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Most purchasing professionals are at least somewhat familiar with the energy procurement process. And if you read this blog regularly, you probably know a little about energy procurement techniques such as monitoring the market and shopping around for the supplier offering the best prices and most favorable terms. But what happens after the contract is […]
This presentation discusses how organizations in Florida and Georgia can maximize natural gas procurement opportunities and reduce costs by switching to third-party supply.
This presentation discusses what signs to look for in the UK and European electricity and natural gas markets to better time procurement events, which can help reduce costs and minimise risks for your organisation.
On July 31st, the Massachusetts House overwhelmingly approved Bill 4857, An Act to Advance Clean Energy, with the Governor likely to sign the bill, making some alterations and additions to the current Renewable Portfolio Standards.
This presentation on Energy Risk Management outlines the process of pinpointing, evaluating, and prioritising risks associated with uncertainty in the energy markets. UK and EU-based companies viewing this webinar will learn how to develop customised strategies to manage and mitigate risks for their unique organisations.
This quick presentation dives into all of the issues and upcoming opportunities that will affect future electricity and natural gas prices for ERCOT-based energy users. Topics such as potential rolling summer blackouts, coal plant retirements, electricity grid and natural gas pipeline infrastructure developments, and renewable energy are all factors that will be discussed.
On May 23, New Jersey Governor Phil Murphy signed into law the Act Concerning Clean Energy (the act), Assembly Bill A-3723, establishing new clean energy and energy efficiency programs and modifying New Jersey’s renewable energy portfolio standards (RPS). The act, which is effective immediately, directs the Board of Public Utilities (Board) to (i) increase the current RPS requirements; […]
This quick presentation discusses the issues and upcoming electricity & natural gas procurement opportunities for Ohio school purchasing professions due to a rapidly changing Ohio energy market landscape.
On May 23, the PJM Interconnection’s 2021/2022 Base Residual Auction results were released. The clearing price for the baseline “Rest of RTO” and many other zones increased significantly with the Rest of RTO price surging ~83% to $141/MW-day. ATSI saw the largest increase in capacity prices, rising over 100% to $158/MW-day. BGE saw an 87% increase […]
Though often overlooked and potentially having a large financial impact, energy supply agreements are frequently secured without considering how long an asset will be owned. Issues such are assignment, early termination or jeopardizing a sale should be addressed. This short presentation discusses these issues and how best in class procurement strategies take the holding period into account.
