Currently, more than 15 states have deregulated their electricity markets. Natural gas is deregulated in nearly all states. And while deregulation has created opportunities for savings and reduced electricity costs, it has also created conflicts between those who procure energy and those who manage it.
In the world of finance and procurement, some of the preferred buzzwords include “conservative,” “stable,” and “predictable.” Because of the need to keep operational costs […]
As anyone in procurement can tell you, electricity is the most volatile commodity you will ever buy. One day, energy prices increase. The next day, […]
When was the last time you evaluated your energy risk management strategy to see if it was meeting your organization’s original expectations? If it was […]
One of the non-commodity components of U.K. electricity bills is set to increase in the coming months. The Feed-in Tariff or FiT charge relates to funding for renewable energy sources across the country and those…
Connecticut is joining New York, Rhode Island, and Massachusetts in welcoming offshore wind projects to increase their renewable energy production. The Constitution Wind Project, one of many offshore wind projects proposed to the state, would supply…
Several coal- and natural gas-fired power plants are shutting down in Texas within the next year. This is expected to drop ERCOT’s reserve margin below their target threshold, which board members are expecting will strengthen…
While the cost of natural gas and other generation fuels have decreased in the past few years, the overall retail price of electricity has remained relatively flat. This is due to the rising costs associated…
With solar energy capacity growing around the country, the solar eclipse today presents a unique situation for the US. As the moon blocks out the sun across California, North Carolina, Utah, and other solar-heavy states,…
Record levels of solar and wind generation in the last year along with low seasonal demand for nuclear energy led renewable energy generation to exceed nuclear generation for the first time in over 30 years. …
A perfect storm is brewing in New England and California The Aliso Canyon natural gas leak, unexpected lower generation capacity, and warmer than anticipated weather could threaten reliability and strain electricity grids. One way to…