Energy managers are experiencing an urgent need to negotiate energy contracts to meet their new and quickly evolving needs. This webinar addresses one of the most critical aspects of energy procurement.
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) […]
View this webinar to learn about the cost-saving strategies that our clients are currently implementing, and the opportunities all energy users are experiencing due to the coronavirus and its impact on the energy markets.
For years, renewable energy options have existed under a stigma: It sure would be a nice thing to do, but the up-front setup cost is just too high. When looking at these “nice” solutions like solar power, companies often consider the notion of “grid parity,” too. Is the cost of renewable energy on par with […]
Reduced drilling activity and capital expenditures (CAPEX) cuts by oil and natural gas producers present a strong risk of higher natural gas and, subsequently, electricity prices in the coming years. In 2020, mild winter weather and record natural gas production levels have dragged natural gas prices to 25-year lows. Also, oil prices have collapsed to […]
In this webinar, Tradition’s market experts outline the most critical questions about how COVID-19 is impacting energy budgets, and issues all energy users are facing.
In May 2019, the New York City Council enacted ambitious climate legislation to help the city achieve its goal of reducing carbon emissions 40% by 2030 and 80% by 2050. Included in this package was Local Law 97, which aims to decrease greenhouse gas (GHG) emissions and increase energy efficiency for buildings in NYC. It […]
ERCOT projects reserve margins to be 10-18% over the next five years with the improvement between Summer 2020 and Summer 2021 primarily attributed to the near 5,000 MW of solar capacity and 700 MW of new wind capacity expected to come online.
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.