FirstEnergy Spar With Investors
FirstEnergy investors continue to spar with the company over releasing information in court about the utility’s role in a major bribery scheme.
PJM states forging ahead to create a voluntary forward clean energy market
PJM Interconnection member states form a working group to develop a separate market to push ahead on clean energy goals, planning to have a strategy by the end of the year. The story >>
Market Snapshot: Energy Market News for Monday, September 18, 2023
EIA: U.S. ELECTRICITY GENERATION BY SOURCE 2018-2024 If you look at the sources of electricity supply, natural gas, coal, and nuclear may have a clear lead, but if you add wind and solar together and then break them down ‘other‘ you find out that renewables are probably in second place as other also accounts for…
How to Leverage Rebates for Energy Efficiency Projects
As your organization begins to consider energy efficiency projects to meet your carbon reduction goals or federal, state, or local regulations, it is essential to know that various rebates and incentives may be available from utilities, governments, or third parties. A rebate or incentive refers to a financial or non-financial benefit provided to individuals, businesses,…
Market Snapshot for Monday, August 28, 2023
WEATHER: 6-10 DAY AND 8-14 DAY OUTLOOK Intense heat moving north from Texas creates a funnel of intense heat up through the Plains States and almost to the Canadian border. Dallas, TX, will see temperatures over 100 later this week. Minneapolis will see temps in the 90s at the same time. This heat will move…
Energy Market Snapshot: Monday, August 7, 2023
Natural Gas: EIA WEEKLY NATURAL GAS STORAGE REPORT Keep an eye on the gas storage report. While we still have a surplus of natural gas compared to the five-year average, especially last year, the recent injections have been smaller than in the past, and the surplus is shrinking. This is a sign that demand continues…
Monday’s Market Snapshot – July 31, 2023
US Weather: 6-10 DAY AND 8-14 DAY OUTLOOK Energy Demand: ABOUT LAST WEEK’S PEAK DEMAND ALERTS EIA: WEEKLY GAS STORAGE The Natural Gas Market took a bit of a dip on Wednesday, falling from its weeklong high of $2.755 and down more than ten cents to $2.642. This dip was prompted by weather forecasts calling…
Vistra Energy Harbor Deal Poses Market Risks
Vistra’s plan to buy Energy Harbor’s nuclear power plants and other assets will hurt competition in wholesale and retail markets and should be rejected, the Ohio ratepayer advocate and the Northeast Ohio Public Energy Council, or NOPEC, told the Federal Energy Regulatory Commission on Friday. According to the market monitor, FERC should only approve the $3.4…