Programme

08:30
 - 09:00
Networking Area
Networking
Registration and refreshments
09:00
 - 09:10
Grand Ballroom - Stream 1
Opening remarks from the event chair
Co-Founder & President
Clean Capital
09:10
 - 09:35
Grand Ballroom - Stream 1
Welcome from New York State
New York State is leading the charge in the move to transition its energy mix into a low carbon era. With the recent passage of the Climate Leadership and Community Protection Act, a 70% target for solar as a source of power generation, several successful RFPs, this session will look at why the State of New York is one of the best places to develop projects.
President and CEO
NYSERDA
09:35
 - 10:25
Grand Ballroom - Stream 1
Panel Discussion
Terawatts and Trillions
Trillions of dollars are needed if we are to hit our climate change mitigation goals. In addition to that, the power sector is undergoing a fundamental shift as generation becomes more decentralized, storage matures and comes down in cost and more technologies hit the sector. These factors create a huge opportunity for investors but the industry needs to provide comfort that the risks are low to attract more institutional funds. This session is designed to explore:
  • Returns from solar and storage – an analysis of what to expect and how to keep them high
  • Asset owners speak back: solar, solar+storage and storage as asset classes – how do they compare with other infrastructure investments?
  • Thoughts from institutional investors about how the industry can attract long term capital to the market
  • How to increase deal value and project size – examples from recent deals
  • How effective has securitization been at attracting investors with low risk appetites?
  • Macro issues affecting investor risk appetite: economics, politics and climate change
Managing Director, Global Head - Renewable Power
BlackRock
Co-Founder & President
Clean Capital
Global Head of Energy and Infrastructure
Pillsbury Winthrop Shaw Pittman LLP
President
BHE Renewables
10:25
 - 11:00
Grand Ballroom - Stream 1
Presentation
Dispatchable Solar on the Rise - Solar & Storage Outlook

The future of solar and storage industries are intertwined, as dispatchable solar becomes a new normal. In 2018, the U.S. added nearly 10GW of solar and 300MW of storage. This year, almost 2GW of solar-plus-storage projects have been announced to be delivered over the next four years. Developers seek to deliver both technologies, and investors are trying to understand the risks involved. More than a trend restricted to sunny states with arbitrage opportunities, join to hear BloombergNEF’s take on:

  • U.S. solar market update: how new capacity and price declines will fare as tariffs distort supply
  • How solar-plus-storage contracts are structured to value different services, and how these contracts are evolving.
  • With a new solar-plus-storage contract announced each month, who are the players to watch?
  • The changing landscape of solar development – portfolio acquisitions, and new market entrants
  • What are the drivers for the drop in energy storage costs?
  • What is the technology evolution underlying the growth in energy storage?
  • Why is there a dominance of lithium-ion, and will that change?
North American Solar Analyst
Bloomberg NEF
Energy Storage Lead
Bloomberg NEF
11:00
 - 11:30
Networking Area
Refreshments and networking

Stream One

11:30
 - 12:10
Grand Ballroom - Stream 1
Panel Discussion
Evolution of capital: debt, equity, and tax equity
This session will look at how traditional capital providers to the sector are evolving their offerings to deal with increased complexity in project design. We will look at co-located solar and storage case studies to ask whether the economics are there yet and what project developers can do to work more effectively with partners.
  • How to attract capital to a project – what do you need to do to work with providers in the future?
  • How is the project finance market evolving and how are debt providers working on more complicated project designs?
  • How does the cost of capital compare for solar, co-located solar and storage, and stand-alone storage?
  • Are we in a lithium bubble or are capital providers ready for other storage technologies?
  • How are lenders dealing with complicated capital stacks?
Partner
3i Group
Senior Vice President
Green Investment Group, Macquarie
Vice President of Structured Finance & Investments
GAF
Co-Founder and CEO
RadiantREIT
Co-Head of Power, North America
Investec Holdings
Senior Advisor
Javelin Capital
12:10
 - 13:00
Grand Ballroom - Stream 1
Panel Discussion
Under new ownership?

This panel will start with a short presentation from Mona E. Dajani who will give the audience an update on assets changing hands, and the M&A landscape in the USA. We will look at where capital and buyers are coming from, how to win investment and how the trends 2019 has presented might continue. Discussion points include:

  • Secondary markets – deal flow in 2019, are we trading on a project-to-project basis or portfolios and companies?
  • How have successful deals been structured? What were the elements that helped?
  • What do asset owners need to do to get the best deal?
  • How will traditional energy companies approach the market in the future? (utilities, oil and gas)
  • Do investors see oil and gas companies as competitors, capital providers or partners?
  • What are we seeing in terms of valuations?
  • How are O&M and Technical Asset Managers supporting deal values?

Principal
Energy Capital Partners
Co-CEO
Nautilus Solar Energy
Global Head of Energy and Infrastructure
Pillsbury Winthrop Shaw Pittman LLP
Managing Director
NextEnergy Capital
Managing Director, Global Power & Renewable Energy
CITIGROUP
Chief Financial Officer
Soltage

Stream Two

11:30
 - 12:10
Crystal Ballroom - Stream 2
Panel Discussion
100% Renewables: moving from talk to action

This afternoon session will feature a deep dive into how we can drive uptake for renewables at a state level, a city level and through corporate energy buying.

  • The interplay between Federal policy-making and state-level policy-making in driving the market forward
  • Review of states with a 100% renewable target – is the infrastructure and the capital there to support it?
  • From cities to corporates – how can you work with large energy users?
  • Did we reach the 6.4 GW* highs from the corporate market predicted in 2018 – what can the industry do to improve this?
  • What new mechanisms are available to hedge risk? What is the relationship between generation, energy buyers and networks now?
  • What is the size of the corporate PPA market in 2020?

