Explore every episode of the podcast The Pexapark Podcast
| Title | Pub. Date | Duration | |
|---|---|---|---|
| Negative Prices and PPAs | 06 Nov 2024 | 00:26:36 | |
In our inaugural episode, our edit of market trends to keep an eye on includes ACER shelving the idea of more PPA templates; increased REMIT reporting requirements; ERCOT planning for big tech to pay for grid updates; and more global energy transition stories attracting our attention followed by an in-depth focus on negative prices and PPAs.
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| The German PPA Market at Crossroads | 21 Nov 2024 | 00:25:58 | |
In this episode of The Pexapark Podcast, our edit of market developments includes an initial overview of the possible impact that Trump’s return could have on the US’s energy transition; Sweden’s rejection of 32 GW offshore wind on the back of security concerns; controversial discourse on the back of the German Dunkelfaute and more thought-provoking developments across the globe, followed by a spotlight conversation on Germany’s PPA Market. The land of Enegiewende represents one of the largest renewable markets in Europe, but pending market reforms are set to shake the business models of both PPAs and CfDs. Luca caught up with Jens Hollstein, EVP Advisory at Pexapark, on the fundamental dynamics of PPA deal-making in the country and how they differ for solar, offshore and onshore wind; the current interplay between the auctions and the PPA route and how BMWK’s proposed reforms on the EEG scheme can cause a fundamental recalibration of business models for new renewables. Episode breakdown: 00:00-Intro Links to notes from the episode: BMWK proposes four reform options for EEG auctions EnergyTwitter 1: Greg Jackson rant on Dunkelflaute EnergyTwitter 1: Italian PPA Market Unlock More PPA Market Insights | |||
| Unlocking Multi-buyer PPAs | 05 Dec 2024 | 00:27:24 | |
In the third episode of The Pexapark Podcast, Luca’s commentary on all things global renewables and PPAs includes the attractiveness of GSE’s Energy Release Platform destined to serve Italian energy-intensive industrials; Spain’s energy storage consultation; US’s Grain Belt Express high-voltage direct line project confirming that there’s no transition without transmission, and more, followed by a spotlight conversation on Multi-buyer PPAs. The PPA Market is moving in new frontiers, with Multi-buyer PPAs receiving much attention due to their promise to unlock new demand segments by aggregating smaller buyers. Luca dives behind the topic with Jon Sigvert, CEO & Co-founder at Reel, a Copenhagen-based B2B electricity supplier and balancing responsible party only active in the Corporate PPA space, unfolding the opportunities and the challenges of the concept and how aggregation can eventually facilitate 24/7 PPAs. Episode breakdown: 00:00- Intro 00:59-Regulation 04:06-Deals & Prices 06:27-Energy Twitter 08:00- Wider Energy World 09:33-Interview with Jon Sigvert Links to notes from the episode: EnergyTwitter 1: Graig Lawrence EnergyTwitter 2: Moving Beyond Simple PPAs Unlock More PPA Market Insights | |||
| Beyond standard PPAs: Practical reflections on new types of power deals | 19 Dec 2024 | 00:33:10 | |
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? EnergyTwitter 1: Lion Hirth EnergyTwitter 2: Moving Beyond Simple PPAs Energy Word 1: Bloomberg on Swedish wind Unlock More PPA Market Insights | |||
| Energy Transition – Investing where it hurts: Where would Laurent Segalen put his money? | 09 Jan 2025 | 00:25:51 | |
In the fifth episode of The Pexapark Podcast, Luca discusses major stories indicating that 2025 will be the year of batteries: from year-end capacity forecasts by key grid operators highlighting an upcoming storage boom to Spain’s Capacity Market. More topics include Better Energy’s restructuring; the latest updates from France’s ‘Nuclear Renaissance’ and more, followed by a candid chat on energy transition investment with Laurent Segalen. In a world full of ideas and opinions around Net Zero, Laurent, a clean energy investment banker and co-host of the award-winning podcast “Redefining Energy”, has his bespoke hierarchical classification for investment opportunities. What is the magic sentence every investor wants to hear? What upsets him in the investment space at the moment, and what keeps him motivated? Unlock More PPA Market Insights | |||
| The State of 24/7 Offtakes | 22 Jan 2025 | 00:34:20 | |
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.
