the day right Plus, you'll feel extra cool listening to this one because of his French accent!

Data is the new the economic engine of the world. Globally, data centers are proliferating bringing their huge demand for energy – especially clean energy delivered reliably. Markets, policy and regulation are still adapting, often too slowly, to the changing energy mix and decarbonization demand. Could data centers be the engines of change to bring our power grids into a renewable ready world? Could this be the energy management opportunity of the decade for power traders? Our guest, Eugene McGrane argues just this. Eugene is an Executive Managing Director at Cushman Wakefield, supporting their power clients across all real estate categories. 

In this episode, we are diving into the Japanese power market, which by virtue of its size, generation mix and recent liberalization, is fast becoming one of the most active power markets in the world, attracting a host of domestic and international energy merchants. What is the regulation that underpins the market? How does it function and who are the participants? Who is, and where do you get, the talent to build such a capability. Our guest is Xavier Veillard, Partner at Mckinsey, heading their global power and gas commodities offering. 

What does a previous federal energy regulator have to say about markets, reliability, and the current state of the energy grid today? We got the scoop from Joseph T. Kelliher, former chairman and commissioner on the Federal Energy Regulatory Commission and former NextEra energy executive. Joe helped shape how competitive power markets function today, establishing structures that guard against market manipulation, encourage reliability, and protect consumers. He also oversaw the implementation of the Energy Policy Act of 2005. Listen as Joe sits down with EPSA President and CEO Todd Snitchler and highlights some of the key moments in his career at the Commission – and how they inform today's challenges. Liked this episode? Share it on X @EPSANews or LinkedIn at Electric Power Supply Association. Want more competitive power updates? Sign up for our monthly Power Moves newsletter.

John Hairston returns to discuss what BPA is doing to navigate an era of transmission expansion for the grid.John Hairston, the CEO and Administrator of the Bonneville Power Administration, shares his enthusiasm for transmission and people in an interview with Paul Dockery and Crystal Ball. The interview is wrapped in informative discussion on energy industry news, research, and reflection by Ahlmahz Negash, Conleigh Byers, Farhad Billimoria, and Paul Dockery. You can find the podcast on Apple Podcast, Spotify, or wherever you get your podcasts. Share with friends that are energy enthusiasts, like us!01:36 - How transmission is addressed in seminal textsPower System Economics: Designing Markets for Electricity by Steven Stoft Imperfect Markets and Imperfect Regulation: An Introduction to the Microeconomics and Political Economy of Power Markets by Thomas-Olivier Léautier05:23 - Short-to-Ground; a segment where we blow a fuse covering the news.Wednesday February 28th the Federal Energy Regulatory Commission hosted the eighth public meeting of the Joint Federal-State Task Force on Electric TransmissionRob Gramlich and his team at GridStrategies released a report in February titled “Fostering collaboration would help build needed transmission”Utility Dive published an opinion piece by Will Kenworthy and Boratha Tan titled “Advancing energy justice: A new paradigm in grid equity and reliability analysis”The Bonneville Power Administration identified 14 new transmission projects costing an estimated $3.9 billion in its 2023 TSR Study and Expansion ProcessThe Australian Energy Market Commission (AEMC or Commission) has released a draft determination on a 'flexible trading' ruleThe Western Transmission Expansion Coalition announced the members of its Regional Engagement CommitteeSpot market power in the U.S.Wholesale spot prices for the National Electricity Market (NEM)Energy Information Administration's Natural Gas Weekly Update17:17 - John Hairston's interview with special-correspondent Crystal Ball41:00 - John Hairston's analogy; the electric system is like golf45:24 - Crystal Ball's analogy; the electric sector is evolving like the eras of Taylor Swift1:17:33 - Updating our priorsRisanger, Simon, and Jacob Mays. "Congestion risk, transmission rights, and investment equilibria in electricity markets." The Energy Journal 45.1 (2024). Baker, Erin, et al. "Who is marginalized in energy justice? Amplifying community leader perspectives of energy transitions in Ghana." Energy Research & Social Science 73 (2021): 101933.1:15:22 - ESA (Energy System Analogies) World Cup StandingsPublic Power Underground, for electric utility enthusiasts! Public Power Underground, it's work to watch!

