Procurement & Energy Risk
Blog Post
June 3, 2019
Ohio House Approves Bill That Removes Renewable Energy Requirements, Provides Funding for Nuclear and Coal Generation
As many states, cities, and municipalities are pushing towards the use of 100% renewable energy and carbon emissions-free generation, Ohio passed a bill this week that would accomplish the opposite. It will be one of the first states to push…
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Energy Efficiency
Blog Post
April 29, 2019
PACE Financing Program to Help Property Owners Pay for Complying with the New GHG Emissions Cap on NYC Buildings
On Thursday, 4/18/2019, New York City Council approved the Intro. 1253-C bill, an annual cap on greenhouse gas emissions for buildings 25,000 square feet and larger in the city. Starting in 2024, buildings will need to comply with the newly…
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Procurement & Energy Risk
Blog Post
April 24, 2019
New Jersey Adopts Zero Emission Credits to Keep Nuclear Reactors Online
In 2018, New Jersey Gov. Phil Murphy signed a bill that increased the state’s renewable portfolio standard (RPS) to 50% by 2030 and 100% clean energy by 2050. This bill also included 2,000 MW of energy storage and increases to…
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Energy Efficiency
Blog Post
April 18, 2019
BREAKING: New York City Council Passes First of Its Kind GHG Emissions Cap for Buildings – Local Law 97
New York City Council on Thursday voted to approve Intro. 1253-C (which would later become Local Law 97), an annual cap on greenhouse gas emissions for buildings in the city. On May 18th, Intro 1253 was passed into law as…
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Energy Efficiency
Blog Post
April 15, 2019
Maryland’s New Clean Energy Bill Is Not That Clean
As one of the early adopters of the renewable portfolio standing (RPS), Maryland has always been on the forefront of encouraging clean energy. Similar to Washington D.C. and New York, the state approved a bill March 8th that would require…
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Utilities Expense & Data Management
Blog Post
April 1, 2019
Energy Sales Tax Exemption Discontinued in New York State FY2020 Budget
Congestion pricing, mansion tax, and a ban on plastic bags – but what isn’t making headline news is the discontinuation of the sales tax exemption on non-residential transmission and distribution of gas and electricity when customers buy from an ESCO. …
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Procurement & Energy Risk
Blog Post
March 13, 2019
How Pennsylvania’s Nuclear Subsidy Would Affect Customers and Utilities
Pennsylvania, as the second largest nuclear-power-producing state, is looking for legislative help to keep its five nuclear power plants operational for the upcoming years. Neighboring states such as New Jersey and New York, along with Illinois and Connecticut, have already…
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Procurement & Energy Risk
Blog Post
February 20, 2019
What’s in a supply price? Explaining PJM pricing components
There are currently ten Regional Transmission Organizations (RTO) in the United States which coordinate, control, and monitor multi-state electric grids. The PJM RTO covers Delaware, Illinois, Maryland, Michigan, New Jersey, Ohio, Pennsylvania, and the District of Columbia. Within an RTO,…
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Procurement & Energy Risk
Blog Post
February 13, 2019
How the Green New Deal Would Change the Energy Industry
In 2016, nearly 200 countries voluntarily signed the Paris Agreement to pledge carbon emissions reductions to keep the global average temperature increase below 2° C above pre-industrial levels. Former President Barack Obama pledged to reduce US emissions around 27% below…
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