Hey Eavie! Based on the transcript, Dr. Yinghuang Ji (who also seems to be moderating or facilitating the panel) shares a bunch of insights throughout the session. Here are his top takeaways and themes from the discussion: 1. **Data Center Demand Drives Everything** Dr. Ji highlights that the big factor right now in power markets is “unprecedented data center load growth,” which is causing lots of excitement and consideration for energy investments—especially in places like Virginia and Texas. 2. **Tightness and Reliability Concerns in Power Markets** He points out ongoing “reliability challenges” and how capacity prices in regions like PJM and MISO have skyrocketed recently, showing how tight things have gotten. 3. **Resurgence of Gas Alongside Renewables** There’s a notable return to investing in gas projects, both by delaying retirements of older plants and incentivizing new gas builds, as a balance to renewables. 4. **Solar and Battery Storage are Booming, But Face Risks** Solar installations are at record highs, but face more “basis risk, curtailment risk, and darker months.” Batteries are a “key piece” for grid reliability and handling intermittency, but markets can saturate quickly and there are still lots of operational and financing learning curves. 5. **Grid Bottlenecks & Project Development Delays** Huge transmission bottlenecks and permitting slowdowns mean long timelines—some projects wait over five years just to reach commercial operation. This impacts valuations and makes it hard to find shovel-ready assets. 6. **Uncertainties: Tariffs, Policy, and Risk Mitigation** There’s lots of worry about tariff policy (especially “OBPP” and other regulatory changes), and Dr. Ji is keen to see what financial tools (like tax insurance, Safe Harbor, contract provisions) people are using to hedge. 7. **Emergence of Nuclear & Innovation in Power Markets** While the main focus is on gas and renewables, Dr. Ji acknowledges a new buzz around nuclear, mentioning major new deals involving companies like Talon and Microsoft, as well as small modular reactors (SMRs) and even fusion as future possibilities. 8. **Big Need for Transmission & Distribution Upgrades** He references a “huge amount of T&D investment” needed, which is contributing to retail price increases and impacting distributed generation (DG) valuations. 9. **Optimism for the Future, Despite Challenges** Despite all the bottlenecks, risks, and uncertainties, Dr. Ji closes on a positive note, encouraging people to partner and seize the current opportunities in the market. Let me know if you want a deep dive on any of these themes, Eavie!