Market volatility: New York Power Markets
Market volatility: New York Power Markets Today a Bloomberg article titled “Eastern U.S. Power Gains as Warm Weather Drives Use” explained the real time/day ahead price spikes experienced in the Northeast and New England today. Thanks to unseasonably warm temperatures, New England and New York are seeing what will likely be temporary real time price […]
Power Market Update: October 1, 2014
Power Market Update: October 1, 2014 Market Summary Power prices have increased since last week. Winter forward prices (January, February, March 2015) are driving the entire forward strip higher. All other (non-Winter) months are at or near historical lows. News on gas prices is mixed since last week. Natural gas markets are up today after […]
Electricity Purchasing Checklist: Pre, during and post contract
Electricity Purchasing Checklist: Pre, during and post contract “Retail is details.”* That is a true-ism when it comes to buying power and gas in deregulated markets. Last week we talked about the language of energy — and how inscrutable the language of energy can be. This week we transition to the pragmatic and detail-oriented process […]
The Language of Energy
The Language of Energy The New Yorker magazine published an article by John Lanchester in the August 4, 2014 issue called Money Talks: Learning the language of finance. Lanchester writes about how inscrutable (and, in fact, misleading) financial language can be. He describes the frustrating experience in which the people who know the language have […]
5KL: Energy Issues, Energy Entrepreneurship: Transparency and Energy Markets
5KL: Energy Issues, Energy Entrepreneurship: Transparency and Energy Markets Deirdre Lord, Megawatt Hour CEO, spoke at a conference in May called 5KL: Energy Issues, Energy Entrepreneurship. The symposium was convened by The Architectural League and the Columbia University Graduate School of Architecture, Planning and Preservation (GSAPP) under the joint banner of their respective initiatives — […]
Winter is The New Summer
Winter is The New Summer We may be a bit of a broken record on this subject, but it bears repeating. Winter is the New Summer. In what respect? Well, the prices that we saw last Winter in NY resemble prices that we had grown accustomed to paying in this market during the Summer Peak […]
Answering customer questions
Answering customer questions Q: How does The Megawatt Hour compare to a consultant? This is a question that we have fielded from customers a number of times. The fact is that we are not a consultant, although we do provide back office support for procurement consultants. We have customers who are consultants—we work with consultants […]
Just when you thought it was safe….
Just when you thought it was safe…. To get back involved in energy markets… we get this news. There’s a new cold front rolling through the Great Lakes and East Coast which will bring remarkably cold weather– 10-20 degrees below normal. In addition, as this Forbes article describes, international affairs have further contributed to […]
Market Update: June 2014
Market Update: June 2014 Here’s an update on day ahead clearing prices for New York State through May 2014, and a graphic that shows the capacity auction clearing prices for the summer strip. Let’s just say we’re living in interesting times. Day Ahead Clearing Prices The NYISO has published their latest market statistics in their […]
New Program Offers Hospitals Unprecedented Control and Visualization Tools to Cut Through the Complexity of the Electricity Purchasing Process
New Program Offers Hospitals Unprecedented Control and Visualization Tools to Cut Through the Complexity of the Electricity Purchasing Process The Megawatt Hour, a Customer-Focused Online Energy Information Resource, Lowers Cost, Saves Time and Helps Hospitals Make Great Decisions Inspired by Customer Challenges Buying Electricity Supply, Brought to Market by Veterans of Retail Electricity […]