Energy Unplugged by Aurora

EP.225 Andrew Flanagan, CEO, RWE Clean Energy

43 snips
Jan 7, 2025
In this chat, Andrew Flanagan, CEO of RWE Clean Energy and a veteran of the US energy sector, dives deep into the evolving landscape of American power markets. He discusses the significance of load growth forecasting in investment strategies and how interconnection queues are shaping market reactions. Andrew also shares insights on the potential impact of the upcoming US elections on the energy transition. With over 25 years of experience, he brings a wealth of knowledge to the pressing challenges and opportunities in renewable energy.
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ANECDOTE

10 Gigawatts Milestone

  • RWE Clean Energy reached a milestone of 10 gigawatts of operating generation assets in the US.
  • This achievement was announced on the day of the podcast recording.
INSIGHT

US Market Attractiveness

  • The US power market's size, diverse technologies, resources, and market structures make it attractive.
  • The Inflation Reduction Act (IRA) offers a stable, long-term investment environment.
INSIGHT

Market Preferences

  • RWE prefers liquid markets with strong fundamentals like PJMs, ERCOTs, and MISOs.
  • They balance investments across regulated markets with longer-duration offtakes for stability.
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