Alexander Morris, Chief Investment Officer at F/m Investments shares his insights on the price war in the EV space with a steady supply of Chinese EVs entering the market, as well as what investors need to look out for if they're looking to diversify their current equity portfolio. Presented by: Ryan Huang Producer: Yeo Kai Ting (ykaiting@sph.com.sg)  Graphics credits: pixabay & its talented community of contributors See omnystudio.com/listener for privacy information.

We're back! This time with Lynne Kiesling, Director of the Institute for Regulatory Law & Economics (IRLE) at Northwestern University.Lynne is an Economist who has been working on power systems issues since the early 2000s, with a focus on power markets, transactive energy, and “quarantining the monopoly” as she says.Lynne was a panelist at DERVOS, as paying subscribers know from our previously released episode. We felt her Hayekian perspective (distributed, emergent, local) rounded out those from Matt Huber (big, planned, federal) and Pier LaFarge (distributed, planned, local), and she graciously agreed to jump on the pod to dig in.This is a free episode for all subscribers, but if you want access to everything we do and would like to support our work broadly, be sure to visit www.dertaskforce.com and become a paid subscriber for just $5/month. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.dertaskforce.com/subscribe

Marty sits down with Jamie McAvity from Cormint to talk about Bitcoin mining and energy. Jamie on Twitter: https://twitter.com/jamesmcavity Cormint: https://cormint.com/ 0:00 - Intro7:38 - 50k and Ready Player One13:16 - Assertions of Chinese grid attack23:06 - Working with the wind tax credit issue36:44 - Renewable grid drawbacks and risks44:17 - The right mix of energy sources47:53 - Germany decommissioning and energy politics1:00:23 - Bitcoiners running nuclear1:06:11 - Halving1:11:52 - ASIC innovation1:31:04 - Mining fees1:34:28 - BitMEX1:38:07 - Gamestop1:40:41 - Cormint1:47:01 - Energy/finance integration1:52:25 - Wrapping up Shoutout to our sponsors: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠River⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Unchained⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠Zaprite⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Bitcoin Talent Co⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ TFTC Merch is Available: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Shop Now⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Join the TFTC Movement: Main ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠YT Channel⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Clips ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠YT Channel⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Website⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Twitter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Follow Marty Bent: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Twitter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Newsletter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Podcast⁠⁠⁠⁠

A brief look at financial markets with Bokor in the Morning courtesy of Steve Bokor at PI Financial Corp. a member of CIPF

Following on from heavy winter storms in recent years that disrupted power supply across US regions, power markets managed a mid-January 2024 winter storm with elevated prices and a few demand records, but no large-scale power outages. S&P Global Commodity Insights reporters Mark Watson, Jared Anderson, Kassia Micek and Tom Tiernan discuss how grid operators are applying lessons learned from past winter storms and benefitting from policy directives on winterization of equipment.  World Petrochemical Conference

Upbeat earnings projection from Taiwan Semiconductor Manufacturing Co. lifted shares of other tech stocks. Plus: Macy's shares rise 0.4% after the retail chain said it plans to lay off 13% of its staff. J.R. Whalen reports. Learn more about your ad choices. Visit megaphone.fm/adchoices

2023, a year nearly everyone expected a recession, has instead seen impressive economic growth and the markets power to all-time highs. How did this happen? Especially as the Federal Reserve kept interest rates above 5% while conducting Quantitative Tightening? In a word: liquidity. Liquidity steadily rose throughout 2023 and, like an incoming ocean tide, rose all boats. How? Why? Where is it coming from? And if it's such a key driver of asset prices, where is it headed from here? To find out, we're going to have a very important conversation today with Michael Howell, founder & CEO of Crossborder Capital. Get Michael's book Capital Wars at https://www.amazon.com/Capital-Wars-Rise-Global-Liquidity/dp/3030392872 Subscribe to his Substack at https://capitalwars.substack.com Or follow him on X/Twitter at @crossbordercap ACT SOON! SUBSCRIBE to Adam's new Substack at https://adamtaggart.substack.com/ to get his Adam's Notes for all the recent experts who have appeared on this channel. But do so before the price increases on Jan 1st 2024! #liquidity #bullmarket #stocks2024

