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EMEX Revises Natural Gas, Energy Outlook for 2014, 2015

Karen Henry

Due to shifting market conditions and record amounts of natural gas being stored, technology firm EMEX has revised its estimates for natural gas price averages for the remainder of 2014. EMEX’s analysis found that natural gas prices are likely to stabilize in the same price range as they did in 2010 and 2011. The Polar   …Continue Reading

Just Energy Selects Eka Software for Energy Trading

Linda Hardesty

Just Energy selected Eka Energy to manage trading, risk management, scheduling and settlement for its natural gas and power operations. Just Energy is a retailer of natural gas, electricity and green energy, serving nearly 2 million customers in the United States, Canada and the United Kingdom. Just Energy is the parent company to Amigo Energy,   …Continue Reading

Polar Vortex Post Mortem

Linda Hardesty

Electricity suppliers are still analyzing the 2013-2014 winter ‘Polar Vortex’ in the Northeast US, which caused energy prices to spike. According to a white paper issued by ConEdison Solutions, the most-powerful contributors to the high prices were pipeline constraints that elevated the cost of transporting natural gas to electric generators in the Northeast and Mid-Atlantic. In   …Continue Reading

Honeywell, Constellation Offer Thermostat, Electricity Package

Linda Hardesty

Honeywell and StarTex Power, a Constellation company and electricity provider, have teamed up to offer homeowners and small businesses an energy-saving bundle that combines competitive electricity supply rates with a WiFi, app-driven thermostat from Honeywell. Also, for a limited time, StarTex Power is offering a gift card to new customers – $100 for homeowners and   …Continue Reading

73% of Small Businesses Want Fixed-Price Electricity Supply Contracts

Linda Hardesty

The most commonly selected type of electricity supply contract is one with a fixed price, according to survey results from the Energy Research Council (ERC), which is a consortium of energy suppliers, including APPI Energy, ConEdison Solutions, Constellation and Direct Energy. In 2013, ERC surveyed about 1,300 executives from small-to-medium sized businesses (SMBs) and found   …Continue Reading

World Energy Cuts Energy Costs for Ohio’s Largest Health System

Kirsten Korosec

Energy technology and services firm World Energy Solutions used its cloud-based platform to secure new electricity, natural gas and demand response contracts for Catholic Health Partners, which resulted in nearly $5 million in savings. The contracts are for all 19 of its Ohio acute-care hospitals, plus all long-term-care, integrated-care and physician-practice facilities. The new contracts begin in   …Continue Reading

New York College Taps Online Auctions for $650K in Savings

Karen Henry

World Energy Solutions teamed up with channel partner Energy Partner Consultants to procure over 30 million kWh of electricity for The College of Saint Rose in Albany, N.Y. More than 3 million kWh of power will be sourced from renewables. Through a series of competitive online auctions run on the cloud-based World Energy Exchange on   …Continue Reading

Grocers Association Names Energy Procurement Vendor

Karen Henry

The National Grocers Association (NGA) has named energy services consulting company GreenCrown Energy as a preferred energy procurement vendor. NGA  engaged GreenCrown to help its members maintain or lower their gas and electricity costs. Securing favorable contracts requires excellent contacts and energy industry expertise, GreenCrown said, and securing the lowest possible electricity and natural gas   …Continue Reading

Siemens Building Management Platform Includes Energy Procurement

Linda Hardesty

The Siemens Building Technologies Division launched Advantage Navigator, a software platform that can track the long-term performance of a single building, entire physical campus, or virtual network of hundreds of sites. The cloudbased software enables users to monitor and analyze total building performance as measured through energy consumption, energy procurement and key sustainability performance indicators.   …Continue Reading

Spot Power Prices Spike in Eastern US

Linda Hardesty

Spot wholesale electricity prices doubled this week in the Mid-Atlantic as the first 90-degree temperatures of the season hit the region, according to Bloomberg. Temperatures rose Tuesday to 97 degrees F in Washington, DC, and 93 degrees F in Philadelphia. PJM Interconnection projected that electricity production in its 13-state grid would peak at 143,146 MW   …Continue Reading

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