May 16th, 2023

There are vast misconceptions surrounding the risk of Carbon Capture, Utilization, and Sequestration, which has been an impediment to projects in the space. Marsh and Hunton Andrews Kurth have done significant work to demystify CCUS risk. Contrary to prior sentiment, insurance is generally available and the costs can be minimized. When risk management and insurance is managed strategically, it can be used to protect tax credits and support project enablement.

Job Title: 
Senior Vice President
Organization: 
Transactional Risk Practice at Marsh
Patrick Browne is a Senior Vice President in the Transactional Risk Practice at Marsh, where he focuses on creating tax insurance solutions for clients on a wide range of U.S. federal,
state, local, and foreign income tax matters; his areas of focus include tax insurance solutions in connection with (i) M&A transactions, (ii) restructurings, (iii) mitigation of balance sheet tax
exposures, and (iv) the financing and structuring of renewable energy and low carbon projects.

Prior to joining Marsh, Patrick was a tax practitioner for over 20 years where he represented multinational corporations and private equity clients in a variety of industries on a wide range
of U.S. federal income tax matters, including mergers, acquisitions, dispositions, and restructurings. He also advised buyers and sellers on (i) tax due diligence matters, (ii) stock
purchase and asset acquisition agreements, and (iii) acquisition and disposition structures that optimized the structure from a global tax perspective. Patrick began his tax career at White &
Case and then was with the Washington National Tax office of Deloitte; he then spent more than a decade at Jones Day before joining the M&A tax group at KPMG.
Patrick is also an adjunct professor at Georgetown University Law Center, where he teaches a course in corporate income tax. He is the co-author of a Bloomberg BNA Tax Management
Portfolio Series treatise on U.S. income tax treaties, and a co-author of the Matthew Bender LexisNexis treatise on transfer pricing, Practical Guide to U.S. Transfer Pricing (fourth edition).
Job Title: 
Senior Vice President
Organization: 
Marsh's Energy Practice

Michael Roos is a Client Executive in Marsh’s Energy Practice based out of the Chicago, Illinois office. He serves as the Co-Chair of Marsh’s Carbon Reduction & Sustainability team. He is the primary point of contact for a range of Energy clients worldwide including major ethanol producers. He has done extensive work in the CCUS space to demystify misconceptions
around CCUS risk.

He is responsible for fully understanding his clients’ business and how that business is managed while using that knowledge to lead the development of valued risk solutions and services. He is responsible for managing his clients’ expectations and keeping his clients informed of emerging risks and trends. Michael successfully coordinates a strong team consisting of the
client, the broker, and the carrier, all working towards brand and balance sheet protection for the client. Michael oversees and coordinates the work of the team, deploying Marsh resources to ensure all pertinent information is shared, and the contributions of all the disciplines represented are seamlessly integrated. Michael also acts as the gateway to all Marsh &
McLennan worldwide resources. 


Michael has a decade of industry experience and joined Marsh in 2014 as a member of the Corporate segment. He has worked entirely in client facing roles and serves as a primary point of contact for his clients. Prior to joining Marsh, Michael worked as a Client Analyst at a mid-size insurance brokerage firm.

Job Title: 
Senior Vice President
Organization: 
Marsh's Energy Practice

Jim Walsh is a Client Executive in Marsh’s Energy Practice and is based out of the Chicago, Illinois office. In addition, he serves as the Co-Chair of Marsh’s Carbon Reduction & Sustainability team. He is the primary point of contact for a range Energy clients worldwide and has done extensive work in the CCUS space to support project enablement.


Jim is responsible for fully understanding his clients’ business and how that business is managed while using that knowledge to lead the development of valued risk solutions and services. He is responsible for managing his clients’ expectations and keeping his clients informed of emerging risks and trends. Jim successfully coordinates a strong team consisting of the client, the broker, and the carrier, all working towards brand and balance sheet protection for the client. Jim oversees and coordinates the work of the team, deploying Marsh resources to ensure all pertinent information is shared, and the contributions of all the disciplines represented are seamlessly integrated. Jim also acts as the gateway to all Marsh & McLennan worldwide resources.