“Coal demand reached a new all-time high in 2022.” That was the headline of the International Energy Agency's annual coal market update, released in July of this year. In fact, 2022 was the third year in a row that global coal consumption has increased.  This growth occurs against the backdrop of an ever-worsening climate crisis driven by energy sector emissions, of which coal accounts for 40%, and it's why the IEA's own executive director Fatih Birol called for an end to new coal power plant construction in a recent op-ed. But despite coal's impact on the climate, it remains a vital source of energy for much of the world, particularly in Asia.  What is the outlook for coal in the years to come? What will it take to move away from the fuel? And what would phasing it out mean for emerging and developing economies? This week host Jason Bordoff talks with Carlos Fernández Alvarez about the findings of this year's Coal Market Update. Carlos is a senior coal analyst at the International Energy Agency, and recently served as the acting head of the Gas, Coal, and Power Markets division. He was the lead author on this year's Coal Market Update and has contributed to many other IEA reports, including the organization's flagship publication, the World Energy Outlook. Carlos has 25 years of experience in the energy sector, serving as an energy consultant, an energy advisor for the Spanish Government, and later as the director of the Spanish Coal Agency.

Commissioner Mark Christie of the Federal Energy Regulatory Commission has been a prominent advocate of the need to overhaul the competitive market design at the heart of the regional wholesale power markets that have evolved in the U.S. over the past 25 years ("It's time to reconsider single-clearing price mechanisms in U.S. energy markets", Energy Law Journal, May 2, 2023). The fossil fuel-fired "dispatchable" generation units that Christie sees as crucial to ensuring power grid reliability are retiring faster than passively fueled renewable energy resources can be brought on to replace them. In our discussion, Commissioner Christie makes clear that his top target for reform is capacity markets, not the security-constrained economic dispatch model employing locational marginal pricing, or LMP, in real-time and day-ahead spot markets. LMP is the central design element of all state and regional competitive wholesale power markets in the U.S."I think in the real-time energy markets, the real-time energy markets and the use of LMP has saved consumers money by getting economic dispatch, by getting the least-cost unit dispatched. So I think in the real-time energy markets, I think there has been consumer savings," Christie says. "There's many functions to RTOs and I think that the most important function of all, and the one I think where they've provided undisputed benefits, has been to provide a larger balancing authority," he says, adding: "Probably the biggest single benefit of RTOs has been that they've provided a regional system operator, which I think has been of tremendous benefit to reliability and also, I think, to cost savings because they can dispatch cheaper resources across a broader territory."But Christie, an ardent states rights advocate, does not see FERC's role as ensuring these consumer-friendly regional power markets are ultimately in place everywhere, which former FERC Chairman Pat Wood attempted to do 20 years ago. "How you regulate your utilities is really an individual state decision" to make, and not FERC's, he says, calling Wood's Standard Market Design "massive overreach and an invasion of basically state retail authority."Nevertheless, Christie says, "I don't think that, frankly, the real-time energy markets, which use LMP, what's called locational marginal pricing, are really the first place we ought to be concerned. I think the real concern and we ought to focus on first is in the capacity markets," Christie elaborated, asserting that capacity markets should be replaced with utility self-supply programs that incorporate integrated resource planning by state regulators. IRP is a central element of standard monopoly utility regulation."I think an IRP process – it gets you the best mix of a balanced holistic approach where you can balance all the different resources that you need and try to get them at the best cost to consumers, which is what the goal ought to be," Christie says. "Everything we do as regulators in the energy area has got to be about what's good for consumers. We have to look at what is going to get consumers reliable power at the least cost. And I think everything we do, we've got to be asking ourselves, is this the best thing for consumers?"Support the show

This week, on Energy Unplugged, we have a special episode featuring Aurora experts in a discussion about what energy markets are hot in Europe right now and why. Our Research Lead for European Power Markets Ryan Alexander is joined by Anuoluwa Omojola, Flexibility Lead and Rebecca McManus, Renewables Lead in the same team. Main topics include: • The most exciting markets for renewables and battery investment in Europe • The European Commission's current power market reform • European Commission's accelerated permitting rules and which markets are most ahead of the game in implementing those • Which markets are most proactive in terms of encouraging co-location and why

