Meet The Mechanic

energy auction mechanic

January 26, 2012 at 10:37 am

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 [...]

World Energy Solutions Secures Key Energy Efficiency Designation

January 23, 2012 at 8:00 am

Named an Authorized Small Business Energy Advantage Program Vendor for the Connecticut Energy Efficiency Fund Berlin and New Haven, CT; Worcester, MA – January 23, 2012 – World Energy Solutions, Inc. (NASDAQ: XWES), a leading energy management services firm, today announced it has been selected by administrators Connecticut Light & Power (CL&P) and The United [...]

GSA Saves New York Federal Facilities over $35 Million in Power Costs through World Energy Solutions

January 17, 2012 at 8:00 am

Online Reverse Auctions Drive Fair and Open Competition, Deliver Massive Savings New York, NY and Worcester, MA – January 17, 2012 – World Energy Solutions, Inc. (NASDAQ: XWES), a leading energy management services firm, today announced it has helped GSA Region 2 successfully procure over 800 million kWh of electricity for more than 36 of [...]

Natural Gas Futures Prices Continue Their Decline

nat gas flames

January 13, 2012 at 11:07 am

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 [...]

Energy Procurement Arrives in the 21st Century

welcome to the future

January 11, 2012 at 11:06 am

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 [...]

GSA Slashes Energy Costs for New England Federal Facilities by Nearly 40 Percent through World Energy Solutions

January 10, 2012 at 8:00 am

Reverse Auctions Deliver $3.75 Million in Expected Savings across Four States Boston and Worcester, MA – January 10, 2012 – World Energy Solutions, Inc. (NASDAQ: XWES), a leading energy management services firm, today announced it has teamed with SAIC (NYSE: SAI) to help GSA, New England Region, successfully procure over 220 million kWh of electricity [...]

World Energy Solutions Supports Fourteenth RGGI CO2 Allowances Auction

December 14, 2011 at 8:00 am

27 Million Allowances Sold Worcester, MA – December 14, 2011 – World Energy Solutions, Inc. (NASDAQ: XWES), a leading energy management services firm, today announced it has successfully supported the 14th quarterly auction of carbon dioxide (CO2) allowances administered by Regional Greenhouse Gas Initiative, Inc. (RGGI, Inc.) on December 7, 2011. According to RGGI, Inc., [...]

GSA Region 2 Wins Real Property Innovation Award for Sustainability

November 15, 2011 at 8:00 am

GSA Region 2 Wins Real Property Innovation Award for Sustainability New York, NY and Worcester, MA – November 15, 2011 – World Energy Solutions, Inc. (NASDAQ: XWES), a leading energy management services firm, today announced one of its longest-standing customers, the General Services Administration’s Northeast and Caribbean Region (GSA Region 2), has won a coveted [...]

Real Green

kermit

November 9, 2011 at 2:43 pm

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 [...]

Breaking News: FERC’s DR Ruling and What It Means to PJM Program Participants

FERClogo

November 8, 2011 at 5:35 pm

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 [...]