Peak Load Management
June 12, 2018
PJM Capacity Prices Nearly Double In Most Territories
PJM capacity prices nearly or more than doubled in 17 of the 27 locational delivery areas in its latest capacity auction for the 2021/2022 period. Posted in May, the Reliability Pricing Model (RPM) Base Residual Auction (BRA) prices spiked due…
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Procurement & Energy Risk
Blog Post
June 5, 2018
Electricity Market Drivers
Like most other commodity markets, electricity pricing is driven by supply and demand. When demand outpaces supply, prices rise, and vice versa. For example, when power generation and heating needs are competing for natural gas supply during the coldest days…
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Procurement & Energy Risk
June 4, 2018
NJ Electric Invoices to Increase Immediately
On May 23, New Jersey Governor Phil Murphy signed two bills to raise the state’s renewable portfolio standard (RPS) to 50% by 2030 (one of the most ambitious goals in the country), as well as establish a Zero Emissions Certificate…
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Procurement & Energy Risk
Blog Post
May 31, 2018
Electricity Pricing: Property Specific Dynamics
Even if two buildings used the same amount of electricity one month, their bills may be completely different. When attempting to cut energy expenses, property managers may compare their buildings against peers. However, this can be misleading because all electricity…
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Procurement & Energy Risk
Blog Post
May 18, 2018
Managing Energy Risk – Pricing, Volume, and Demand
When companies discuss energy risk management with consultants or brokers, 9 times of out 10 the conversation centers on electricity supply rates (the contract $/kWh) and who’s the lowest bidder. While the overall rates themselves are obviously important, how the…
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Procurement & Energy Risk
Blog Post
May 11, 2018
What Influences Electricity Pricing?
When it comes to electricity pricing, there are many factors to consider. The electricity market is affected by the fundamentals of supply and demand and can be extremely variable – especially in deregulated, competitive markets, where supply and demand have…
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Measurement & Verification
Blog Post
April 24, 2018
IPMVP Options
As energy efficiency is becoming a crucial part of property management, the need for proper savings documentation has never been more important. The International Performance Measurement and Verification (IPMVP) works to standardize this process and lay out the framework for…
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Measurement & Verification
Blog Post
April 19, 2018
What is ASHRAE Guideline 14?
Quantifying the savings of energy efficiency projects is increasingly important as the technology and industry continue to advance, which is why M&V has become the industry standard. To help standardize the calculation processes, ASHRAE developed Guideline 14-2014, Measurement of Energy,…
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Measurement & Verification
Blog Post
April 18, 2018
What is IPMVP?
Whether you have invested in new equipment or just implemented a new energy efficiency operational strategy, it is wise to measure and verify your energy savings. Measurement and Verification (M&V) is the process of planning, measuring, collecting, and analyzing data…
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