On today's episode, financial journalist Govindraj Ethiraj talks to Kapil Kaul, CEO of airline consulting and research firm CAPA India.SHOW NOTES[01:00] Morgan Stanley Says India's Lesser Noticed Earnings Growth Will Power Markets In Next 2 Years[06:55] A whopping 134 of 684 aircraft belonging to Indian airlines are actually parked on ground with Kapil Kaul[13:43] House prices are rising all over the country except in Mumbai where it is falling[16:56] More long range electric cars are comingFor more of our coverage check out thecore.inSubscribe to our NewsletterFollow us on:Twitter | Instagram | Facebook | Linkedin | Youtube

As the world rapidly changes and new challenges emerge, many are questioning the best way to continue providing safe, reliable, cost-effective, and cleaner power. For some, that means reforming electric power markets. For others, it could mean doing away with competition entirely. In this episode, Lynne Kiesling, an economist and expert on electric competition unpacks the complex world of power markets, their benefits as compared to a vertically integrated model, what critics get wrong, and what's on the horizon for new energy solutions.  

The Power Markets have been created thirty years ago to respond to the Energy Deregulation drive. They have recently faced crisis, such as the Ukraine Russia war or storm Yuri in Texas, with power prices going crazy and creating a lot of financial distresses for certain producers and consumers.Meanwhile, we see the development of renewables that increase the volatility and remove the traditional reference to marginal pricing linked to fossil fuels. How to characterise the problems?Do power markets need a reform or a revolution? How can flexibility be bolstered? Can a fossil-fuel free system still deliver a marginal price? Are governments too heavy handed?All those questions are put together and debated with our guest Stephen Woodhouse, Director, AFRY Management Consulting. Stephen has 25 years' experience in the electricity business and has headed AFRY's global work on energy market design for many years and is internationally recognised as an expert in energy market reform and the energy transition. AFRY Management Consulting is a leading advisor for the transitions of the energy, bioindustry, infrastructure, industrial and future mobility sectors.Conclusion: let's only touch the power markets with “fear and trembling” We thank our partners from Aquila Capital for supporting out show

This time on Cleaning Up, Michael welcomes Kirsty Gogan back to the show to update us on developments across the world of nuclear energy. Kirsty is co-CEO and founder of TerraPraxis, an NGO and climate solution accelerator, and a leading expert on nuclear power. It's been three years since Kirsty's last appearance on the show in August 2020, during which we've seen new reactors come online across the globe, as well as supply dropouts and wholesale nuclear phase-outs. Kirsty walked Michael through the headlines, as well the rise of SMR (Small Modular Reactor) technology and its potential applications. Michael and Kirsty end discussing whether nuclear is offering too little, too late on the path to net-zero in the coming decades, as renewables continue to rise to meet global energy demand. As a one-stop update on all things nuclear, today's Cleaning Up is not to be missed. Make sure you like, subscribe, and share Cleaning Up. We're growing fast on LinkedIn, and we'd love for you tell your professional network about us: https://www.linkedin.com/company/cleaning-up-with-michael-liebreich/ You can find everything you need to keep up with Cleaning Up here: https://linktr.ee/mlcleaningup  Relevant Guest & Topic Links Read the European Commission JRC's Technical assessment of nuclear energy: https://publications.jrc.ec.europa.eu/repository/handle/JRC125953 Watch Kirsty's first appearance on Cleaning Up Episode 5: https://www.youtube.com/watch?v=83oUuo9Af_c&list=PLe8ZTD7dMaaBcbo3W_zva0ChNZ9R9rL-U&index=16 Watch Julia Pyke, Financing Director of Sizewell C on Episode 94 of Cleaning Up: https://www.youtube.com/watch?v=_fUcx9RT6hQ&list=PLe8ZTD7dMaaBcbo3W_zva0ChNZ9R9rL-U&index=4&pp=gAQBiAQB Watch Tom Samson, former CEO of Rolls-Royce SMR on Episode 116 of Cleaning Up: https://youtu.be/sjThq8c3tT4 Learn more about the work of TerraPraxis: https://www.terrapraxis.org/ Learn more about the work of LucidCatalyst: https://www.lucidcatalyst.com/  Guest Bio Kirsty has more than 15 years' experience as a senior advisor to Government on climate and energy policy, including 10 Downing St and the Office of the Deputy Prime Minister. Kirsty is managing partner of LucidCatalyst, a highly specialized international consultancy focused on large-scale, affordable, market-based decarbonization of the global economy. LucidCatalyst was recently commissioned to produce the widely cited  Energy Technologies Institute Nuclear Cost Drivers Study, and by ARPA-E to conduct a study on Cost and Performance Requirements for Flexible Advanced Nuclear Plants in Future U.S. Power Markets. 
Kirsty sits on the UK's Nuclear Innovation Research and Advisory Board and the board of the Nuclear Innovation Alliance. In addition to being an authority on nuclear, Kirsty is an award-winning expert on science communication, climate change, and competitiveness. Kirsty is also co-founder and Global Director of Energy for Humanity (EFH), an environmental NGO focused on large-scale deep decarbonisation and energy access.

