Energy markets emerged in 2019 as laboratories for climate policy while policymakers aimed to reduce greenhouse gas emissions. The impact has been deep and wide.
Nearly 25 state and provincial governments across North America enacted climate programs last year—introducing carbon-pricing mechanisms, financing a wave of new offshore wind and battery storage technology, and indefinitely postponing PJM’s capacity auctions.
As a result, the strategies that helped energy managers control expenses during the period of low, stable prices over the past five years have become considerably less effective.
Ultimately, overreliance on traditional retail purchasing strategies leaves more money on the table every year.
Our Outlook on the Most Important Trends in the Coming Year
Understand the markets, policies and regulations driving costs in your region and identify ways to adjust your strategy.