Earlier today, we announced World Energy has been selected by NSTAR to provide efficiency services to businesses as part of its Direct Install program. This is an important development for NSTAR, small C&I customers in the NSTAR territory and, of course, World Energy. NSTAR, and in fact all the utilities who offer these kinds of [...]
I recently led a well-attended webinar for Demand Response participants in the PJM region. Its intent was to inform people about the implications that are occurring as a result of PJM’s transition to a “capped” or “pure forward capacity” market. In short, there is only so much capacity available at certain price levels on an [...]
When I saw our recent GSA press releases, highlighting the successful procurement of more than one billion kWh of power and the wonderful results generated by textbook supplier bidding behavior, I immediately thought of a collateral piece produced by a prominent competitor of ours about how auctions don’t work. It was entitled “A Tool with [...]
Natural gas prices dropped to a 28 month low yesterday, following the release of EIA data showing storage levels significantly above five-year average levels. Warm weather across the country has lowered demand while output levels are at record highs due to new supplies from shale formations. There is considerable speculation that these factors could continue [...]
If you care about saving your company money on energy costs this year, or know someone who does, you owe it to yourself to read Eric Bloom’s post, “Procurement Arrives in the 21st Century.” Eric is an analyst at Pike Research, one of the few industry analyst firms that gets that there is an energy [...]
Folks interested in an overview of the energy management/energy services space and the publicly-traded companies that play there would be well served to read the series of articles Tom Konrad has developed for Forbes. An easy way to enter that series is through his concluding piece, “Stock Picks with a Whole Systems Approach,” which includes [...]
On November 4th , FERC tentatively accepted docket ER11-3322-000, much of PJM’s proposal that companies participating in Demand Response programs should not be compensated above their Peak Load Contribution (PLC) when utilizing the Guaranteed Load Drop (GLD) methodology with enrollment. The question is what are the implications for large energy users who are currently enrolled [...]
In my last post, I discussed our acquisition of energy-efficiency firm NES and the important role energy efficiency plays in our Seven Levers approach and in World Energy’s overall evolution. We also discussed why we are changing – namely to address the growing challenges energy managers face as the number of new issues and programs [...]
Last week, World Energy announced the acquisition of Northeast Energy Solutions (NES), a CT-based energy efficiency firm. This acquisition – coupled with recent hirings – gives us a critical mass of talented professionals, enabling us to credibly enter the fast growing energy efficiency market. World Energy’s move into energy efficiency is a critical component of [...]
If I was a C&I salesperson for an Energy Service company (ESCO), I would be very nervous about the recent acquisitions of demand response providers by my competitors. The combination of revenue that can be earned from participation in Demand Response programs along with the installation of energy efficiency equipment/controls is a potent one that, [...]
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