Michael Lee has worked in the renewable energy industry for more than a decade and currently serves as CEO of Octopus Energy U.S. After earning his MBA from Harvard, Michael quickly unlocked his passion for cleaner and cheaper electricity, working on some of the first battery storage projects and developing solar solutions for global Fortune 500’s. He spent nearly a decade in the IPP industry helping finance some of the earliest batteries, wind and solar projects before the industry matured to its current form. He then launched an energy retailer in Texas called Evolve Energy, with the idea that customers can optimize energy usage to ease grid tensions and save money on their bills through AI and IOT. Through a shared mission to decarbonize energy using tech and smart rates, Evolve Energy was acquired by Octopus Energy in 2020. Octopus Energy U.S. wants to enable a more modern, reliable and resilient grid across the country, starting in Texas. Octopus Energy is currently valued at more than $7.8 billion in 2023 and is backed by some of the largest global energy players such as Al Gore’s Generation Investment Management, Origin Energy, Tokyo Gas and CPP.
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In the ever-evolving landscape of the energy sector, risk mitigation stands as the keystone for sustainable growth and stability. The “Navigating the Currents” panel brings together leading experts in energy procurement, hedging and trading to delve into surviving market volatility. This session will explore the latest methodologies in identifying, assessing, and managing the multifaceted risks inherent in the trading of natural gas and power.
Panelists will discuss advanced analytical tools and risk assessment models that forecast market movements and help shield their operations from potential disruptions and losses. Discussions will extend to risk management strategies and tactics, from the utilization of derivatives and hedging to innovative insurance products to maximize market opportunities and provide a blueprint for attendees to understand how leading firms navigate inevitable market uncertainties.
As the energy market continues to integrate renewable sources and digital technologies, the panel will also provide a forward-looking perspective on the impact of these shifts on risk profiles and trading strategies. Attendees will leave with a comprehensive understanding of how to turn risk management into a competitive advantage.
Join us for an illuminating discussion that promises to empower energy professionals with the knowledge and tools to master the art of risk mitigation.