William Hogan, the Raymond Plank Research Professor of Global Energy Policy at Harvard's Kennedy School of Government, along with his colleague Scott Harvey, are the architects of the market structure employed in every competitive regional wholesale power market in the United States, known as the bid-based, security constrained economic dispatch model with locational marginal prices.This market model has been the subject of criticisms from its inception some three decades ago,  but in recent years it has come under renewed attack from interests who claim it is inadequate to support a transition to a clean-energy grid comprised of many zero marginal cost intermittent renewable generation resources.Hogan and Harvey authored a paper in October 2022 defending and explaining the market structure incorporating locational marginal pricing, or LMP. In this episode, Hogan elaborates and explains that, not only are critics wrong to suggest LMP markets aren't up to the task, but they are in fact the only means available to facilitate the clean-energy transition. "If you want an efficient market in the electricity system, this is all the only way to do it – that we know of," Professor Hogan tells the podcast. "This model is ubiquitous and successful. I call it successful market design."Hogan scoffs at criticism that the LMP market design isn't the correct vehicle to accommodate increasing amounts of zero marginal cost renewable resources. Such criticisms fail to recognize the role that battery storage and demand-side resources will play in decarbonized markets, he says. "Even if you had 100% renewables (on the grid), there will be periods of time when you're capacity short because you just didn't have enough of them. And then the demand side is going to be much more important because we're going to have to adjust demand. And implicit in the theory, or explicit in the theory, is that the price will be set by the demand side, not by the supply side, but it's the same marginal cost principle. You get the same answer in terms of economic dispatch. And you get the same pricing outcome across the grid. So absent the fantasy world of an infinite supply of zero marginal cost energy, that theoretical problem doesn't arise."The empirical proof that  the criticism is misplaced is evident in the Western interconnect, where increasing numbers of utilities are joining the Western Energy Imbalance Market, which employs LMP pricing, primarily to accommodate the rapidly increasing amounts of renewable energy resources in the region. "This is a very powerful empirical argument that says, no, you've got it exactly backwards. It's not that we need to get rid of this. We need to strengthen it and expand it," Professor Hogan says. "Because the basic design works in theory and it works in practice, and all the other things that we have tried – I don't know how many of your listeners know but PJM tried something else first. And it didn't work. And New England tried something else first, and it didn't work. And California tried something else first, and it didn't work. And Texas tried something else first. And it didn't work. And then they all had to revise and reform and go through the agony of that process to get to bid-based security-constrained economic dispatch with locational marginal prices, which is now done across all of these. And New York started this from the beginning, the Midwest started this from the beginning, the Southwest Power Pool when it converted to an RTO started with this, so that's why it's now true in all of these markets in the United States."Support the show

