The Pexapark Podcast

Seb Kennedy, Founding Editor of Energy Flux, sheds light on the dynamic landscape of global gas markets. He discusses whether gas can still anchor European energy prices as renewable sources rise. There's a thought-provoking exploration of gas's potential transition to backup power and the implications of increased battery integration. Additionally, geopolitical factors, especially the Ukraine situation, are impacting future pricing regimes. Kennedy's insights into US and European LNG margins provide a captivating glimpse into what's ahead for the natural gas sector.

Welcome back to The Pexapark Podcast! In this episode, we start by unpacking Italy’s first FER X auction and how it could impact the country’s PPA market. More topics include Poland’s new support scheme for BESS, the two drivers affecting PPA valuations recently, and the data centers boom in the Nordics, followed by a dive deep into one of the fastest-evolving segments of the renewable energy landscape – the booming European short-term PPA market.Boon-Li Wong, Head of Portfolio & Trading Services here at Pexapark, carries over 15 years of experience in energy trading and risk management across global markets. His mandate over the past years has been to optimize revenue for operational portfolios, an area of increased focus for asset owners as renewables investment becomes more dynamic. Enjoy the discussion on: How the Short-term (ST) PPA market differs from traditional PPAs for project financing The drivers behind looking at such products for revenue strategy: market events, prices, and the importance of timing  How deal structures are evolving alongside market changes and the needs of asset owners: synergies between negative prices and baseload PPAs  The current market size and the near-term outlook Unlock More PPA Market InsightsRegister for your free Pexapark account to stay updated on the latest energy transition trends. Learn more >

Welcome back to The Pexapark Podcast! In this episode, we take you through a ride from Texas’ forward-looking ‘firming obligation’ proposal for new renewables, to the latest headlines in Europe – including Portugal’s political quicksand, Poland’s possible upcoming onshore wind opportunity, and the latest subsidy schemes developments in Greece, France and the UK and more, followed by a deep dive into the challenges of hourly matching for 24/7 straight from hands-on industry experience. Juan Pablo Cedra, is the CEO & Founder at Renewabl – a marketplace for 24/7 carbon-free energy – and the entrepreneurial mastermind behind many net zero-driven ventures. The latest venture helps large corporates improve their carbon-free energy (CFE) score by connecting them with local suppliers with hourly supply capabilities. Enjoy our discussion on:JP’s journey from Zeigo to RenewablPractical insight from how the venture is engineered to catalyze evolving procurement strategiesThe challenges and the green premium range of 24/7 hourly matchingWhy data and regulation will shape what comes nextLinks to notes from the episode:Enverus Unlock More PPA Market InsightsRegister for your free Pexapark account to stay updated on the latest energy transition trends. Learn more >

Welcome back to The Pexapark Podcast! On the regulatory front of this episode, we discuss the European Investment Bank's credit guarantee scheme for PPAs, and some initial reactions from industrial offtakers. More topics include the vibrant Italian energy storage market and its latest developments and reflections on the increased support for nuclear coming from big tech companies, followed by an in-depth conversation on all things battery offtake agreements in Europe. Besides a Pexapark alumni, Brian Knowles is also a long-standing battery geek and the Director of  Energy Storage & Power Marketing at Cube Green Energy. Brian has been at the forefront of energy storage development since the nascent days, bringing a valuable perspective to today's dynamic and rapid market developments in Europe. Enjoy the discussion covering topics such as: Why is Germany at the front and center for many developers? Is there convergence of business models across Europe? What insight on tolling agreements can we learn from his US experience? What drives co-location decisions from an IPP standpoint? Links to notes from the episode:Nat Bullard Annual PresentationAmazon, Google and Meta support tripling of nuclear capacity by 2050J.P. Morgan's 15th Annual Energy Paper Pexapark Renewables Market Outlook 2025Pexapark's upcoming Energy Storage AcademiesUnlock More PPA Market InsightsRegister for your free Pexapark account to stay updated on the latest energy transition trends. Learn more >

Noam Yaffe, CEO & Founder of RenewaFI, discusses the dynamic landscape of renewable energy pricing. He highlights the contrasting trends in Power Purchase Agreements (PPAs) between ERCOT and Europe. The conversation dives into the impact of data center demand on power forecasts and the role of battery storage in enhancing renewable energy output. Yaffe also touches on negative price clauses and the collaboration needed to improve pricing transparency in the market. His insights shed light on navigating future investments in renewable technologies.

