Disruptive change in US power markets: Identifying risks and embracing opportunities in the new world of digital
This article was paid for by a contributing third party.
The panel
- Markus Seiser, Chief operating officer, Energy, Global financial services, FIS
- Tuncay Pekin, Managing director, Strategy and risk management, AES Corporation
- Glen Mackey, Chief risk officer, NRG Energy
- Anthony Yuen, Head of energy strategy, Commodities strategy, Citi
- Moderator: Stella Farrington, Senior writer, Commodities, Risk.net
Power markets worldwide are experiencing disruptive changes on a bigger scale and with greater speed than many had anticipated. Now, more than ever, it is essential to understand opportunities and risks associated with these changes.
From infrastructure security to the changing behaviour of energy consumers, the rise of new technology will create many challenges for power market players. Industry experts identify new risks and opportunities facing power market participants and how firms can better navigate the digital transition.
Key topics discussed include:
- Ensuring cyber security in an increasingly digitalised infrastructure
- Emerging technologies such as blockchain, machine learning and artificial intelligence
- How technology is impacting customer-generated energy, and its impact on the wider market
- How organisations can take full advantage of the cloud
- How energy companies are reinventing themselves to keep up with industry disrupters
More on Electricity
Next-gen PPA contracts reshaping European power markets
As energy market participants seek new ways of capturing value from volatility, new skills are required to structure and price increasingly complex power purchase agreements
Ercot reforms ace winter but Iran conflict and summer pose bigger test
Ercot’s RTC+B reform passes Storm Fern test – now market participants brace for extended Middle East conflict and high-load summer months
Interest in battery and flexibility soars in European energy markets
Energy traders are structuring bespoke contracts around Bess and flexibility that facilitate new ways of managing and sharing risk in this nascent market
Axpo interview: the rise of flexibility contracts in European power
Axpo’s Domenico Franceschino talks to Energy Risk about flexibility contracts, battery optimisation and the role of risk management in valuing these bespoke products
US power markets grapple with surging AI demand
Through rising demand and increased market participation, technology giants are transforming US power markets
CRO interview: Shawnie McBride
NRG’s chief risk officer Shawnie McBride discusses the challenges of increasingly interconnected risks, fostering a risk culture and her most useful working habits
Energy Risk Europe Leaders’ Network: geopolitical risk
Energy Risk’s European Leaders’ Network had its first meeting in November to discuss the risks posed to energy firms by recent geopolitical developments
Energy Risk US Leaders’ Network: tackling volatility
Energy Risk’s inaugural US Leaders’ Network convened in Houston in October to discuss risk management challenges caused by geopolitical upheaval, policy uncertainty and volatility
