Mitsubishi Power Americas’ Post

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We're proud to be gold sponsors of the Reuters Events Energy Transition Global Energy Transition 2024 conference, taking place in New York, NY on June 25-27. 💡 Tomorrow, our President and CEO, Bill Newsom will join the expert panel "From Regional Leadership to Global Stewardship" at 11:50-12:50pm ET, along with: 🎙️ Marc Chabot, Chief Global Clients Officer, WSP 🎙️ Dave Carroll, Chief Renewables Officer & MD of North America, ENGIE 🎙️ Zhanna Golodryga, EVP Emerging Energy and Sustainability, Phillips 66 🎙️ Heather Polinsky, PMP, F. SAME, President for Resilience, Arcadis They will take a deep dive into the multi-level energy transition and how nuances between the global agenda and regional reality affect operational and strategic planning. Learn more about the event and register here 👉 https://lnkd.in/eupCk4AY #MitsubishiPower #GET24 #EnergyTransition

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Bill Newsom

President and CEO Mitsubishi Power Americas

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I’m looking forward to the dialogue and sharing of ideas. We are in an an amazing market condition that I haven’t seen in my 30 years in this industry. 24-7 clean baseload generation is a demand need that is driving 6%, in aggregate, demand growth on the US electric grid. This is due to three key factors: 1) Reshoring of manufacturing, 2) Electrification of everything possible, & 3) Next Gen AI learning centers. This significant demand growth is requiring first a viable schedule and secondly a path to clean. Renewables are clean but when the wind doesn’t blow or the sun isn’t shining these industrial processes still need electricity, and at Mitsubishi Power we are demonstrating real utility scale projects and technologies that can deliver on the 24/7 clean balseload generation. Our ACES Delta project in Delta UT is a great example of meeting this need. I’m looking forward to discussing this project and many more that we are working on to meet the 24/7 clean need.

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