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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 …

Basic Hedging Strategies – Best Practices You Should Know

Commercial

How much of my future energy requirements should I hedge forward? When is the right time to make these hedges? Which product structures should I employ to best manage my energy costs and risks? All energy buyers face these questions when developing and implementing the strategies to meet their organizations’ energy purchasing objectives: long-term cost …

Integrated Renewable Energy – A Simpler Renewable Solution

Commercial

Organizations across the globe are looking to integrate clean energy commitments as part of their business plans. Whether it’s driven by expressed interest from shareholders and tax payers, concerns around environmental impact or a desire to keep up with the competition, organizations find the need for renewable and sustainability goals greater than ever before. Last …

The Evolving Electricity Generation Mix

Commercial

As we navigate uncertain times in our economy, we become more aware of the importance of basic needs, like electricity. Times of uncertainty can shine a spotlight on the concerns and priorities that will drive future planning decisions for businesses and for our electric grid. Resiliency, reliability and cost effectiveness guide the planning of electricity …

Levelized Cost of Energy: How Can This Benefit You?

Commercial

As an energy buyer, you have choices when it comes to how you interact with the energy market. Understanding the fundamental risks and trends in energy generation can help you gauge risk and position your approach in a way that’s best for your organization, however often that’s easier said than done.   In today’s rapidly …

An Integrated, Holistic Approach Addresses New Needs For Customers

Commercial

Integrated energy services solutions are poised to address emerging commercial and industrial customer needs by evaluating and assessing opportunities in different domains through a total energy management approach. Today, many commercial and industrial facilities, as well as energy and sustainability managers, face a variety of new energy and sustainability management options and demands. The variety …

PJM and MISO: What You Should Know

Commercial

The energy industry is evolving and complicated. As traditional coal-fired generation retires and new renewable energy takes its place, market administrators of wholesale power and grid operators must rethink methodologies to ensure reliability. The Midcontinent Independent System Operator (MISO) and PJM Interconnection (PJM), are both operators of regional transmission systems and provide access to wholesale …

Energy Storage: What’s the latest update?

Commercial

Many businesses today are turning to solar energy to power their facilities. Renewable energy is clean and good for the environment, but what happens when the sun isn’t shining? One solution is pairing your renewable energy asset with a battery energy storage system (BESS). Energy storage is a versatile tool that can meet your energy …

Natural Gas: What’s in Store for the Remainder of 2019 and Beyond

Commercial

If you’re in charge of purchasing power for your business, you know how important it is to stay on top of energy trends. In this edition of Customer Insights, we’ll look at the specific demand drivers of natural gas and how these may impact natural gas prices this upcoming winter and beyond. There are several …