U.S. power markets are evolving. Three factors—(1) the increasing penetration of generation from more intermittent renewable resources; (2) an increasing number of extreme weather events; (3) and the influx of new, especially corporate, buyers and sellers into the market—together are driving the development and adoption of new contracted revenue structures, risk management strategies, and products to measure emissions at a granular level. 

Born and bred to be an environmentalist, Lee Taylor founded REsurety nine years ago to develop new critical data analytics and risk management products to address the challenges faced by buyers and sellers in these evolving power markets. 

In this episode, host Chad Reed dives deep with Lee into the shift of focus from commodity price risk faced by fossil generation to volumetric risk faced by renewable generation. Chad also speaks with Lee about REsurety’s innovative Locational Marginal Emissions (LME) Product, which, by measuring emissions at a localized level, seeks to drive investment to clean energy projects with the highest impact on reducing carbon. 

Links:

• REsurety
• Locational Marginal Emissions (LME)
• Proxy Revenue Swap
• Lee Taylor on LinkedIn

Note: Hannon Armstrong is a both client of and investor in Resurety.

Episode recorded November 30, 2021

Email your feedback to Chad, Gil, Hilary, and Guy at [email protected].