Every year the Energy Information Administration (EIA) provides an updated Energy Outlook that projects future supply and demand trends. In their latest outlook, released between April 15–May 2, 2013, the findings on natural gas were particularly instructive, especially for energy risk management professionals. While the Outlook goes through 2040, the confidence level in the projections obviously decreases over time. Following is a high level summary of the reports’ projections related to natural gas and some thoughts on the impact these trends could have on energy risk management strategies going forward.
Natural Gas Outlook: Potential Impacts and Energy Risk Management
Posted by Dennis Vegas on May 14, 2013 7:00:00 AM
Topics: energy risk management, energy procurement, energy reliability, natural gas
Mitigate Energy Risk…Engage An Energy Consultant …It Makes $ense
Posted by Dennis Vegas on May 7, 2013 7:00:00 AM
The constant evolution of retail energy markets puts the burden of energy procurement and energy risk management on end uses. Such practices are typically not the core business of energy end users, so it is unlikely to find the in-house expertise necessary to effectively manage energy solutions. Areas of energy management include: product structuring, contract negotiation, market intelligence, fundamental and technical analysis trends, and the potential impact of regulatory and/or legal changes. One way for an end user to mitigate energy risk and implement effective energy risk management strategies is through the retention of an advisor who is an unbiased energy expert.
Topics: energy risk management, energy management consulting, energy procurement
Legislation proposed in Michigan for 2012 would have increased the ability of customers to choose an alternative energy provider, enabling Michigan businesses to use strategies to manage energy risks and remain competitive on a regional and national level. Nevertheless, this legislation failed to make it out of committee, a sign that Michigan’s failed attempt at deregulation will continue to damage the competitiveness of businesses in the state.
Topics: energy risk management, energy, Energy Solutions, energy procurement, energy reliability
ENERGY RISK MANAGEMENT: BEWARE OF THE 2013 PRICE DRIVERS
Posted by Dennis Vegas on Apr 1, 2013 3:51:00 PM
The first part of this 2 part series addressed 3 factors that will impact natural gas and electricity prices in 2013 and beyond. Part 2 explores the challenges faced by the power sector in terms of future grid reliability, summer weather outlook and the impact of continued drought conditions on power prices.
Topics: energy risk management, energy management consulting, energy procurement, energy reliability
ENERGY RISK MANAGEMENT: THE COSTS OF TRANSMISSION & DISTRIBUTION
Posted by Dennis Vegas on Mar 27, 2013 4:04:00 AM
Energy risk management strategies vary in complexity and success, but those which deliver the highest value tend to look at the entire energy management picture. A holistic energy risk management strategy comprises:
Topics: Acclaim Energy Advisors, energy management consulting, energy procurement
ENERGY RELIABILITY: IF TXU's PARENT DECLARES BANKRUPTCY THEN WHAT?
Posted by Dennis Vegas on Mar 18, 2013 12:37:00 PM
Topics: ERCOT, energy risk management, energy management consulting, energy procurement, energy reliability
Weather Shifts Continue To Drive Natural Gas Pricing
Posted by Dennis Vegas on Feb 8, 2013 4:58:00 PM
If you need timely information on what is happening in the natural gas market you need to read the Acclaim Energy Insider every week. This week his 2 page overview (see link below) focuses on the natural gas maket and ERCOT heat rates. Don't get caught without understanding what may be in store for the days ahead.....
Topics: ERCOT Heat Rates, Acclaim Energy Advisors, energy procurement
Acclaim Energy Advisors Event: 2012 AWBD Conference
Posted by Acclaim Energy on Jul 26, 2012 9:56:00 AM
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