Links to notes from the episode: The greater PPA that never was Eurelectric- Pexapark 24/7 study Unlock More PPA Market Insights | |||
| Commodities & Energy Transition in 2025 | 06 Feb 2025 | 00:39:35 | |
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 Europe Martin’s Five Commodity Themes for 2025 Unlock More PPA Market Insights | |||
| The Evolution of PPA and Tolls Pricing in ERCOT | 06 Mar 2025 | 00:31:14 | |
Welcome back to The Pexapark Podcast! On the regulatory front of this episode, we discuss why EU’s Clean Industrial Deal could be a game-changer for PPAs and the takeaway from France’s TURPE 7 grid reforms. The latest pricing insights in two of the most liquid renewable PPA markets, Germany and ERCOT, reveal diverging trends. More topics include the evolving syneries of AI data center demand and battery storage forecasts in ERCOT and PJM, followed by an in-depth conversation on the evolution of PPA and Tolls pricing in the former. Noam Yaffe is the CEO & Founder of RenewaFI, a platform to price and source renewable energy and battery storage offtake agreements in the ERCOT market – now part of the Pexapark family. Following the recent acquisition, we were excited to catch up with Noam on our shared vision and drivers to bring forward pricing transparency in the renewables markets and hear more about what we can learn from the most advanced clean energy market from across the pond, including topics such as negative price clauses; offtake parties interested in toll agreements; uncertainties in the markets resulting in wide bid-ask spreads; and the role of BESS in shaping renewable energy output for data center power demand. Episode breakdown: 00:00- Intro 01:07-Regulation 02:37-Deals & Prices 05:18- Wider Energy World 06:54- Interview with Noam Yaffe Links to notes from the episode: The Outlook of the Spanish PPA Market- PPA Times Feb ’25 Edition Unlock More PPA Market Insights | |||
| Tackling Margin Compression in Renewables Investment | 20 Feb 2025 | 00:37:34 | |
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:
Episode breakdown: 00:00- Intro 01:04-Regulation 03:17-Deals & Prices 05:22- Wider Energy World 09:44- Interview with Itamar Orlandi Links to notes from the episode: Italy's TIDE power market reform Germany's 12 GW offshore wind tenders Pexapark Renewables Market Outlook 2025 [Free Access] Unlock More PPA Market Insights | |||
| The rise of the next-gen IPP | 29 May 2025 | 00:41:12 | |
Welcome back to The Pexapark Podcast! In the first part of the episode, we review the latest regulatory updates, including Greece’s fast track of 4.7 GW of new standalone merchant BESS and Germany’s consultation on a grid fee reform. More topics include a spotlight on the current play of Virtual PPAs in Europe and lessons from Spain’s April 2025 blackout from a PPA contractual perspective. In the second part of the episode, we invited Mario Schirru – CEO of Encavis AG, to discuss the burning topic of the rise of the next generation Independent Power Producer (IPP). We recently had a widely shared post on LinkedIn about how developers are evolving into full-scale energy businesses, managing merchant risk, revenue optimisation, and more. The response made clear that this shift is top of mind across the industry, so we invited Mario to discuss topics including:
Links: Virtual PPAs: State of play in 2025 Lessons from Spain’s April 2025 Blackout: Making PPA contracts resilient to unforeseen events The Rise of the Nextgen IPP LinkedIn post Unlock More PPA Market Insights | |||
| What makes ERCOT such a vibrant and complex energy ecosystem? | 15 May 2025 | 00:34:43 | |
Welcome back to The Pexapark Podcast! In this episode, before we go deep into the dynamics of the Texas energy market, we start with a edit of key developments in European renewables. Topics include early takeaways from the Spanish blackout, the latest from Italy’s MACSE auction and possible strategy decisions by players, and Germany’s proposes bidding zone split. We also dive into the increasingly notable trend of rising balancing costs, the price divergence in the Nordics and more. In the second part of the episode, Ian Niebor – Head of Energy Transition Research at Enverus, offers a deep dive into what makes ERCOT one of the most vibrant and complex energy ecosystems globally, citing its diversity of resources, policy landscape, and rapid infrastructure development. On the supply side, the discussion highlights continued growth in solar, storage, and selective gas capacity additions, tempered by policy fragmentation and limited coordination mechanisms. Unlock More PPA Market Insights | |||
