Energy Market Outlook and End of Year Strategies
The energy markets have been on a roller coaster in 2021. What is the current outlook, and what strategies can you employ to manage these volatile markets?
In this webcast, we'll discuss the current state of the energy markets. While prices are most important, we offer insights into the drivers of the energy markets and shed some light on how these drivers impact market prices.
The primary energy market drivers fall into two areas: Fundamentals and Politics. Fundamentals are the factors influencing energy supply and demand of electricity and natural gas. Supply factors include power generation, natural gas production (drilling rigs, fracking, and horizontal boring), underground gas storage, and pipeline capacity. Demand factors include consumer usage and weather (driving how much energy is required for heating and air conditioning seasons).
Politics include changes to the legal and regulatory environment that can cause significant moves in energy prices. Political impacts can include new emission standards such as mandated movement to cleaner generation facilities with higher operating costs, new energy taxes or fees, and new pipeline or transmission line placement restrictions. Political factors can be domestic or international.
We'll also show you how to take advantage of potential cost savings and risk management opportunities in deregulated energy markets throughout the U.S. You’ll learn how to develop a holistic buying strategy that analyzes your current energy rates, identifies best-fit suppliers for your markets and properties, and assists in executing new contracts, including renewable energy options, and managing contract renewals to better minimize risk.
Join us and learn current energy market developments and energy buying strategies that mitigate the risks of procuring renewable energy.
Mary Nitschke joined RealPage as Vice President of Sustainability in 2019. Previously she was the Director of Ancillary Services for the award-winning Prometheus Real Estate Group, Inc, where she had the privilege of managing both the resident costs and expense sides of the utility wheelhouse.
Mary is passionate about utilities, and should perhaps switch to decaf. She was the first president of the Utility Management Advisory board, possesses an Energy Resource Management Certificate from UC Davis, and two Bachelors of Art from UC Berkeley.
Dimitris KapsisVP Energy Management, RealPage Utility Management, Realpage,Inc
Dimitris joined RealPage in 2017, bringing over 15 years of energy expertise and leadership. Before joining RealPage, Dimitris served as Chief Energy Officer for AUM. He and his team of energy experts helped AUM become the premier energy management provider to the multifamily industry. Dimitris previously served as Director of Energy Management for Archstone, a Denver-based property ownership and management firm.
Tek ChungDirector of Energy Procurement, RealPage, Inc.
Tek Chung is a Certified Energy Procurement Professional (C.E.P.) with 7 years of energy experience. Half of that time was spent with a small retail electricity supplier, BlueStar Energy which was subsequently acquired by AEP to form AEP Energy. He was both a Channel Manager and Channel Partner Recruiter for AEP Energy. After spending over 3+ years there, he spent a year leading sales and marketing for a local energy broker in a southwest suburb of Chicago. Now as the Director of Energy Procurement at RealPage, he continues his sales and account management efforts working with both our suppliers and clients.