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Retail Energy Supplier Creates Energy Management Portal

Linda Hardesty

Great Eastern Energy (GEE), a retail energy supplier, is working with UM Technologies to construct and maintain a customer dashboard and analytical portal for energy management. The beta version of the new web-based application is currently being tested by a select group of Great Eastern Energy’s customers to gain additional insights before being made publically   …Continue Reading

Joule Assets Provides Third-Party Financing for Incenergy

Linda Hardesty

Incenergy and Joule Assets announced a new project finance partnership wherein Incenergy will be able to offer in-house financing via Joule Assets to shorten sales cycles of its energy upgrade projects. Based in Austin, Texas, Incenergy offers energy metering, lighting controls, energy management, HVAC retrofits, and integration services globally for the commercial building market, targeting buildings   …Continue Reading

Time-Varying Electricity Pricing

Josh Kessler

The Environmental Defense Fund’s senior manager for Grid Modernization posted a blog entry this week about the importance of time-varying electricity pricing to reduce usage at peak hours of the day – such as hot summer days when consumers come home from work and turn on their air conditioners. Across the US, consumers used between 47 and   …Continue Reading

New Resource from Energy Research Council

Josh Kessler

Retail Energy Buyer has new benchmark retail electricity price data from the Energy Research Council (ERC) that will be provided each week in the right sidebar of the newsletter. The benchmark metrics in these tables are based on a standardized database of daily matrix prices from over a dozen retail electricity suppliers. Benchmarks are derived   …Continue Reading

Renewables Competitive with Fossil Generation in Texas

Josh Kessler

The Dallas Morning News has published three stories recently that show how far both wind and solar have come in Texas. TX Municipality Goes 100 Percent Renewable On March 18, the newspaper reported Georgetown, Texas, said it had signed a 150 MW power purchase agreement (PPA) with solar developer SunEdison beginning next year. This, combined   …Continue Reading

Mass. May Publish Yelp-Style Supplier Reviews

Josh Kessler

In January, Retail Energy Buyer reported that Massachusetts is looking to develop a web portal to provide retail energy buyers with standardized information on suppliers to help them shop for energy. According to an article in Energy Choice Matters last week, the website could include supplier reviews similar to those employed by rating websites like   …Continue Reading

To Combat Winter Price Spikes, Conn. Proposes State-Run Procurements

Josh Kessler

The Connecticut Department of Energy and Environmental Protection (DEEP) has proposed state-run procurements designed to address the type of gas and electricity price spikes that have occurred in Connecticut and other northeastern states the past two winters. An article in RetailEnergyX reports that DEEP is seeking to solicit large hydropower, gas and electric transmission capacity,   …Continue Reading

Pipeline Could Have Saved Customers $890M

Josh Kessler

A new study from Concentric Energy Advisors (CEA), commissioned by PennEast Pipeline, shows that customers in New Jersey and Eastern Pennsylvania could have saved $893 million in natural gas costs last winter if PennEast’s proposed pipeline had been in place. Downstream Today reports the pipeline would have provided 1 billion cubic feet per day of natural   …Continue Reading

BMW Gets 51% of Electrical Energy Worldwide From Renewables

Linda Hardesty

The BMW Group says that 51 percent of its electricity worldwide is being supplied from renewable sources. BMW Group has a step-by-step plan to transition the company to 100 percent electrical energy supply from renewable sources. The first step is to increasingly improve the efficiency of energy consumption at facilities worldwide. In a second step,   …Continue Reading

IBM Moves Away From RECs, Toward Direct Procurement

Linda Hardesty

IBM announced a new goal to procure electricity from renewable sources for 20 percent of its annual electricity consumption by 2020. To achieve this goal, it plans to contract over 800,000 MWh per year of renewable electricity. “We intend to match our purchased renewable electricity directly to our operations as opposed to purchasing renewable energy   …Continue Reading

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