| From Backbone to Back up? Understanding Gas’s Role in Setting Future Power Prices | 30 Apr 2025 | 00:35:48 | |
Welcome back to The Pexapark Podcast! In this episode, we start with an ERCOT edit, including an update on the energy market’s PPAs and Tolls pricing following Trump’s tariffs on Chinese imports; a major load forecast revision, and the rising political tension in Texas. More topics include the proposals of the French energy regulator to boost the local PPA market, Germany’s latest EEG solar auction, and more, followed by a deep dive into the evolving nature of gas markets. Seb Kennedy is the founding Editor of Energy Flux, a premium newsletter analysing global natural gas markets through the lens of Europe’s net zero journey. As one of the sharpest voices on the shifting dynamics of global gas markets, we aimed to contemplate questions such as:
Episode breakdown: 00:00- Intro 01:11-Regulation 05:30-Deals & Prices 07:25- Interview with Seb Kenedy Links Pexapark Q1 2025 Renewables & PPA Market Update Reports Unlock More PPA Market Insights | |||
| Inside the Booming European Short-Term PPA Market | 17 Apr 2025 | 00:33:14 | |
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:
Unlock More PPA Market Insights | |||
| The 24/7 Challenge: Matching Clean Power Hour by Hour | 03 Apr 2025 | 00:32:14 | |
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:
Links to notes from the episode: Unlock More PPA Market Insights | |||
| Europe's Dynamic Battery Storage Business Models | 20 Mar 2025 | 00:34:34 | |
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:
Links to notes from the episode: Nat Bullard Annual Presentation Amazon, Google and Meta support tripling of nuclear capacity by 2050 J.P. Morgan's 15th Annual Energy Paper Pexapark Renewables Market Outlook 2025 Pexapark's upcoming Energy Storage Academies Unlock More PPA Market Insights | |||
| Optimising the Future: Enspired CEO Jürgen Mayerhofer on the Storage Market’s Next Moves | 26 Jun 2025 | 00:39:38 | |
Welcome back to The Pexapark Podcast! In the first part of the episode, we reflect on the proposed rollback of the US’ clean energy tax credit scheme for renewables and potential short-term and medium-term impacts. More topics include the latest findings from Pexapark’s intensified BESS insights, including tolling price discovery; the current bid ranges in Germany; BESS financing structures based on revenue and business models and more. In the second part of the episode, Juergen Mayerhofer – CEO and Founder of enspired, BESS and power assets optimiser – discusses the exciting but challenging task of helping an asset owner understand the behaviour of a BESS asset. Enjoy a discussion on themes including:
Episode breakdown: 00:00- Intro 01:16-Regulation 04:56-Deals & Prices 10:14- Wider Energy World 13:43- Interview with Juergen Mayerhofer Links: Unlock More PPA Market Insights | |||
| Unpacking the dynamic Italian PPA market | 12 Jun 2025 | 00:39:00 | |
Welcome back to The Pexapark Podcast! In the first part of the episode, we review some turbulent developments in anti-renewables regulation at the US state and federal levels, as well as the evolution of ERCOT’s PPA price assessments following the market’s revised long-term load forecast. More topics include Denmark’s revised offshore wind framework, and the implications of booming solar in Poland, Portugal, Spain and France. In the second part of the episode, David Battista – Analyst & Price Reporter at Pexapark, sheds light on the particularly dynamic energy transition story of Italy. For years, Italy’s PPA market has been talked about more for its potential than its performance. However, dynamics have shifted significantly due to increased regulatory support and strong buyer interest, all while the country is exhibiting early signs of an epic storage boom. To understand the momentum, enjoy the discussion around:
Links: RenewaFi by Pexapark: Renewables industry fears ugly outcomes from Trump’s “One Big Beautiful Bill” RenewaFi by Pexapark: New net load scenarios: Why supply assumptions matter Unlock More PPA Market Insights | |||