Procurement & Energy Risk
Blog Post
October 28, 2019
Carbon Pricing to Facilitate NYISO’s Clean Energy Transition
A recent study by the Analysis Group found that implementing a carbon pricing model is the most effective and powerful way to combat global warming and reduce air pollution. Back in June of this year, New York Governor Andrew Cuomo…
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Procurement & Energy Risk
September 19, 2019
Does the Atlantic Hurricane Season Affect the Energy Market?
Hurricanes have caused billions of dollars of damage to the Gulf and Atlantic coasts over the years – impacting housing, causing week-long power outages, and damaging roads and highways. Additionally, hurricanes pose a threat to our energy infrastructure, causing fluctuations…
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Peak Load Management
Blog Post
August 15, 2019
Peak Loads Anticipated – What Does A Weekend Peak Hour Potentially Mean for Commercial Accounts?
Though mild thus far this week, temperatures in NYC are expected to climb into the high 80s / low 90s next Monday and Tuesday. Current load forecasts place anticipated grid load at about 96-97% of the current peak to date. …
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Procurement & Energy Risk
July 25, 2019
1,700 MW of Offshore Wind Capacity Approved for Construction
Last Thursday, 7/18, New York’s Governor Cuomo announced two new offshore wind deals totaling 1,700 MW of renewable energy capacity, the largest renewables procurement in the country’s history. This is part of the Climate Leadership and Community Protection Act, the…
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Benchmarking & Sustainability Reporting
Blog Post
July 18, 2019
EPA Releases Updated ENERGY STAR Score Model for U.S. Office Properties
In August 2018, the EPA updated the ENERGY STAR score model using recent market data to account for changes in market trends and performance. The data collected indicated that energy use and business practices in U.S. commercial buildings have changed…
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Peak Load Management
Blog Post
July 17, 2019
NYC Warned of Another Potential Blackout for This Upcoming Weekend
Preliminary results from Con Ed’s investigation of Saturday’s power outage was likely due to a failed relay protection system that left over 70,000 customers on Manhattan’s west side without power. Electricity was lost from 5 Avenue to the Hudson River,…
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Benchmarking & Sustainability Reporting
Blog Post
July 15, 2019
Top 6 Sustainability Trends of 2019
With growing environmental awareness, hundreds of corporations and small businesses are setting their own sustainability goals. Investors are going green and incorporating sustainability principles when making business decisions. Many are adopting their own projects to make their buildings environmentally responsible and…
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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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