Utilities Expense & Data Management
Blog Post
February 21, 2018
Heating and Cooling Degree Days: What are they and Why do they matter?
While it is reasonable to assume that buildings will demand more energy in extreme weather conditions, it is often difficult to tell just how much this will affect overall energy consumption and costs. Heating and cooling degree days are used…
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Benchmarking & Sustainability Reporting
February 20, 2018
GRESB Reporting Updates for 2018
Just last week, Global Real Estate Sustainability Benchmark (GRESB) pre-released their 2018 GRESB Real Estate Assessment in preparation for the approaching assessment reporting period of April 1st through July 1st, 2018. The pre-release brings news of changes to the reporting…
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Utilities Expense & Data Management
Blog Post
January 24, 2018
The Smart Grid and Demand Response Programs
Most consumers of energy are familiar with the grid, which brings you the electricity you need from power plants through transmission lines. Built in the late nineteenth century, our original electric grid consists of 300,000 miles of transmission lines with…
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Utilities Expense & Data Management
Blog Post
January 9, 2018
Regulated vs. Deregulated Electricity Markets
Traditionally, regulated electricity markets existed across the United States, restricting customer choice. It wasn’t until the 1970’s that the idea of deregulation came into play, with the passage of the Public Utilities Regulatory Policies Act. This act began an age…
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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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