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Posts Tagged ‘EIA’
Market Monitor – Natural Gas Volatility Increasing Electricity Prices
- Posted By: Scott Merrell
April 7, 2022 – Over the past few weeks, significant price increases in the natural gas market have driven electricity prices higher as natural gas is the largest cost component contributing to the price of electricity in most US electricity markets. Natural gas prices are higher overall due to the fundamentals of limited supply vs. […]
COVID-19 and Energy: The Critical Need for Expert Advice
- Posted By: Bob Wooten
The goal is to establish the best strategy and energy pricing for your organization. The key to achieving your goal is market timing (as we have learned from addressing earlier mistakes).
Overcoming Misconceptions Regarding the Use of Cooperatives for Energy Procurement
- Posted By: Bob Wooten
Savvy energy procurement specialists often look for other options to augment their energy purchasing arrangements. One such option is the cooperative purchasing contract. But before launching a full-scale plan that revolves around a cooperative, you need to ask, “Can I use a cooperative purchasing contract to procure energy, such as electricity and natural gas?” At […]
Five Costly Energy Buying Mistakes – and How to Avoid Them
- Posted By: Bob Wooten
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 […]
Market Monitor – February Gas Contract Will Impact Customer Costs In Variable Agreements
- Posted By: Scott Merrell
January 28, 2022 – The February 2022 NYMEX natural gas contract saw record levels of volatility that will have a direct impact on costs for customers in variable agreements. In the minutes before the market closed, when the price for February gas was to be permanently set, prices increased more than 50% in just 13 […]
