Procurement & Energy Risk
January 21, 2021
Energy Pricing in 2021 – How to Effectively Manage Risk
How did the pandemic impact energy demand? The closures of office buildings, stores and factories put a definite kibosh on commercial and industrial energy use and demand last year. The International Energy Agency (IEA) noted that it was the biggest…
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Utilities Expense & Data Management
January 21, 2021
Utility Expenses: 5 Things to Look Out for This Year
[sc_fs_faq html="true" headline="h2" img="" question="What impacts utility expenses?" img_alt="" css_class=""] COVID isn’t the only thing that’s affecting utility expenses this year. Temperature, weather events, and operational inefficiencies in your building are all culprits as well. [/sc_fs_faq] [sc_fs_faq html="true" headline="h2" img=""…
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Benchmarking & Sustainability Reporting
January 5, 2021
Corporate Sustainability Reporting: Trends and Tips for 2021
What is sustainability reporting? Sustainability reporting is when companies, corporations, manufacturing plants, and farming operations report on their energy usage and emissions. Is sustainability reporting mandatory? That depends what country, state, or city your company resides in. A few of…
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Benchmarking & Sustainability Reporting
December 14, 2020
ENERGY STAR Score Explained: What It Means and How to Improve It
What does the ENERGY STAR score mean? The ENERGY STAR score provides a comprehensive snapshot of your building’s energy performance. It assesses the building’s physical assets, operations, and occupant behavior. Your ENERGY STAR score is on a scale of 1…
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Measurement & Verification
December 4, 2020
Utilizing Degree Days to Measure and Verify Efficiency Projects
Imagine you’ve decided to step up your company’s sustainability game in 2021. You’ve aligned your building(s) with ENERGY STAR guidelines and/or LEED and implemented sustainability measures across your organization. Now, you’re all set to report your new and improved energy…
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Utilities Expense & Data Management
November 24, 2020
Commercial Real Estate Energy Consumption Trends in 2020
How did the pandemic impact power consumption? The first outbreak of COVID-19 earlier in 2020 was the beginning of a major shift in commercial real estate energy consumption. On a national level, power consumption dropped 4% compared to last year.…
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Benchmarking & Sustainability Reporting
November 19, 2020
Peer Comparison in Energy Management – The Key to Success
What is peer comparison?" The process of comparing how one group, categorized by an individual or set of determinants, is performing against another group, is known as peer comparison or benchmarking. When used in terms of energy use, peer comparison…
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Procurement & Energy Risk
October 28, 2020
The Top 10 Energy Market Trends to Watch in 2021
What factors are effecting energy demand? Pandemic control measures, speed/amount of economic recovery, effects of government stimulus plans, shifts in travel and trade, changes in U.S. energy imports/exports, production trends for oil and natural gas, and fuel prices. Is global…
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Procurement & Energy Risk
October 22, 2020
New York Public Service Commission Expands Clean Energy Standard; Creates NYC-Specific Renewable Energy Program
In 2019, New York State passed the Climate Leadership and Community Protections Act (CLCPA) as the framework required for lowering the state’s carbon emissions. The act outlines several different clean energy targets: By 2025, over 6,000 MW of solar to…
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