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As extreme weather events and grid outages continue to increase in frequency, it is becoming clear that industry stakeholders must take more control of their electric load to create the business continuity that we have grown to expect in a modern society. One of the most prevalent topics in the energy market today is resiliency …
Commercial
PJM’s Reliability Pricing Model (RPM) is designed to enable PJM to obtain sufficient resources to reliably meet the needs of electric consumers within their footprint. Savvy energy professionals can optimize outcomes in the RPM capacity market to earn incremental revenue or realize savings. This article provides insights on extracting optimal value from PJM’s RPM for …
Commercial
Improved energy efficiency is the ‘holy grail’ of effective energy sustainability. Efficiency serves two very important goals: Reduced carbon footprint through reduced consumption Long-term cost structure reduction Organizations such as American Council for an Energy Efficient Economy (ACEEE) estimate an untapped energy savings potential of as much as 30% of usage. Although very few organizations …
Commercial
Previous issues of Customer Insights provided a transmission service overview, explaining how transmission is regionally administered and affects customer bills, as well as tips on transmission service cost management. In this issue of Customer Insights, we will dive a little deeper into what factors drive transmission cost. How transmission costs are billed Most energy buyers …
Commercial
With the swearing in of a new federal administration and the change in the congressional make up, our thoughts naturally turn to what that might mean as far as new rules, initiatives and regulations that might affect us here in the energy space (and in particular how these things might impact our customers). In this …
Commercial
After a year of unprecedented events, the start of 2021 gives us a chance to check in on trends in the energy markets. Last year saw significant shifts in load, dips and spikes in natural gas prices, all-time low spot prices in the PJM power market, and an accelerating shift in the electricity generation mix. …
Commercial
Across the country and across all sectors of the economy, more and more organizations are joining the renewable energy movement. As we discussed in last month’s Customer Insights, there are many avenues to accessing renewable energy. In this edition we explore virtual power purchase agreements (vPPAs), which are scalable structures that unlock many possibilities for …
Commercial
We are currently experiencing a period of dramatic growth in renewable energy. The U.S. Energy Information Administration (EIA) estimates that from 2019 to 2021 the share of total U.S. electricity coming from renewable energy will grow from 17% to 22%. The biggest reason for the surge in renewable development is cost (see our recent Customer …
Commercial
If you’re an energy buyer for a facility located in PJM, you’ve likely heard the term “MOPR” a time or two. In this edition of Customer Insights we’ll explain the meaning of MOPR and how PJM’s pending capacity market could impact your business. First, let’s begin with a brief history. In June 2018, the Federal …
