June 10th, 2009

Jonathan McClelland, Director in M.J. Beck's New York Office spoke on Renewable Portfolio Standards at the Deutsche Bank Alternative Energy Conference in Washington D.C. on June 10th 2009. Jonathan appeared on a panel focused on 'traditional' approaches to alternate energy with;

• Doug Arent, Director, Energy Analysis Center - National Renewable Energy Laboratory
• Donald Paul, Executive Director - USC Energy Institute
• Frank Kelly, Head of Government Affairs - Deutsche Bank
  

The panel was moderated by Adam Sieminski, Chief Energy Economist of Deutsche Bank. Jonathan gave an overview of the current State RPS programs, commenting on their diversity, complexity and relative impact on renewable energy investment. He also gave an analysis of the impact of a national standard, the size of a REC market ($ billions) and the fundamentals underlying long term REC prices.