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Why Should Organizations Establish an Energy Efficiency Program Management Framework?

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 …

The Future of Transmission Costs and How it Impacts Your Organization

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 …

2021 Policy Landscape: Thoughts on Potential Changes, Trends and Impacts

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 …

2021 Energy Market Reset

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. …

Renewable Energy Buying Trends: Virtual Power Purchase Agreements

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 …

The Renewable Energy Landscape

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 …

PJM’s Capacity Market: What Is MOPR?

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 …

Combined Heat and Power: What It Is and How Your Organization Could Benefit

Commercial

Today, businesses are looking for ways to reduce energy usage and utilize technology to produce energy in a sustainable manner. In this edition of Customer Insights, we’ll explore combined heat and power (CHP). Our subject matter expert, Juan Alvarez, Business Development Director for AEP OnSite Partners, will explain this concept, how this process works and …

FERC Approves PJM Reserve Pricing Reforms

Commercial

The Federal Energy Regulatory Commission (FERC) approved sweeping changes to PJM’s reserve products on May 21, 2020 in a filing called “Enhanced Price Formation in Reserve Markets of PJM Interconnection.” In this edition of Customer Insights, we’ll discuss key changes to the reserve products, plus the cost implications to reserves, energy and capacity. PJM is a dispatch operator …