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Posts Tagged ‘Brent’

Negotiating Energy Supply Agreements in a Volatile Market – 5 Keys to Success

Electricity and natural gas markets are evolving rapidly—driven by geopolitical uncertainty, supply chain constraints, extreme weather, and the growing role of renewables. These factors are reshaping supply costs and risk exposure, making it more important than ever to secure favorable contract terms. Even experienced procurement professionals can find energy contract negotiations challenging in today’s environment, […]

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[Market Monitor] 2024 Connecticut Delivery Rate Increases

August 15, 2024 EV Program Costs Drive CT Delivery Rates Even Higher Just over a month after the Connecticut regulators approved the large delivery cost increases detailed below they have authorized additional increases in delivery rates for both major utilities in the state. This time the increases are more modest at ~$0.004/ kWh (or about […]

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[Market Monitor] PJM Capacity Market Costs Skyrocket

July 31, 2024 What’s Happening? The PJM Capacity auction conducted earlier this month cleared at the highest values ever, amounting to a total capacity market cost of over $15B, a nearly 10-fold increase. The auction, covering June 2025 to May 2026, has been influenced by new rules. These rules, particularly those governing the treatment of […]

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[Market Monitor] Nuclear Costs & Bad Debt Drive CT Delivery Rates Higher

July 15, 2024 What’s Happening? Each year, the utilities in Connecticut file a Rate Adjustment Mechanism (RAM) request with the state regulator (CT PURA) to account for adjustments to costs that are unrelated to their system’s operations or energy supply. The docket for the Eversource/CLP 2024 process is 2024-01-03, while the UI docket is 2024-01-04. […]

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[Market Monitor] ERCOT Power Prices Rise Despite Falling Natural Gas Prices

February 21, 2024 – What is happening? Starting about a decade ago, the U.S., including Texas, began moving toward a greener electric generation environment promoted by government policy, including financial incentives for building renewable generation.  The consequence was that coal plants were shuttered, and there was no investment in dispatchable generation, with all the investment […]

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