* EY identified corporate buyers entered into over 6 GW of power purchase agreements (PPAs) in the USA in 2018

Director, Office of Environmental and Energy Programs
Port Authority of New York and New Jersey
Executive Director
NJ Energy Coalition
Co-Founder
SunLight General Capital
Deputy Director, Infrastructure and Energy
New York City Mayor’s Office of Resiliency
Commissioner
N.J. Board of Public Utilities
12:00
 - 13:00
Crystal Ballroom - Stream 2
Panel Discussion
Quick-fire case studies

  • PPA case study – sleeved versus virtual? Differences and benefits of each approach
  • How to sell the deal internally – what do you need to do to convince your FD?
  • Return on investment – what’s the reality in terms of energy production, savings and can you sell surplus energy?
  • Risk – what do you need to know now to get the installation right?
  • How to select the right partners
  • Funding options
  • How to remove risk from your own balance sheet

Vice President - Battery Energy Storage Systems
Ameresco
13:00
 - 14:30
Networking Area
Lunch
Lunch break and networking

Stream One

14:30
 - 15:30
Grand Ballroom - Stream 1
Panel Discussion
Project case studies

  • How is an abundance of capital affecting developers?
  • Locations emerging as hotspots
  • Project design – focus on solar+storage
  • How are developers dealing with complicated revenue options?
  • Utility scale Vs. C&I Vs. large scale residential
  • Success themes – what’s driving success in 2019?

Executive Vice President
Arevon DC – By Capital Dynamics Clean Energy Infrastructure Platform
Director of Structured Finance & Strategy
EDF Renewables
15:30
 - 16:00
Grand Ballroom - Stream 1
Panel Discussion
How to get the best value from your PPAs

This session will outline how the PPA market is evolving and how companies have negotiated the best value from their PPA.

  • How to work with different offtakers coming to the market – understanding their needs and winning business
  • How successful generators are changing their offerings and structuring deals
  • Hedging merchant risk
  • Allocating balancing risk in the right way between stakeholders
  • Overview of strengths and weaknesses of different markets
  • Can the market sustain lower cost PPAs?
Sales and Marketing
Indie Energy
General Counsel
Hecate Energy
Director of Business Development
Birdseye Energy

Stream Two

14:30
 - 15:30
Crystal Ballroom - Stream 2
Panel Discussion
The big debate: should you invest in storage and solar PV now?
  • Why install anything now if the costs are coming down? 
  • What are the possible revenue streams, expected generation and payback periods? 
  • Legal issues between tenants and landlords 
  • Matching with cities’ plans for renewable energy and storage 
  • How should you value power moving forward? 
  • Which PPA structure should you go for: standard or synthetic?
15:30
 - 16:10
Crystal Ballroom - Stream 2
Panel Discussion
Residential storage: aggregation models to scale up investment opportunities
This session will look at how residential storage is scaling to a size that larger investors could work with. We will feature a cross-section of speakers from different verticals to assess recent deals.
Assistant Director
NYSERDA
Vice President - Infrastructure and Power
Ares Management
Managing Director
Aligned Climate Capital
CEO
Swell Energy
16:00
 - 16:30
Networking Area
Networking
Refreshments and networking

Stream One

16:30
 - 17:15
Grand Ballroom - Stream 1
Panel Discussion
Regulation and policy

This session will provide a deep dive into the policy landscape in the USA and provide insight into what panelists and the audience expect in 2020, how a Green Deal could play out, the impact that FERC Order 841 has had and how to prepare for a future without subsidies.

  • What could the New Green Deal mean for the industry
  • FERC Order 841 – what have the results been for deployment of storage?
  • Audience vote: where would they like policy to move in 2020?
  • Post subsidy era – what mechanisms would be useful to the industry in the absence of subsidization?
  • Is there a need for policies aimed at energy buyers?
  • Dealing with the ITC phase out
US Director, Regulatory Strategy and Utility Initiatives
Sonnen
General Manager of Solar
Mosaic

Stream Two

16:30
 - 17:15
Crystal Ballroom - Stream 2
Presentation
Maximizing revenue from co-located solar and storage

  • What are the use cases for standalone storage, and how to define your area of focus
  • How the economics work for merchant storage stand alone, and what revenues and returns are possible
  • Why solar+storage makes sense: the co-location value drivers
  • What an optimal storage+solar configuration could look like: ratio of storage to solar to grid, battery duration etc.
  • Risk and financing considerations
  • Deal microscope – how have successful deals been structured?

Managing Director and Co-Founder
Pason Power
CEO
Convergent Energy + Power
17:15
 - 18:00
Grand Ballroom - Stream 1
Roundtable Discussions
Roundtables with beer and wine

It works: great minds, great beer (or wine) and the chance to get your own questions answered: our round tables with beer are always a huge success.

Suggested topics include:

  • Locations for new development – where are people prospecting for business?
  • The economics of solar + storage – when do attendees think they will work?
  • Community projects – accessing one of the hottest markets in the USA
  • Utilities’ role in the industry – how do we overcome the barrier of what utilities can own and what role can private companies play in building and leasing storage assets?
  • Is lithium-ion the best technology? How are longer-duration batteries maturing and what are their economics like?
Business Analyst, DER
NYSERDA
18:00
 - 19:30
Networking Area
Presentation
Closing keynote, drinks, and networking

  • The role that the private sector can play in expediting the move away from fossil fuels towards lower carbon power generation and storage
  • The need for leadership throughout the industry, including afore mentioned private sector, state governments, cities, large energy buyers and the financial community supporting the growth in low carbon generation and the renewable energy industry
  • “Bigger picture” issues such as threat to the economy from climate change and opportunity to develop skilled employment in a new sector

19:30
 - 00:00
End of first day of the conference