Category Archives: Uncategorized

Clear Energy Welcomes Michael Callahan to Strengthen REC Market Expertise

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Grand Rapids, MI – 10/01/24 – Clear Energy is excited to announce that Michael Callahan has joined the firm to enhance its offerings in the Western Electricity Coordinating Council (WECC) Renewable Energy Certificate (REC) markets, national voluntary REC markets, and Midwest Capacity Markets. Based in Grand Rapids, Michigan, Michael will work alongside Ryan Cook to further develop Clear Energy’s market coverage and service capabilities.

Prior to joining Clear Energy, Michael spent seven years as a logistics broker with one of the nation’s leading firms, where he consulted with senior stakeholders on carrier procurement and strategic initiatives aimed at achieving carbon-neutral goals. His significant contributions on the sustainability team included efforts that successfully reduced network CO2 emissions by 18% through route optimization, co-loading freight, and network rationalization.

Michael holds a bachelor’s degree in finance from Portland State University and a graduate certificate in Corporate Sustainability from Cornell University. His educational background, combined with his practical experience in logistics and sustainability, positions him uniquely to serve Clear Energy’s clients in navigating the complexities of the REC markets.

In his spare time, Michael enjoys skiing, running, and cheering on his favorite NFL and NBA teams.

Michael can be reached directly at 616.327.2932 or via email at [email protected].

Clear Energy is committed to delivering exceptional service and innovative solutions to its clients, and Michael’s expertise will be a valuable addition to the team.

 

About Clear Energy
Clear Energy is a leading brokerage firm specializing in renewable energy markets, providing clients with comprehensive insights and strategies to optimize their sustainability initiatives. With a focus on innovation and market leadership, Clear Energy is dedicated to supporting clients in achieving their environmental and economic goals.

For more information about Clear Energy or to schedule an interview with Michael Callahan, please contact us at the details provided above.

 

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Ryan Cook quoted in OPIS article on RECs

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Clear Energy Brokerage Vice President Ryan Cook also attributed the price increases in PJM compliance RECs, in part, to the strength of the economy this year and warned that a recession could lead to a drop in demand.

“If we have an economic downturn, we’re going to see a reduction in power consumption,” said Cook. “That would mean we’re going to see a reduction in overall demand for compliance RECs.”

Read the full article on OPIS Blog: “RECs Bottlenecks Expected to Keep Markets Tight”

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Welcome to SREC & NEPOOL Broker Michael Rizzo!

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Clear Energy is pleased to announce that Michael Rizzo has joined the environmental commodities brokerage team. Michael comes to the group with nearly 25 years of experience as a broker of illiquid and complex markets, and is a veteran in building trusted relationships over the long term. Previously, Michael was the Head of Trading and Senior Broker at Clarkeson Research Group, where he built and serviced trade relationships with major primary and regional dealers as well as hedge funds and money managers. He managed a group of five brokers as Desk Head, and was pivotal in driving business for the firm. The team looks forward to his invaluable experience as he picks up the reigns to service our NEPOOL REC and SREC clients.

Michael can be reached at [email protected] or at (516) 665-1788. You can find out more about him at http://clearenergybrokerage.com/team/.

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Clear Energy Q3 2015 Midwest Market Notes

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Illinois: Like Chevy Chase on his sled in the movie “A Christmas Vacation”, prices seem to have shot down the hill at silicon based kitchen lubricant speed and liquidity is hiding in the Christmas tree. Non wind offers abound and buyers don’t have any trouble finding willing sellers. The long-term forecast for this market indicates that we will be here for a while unless legislative issues forces a change. Wind prices trade at a slight premium to Green-e. View PDF

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