Energy Scam Warning In the wake of energy market volatility following the mid-February cold snap in Texas, there has been an increase in energy scams. This often occurs amid such catastrophic events. Unfortunately, there are people who prey on others during times of instability. Their schemes rely on pressuring you into quick decisions that frequently come […]
Energy news relevant to business decisionmakers. Stories that will help you manage your energy budget and avoid common energy scams.
Sam Randazzo Resigns As PUCO Chairman Today, Sam Randazzo announced his resignation as chairman of the Public Utilities Commission of Ohio. The Timeline The announcement follows Monday’s FBI raid of his Columbus home. It also arrives the day after FirstEnergy Corp. disclosed to the Securities and Exchange Commission an “approximately $4 million (payment) made in
That’s the thing about managing energy price risk – if you knew what was going to happen, there wouldn’t be much risk involved, right? You’d know what was going to happen and plan accordingly. Energy Price Risk Through the Lens of 2020 In a year that’s brought us a global pandemic, global lockdowns and natural gas demand
COVID-19 has created a captive audience ripe for energy phone scams. With consumers at home by the phone and businesses looking for ways to tighten budgets, a new wave of energy fraud is on the rise. Record Number of Energy Scam Complaints According to Duke Energy, they logged a record high of 4,000 customer scam
Energy supply contracts can contain terms that result in unexpected higher monthly charges. Here are common trouble spots and ways to protect your business.
This week Politico reported that Trump administration plans to save aging coal and nuclear plants have stalled in the absence of clearly identified financial backing. Some speculated the cost burden would fall squarely on the shoulders of customers – potentially bearing an annual price tag of $9.7 billion to $17.2 billion. Energy Secretary Rick Perry argued
The Harvard Study A 2019 Harvard University study indicates wind power provides long-term advantages over natural gas and coal. However, wind may not be as clean as previously thought. The study showed that large wind deployments require more land than accounted for by initial studies. Research also revealed early findings failed to identify turbine-caused temperature
Suggests Price Instability Is The Larger Threat All five members of FERC, the regulatory group responsible for the U.S. power grid, stated there is nothing to suggest an forthcoming emergency in the country’s electricity markets. Their testimony before Tuesday’s Senate hearing could undermine the Trump administration’s efforts to save ailing coal and nuclear plants through
Cleared nuclear capacity fell by more than 7 GW from PJM’s last base residual auction, while demand response, renewables, gas and coal all saw their shares expand. Source: PJM loses a quarter of its nuke capacity in latest power auction
Study Shows Ohioans Oppose Regulated Energy Market Ohio voters oppose a regulated energy market, according to a Fallon Research poll. Throughout 2016, the largest electric utilities in Ohio discussed restructuring competitive markets within the state. Despite the utility giants’ efforts to change the established seven-year construct, Ohio voters may be the biggest political snag in