In April 2012, Cheniere Energy received final regulatory approvals to build a major liquefied natural gas (LNG) export terminal at Sabine Pass in Louisiana.  This event rippled through the energy world, with concern growing that export natural gas would lead to higher domestic prices. Currently, natural gas prices in Asia are 3-4 times higher than those in the U.S. while prices in Europe are 2-3 times higher. In light of these spreads, industrial gas producers are urging the Department of Energy to approve LNG exports. However, the export of LNG is unlikely to have significant impact on natural gas prices in the next 3-5 years.  Rather, other factors, such as new environmental regulations, are likely to be more significant drivers of natural gas prices.

Topics: energy risk management, Acclaim Energy Advisors, energy management consulting, natural gas

Topics: energy risk management, energy management consulting

Topics: ERCOT, energy management consulting

Video Outlook: August 2, 2012

A larger than expected injection of 28Bcf triggered a sharp selloff in the natural gas market. Likewise, a shift in forecasts calling for less intense temperatures contributed to the pullback. The September contract is now trading below $3.00/MMBtu, so such price has now become resistance. We have seen bargain hunting at this level; however, the degree of weather driven demand will dictate the next move.

Topics: ERCOT Heat Rates, Acclaim Energy Advisors, energy management consulting, Webinar, Weekly Energy Insights, natural gas

Tropical Weather Outlook and Energy Management 

After some choppy trading, Natural Gas futures are pulling back slightly. A shift in forecasts are calling for less intense temperatures for the first two weeks of August.

Topics: Acclaim Energy Advisors, energy management consulting, risk management, weather outlook, natural gas

Acclaim Energy Launches New Demand Response Solution 

Acclaim Energy Advisors exhibited their new energy reliability solution at the 2012 AWBD (The Association of Water Board Directors-Texas) Annual Conference in San Antonio, Texas. Team members from AT&T and ILS Technologies accompanied Acclaim Energy in launching this low cost, auto-enabled technology that reduces energy expeditures and generates revenue for small and large commercial customers. This solution is know as  the Dynamic Load Optimization 365 (DLO 365 sm) powered by AT&T. 

Topics: Acclaim Energy Advisors, energy management consulting, Energy Solutions, energy procurement, demand response, Event, dynamic load optimization 365, DLO 365, Municipal Utility District Energy

 

Video Outlook: July 25, 2012

Topics: Acclaim Energy Advisors, energy management consulting, Webinar, Energy Solutions

ENERGY INSIGHTS: JULY 18, 2012

Today above normal temperatures and nuclear outages drove prices close to $3.00/MMBtu. The imbalance between supply and demand continues to tighten, so be sure to contact your Acclaim representative to evaluate your current situation.

Topics: ERCOT Heat Rates, Acclaim Energy Advisors, energy management consulting, Weekly Energy Insights, natural gas

VIDEO OUTLOOK: JULY 16, 2012

During the past two weeks, Natural Gas has traded between a narrow range: $2.75/MMBtu & $2.90/MMBtu. Prices have limited upside potential since some utilities are switching back to burning coal. On the low end of the range, prices are supported by forecasts, which are calling for above normal temperatures in the coming weeks.  Click here to watch the Video

 

Topics: Acclaim Energy Advisors, energy management consulting, Webinar, Energy Solutions

Energy Insights: July 3, 2012

NG futures modestly lower today as expectation of excessive heat have eased per the current 11-15 day forecast. Nevertheless, above normal temperatures are expected across most of the continental U.S., so weather will still offer some price support.

Topics: ERCOT Heat Rates, Acclaim Energy Advisors, energy management consulting, Weekly Energy Insights, natural gas