A webinar series to discuss the future of the energy market, the challenges for the future, and how it affects each stakeholders’ interest.
Online PR News – 19-May-2020 – New York, NY – Energy Market Stakeholders of the Future Announces New Webinar Series
“The Future of the Energy Market, The Challenges Stakeholders Face and How it Affects Their Interest”
Energy Market Stakeholders of the Future, a new collaboration between Corcoran Marketing Group, Kumar Resources, and Zpryme, is offering a complimentary webinar series wHERE a blended panel of retail suppliers, utility company representatives, regulatory members, and consumer advocates will discuss the future of the energy market, the challenges for the future and how it affects each stakeholders’ interest.
Today, the energy industry is in the most dynamic phase of its history: the technology of generation, transmission, distribution, and the regulatory policies that are constantly evolving combined with the dramatic changes in consumer behavior and expectations to create an extremely challenging environment for any supplier. The age of selling cents per KwH is over.
With the fossil fuel markets in significant turmoil, all of the stakeholders - utilities, independent generators (both large scale and small scale; traditional utility-grade and distributed facilities), retailers, energy management businesses, grid operators, regulators, and consumer advocates all need to come together. Today’s models won’t work for tomorrow’s world.
With that in mind, we are organizing a series of webinars - each of which will focus on the world from one set of stakeholders' point of view the energy retail supplier, the regulated utility, regulatory body, and the consumer advocate.
The first webinar focuses on the retail supply prospective with counter views from the utility, regulatory and customer advocacy, is scheduled for May 27, 2020, at 2:00 PM EST, attendees can register HERE.
The regulated utility and consumer prospective webinars are scheduled for June 10th and 24th respectively.
Param Kumar will moderate the first webinar and will be joined by panelists, Jim Steffes, EVP Corporate Affairs for Direct Energy, Kevin Boudreaux, VP Emerging Technologies for MP2 Shell, Bill Kinneary, President for NEM, Upendra Chivukula, Commissioner at NJ BPU, and Laura Elwell, Enterprise Energy Consulting
Jim Steffes, EVP Corporate Affairs for Direct Energy states, “The future of the energy industry is cleaner, smarter and centered on the customer. The companies that succeed in this environment will be those who can best engage customers and help them design their own unique path forward. It is truly an exciting time in energy as we race toward a brighter tomorrow.”
“As the grid continues to evolve rapidly, new technologies and business models offer a bewildering array of new opportunities for customers.” Peter Kelly-Detweiler, Principal at Northbridge Energy Partners added, “most customers don't have time to become energy experts, so they’re looking for providers to help them with solutions in managing costs, risks, and - increasingly - carbon emissions.”
In addition to uncovering the future challenges for energy market stakeholders, the panelists will answer questions like:
• How do you see the framework of the energy supply chain of the future?
• How has COVID-19 changed the retail energy business, and what will companies need to thrive in the “new normal”?
• Are there areas of vulnerability that will need to be addressed and by whom?
• How should retail energy providers prepare for the consumer of the future? What does that new business model look like?
Bill Kinneary, President of NEM, said “the advent of the retail energy supply industry, over twenty years ago, has transformed utilities from natural to unnatural monopolies in many aspects of their operations. It is time for state regulators to fully recognize these changes.”
Kumar, moderating the first session will explore, in practical terms, what the biggest challenges over the next few years will be for retail suppliers as stakeholders. Jason Rodriguez, CEO of Zpryme will moderate the regulated utility panel and Christina Corcoran, Principal of Corcoran Marketing Group will moderate the consumer advocate panel.
ABOUT ENERGY MARKET STAKEHOLDERS OF THE FUTURE
Today, the energy industry is in the most dynamic phase of its history: the technology of generation, transmission, distribution, and the regulatory policies that are constantly evolving combined with the dramatic changes in consumer behavior and expectations to create an extremely challenging environment for any supplier.
The broad range of players - utilities, independent generators (both large scale and small scale; traditional utility-grade and distributed facilities), retailers, energy management businesses - all need to come together to create the framework of the energy supply chain of the future. Failure to do so would play into the hands of monopolistic practices and inhibit growth and innovation.
Our efforts (webinars/seminars/sessions in related conferences) will bring together the players and produce ideas to be presented to the public at large, especially at the regulatory level to influence proper policy at the state and federal levels.