Energy Adequacy II: Mitigating the impact of a volatile energy market

Description

"Nearly 65 million customers from the Great Lakes to the mid-Atlantic will be affected by higher electricity prices as a result of the latest Pennsylvania-Jersey-Maryland Interconnection (PJM) capacity auction. Retail power bills could increase by as much as 29% starting in mid-2025." - TRANE Technologies

The recent PJM capacity auction that will result in substantial electric utility costs increases beginning in 2025, is the most under-reported event impacting businesses in Ohio.  



With analysts predicting even greater increases on the horizon, having a plan to mitigate the financial impact of this volatile energy market will be critical to blunting the effects of these rising costs.  This panel will discuss both supply-side and demand-side strategies that can save your budgets and protect your margins.

Panelists:
Steve Moritz—President / CEO, Encentiv Energy
Joe Falci—Sr. Business Development Manager, Constellation Energy
Eric DeLodder—Industrial Solution Specialist, Trane Technologies
 
Moderator:
Jerry Schmits—Comprehensive Solutions Manager, Trane Technologies
 
Learning objectives:

1. PJM Capacity Market auction results: cause and effect
2. Supply side: items to consider when evaluating supplier-choice contract options
3. Demand side: knowing how and when you’re using power may prove to be just as important as using it efficiency
4. Financial incentives: going beyond rebates to make energy efficiency accessible and affordable