Algorithmic trading is increasingly a mainstay of European electricity and natural gas trade as major players seek to stay on top of fast-moving, volatile markets. So-called algos, which make hundreds if not thousands of trades a day, are widely used to balance renewable energy portfolios and bring more liquidity to the market. But traders have blamed the automated process for exacerbating volatility during last year's energy crisis, when electricity and gas prices exploded due to tight supplies and regulatory uncertainty.  In this episode S&P Global Commodity Insights' Kira Savcenko shares fragments of her conversation about this phenomenon with Jürgen Mayerhofer, CEO of algorithmic trader Enspired, and discusses further with Henry Edwardes-Evans, managing editor of S&P Global Commodity Insights' Power in Europe newsletter. Related price assessments: UK Day-ahead Baseload Power price: AADET00  UK Day-ahead Peakload Power price: AADFC00 UK Block 5 Power price: GTB5G00

The European Commission has launched a consultation on the future market design of wholesale energy markets. Under pressure to shield consumers, industry and households from high prices it seeks to undertake comprehensive reforms. Listen to a discussion of what the the consequences will be for markets, particularly regarding the fine balance between affordability and supply security. Could the proposals to boost renewables through CFDs and PPAs mean a larger role for national governments and the end of forward markets as we know them?Host: Richard Sverrisson, Editor-in-Chief, MontelGuest: Stephen Woodhouse, Director, Afry Management Consulting

 Yanis Varoufakis is an academic economist and politician. He's a member of Greek Parliament,Founder and Secretary-General of MeRA25, a left-wing political party, and famously served asMinister for Finance in Greece in 2015. He subsequently wrote a book about the experience calledAdults in the Room (2017), about how the EU stymied his attempts to renegotiate Greece's debts inthe aftermath of the financial crisis. Varoufakis was elected to Greek parliament and appointed Finance Minister in January 2015 byAlexis Tsipras, in the midst of the Greek government-debt crisis. Varoufakis led negotiations overGreece's bailout conditions with the European Commission, the International Monetary Fund and theEuropean Central Bank, but failed to agree terms. Varoufakis resigned from government andparliament in August 2015, despite a referendum indicating popular support for his stance.Varoufakis founded MeRA25 in 2018, under whose banner he returned to parliament in 2018. Varoufakis has authored numerous books on the Financial Crisis, austerity and debt, including TheGlobal Minotaur (2011), And the Weak Suffer What They Must? (2016), Talking to my Daughterabout the Economy (2017) and Adults in the Room (2017), as well as primers on modern economicsand Game Theory. Varoufakis holds a PhD in Economics from the University of Essex, has held posts at the University ofCambridge and the University of Sydney among others, and was Professor of Economic Theory at theUniversity of Athens. Varoufakis is a self-described ‘erratic Marxist'.

Today, we're talking about China's evolving market for green energy and renewable power purchases, with Sharon Feng, at Director of Advisory Services and Research at Azure International. Sharon is an expert in China's power markets, including renewables, energy storage, power trading, and clean energy procurement. She has worked in previous roles at GE, Siemens, and the philanthropy Save the Children, and holds degrees from Peking University and the Guangdong University of Foreign Studies. Not least, she has spoken at several Beijing Energy Network events and is based in the lovely Ditan Park of Beijing. In today's podcast we cover: What has changed in China's green power markets in the past few years leading to growing interest in this type of power? How is green power priced, and is it always priced at a premium? What are the volumes like? What provinces are most active, and what is happening on inter-provincial trading of renewables? How the market is likely to develop in the future, including integration with carbon markets. Whether requirements that wind and solar projects install energy storage are hurting the competitiveness of renewables. Whether distributed solar can participate in green power markets. Whether energy storage makes sense for corporate buyers on a stand-alone basis. The role of time-of-use pricing for retail power customers and wholesale spot markets for generators. For further reading: https://www.azure-international.com/

Prime Minister Narendra Modi flagged off the third Vande Bharat train on September 30. And in the next four years, there is a plan to roll out over 450 such semi high-speed trains. But in just 10 days since the launch, the nose of a train was disfigured twice due to collisions with cattle, while another Vande Bharat train faced a technical glitch. We ask today if our rail tracks and other infrastructure are ready for such a speed upgrade.  Several European countries are now exploring the option to use renewable energy to fuel their trains. And as the world is trudging the renewable energy path, India too is keeping the pace with it. But wind power, which had a head start in India, has reported moderated growth in the last few years, with solar dominating the renewable energy mix. Why is it so?  Moving on to markets, soaring inflation, and the steep interest-rate hikes deployed by global central banks have brought an end to a four-decade bull market in global bonds. However, Indian bond markets have been relatively resilient, and have seen single-digit cuts since their recent peaks. As strong labour markets in the US suggest more rate hikes, will Indian bonds break under the mounting global pressure?  India had introduced a pre-packaged insolvency resolution process last year. It was projected as an alternative resolution process for MSMEs. This episode of the podcast tells more about it.