In the eighth episode of The Pexapark Podcast, we kick off with an edit of Europe's latest regulatory updates while also touching upon Norway's socio-political crisis on the back of the country's hydro contribution to the continent's mix. More topics include Germany's new offshore wind pipeline, Spain's emerging financing challenges, GB's mismatch of pricing expectations, and more, followed by a focused discussion on the shifts and trends shaping renewable markets in 2025. Itamar Orlandi is part of Pexapark's commercial strategy team. Leveraging his vast cross-function experience in renewables investment, he's particularly passionate about interpreting market trends into tangible insights to keep pushing forward the decarbonization journey. His summary for the current state of the energy transition is 'Margin Compression'. Where do we go from here? Enjoy the discussion covering: Reactions from the findings of Pexapark's Renewables Market Outlook 2025 Report & Webinar How the market is approaching the new realities of European solar The industry's scrutiny of fundamental forecasts Three key value drivers to succeed in The Big Adjustment Episode breakdown:00:00- Intro01:04-Regulation03:17-Deals & Prices05:22- Wider Energy World09:44- Interview with Itamar OrlandiLinks to notes from the episode:Italy's TIDE power market reformPortugal's FRA auctionGermany's 12 GW offshore wind tenders Q4 2024 Market Report GBPexapark Renewables Market Outlook 2025 [Free Access]Unlock More PPA Market InsightsRegister for your free Pexapark account to stay updated on the latest energy transition trends. Learn more >

In the seventh episode of The Pexapark Podcast, Luca contemplated the US’s latest energy policy updates following President Trump’s prolific executive orders over his first term weeks. More topics include the impact of the new AI tool DeepSeek on PPA prices and energy demand discussions; battery storage stories from around the globe, and more, followed by a guest interview on the macro themes in energy commodities for 2025. Martin Fraenkel is Pexapark’s newly elected Chairman of the Board of Directors. He’s been dedicated to bringing price transparency to the energy commodities markets for nearly 40 years. What is the one phrase he kept from the latest World Economic Forum? Are renewables following the price discovery footsteps of Oil& Gas? What are the implications of the US’s clear pivot to fossil fuels in Europe?  Links to notes from the episode:Pexapark Renewables Market Outlook 2025 The Evolution of BESS offtake agreements in EuropeNextEnergy UpdateMartin’s Five Commodity Themes for 2025 Unlock More PPA Market InsightsRegister for your free Pexapark account to stay updated on the latest energy transition trends. Learn more >

In the sixth episode of The Pexapark Podcast, Luca reflects on Europe’s recent CfD rounds and how they compare to PPA prices in France, Poland and Germany. More topics include Norsk Hydro’s new risk management strategy for procurement; why 2025 could transform Europe’s offshore wind; the hidden messages behind Constellation Energy becoming the biggest power generator in the US and more, followed by a 360 discussion on the state of the 24/7 procurement journey.Killian Daly is an Executive Director at EnergyTag- a non-profit dedicated to enabling 24/7 offtakes – aka, hourly matching of consumption with green production. Having worked in an energy-intensive consumer, he understands first-hand the fundamental drivers of the concept, and he’s on a mission to bring this vision closer to reality. A lot done. A lot more to do. Enjoy the discussion covering:Practical requirements needed by producers and consumers to facilitate this journeyExamples of organisations on that mission and how they do itThe role of multiple- technology renewable deals and upscaled energy intelligenceBottlenecks, regulation and the milestones to reachLinks to notes from the episode:The greater PPA that never wasWind hatePolish CfDsEurelectric- Pexapark 24/7 studyUnlock More PPA Market InsightsRegister for your free Pexapark account to stay updated on the latest energy transition trends. Learn more >

Laurent Segalen, a clean energy investment banker and co-host of the acclaimed podcast 'Redefining Energy,' shares his deep insights on the energy transition. He highlights the looming battery boom and the evolving landscape of renewable investments, touching on significant offshore wind projects and the impact of regulatory changes. Laurent candidly discusses what frustrates him about current investment trends and emphasizes the vital need for profitable, scalable solutions in the quest for Net Zero.

In the fourth episode of the Pexapark Podcast, Luca critically reflects on Denmark’s offshore wind setback; Germany’s oversubscribed auction and how it stacks up against PPA prices; toxic energy debates on the back of the second Dunkelfaute; the doom and gloom of Swedish onshore wind and more, followed by a vibrant discussion on exciting new PPA structures in the market. The risks and requirements of today’s PPA environment demand more creativity and an open mind to how deals are closed. Ann Cocquyt, Director & Regional Lead- PPA Transactions at Pexapark, reflects on her closed transactions portfolio and shares her practical thoughts on all the key new structures we see in the market. From zero-price risk allocation clauses – which in reality should never have been a ‘new’ trend, to how Combo PPAs should be priced. What are the different contractual setups of renewables-plus-storage deals? Why are only big corporates able to lead the 24/7 demand? And what is the one required ingredient to qualify for a Multi-buyer PPA?Links to notes from the episode:EnergyTwitter 1: Lion Hirth  EnergyTwitter 2: Moving Beyond Simple PPAs   Energy Word 1: Bloomberg on Swedish wind  Unlock More PPA Market InsightsRegister for your free Pexapark account to stay updated on the latest energy transition trends. Learn more >