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Archive for the ‘Electricity Supply’ Category

Five Costly Energy Buying Mistakes – and How to Avoid Them

Energy decision-makers wear a lot of hats – and their job descriptions are all over the map:  purchasing agents, property managers, CFOs, operations directors or presidents.   The point is, it’s rare to find a person who specializes in “energy procurement” alone.  For most of these people, “commodity procurement” or “energy management” is only a small […]

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Energy Procurement Mistakes You Didn’t Realize You Were Making (and How to Avoid Them): #3 – Lack of a Proper Procurement Strategy

Energy procurement requires a significantly different process than the procurement of most other goods and services. If you’ve been your organization’s procurement officer for any length of time, this is likely not the first time you’ve heard that. This series on the “Top Energy Procurement Mistakes” seeks to explain why this process is such a different beast.

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Market Monitor – PG&E files Notice of Intention to declare Bankruptcy

January 14, 2019: Pacific Gas and Electric, California’s largest investor-owned utility, filed an official 15-day notice that it intends to file petitions to reorganize under Chapter 11 of the U.S. Bankruptcy Code on or about January 29th. A bankruptcy filing by PG&E will have a limited impact on our customers as the utility will likely […]

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Energy Procurement Mistakes You Didn’t Realize You Were Making (& how to avoid them): #2 Missing the Most Competitive Rates

Energy Procurement Mistake No. 2: Missing the Most Competitive Rates We’ve all experienced it: that moment we realize we paid more than we should have. We thought we did our research and negotiated well, but it turned out that someone else got a better deal. If you’ve been getting bids on electricity supply for years, […]

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ERCOT reserve margins likely to dip below target: IMM

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 power prices in the coming years. Recently announced planned retirements of 4,500 MW of generation capacity in the Electric Reliability […]

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