Renewable energy driven by consumer pull Consumer preferences are driving utility and business investment in renewable energy. Regulatory decree is not the principal motivation for green power investments anymore. Back in 2006 a group of us started Juice Energy. One of our founding hypotheses was that consumers would insist on clean-powered products. Our premise was that […]
The surprising truth about Spring 2018 natural gas usage Don’t be surprised if you see higher than expected natural gas usage (and, therefore, cost) for the Spring 2018. If you’ve noticed a variance to your gas cost and budget this year, it is probably due to a slightly unexpected reason. Yes, late December 2017 and […]
“Hey MWh, what does Cuomo’s State of the State Energy Policy speech mean to me?” – signed, a NY-based commercial building owner. Good question! How will recent policy announcements impact commercial and industrial customers? What is happening in energy policy? First of all, Cuomo started the year with a whole series of commitments on energy […]
Volatility has returned to energy markets for the first time in 3 or 4 years. We are only 12 days into the New Year, but it has already been a bumpy ride for energy markets. The cold weather that has periodically hit the country since the end of December sent power and gas markets into […]
Any news of cooler temperatures these days sends the 12 month strip price for gas and power up. Major reports show cooler weather in the Northeast likely starting around December 7th. As a result, we have seen another spike in the 12 month strip price for both gas and power. Even though the weekly storage […]
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 […]
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 […]
2016 Energy Markets in Review By almost every measure, energy market activity in 2016 was not eventful. Through the majority of the year (first 9 months), markets were characterized by a lack of volatility in both the index and forward markets. In Q4 2016, forward market volatility returned, although the increase in volatility is relative […]
Conversion of fuel oil to natural gas for heating buildings in New York City has been under way for several years now. According to the New York City’s Mayor’s Office of Sustainability, Just 1 percent of all buildings in the city produce 86 percent of the total soot pollution from buildings-more than all the cars and […]
