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Energy Market Snapshot: Feb. 12, 2024

NATURAL GAS: NYMEX CALENDAR STRIPS The cost of Natural Gas continues to drop over the 12 months, and injection season is just around the corner on April 1st. We have seen a trend in the last few years where the current year is priced lower than the following years. So, looking at Natural Gas and…

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Utilities On Track for Energy Decarbonization Goals

Researchers have discovered that utilities across the United States are decarbonizing faster than regulations require and are transitioning to clean energy, even in states without renewable portfolio standards. According to a recent study by C.U. Boulder, the nation’s utilities will hit 100% renewable energy by 2060. This is a positive step forward in the fight…

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Super Bowl Goes Green! The game will be solar-powered.

Attention all businesses! Did you know a Nevada solar-plus-storage installation is powering this year’s Super Bowl? That’s right, the biggest event of the year is being powered by green energy. Check out the link to learn more! If you’re interested in exploring your solar options for your business, TPI consultants can help.https://www.cbsnews.com/news/super-bowl-2024-to-be-powered-by-nevada-desert-solar-farm/

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Energy Market Snapshot: Week of Feb. 5, 2024

EIA: NATURAL GAS STORAGE REPORT With the cost of natural gas climbing due to the added cost of gas from the Middle East, US LNG producers are maxing out the capacity of LNG facilities to sell their products where they can make the most money. It’s a global market, and NG producers will try to…

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Ohion HB6: Regulators Protecting Utility Trade Secrets

Ohio’s HB6 is making headlines again, and the scandal is far from over. Recent reports reveal that Ohio regulators are protecting utility companies’ trade secrets claims, even when the data was publicly available. The Checks and Balances Project has obtained documents related to this issue, and their findings are concerning. Click the link below to…

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FirstEnergy Technology Helped First Responders In Ohio’s Train Derailment

FirstEnergy’s smart grid technology was invaluable during last year’s East Palestine, Ohio emergency. When a train derailment threatened to cause widespread power outages, the company could quickly and narrowly shut off power to the affected area, allowing emergency officials to respond without interruption. Thanks to this technology, the impact of the incident was significantly reduced.…

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EIA: EVs Were 16% of All Auto Sales in 2023

Electric vehicles and hybrids are taking the U.S. automobile market by storm! According to the Energy Information Administration, in 2023, the combined sales of hybrid vehicles, plug-in hybrid electric vehicles, and battery electric vehicles (BEV) surged to 16.3% of total new light-duty vehicle (LDV) sales. This significant increase highlights a growing demand for more environmentally-friendly…

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PUCO Under Fire for EAP Redaction

The Public Utilities Commission of Ohio (PUCO) is under fire for allowing American Electric Power (AEP) officials to redact parts of an audit that examined the operations of two coal plants subsidized by HB6. According to a recent report, PUCO staff members allowed AEP officials to censor information from the audit that could have shed…

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