This presentation from NFMT Baltimore discusses the evolving landscape of energy strategies, particularly on the shift towards sustainable and green energy sources. Significant changes are being driven by government policies and market demands for green energy.

Energy planning requires a holistic approach, which involves assessing current energy practices, exploring new energy technologies, and continually adapting to the evolving regulatory and market landscapes.

Speaker Andrew Singer of Constellation Energy shares the impact of historical and current government policies on the energy market. For example, when President Obama endorsed sustainable energy, it led to a sharp increase in demand for green energy that the supply at the time could not meet. This scenario is paralleled today with the current situation in California, where ambitious electric vehicle (EV) policies are outpacing the available power supply.

In addition, the substantial growth of data centers has increased electricity demand contrary to the general expectation of reduced consumption due to energy-efficient technologies. The massive energy requirements for data centers, which include power for operations, cooling, and backup, are a significant factor in the growing energy demand.

To meet these energy challenges, facility managers need to set up an effective energy strategy. Components for energy planning include understanding market trends, integrating sustainable practices, and leveraging green energy sources like solar, wind, and even nuclear power.

Facility managers should take advantage of the benefits of renewable energy credits (RECs) and carbon credits. Managers can use these credits to meet sustainability goals while also navigating the financial impacts.

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