Main Summit. Nov. 3-4, :00-9:00 Panel Discussion: Perspectives on Renewable Energy Policies and Regulation in the Southeast

Transcription

1 Main Summit Nov. 3-4, 2016 Thursday, November 3, 2016: 7:00-7:50 Registration & Breakfast 7:50-8:00 Opening Remarks by Summit Chair Michael Woodard, Partner, MCGUIREWOODS LLP 8:00-9:00 Panel Discussion: Perspectives on Renewable Energy Policies and Regulation in the Southeast Don M. Bailey, Commissioner, NORTH CAROLINA UTILITIES COMMISSION Jeremy H. Oden, Commissioner, ALABAMA PUBLIC SERVICE COMMISSION Brandon Presley, Commissioner, MISSISSIPPI PUBLIC SERVICE COMMISSION 9:00-10:00 Panel Discussion: Utility and Coop Renewable Energy Procurement and Development Plans and Initiatives What are utilities plans for renewable energy development and procurement? What plans, programs and initiatives do they have to provide additional clean power resources? What role will policy play in shaping the market? What roles will utilities play? Where will the PPAs come from? What unknowns and risks cause the most concern? o Price transparency o Transmission and interconnection James Eck, Vice President - Business Development and Merchant Operations, DOMINION RESOURCES Ervan Hancock, Director of Renewable Energy, GEORGIA POWER Buck Martinez, Senior Director of Project Development, FPL 10:00-10:30 Morning networking and refreshment break 10:30-11:00 Presentation: The C&I Market in the Southeast: Opportunities and Hurdles Page 1

2 Attracting C&I to particular states and utility service territories have been policy and utility goals throughout the Southeast. What is driving corporate renewable buyers decisions? This energy end-user will discuss their internal goals and initiatives, financial and project constraints, and what they perceive to be the biggest hurdles. What corporate needs, goals and internal constraints affect their renewable energy procurements and project developments? Corporate renewable economics How are projects getting done involving utilities, utilities + IPPs + customers Renewable energy financing options being used in the market today Renewable deal structures: which are being used and why? Presenter: Michael Terrell, Principal, Energy and Global Infrastructure, GOOGLE 11:00-11:30 Presentation: What's New? A lively update on legal and tax issues that are in play in deals and before the IRS, Treasury, Congress and the courts plus new financing strategies and other news. Presenter: Keith Martin, Partner, CHADBOURNE & PARKE LLP 11:30-1:00 Group Luncheon 1:00-2:00 Panel Discussion: Utility-Scale Solar in the Southeast Which state markets are most attractive, and why? How can soft costs be minimized? What are the potential impacts of PURPA reform on the utility-scale solar market? How is the development community tackling the market? How do you deal with risks in the market? Will we see a stratification of developers in the market? What are the biggest unknowns and risks and what are the strategic remedies? How do you distinguish projects? Terminal value, tax equity and financial strategy Is Solar Merchant on the Horizon? Danny Van Clief, President, CORONAL DEVELOPMENT SERVICES Richard Haddon, VP, Structured Finance, STRATA SOLAR, LLC Matthew McGovern, CEO, CYPRESS CREEK Jim Schretter, VP of Origination, EDF 2:00-3:00 Panel Discussion: Defense Renewable Opportunities and Procurements The Southeast hosts some of the largest military bases in the country, and the DoD is actively looking to enhance its energy security by acquiring renewable energy. What are their renewable energy goals and share theirs wants, needs and requirements for future projects? What procurements are likely to be launched in the Southeast? What procurement practices and processes are being used? What contractual terms have posed the greatest problems for developers? Page 2

