Procurement & Energy Risk
Blog Post
January 3, 2018
Power Price Volatility Returns
Unless you’re reading this on a beach in the Caribbean, you know we’ve experienced brutal cold weather over the past week across a majority of the US (with the worst yet to come for the east coast). In all 50…
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Procurement & Energy Risk
Blog Post
December 20, 2017
Indian Point Closure: No Effect* on Grid Reliability
Last week, a report from NY’s grid operator announced there will not be any reliability concerns when Indian Point is deactivated in 2020 and 2021, assuming the inclusion of three major generation facilities currently under construction (1.8 GW, or 1800…
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Peak Load Management
Blog Post
December 6, 2017
NY Takes Steps to Increase Energy Storage Deployment
Last week, New York joined California, Massachusetts, and Oregon in the quest to deploy more energy storage through legislative action. NY signed into law bill A.6571, requiring the Public Service Commission to implement a new energy storage deployment program “to…
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Procurement & Energy Risk
December 4, 2017
Understanding the Green Power Market
The green power market is made up of all renewable electricity voluntarily purchased by retail electricity customers through renewable energy certificates (RECs). In 2018, about 6.3 million customers procured about 134 million MWh of renewable energy through green power markets.…
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Utilities Expense & Data Management
November 27, 2017
Stop Using Excel – WSJ Reports CFOs Tell Staff to Focus on Insights, Not Administrative Tasks
Last week, the Wall Street Journal reported that CFOs are directing finance staff to reduce how much their teams use Excel for planning, analysis, and reporting. Adobe Inc’s CFO Mark Garrett said “I don’t want financial planning people spending their…
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Utilities Expense & Data Management
November 17, 2017
Why The Utility Industry Should Embrace Energy Efficiency
The electric power and utility industry is experiencing a period of transformation due to disruptions to the market. As innovation increases, consumer demand changes, and regulatory pressure heightens, utilities face challenges. They now must fill a demand gap between energy…
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Peak Load Management
October 25, 2017
$1 Billion in Electric Transmission Projects Approved by PJM; What’s the Impact on Network Integration Service (NITS) Rates?
Last week, PJM’s Board of Managers approved $1 billion in transmission projects for some of the various utilities in the territory, including PSEG, PECO, and ComEd. Guess who gets to pay for the projects? (hint: it’s you, if you’re in…
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Utilities Expense & Data Management
October 17, 2017
Reverse Demand Response?
When the electricity grid is peaking, demand response programs compensate you to curtail your energy demand. But what do utilities do when growth of electricity use has flattened, renewable energy generation continues to grow, and there’s excess renewable generation available…
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Procurement & Energy Risk
September 26, 2017
Is the Reliability, Resiliency, and Affordability of our Electricity System in Jeopardy?
Electricity is crucial to modern society and economic activity. According to the DOE’s Quadrennial Energy Review, the electricity grid and electricity industry drives $18.6 trillion US gross domestic product and significantly influences global economic activity totaling $80 trillion. With extreme…
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