The broad-reaching Inflation Reduction Act (IRA) includes a mix of federal incentives to motivate clean-energy investment that will mitigate emissions-related climate concerns. North America Power experts Patrick Luckow and Doug Giuffre join EnergyCents this week to share their early analysis of the bill, and highlight its potential implications for the US electric grid. Read more of Patrick and Doug's thoughts on the bill: https://ihsmarkit.com/research-analysis/implications-of-the-us-senate-passed-inflation-reduction-act.html Learn more about S&P Global's North America Gas & Power coverage for industry at https://ihsmarkit.com/products/north-american-energy-forecasts-strategic-analysis-insights-by-fuel.html and investors https://ihsmarkit.com/products/energyview-gas-power-renewables.html. Join the conversation at energycents@ihsmarkit.com.

US summer power markets are just warming up. A heat wave hit the central US in mid-July, leading to multiple alerts and records across two grid footprints, and a late July heat wave brought triple-digit temperatures to the Pacific Northwest, shrinking power exports to neighboring regions in the West. But the summer demand season is far from over, as forecasts for summer-like temperatures now extend into September, which means there's likely much more on the way before things cool off. US power news editor Kassia Micek, power pricing analyst Karen Rivera, senior power and gas editor Mark Watson, and North American power analytics manager Morris Greenberg discuss what's happened this season to date, and how things look down the curve. Subscribe to Platts Dimensions Pro for access to assessments and premium content covering ERCOT North Hub day-ahead on-peak (IERNM00), SPP South Hub day-ahead on-peak (ISSOM00), and much more.

Jason Stanek, chairman of the Maryland Public Service Commission, talks about competitive retail power markets,  the commission's recent decision to allow supplier consolidated billing, the treatment of state-subsidized resources in FERC-regulated wholesale power markets, and Maryland state policies to address the climate-change threat by rate-basing  offshore wind, battery storage and EV battery charging stations.Support the show

Pat Wood III was at the forefront of important pro-consumer electricity policy changes 20 years ago as the former chairman of both the Federal Energy Regulatory Commission and the Public Utility Commission of Texas. While his pro-competition agenda at FERC was stymied by political blowback, the past 20 years have shown the wisdom of pro-competition policies in electricity, he says, calling for current regulators to just "rip off the band-aid" and get to a competitive market model in the public interest. Today, he is once again at the forefront of change in the electricity industry as he, in his role as CEO of the Hunt Energy Network and President of Hunt Power, is betting big on the future of energy storage, building hundreds of megawatts of battery storage capacity in Texas.Support the show

Public Citizen's Tyson Slocum sees competitive markets and traditional vertically integrated monopoly utilities as equally capable of delivering pro-consumer results in the transition to a clean-energy grid and economy. But both need better oversight in order to deliver on that promise, he says. Slocum calls for greater diversity of stakeholder representation in the competitive regional wholesale power markets, and is enthusiastic about FERC's recent move to establish an office of public participation. That office is making moves to provide financial support to groups like Public Citizen to better enable broader participation in Federal Energy Regulatory Commission proceedings. Slocum will look to leverage that opportunity to ensure that the buildout of transmission to enable a green grid transformation doesn't unnecessarily impose costs on consumers. Support the show

Jeff Dennis, managing director and general counsel for the Advance Energy Economy and Advanced Energy Buyers group, discusses the need for organized competitive wholesale power markets across the country as a pre-requisite for meeting the Biden administration's goal of a zero-carbon grid by 2035. The organization that includes leading information technology giants like Google, Microsoft and Facebook also supports smart government spending in support of private investment to build out the transmission grid that will be needed to access low-cost, abundant renewable energy resources in remote areas. However, Dennis does not believe there is the political will to reform state-level retail markets in line with the Texas retail power model supported by many podcast speakers.Support the show

