What to ask for in an indexed price
What to ask for in an indexed price What to look for in an index product… how not to get taken The Megawatt Hour recently analyzed index pricing and billing for a client who is on an index rate from a local ESCO. It is difficult to know what you’re paying on an index rate, […]
Energy News: Heat Wave Prices, Value of Renewables & 3 Trends
Energy News: Heat Wave Prices, Value of Renewables & 3 Trends Today’s energy news covers 3 major areas of interest: first, we report on the impact of this week’s east coast heat wave on day-ahead, real time and forward energy prices; second, Greentech Media reported on a new Carnegie Mellon study that explores the value […]
News: CICU Collaborates with The Megawatt Hour on Innovative Energy Program
News: CICU Collaborates with The Megawatt Hour on Innovative Energy Program News Date: 07/11/2013 The Megawatt Hour, the New York-based energy information platform, has signed an agreement with the Albany, New York-based Commission on Independent Colleges and Universities (cIcu), which represents more than 100 independent colleges and universities in New York State. The agreement launches […]
Energy Markets & Recent Pricing
Energy Markets & Recent Pricing What’s Happening with Power Markets Now? June saw a steady decline in forward electricity prices (see 12 month strip, August 2013-July 2014, below). While this is slightly a-typical, now is not a bad time to consider making an electricity purchase even if your contract is not up for renewal quite […]
Energy Market News: May 24, 2013
Energy Market News: May 24, 2013 Summary of Energy News Headlines Energy news from The Megawatt Hour today focuses on: Hurricane forecast for this summer and why it matters (need we explain?), from NOAA; Coal regains some electric generation market share from natural gas, why it matters to you; a little bit of fun this […]
Energy Market News: May 17, 2013
Energy Market News: May 17, 2013 Summary of Energy News Headlines Energy news from The Megawatt Hour today focuses on: natural gas markets (and their impact on forward energy prices); more data and analytics on capacity markets, including a video explanation of capacity markets from The Megawatt Hour’s Bob Bright; an article about concerns raised […]
Forward market prices: Spring dip?
Forward market prices: Spring dip? There is a conventional wisdom among energy suppliers, consultants and brokers that there is a “Spring dip” in market prices. We haven’t really seen it so far this year. (Why not? Good question. Perhaps it is because we have had colder weather persisting late into the Spring. Perhaps it is […]
NY Capacity Costs: An Update
NY Capacity Costs: An Update We promised to update you on the status of capacity markets after the monthly auction. There have now been a monthly and spot auction for capacity– for the month of May. The monthly May auction, conducted in mid-April, resulted in no relief on capacity prices. The spot auction for May, […]
Forward Markets: Year-over-year
Forward Markets: Year-over-year There’s good news and bad news as you contemplate your next 12 months of electricity costs. The bad news first. Compared to a year ago, and to January 2013, markets are up. Look at the graph to the left. This graph shows how the same wholesale strip of power costs, for the […]
How effective are reverse auctions?
How effective are reverse auctions? Lately, we have received a lot of questions about the effectiveness of energy auctions (reverse auctions). An energy auction, or reverse auction, is a service that is run by an online auction platform, of which there are several. The auction platform posts information about a customer’s electricity or gas supply […]