Archive for the ‘Purchasing’ Category

The Unconventional Guide to Energy Budgeting 1

Apr 11

Last week we ran an online introduction to energy budgeting called Energy Budget Planning: 3 Insights Every Manager Should Have. During the 30 minute course, we discussed the key challenges that all managers face when planning their energy budgets. Issues like: time constraints, lack of access to data, management expectations. In addition, we described the importance […]

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The Energy cost model: how does it help businesses plan, manage energy? 1

Feb 2

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 […]

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November Market Update: Energy Cost Management 1

Nov 13

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 […]

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Knowledge and power in under an hour 1

Nov 1

That’s the tag line that my 8 year old gave to our new on-line information service, The MWh University. It’s catchy and it is the goal of our series of courses. Short, sweet, and straight forward just the way it should be. Who? The MWh University is designed for energy managers and financial decision makers […]

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Energy cost management: Supplier differences-product offerings 1

Oct 20

What impact could supplier product offerings have on you, the commercial and industrial buyer? Why should you care about the range and general structure of products offered by your supplier, if you have already received a price you like? We believe there are good reasons to pay attention to the entire range of supplier products, […]

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Market Update: Day Ahead and Forward Pricing 1

Aug 2

Energy prices determine as much as 40-60% of the price you pay for electricity. No matter whether your business strategy is to fix all of your costs or maintain some exposure to index prices (day-ahead, usually), knowing historical and forecasted pricing should be important to you. The only way to forecast index pricing is to […]

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Fact or Fiction: There is no difference between supplier prices 1

Jun 28

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 […]

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The latest energy news

News: Battery Storage Progress for Energy Cost Management, Resilience 1

Jan 31

Utility-scale battery storage is taking a big step forward this week according to a Bloomberg article titled “Tesla’s Battery Revolution Just Reached Critical Mass: Three new plants in California show how lithium-ion storage is ready to power the grid.” The promise of battery storage extends beyond utility-scale programs to large commercial & industrial clients as well. […]

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Report: Corporate Clean Energy Procurement Index 1

Jan 18

New Report ranks States based on a Company’s ability to procure renewable energy Clean Edge, the Retail Industry Leaders Association (RILA), and The Information Technology Industry Council (ITI), with the support of The Energy Foundation, have just released The Corporate Clean Energy Procurement Index, a report ranking all 50 states based upon the ease with which […]

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How low can it go? Energy Cost Management for Index Contracts 1

Jul 26

Periodically, we update you on the status of day-ahead markets around the Northeast and, particularly, in New York State. Summer Costs As we’ve reported here a number of times, day-ahead markets in the Northeast have been low over the past year, strikingly low, as it happens, during the summer months. Prior to 2014, markets in […]

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