Peter Gardett

Noreva featured in “build premium” analysis for investors

A sector-wide push among North American renewable energy companies to capture soaring power demand by expanding beyond traditional wind, solar and storage projects is fueling…

Peter Gardett In Press

Noreva Expertise on Energy Private Credit Featured

Private credit providers are fielding increasing inquiries from US investor-owned electric utilities as the industry prepares to spend record amounts of capital, according to sector…

Peter Gardett In Fuels, Market Views

Advanced Biofuel Feedstocks: Forecasting Prices in the Waste-to-Wealth Energy Market

The global biofuel feedstock market is undergoing a structural shift. As governments accelerate decarbonization targets, the industry is moving away from first-generation food-based biofuels toward…

Peter Gardett In Capacity, Market Views, Power

PJM gas bid fever may be breaking

The sale of four natural gas units by Constellation to LS Power for roughly $5 billion is not cheap by any description, but it does…

Peter Gardett In Capacity, Market Views

Why the PJM 3IA Prices Cleared So Low

The 2026/2027 PJM 3rd Incremental Auction (3IA) cleared at $164/MW-day, well below the Base Residual Auction cap of $329.17/MW-day. The gap has generated questions from…

Peter Gardett In Capacity, Market Views

Determining Demand in PJM: Auction Edition

Lack of demand side visibility in US power and capacity markets remains shocking. As the largest US power market braces for a 15-year, $150 billion…

Peter Gardett In Capacity, Market Views

Project Finance and PJM: Auction Repercussions

With $150 billion of capacity revenue at stake, PJM's planning for a long-term auction process later this year has outsized stakes for project finance in…

Peter Gardett In Capacity, Market Views

Scarcity, Stabilized: Why PJM Isn’t Ready to Let Capacity Prices Run

PJM's Base Residual Auction for Delivery Year 2027/28 cleared at the Cost of New Entry, approximately $333/MW-day. That outcome was not a market anomaly. It…

Peter Gardett In Market Views, Power

Untangling AES amid a power valuation boom

The much-rumored purchase of IPP–utility hybrid AES by GIP appears to be moving toward a closing phase, with the BlackRock subsidiary now diluting the full…

Peter Gardett In Capacity, Market Views, Power

Why keeping coal online will be so expensive

Investors regularly optimize for demand growth but often struggle to model the complexity imposed by supply constraints. In energy, remembering both sides of the equation…

Peter Gardett In Capacity, Market Views, Power

The Shape of the Storm: Lessons from Fern

Energy transition investors kept the US energy economy humming during the real world climate risk “stress test” of the last week. As system strains mount…

Peter Gardett In Fuels, Market Views

Market View: Getting physical with RNG and CNG

Two unlikely words are center stage in renewable natural gas markets as 2026 begins: “dispensing capacity.” Resolving worsening midstream constraints are crucial to a reassertion…

Noreva featured in “build premium” analysis for investors

Noreva Expertise on Energy Private Credit Featured

Advanced Biofuel Feedstocks: Forecasting Prices in the Waste-to-Wealth Energy Market

PJM gas bid fever may be breaking

Why the PJM 3IA Prices Cleared So Low

Determining Demand in PJM: Auction Edition

Project Finance and PJM: Auction Repercussions

Scarcity, Stabilized: Why PJM Isn’t Ready to Let Capacity Prices Run

Untangling AES amid a power valuation boom

Why keeping coal online will be so expensive

The Shape of the Storm: Lessons from Fern

Market View: Getting physical with RNG and CNG

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