Led by James McGinniss, David Energy operates as both an electricity retailer and behind-the-meter energy storage aggregator allowing the company to more accurately predict and control energy consumption thereby saving consumers money on their monthly bills through the monetization of their storage assets. Below are two excerpts from the podcast. "David Energy is a reference to the classic story of David vs. Goliath, which we believe is representative of the emergence of the individual electricity consumer with the rise of distributed energy systems that prioritize consumers over big centralized utilities." "David Energy is essentially a wealth manager for customers' energy assets such as batteries. Ultimately, we buy power in wholesale markets with the consumer insight that is provided by the data from our network of customers who have granted us access to their devices. This allows us to more accurately predict and control consumption and pass the consequent savings directly to customers. By doing so, we monetize these assets, through our certification as an electricity retailer, when they are not needed for home backup energy. This makes us different than a standalone software provider that would not have the access to electricity markets to truly enable many of the services we provide." Here is the transcript summary of the podcast. -- Entrepreneurs for Impact is the only private mastermind community for investor-backed CEOs, founders, and investors fighting climate change. We're on a mission to help “scale up” climate leaders supercharge their impacts, share best practices, expand their networks, and reach their full potential. Our highly vetted, invite-only cohorts of 11 executives catalyze personal development and business growth via monthly meetings, annual retreats, a member-only Climate Investor Database, and 1:1 coaching and strategy calls. Here are membership benefits, and these are sample members. To request more information on membership, click here. Peer groups are led by Dr. Chris Wedding who brings $1B+ of investment experience, 50,000+ professional students taught, 25 years of meditation, an obsession with constant improvement, and far too many mistakes to keep to himself. --- Send in a voice message: https://anchor.fm/entrepreneurs-for-impact/message

In this part of our Energy Basics mini-series, we review the evolution of the electricity industry, and explain how wholesale and retail power markets work.

Jared Anderson, Kassia Micek and Manan Ahuja of S&P Global Platts delve into changing power market dynamics as coronavirus-related lockdowns ease in many areas and look ahead to see where market conditions might be headed for the remainder of 2020 and into next year.

As states begin to lift coronavirus pandemic stay-home orders and business start the process of reopening, power load is expected to slowly rebound from the increase in commercial demand. However, it could take some time as many states have a phased-in approach while many areas are still under local restrictions. By early May, 23 states had begun to lift stay-home orders with a handful of states expected to start the process by mid-May, but another handful of states still have no end date in sight.

The coronavirus pandemic has impacted all aspects of daily life and US power markets are not immune. With the majority of people staying at home, per recommendations to stop the spread of the disease, grid operators are keeping a close eye on changes in power demand and how to respond.

A new decade is bringing new challenges for US power markets. The renewables buildout continues to disrupt the market in ways never seen before, mild winter weather and very weak natural gas prices have depressed power prices, and the PG&E situation is ever evolving. Kassia Micek, Mark Watson and Jeff Ryser of the Platts Americas Power Team look at the biggest stories across the US power market and what it all means for the coming months and years.

This one is for the grid geeks! With the Green New Deal now a hot topic in the US Congress, while wholesale power markets still struggle to figure out how to accommodate new kinds of resources even as coal plants and nuclear plants continue to retire, the question of how wholesale power markets should work, and how they should value new kinds of assets and services, is becoming increasingly urgent. What would a power market look like if it consisted mainly (or totally) of wind and solar, with their zero-marginal-cost power? And if we continue to use out-of-market payments to keep clean but uneconomic nuclear plants operating, what will be the effect on power markets? Will power markets ultimately crash under the weight of accumulated patches and workarounds, or can their design be adapted to new social priorities—like combating climate change—and new kinds of resources, like large-scale storage systems? Can we replace the market construct of locational marginal pricing with something more suited to the new reality of grid power? What kind of policies can keep us on track to support transition and facilitate the evolution of the fuel and technology mix toward a high renewables future? Will FERC Order 841 succeed in opening the doors to storage on the grid? Are real-time prices the future of rate design? And as we move toward a deeply decarbonized grid, what are the implications for our economic system? In this episode, we delve into all those questions and more with an expert who has worked on power markets for over 30 years.