Catch up on the latest updates from the energy industry.
Energy Audits: Why They’re Essential for Every Business
In today’s fast-paced business landscape, efficiency is the name of the game. Companies everywhere are looking for ways to streamline operations, cut costs, and maintain a competitive edge. One often-overlooked avenue for achieving these goals? Energy audits.
Energy-Saving Tips for the Holidays
The holiday season is a time for family gatherings, festive decorations, and delicious feasts. However, it can also be a time of increased energy consumption, leading to higher utility bills and environmental impact. At United Energy Consultants, we’re passionate about helping you make sustainable energy choices without sacrificing the joy of the season. Here are some practical tips to save energy during the holidays:
United Energy Consultants Insights
Our weekly company round-up covers the key market and industry news in one place, so you don’t have to look any further to stay ahead.
The Benefits of Using Energy Brokers to Reduce Costs for Businesses
In today's rapidly changing energy landscape, businesses are constantly seeking ways to cut costs and enhance efficiency. One of the most effective strategies is to partner with energy brokers who specialize in navigating the complex world of energy procurement. At United Energy Consultants, we understand the critical role that energy brokers play in helping businesses optimize their energy strategies. Here’s how utilizing an energy broker can lead to significant cost reductions for your business.
Energy Market Update
Weekly Energy Industry Summary
Commodity Fundamentals
Week of October 28, 2024
Energy Market Update
Weekly Energy Industry Summary
Commodity Fundamentals
Week of October 7, 2024.
Shifting Risks in Renewable Energy
The renewable energy industry in the United States has entered a new era of (relative) policy predictability and unprecedented economic incentives. From a legal perspective, the only certainty in a renewable energy practice is change.
Renewable Energy Update 8-19-24
U.S. community solar capacity to exceed 14 GW by 2029 PV-Tech – August 12 Analyst Wood Mackenzie expects the U.S. community solar sector to add 7.3 GW of new capacity by 2029, which would push the total cumulative installed community solar capacity to above 14 GW, according to a recent report published in collaboration with the Coalition for Community Solar Access.
New York and New Jersey Businesses Can Benefit By Using Deregulated Energy Suppliers To Reduce Their Overhead
Wholesale Energy Prices: If wholesale electricity prices are low, it might be a good time to lock in a lower rate with a deregulated supplier. Monitoring market trends and comparing them with utility rates can help determine if the current rates are favorable.
Renewable Energy Update 8-05-24
According to the Department of the Interior, the Bureau of Land Management (BLM) is proceeding with nine solar projects on public lands to potentially power nearly 2 million homes with clean energy.
Market Update: August 2024
Aug 2024 natural gas contract retired yesterday as prompt month. It closed down ten cents on the day at $2.08/MMBtu. This is also down from $2.25 on the week. As the new prompt month, Sep 2024 is currently trading at $2.04.
New York State Seeks Latest Round of Renewable Energy Projects to Fuel Climate Goals
New York Gov. Kathy Hochul announced the state’s latest land-based renewable energy solicitation, continuing progress toward the state’s Climate Leadership and Community Protection Act goal to obtain 70 percent of New York’s electricity from renewable sources by 2030.
Positively Charged Energy News: March 2024 Commentary
In March, OPEC+ announced the extension of additional voluntary cuts of 2.2 million barrels per day through June, aimed at stabilizing and balancing the oil markets.
Energy Industry Insights: March 2024
Domestic oil production in the U.S. reached a new record in November 2023, hitting 13.31 million barrels per day, according to data from the U.S. Energy Information Administration.
The Focus: February 2024 Commentary
The oil markets continued its hypersensitivity to geopolitical events in February as hostilities intensified in both the Red Sea and Russia increasing concerns over supply disruptions.
Renewable Energy Update 2-12-24
The Bureau of Land Management (BLM) is reviewing 20 major renewable energy projects — mostly solar — across the West that would cover as much as 193,000 acres of federal land, and generate 13,845 MW of electricity, or enough to power more than 4 million homes.
The Conundrum of Low Natural Gas Prices in the U.S. Amid Middle East Conflict: A Closer Look
In recent times, the United States has experienced an intriguing phenomenon – notably low natural gas prices, despite the ongoing international conflicts in the Middle East.
Load Factor: What Is It? What Should It Be?
Load factor is an extremely useful calculated value that can help energy and facility managers spot data problems, metering problems, rate change opportunities, and mechanical electrical system control problems.