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11.20.24

Top Energy Summit Takeaways

By Hannah Anderson, Director of Content Strategy, The Chamber

Midwest Energy Summit 2024

Tony Clark, Midwest Summit keynote speaker and executive-elect of the National Association of Regulatory Utility Commissioners, provides insights into the future of electricity pricing and grid fortification. Photo by 5foot20 Design Lounge.

Nov. 7, the Midwest Energy Summit brought together industry leaders to discuss the rapidly evolving energy landscape, focusing on the future of energy and key issues such as rising electricity demand, the integration of renewable energy and the challenges posed by the growing role of data centers.

The first panel, moderated by Paul Jordan, CEO of Corval Group, addressed the increasing electrical demand driven by electrification and the proliferation of data centers. Panelists Danny Martell (NextEra Energy), John Hollingsworth (ALLETE Clean Energy) and Bria Shea (Xcel Energy) explored how renewable energy sources like wind and solar are crucial in meeting current and future energy needs. The discussion highlighted the intersection of agriculture and energy, especially in the context of decarbonizing the agricultural sector and reducing the cost of clean hydrogen through projects like the Heartland Hub. The panel also examined the challenges of an overburdened labor force and the regulatory hurdles impacting energy projects, emphasizing the need for more predictability in permitting processes to support industry growth. The panel concluded with a focus on the role of lithium-ion storage and the potential of small nuclear reactors in balancing energy reliability.

Midwest Energy Summit 2024

The first panel at the Midwest Energy Summit: Paul Jordan, Danny Martell, John Hollingsworth and Bria Shea.

Midwest Energy Summit 2024

Camilo Serna

Midwest Energy Summit 2024 Nancy Johnson

Nancy Johnson

Midwest Energy Summit 2024 Josh Stanislowski

Josh Stanislowski

Camilo Serna, senior vice president at North American Electric Reliability Corporation, followed with a presentation on grid reliability, emphasizing the need for baseload generation and addressing the concerns posed by changing weather patterns and cyber threats. He noted that energy assurance standards are vital to maintaining a reliable grid and stressed the importance of battery storage to ensure grid stability. 

Nancy Johnson of the North Dakota Soybean Growers Association then took the stage to discuss the growing synergy between agriculture and energy. She highlighted the role of soybean crushing facilities in propelling biofuels forward in the upper Midwest. She also touched on the Inflation Reduction Act, which provides tax credits to encourage biofuel production. The conversation pointed to the potential for advanced biofuels to play a pivotal role in the region's energy future. 

Josh Stanislowski from the Energy & Environmental Research Center rounded out the morning with a discussion on the expanding role of carbon capture, utilization and storage (CCUS) technologies. He discussed the Midwest’s continued research and development of Carbon Capture capabilities has the potential to transform the regions energy industry by reducing emissions and supporting the expansion of production.

 

The second panel of the morning, Future of Traditional Fuels, brought together Karl Fennessey (ConocoPhillips), Todd Sailer (Minnkota Power Cooperative) and Danette Welsh (ONEOK) to explore the evolving role of traditional fuels—natural gas, coal and oil—in the energy landscape. Moderated by Brian Kalk (Energy & Environmental Research Center), the panel discussed the challenges and opportunities facing the sector, including rising market demand, workforce shortages and shifting state and federal policies. They examined how the industry is adapting, focusing on workforce solutions like training and automation, as well as the impact of regulatory changes. Panelists also shared insights into how innovation is helping traditional fuels meet future energy needs while balancing sustainability goals.

Midwest Energy Summit 2024

The afternoon session featured Tony Clark, executive-elect of the National Association of Regulatory Utility Commissioners, who provided insights into the future of electricity pricing and grid fortification. Clark discussed the challenges posed by carbon-constrained policies and the need for a balanced approach, involving more transmission lines, gas pipelines and continued innovation in energy technologies. He also explored the role of battery storage in addressing the growing demand for reliable, affordable energy.

The Summit concluded with robust discussions on the opportunities and challenges facing the energy sector. As the demand for electricity continues to rise, collaboration between energy producers, regulators and technology developers will be essential in creating a sustainable and reliable energy future.

View the event photo gallery

Watch the recording below

Midwest Energy Summit Premier Sponsors

Cass County Electric Cooperative
Xcel Energy, X

Learn more about the midwest summits

Convening regional and national thought leaders, businesses, chambers of commerce and associations on four significant topics.