What Rising Energy Prices Mean for Renewables with Michael Decaluwe of Nania Energy Ep.90

Get a 15% discount to attend Midwest Solar Expo with discount code: CPH15. www.MidwestSolarExpo.com/, the premier B2B solar and clean energy event in the region. The cost of energy is on the rise here in the US and around the world. What’s behind the drastic increase in costs? Why are some markets more expensive than others? And how do rising energy rates create an opportunity for renewables? Michael Decaluwe is Senior Vice President at Nania Energy, an energy advisement company that helps organizations in deregulated markets meet their cost and sustainability goals. To date, Nania’s team of 20 serves nearly 6,000 customers in 28 states across the country.On this episode of Clean Power Hour, Michael joins Tim to discuss the landscape of energy markets in the US, walking us through the regulatory and logistical factors driving the drastic increase in prices in the California, New England and New York markets. Michael reminds us what was happening in energy markets during the economic crisis of 2008, describing how current circumstances compare and why today’s market differs from any we’ve seen before.Listen in for insight on the evolution of energy markets over the last 10 years and learn how rising energy prices give renewables an environmental and economic advantage over fossil fuels.Key TakeawaysHow Nania Energy Advisors helps organizations minimize their energy billsThe regulatory and logistical factors driving the drastic increase in energy prices in the California, New England and New York marketsHow customers were ‘spoiled’ by decreasing energy rates every year since 2011How the transition away from natural gas impacts energy costsHow Nania helps commercial industrial businesses de-risk their position in energy marketsHow the current energy market deviates from traditional cycles of inflation and deflationWhat happened to energy markets in 2008 and how current circumstances compareHow rising energy prices create an opportunity for renewables Which Nania customers are proactively asking for renewables and which ones remain at the ‘conversation stage’Connect with Michael Nania Energy Michael on LinkedIn Email [email protected] Connect with Tim  Clean Power Hour  Clean Power Hour on YouTubeTim on TwitterTim on LinkedIn Email [email protected] Review Clean Power Hour on Apple PodcastsResourcesNYISOISO New EnglandERCOTPJMCalifornia ISO MISOIllinois’ Climate and Equitable Jobs ActMaryland’s Climate Solutions Now Act of 2022Xcel NIPSCOMidwest Solar Expo [Discount Code CPH15] Sponsor Clean Power Consulting Group Support the showConnect with Tim  Clean Power Hour  Clean Power Hour on YouTubeTim on TwitterTim on LinkedIn Email [email protected] Review Clean Power Hour on Apple PodcastsThe Clean Power Hour is produced by the Clean Power Consulting Group and created by Tim Montague. Contact us by email:  [email protected] sponsors who share our mission to speed the energy transition are invited to check out https://www.cleanpowerhour.com/support/The Clean Power Hour is brought to you by CPS America, maker of North America’s number one 3-phase string inverter, with over 6GW shipped in the US. With a focus on commercial and utility-scale solar and energy storage, the company partners with customers to provide unparalleled performance and service. The CPS America product lineup includes 3-phase string inverters from 25kW to 275kW, exceptional data communication and controls, and energy storage solutions designed for seamless integration with CPS America systems.  Learn more at www.chintpowersystems.com