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Recent Posts
- Energy Broker Commission: The Truth Revealed
- Broker to Broker Outsourcing Leading to Fat Energy Supply Prices
- Fake Energy Consultants Two-Timing Consumers with Double-Dip
- Going Once, Going Twice – Sold! Bad Energy Deals to Consumers in the Dark
- Businesses Hoodwinked By Energy Brokers Dodging Upcharge Disclosure
Categories
Shifting Electric Commodity Price Action Leading to Increased Risk in Electricity Supply Chain
Video: Shifting Electric Commodity Price Action Leading to Increased Risk in Electricity Supply Chain Businesses are facing increased risk in the electricity supply chain. Why? Because electricity futures prices have become more volatile, while, at the same time, disassociating from traditional price drivers. The result – less certainty about future price direction. Hence, more risk tied to decisions about when and how to buy electricity. A video (see link below) by Brad Foster provides further insights into these dynamics. Coming soon is a follow up video that will address additional cost risks tied to measures that ensure electric grid reliability amidst changing supply and demand dynamics. Video: Shifting Electric Commodity […]
Coal-Fired Power Plant Retirements on PJM Grid Could Lead to Higher Wholesale Energy & Electric Futures Prices
There has been a great deal of news about the retirement of U.S. coal-fired power plants, a function of pending environmental compliance regulations that become effective April, 2015 (Mercury and Toxics Standards rule). Power companies are retiring the plants, citing that the costs of making the plants environmentally compliant are not justified. Power plant retirements are affecting the PJM grid. Consequently, anticipated is an increased reliance on natural gas-fired generation to maintain electric supply reliability. The polar vortex in January 2014 provided a glimpse into some of the issues tied to increased reliance on natural gas-fired generation. In fact, both wholesale power prices and electricity futures prices have been affected, […]
Electricity Prices on PJM Grid Spike in Jan. 2014
A combination of record-high space heating-related demand and unplanned generation outages, both a function of significantly below-normal temperatures throughout the U.S., contributed to a dramatic spike in hourly electricity prices within the PJM footprint in Jan. 2014. To put that in perspective, prices grew up to 300% from Dec. 13 to Jan. 14, depending on the utility zone within PJM service territory. Below are a few links to articles / publications that explore these dynamics: Polar Vortex Drives Record Winter Energy Use in PJM PJM Grid Meets Month-long Challenges of Cold January
