Heard at REF: The Continued Evolution of Offsite Renewable Purchasing

Smart Energy Voices

In this episode of Smart Energy Voices, host Debra Chanil welcomes Luke Penne, Senior Business Development Manager at Constellation Energy, in an interview from the 2024 Renewable Energy Forum, “The Continued Evolution of Offsite Renewable Purchasing.” This insightful episode covers recent developments in offsite renewable purchasing, including factors affecting the rising prices of power purchase agreements (PPAs), the importance of more impactful renewable purchases, and increasing demand for PPAs and integrated solutions as companies face challenges in meeting their 2025 and 2030 sustainability goals.

You will want to hear this episode if you are interested in…

• Impactful PPA transactions (05:51)
• The increased demand for PPAs and integrated solutions (07:42)
• Meeting the challenges of increasing demand (09:41)
• Navigating the changing market (11:59)
• Hourly carbon-free electricity (12:59)

Click here for detailed show notes

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With 10 years of energy and finance experience, Luke is currently a Senior Business Development Manager for Constellation, helping businesses decarbonize their operations hour-by-hour. Prior to his current role, Luke held several positions, both with Constellation and a sell-side investment bank, in energy and fixed-income trading operations. Luke achieved a master's in finance through the University of Baltimore and also holds a Bachelor of Science from Towson University.

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