Job Title: 
Senior Vice President
Organization: 
Marsh

Jim Walsh is a Client Executive in Marsh’s Energy Practice and is based out of the Chicago, Illinois office. In addition, he serves as the Co-Chair of Marsh’s Carbon Reduction & Sustainability team. He is the primary point of contact for a range Energy clients worldwide and has done extensive work in the CCUS space to support project enablement.


Jim is responsible for fully understanding his clients’ business and how that business is managed while using that knowledge to lead the development of valued risk solutions and services. He is responsible for managing his clients’ expectations and keeping his clients informed of emerging risks and trends. Jim successfully coordinates a strong team consisting of the client, the broker, and the carrier, all working towards brand and balance sheet protection for the client. Jim oversees and coordinates the work of the team, deploying Marsh resources to ensure all pertinent information is shared, and the contributions of all the disciplines represented are seamlessly integrated. Jim also acts as the gateway to all Marsh & McLennan worldwide resources.

May 18th, 2023

As more utilities worldwide close or reduce their fossil-based generation facilities in a  shift toward net zero emissions, there is a need to address the resulting human impact from those decisions. Fossil-fueled power plants that are closed and replaced by renewable energy sources must address the social implications resulting from the displacement and reassignment of the current staff at the closing facilities.

Job Title: 
Dep. Program Director & Director, European Electricity Mkts
Organization: 
United States Energy Association

Miha Pregl is the Deputy Program Director and Director of European Electricity Markets for USEA's Just and Secure Energy Transition program, a cooperative agreement with the United States Agency for International Development. Previously he was the Strategy and Market Development Manager at the Slovenian power exchange, BSP Energy Exchange, and served as chair of the European Market Coupling Steering Committee, where he supported the development of single pan-European cross-zonal day-ahead and intraday electricity markets.

Mr. Pregl is an expert on establishing power exchanges, with experience leading complex market coupling projects in Europe and the Western Balkans region. He is credited with integrating the Slovenian electricity market into Europe's single electricity market.

May 4th, 2023

In this Issue:

  • Save The Date: 2023 Annual Membership Meeting and Public Policy Forum
  • Virtual Press Briefing: Utilities and the Onslaught of EVs – How will they be Accommodated?
  • Women in Energy: May 2023 – Samantha Hung
  • USEA Program Updates
  • May 2023 Calendar
Job Title: 
Director- Market Design
Organization: 
New York Independent System Operator (NYISO)

Michael DeSocio has been involved in the design and operation of wholesale electricity markets at the New York Independent System Operator (NYISO) for over 20 years. His tenure at the NYISO includes work in Market Operations, Market Design, Information Technology and Project Management.

Mr. DeSocio is currently responsible for the evolution of the NYISO wholesale electricity markets, improving market signals and incentives for attracting and retaining resources that support New York’s grid reliability needs and policy objectives. He also oversees the NYISO’s efforts with integrating emerging resource technologies, including storage, DER and hybrid resources, into New York’s wholesale markets.

Mr. DeSocio has led a diverse array of projects at the NYISO, including landmark changes to the NYISO’s capacity accreditation rules, improvements to energy market shortage pricing outcomes, enhancing interregional trade, and designing New York’s comprehensive day ahead and real-time energy markets.

Previously, Mr. DeSocio worked at Central Hudson Gas & Electric.

He earned a Master of Engineering degree in Electrical Power Engineering from Rensselaer Polytechnic Institute in Troy, New York and a Bachelor of Engineering degree in Electrical Engineering from Clarkson University in Potsdam, New York.

May 1st, 2023

The Women in Energy series is a joint project between USEA and USAID to help improve the visibility of women's participation and leadership in the traditionally male-dominated energy sector and their active participation in policies and gender outcomes in organizations.

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