3 How have private sector financiers concerns been allayed? Susan Call, P.E., CEM, Renewable Energy Program Manager, NAVY FACILITY ENGINEERING COMMAND Paul Friday, Deputy Assistant Chief of Staff G7, MARINE CORPS INSTALLATIONS EAST* Miguel Romero, Director, Origination Renewable Energy / Infrastructure Investments, SEMPRA U.S. GAS & POWER 3:00-3:30 Afternoon networking and refreshment break 3:30-4:30 Panel Discussion: Assessing the Rooftop Solar Market in the Southeast The Southeast has some of the best solar resources in the country, but has seen very little development of rooftop solar to date. What are the prospects for residential solar in the Southeast? Which states are most likely to see development? Can policy and regulatory hurdles be surmounted? Where are utility-led programs emerging? Jackson Lehr, Director, Distributed Energy Development, NATIONAL GRID 4:30-4:40 Reception Welcome Remarks by: Nigel Cockroft, General Manager, JINKOSOLAR 4:40-5:30 Panel Discussion: Wind + Transmission as a Complement to Solar One complement to solar power in the Southeast is delivery of wind from the Midwest via HVDC power lines currently under development. How are coops and municipal utilities planning to access wind resources from out of the region? What power and transmission costs might be expected? Joni Hamson, Director of Business Development, EDF RENEWABLE ENERGY Craig Poff, Director of Business Development, IBERDROLA RENEWABLES Michael Skelly, President, CLEAN LINE ENERGY PARTNERS Steve Vavrik, Chief Commercial Officer, APEX CLEAN ENERGY Samuel Walsh, Deputy General Counsel for Energy Policy, U.S. DEPARTMENT OF ENERGY 5:30 6:30 Cocktail Reception sponsored by: Page 3

4 Friday, November 4, 2016: 7:00-7:50 Registration & Breakfast 7:50-8:00 Opening Remarks by Summit Chair Michael Woodard, Partner, MCGUIREWOODS LLP 8:00-9:00 Panel Discussion: Roles and Value Propositions for Energy Storage in the Southeast As solar increases its penetration of the generation portfolio, in what roles is storage positioned to provide valuable services? What are utilities in the Southeast to explore and exploit storage s unique capabilities and value propositions? On the DG side, what contributions might distributed behind the meter storage make in the near term? What might be the time frame for transformative change at the DG + storage level? Philippe Bouchard, Vice President, Business Development, EOS ENERGY STORAGE Peter Ledford, Regulatory Counsel, NC SUSTAINABLE ENERGY ASSOCIATION Jeff Gates, Director of Sales and Field Operations, ALEVO* 9:00-10:00 Panel Discussion: Gas Price Projections, and the Impacts on Renewable Energy Project Economics In this new era of lower gas prices the long term returns on all types of projects are impacted by the price differential with the marginal cost traditionally predicated on gas CCGT plants. Barriers to longer term investment in renewable energy in the Southeast have included the forward curve, liquid trading point, and a lack of discoverability due to the way SERC works. With returns not only predicated on the PPA but long term returns on price differential, where are gas prices headed? What upward pressures might result from coal plants retiring? Steve Dean, Managing Principal, DAI MANAGEMENT CONSULTANTS Peter Hubbard, Project Manager, PACE GLOBAL Nathan Serota, Senior Analyst, US Solar and Clean Energy Economics, BLOOMBERG NEW ENERGY FINANCE 10:00-10:30 Morning networking and refreshment break 10:30-11:30 Panel Discussion: Innovative Financing in the Southeast The panelists will provide their perspectives on the financing outlook for the upcoming pipeline of utility scale solar projects. Renewable energy options in the market today: Physical PPAs, virtual PPAs, green tariffs, aggregation (e.g. virtual net metering) What novel structures are appearing in the market? Where are financing costs headed in the future? What are the most notable deals? Utility vs. commercial offtake agreements Public-Private Partnerships Eric Cohen, Commercial Relationship Manager, FIFTH THIRD BANK Page 4

5 Anthony J. Conklin, Investment Acquisition Specialist, Renewable Energy, ENTROPY INVESTMENT MANAGEMENT, LLC Russ Laplante, Vice President of Business Development, TRADEWIND ENERGY, INC. 11:30-12:30 Panel Discussion: The Project Acquisition Pipeline and Investor Preferences Utilities and other investors have been looking to acquire smaller projects in the Southeast. This panel will explore what is in the pipeline, what has been getting acquired, and what is likely to be driving the market in the future. What types of projects have utilities been acquiring? What might be expected from yieldcos and other investors? Which balance sheet buyers are emerging in the market? Where do projects need to be in terms of land and interconnection agreements to be attractive to buyers? Ani Rouskova, Managing Partner, EOS CAPITAL ADVISORS Richard Walsh, Program Lead, Clean Energy Solutions, WGL ENERGY Page 5