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Welcome to Part Four of a five-part series exploring the best practices for engaging the services of an energy advisory firm. So far, we discussed the importance of evaluating the experience (Part One), the full suite of services (Part Two), and the wholesale market expertise of a potential energy advisor (Part Three). In this installment, […]
For those of you playing along at home, we are now on the third installment in our five-part series on the key aspects involved in hiring an energy advisor. The genesis of this series has been in response to the trend we see in the industry toward more and more organizations (both public and private) […]
Many electricity markets follow natural gas markets as the majority of the generation is fueled by natural gas, and those gas generators set the price of power as often as 80% of the time. However, as energy markets evolve, this historically tight correlation has broken in some regions, namely ERCOT.
Over the past year, the news has been full of stories about the rapidly declining prices of oil and natural gas. This trend has been a boon for consumers, who are happy to be filling gas tanks and paying utility bills without breaking their budgets. But there’s a flip side to this low price environment: […]
In our previous installment, we started a five-part series with advice for the energy buyer when engaging an energy advisory firm to assist with the procurement and management of energy supply. We highlighted the five key factors to consider: Experience Full-Service Solutions Wholesale Market Expertise Strategic Approach Independent Status We initially discussed how important “experience” […]
In this webinar, we discuss the mistakes most energy procurement professionals make, why they happen, and how to fix them.
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 low as possible, energy procurement presents a unique set of challenges to businesses that use a lot of energy. To begin with, energy commodities are volatile – and electricity […]
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 […]
Energy Prices Are Moving Up – Now What? The year 2012 brought us incredible ten-year lows in both electricity and natural gas prices. Drilling advancements such as hydraulic fracturing (or “fracking”) made it possible to access deeply buried oil and gas resources in previously inaccessible shale formations, creating a glut of natural gas on the […]
“Outsourcing” as we know it today traces its modern roots back to the business climate of the 1970s and 80s. It was around this time that many organizations turned to outsourcing as a way to remain competitive in a global economy. During this time, the mindset was that in order to compete, organizations must focus […]
