An understanding of the status of NY Energy Markets (both energy and capacity) is essential to managing energy costs. Both short term and longer-term power prices impact customers, as do capacity markets. Why focus on power and capacity? Electricity supply is comprised of a range of components. Two specific components, power and capacity, comprise 70% […]
Forward Curves: Why they matter to energy cost managers Updated: September 27, 2019 Forward curves and the insight they can provide should be an essential decision making tool to any energy manager. Unfortunately, due to the opacity of energy markets and the energy industry, decision makers rarely have access to their own set of pricing and […]
Energy in 2019: what commercial industrial customers need to know At the end of 2018, we published an article highlighting the major energy trends for the past year. We are already tracking interesting developments for 2019 that may impact commercial industrial customers (so-called C&I customers). Below, we review our observations about the year ahead and […]
Access to your own energy cost model makes a huge difference to businesses today. With this information, you can more accurately plan and manage your budgets and costs. Without it, you’re flying blind. You need access to a forecast of supply and delivery costs to plan and manage your business. Don’t settle for less. In this post, we […]
At the end of last week, we gave you an idea of the impact of recent price volatility on forward prices in our article titled “Volatility Returns to Energy Markets: How will it impact you?” We promised to let you know how index energy markets, or day-ahead markets, had responded to the cold weather and increased market volatility. […]
It is newsworthy that gas and power markets were up over 7% last week. This increase in forward curves follows months of low cost power and gas markets. As of Friday afternoon, there was some relief thanks to a modest price decline for the Winter 2018 months. To put this in context, we have been […]
We have received questions from clients about what to expect from power and gas prices this winter. Good question. Why do we care about winter energy prices? Because natural gas and power prices peak in winter, at least in the Northeast. Remember the Polar Vortex? Some energy buyers watched their energy budgets get swallowed up […]
As we just posted last week in an article titled Fact or Fiction: There is no difference between suppliers, there can be significant differences between suppliers that will result in meaningful price differences when you get quotes from various suppliers. There can be a whole range of reasons for those differences, like: Supplier risk appetite […]
All electricity supply prices are the same, right? All suppliers serving a given region should price the same way, get their wholesale power the same way and will give me basically the same price, correct? The only difference I should see, as a buyer, is the difference in the supplier’s margin, or fee, right? And […]
Energy cost management implications of higher temperatures For the second consecutive Winter, most of the US has experienced warmer-than-normal temperatures. According to a Financial Times article titled “Warm US winter leaves natural gas market with excess supplies” …this heating season has been running 3 per cent warmer than last year, weighted for population, according to the US […]