Howard Plante Vice President of Procurement Freedom Energy Published: December 14, 2023 Introduction: The Rise of Renewable Energy Requirements Over the past several years, we have seen state and federal policies increase renewable energy requirements. Thirty-six states and the District of Columbia have established a Renewable Portfolio Standard (RPS) program. Twelve [...]
Trey Smoyer Senior Contracts & Pricing Analyst II Freedom Energy Published: December 15, 2023 Globalization and Its Effects The world seems smaller compared to decades prior. Gone are the days of lengthy journeys and information scarcity. Technology and globalization have woven an interconnected web that continues to shrink distances between people [...]
Mallory Brooke Certified Consulting Meteorologist Nor'easter Weather Consulting Mallory Brooke, Freedom Energy's Meteorologist and Certified Consulting Meteorologist from Nor’easter Weather Consulting, contributes her expertise in forecasting winter trends. Mallory Brooke, a Certified Consulting Meteorologist and Penn State graduate, began her career in Virginia before moving to Maine in 2011, where she specialized in ski [...]
Cameron Von Hollander Energy Advisor Freedom Energy Published: December 14, 2023 Introduction: An Overview of Index Products The U.S. deregulated energy market presents a wide array of products tailored to meet the distinct energy needs of each business. While fixed price, block, and hedge options are commonly utilized, today's focus shifts [...]
Carol Anne Watts Senior Director of Sales and Sales Operations Freedom Energy Published: December 14, 2023 Understanding the Energy Buyer's Quandary In the world of energy procurement, buyers are often faced with a critical decision: should the focus be on securing the lowest rate or the lowest overall cost? This choice [...]
What is Capacity? Capacity is the maximum output that a generating facility can produce. It is used by Independent System Operators (ISOs) as a barometer to effectively determine their region’s future supply capabilities. Essentially, ISONE helps facilitate the flow of payments from suppliers (buyers) of electricity to the generating facilities (sellers). Each of your utility [...]
The New England region has seen some historically low Real-Time electricity prices in 2020 so far this year. Prices in January, February and March benefitted from a mild Winter as a result of low natural gas prices generators paid to produce electricity. Covid-19 has had some very profound affects throughout the world, including on energy [...]
For many years, the choice between low energy costs and reducing carbon footprint has created a dilemma for New England businesses. In Maine, commercial users no longer need to choose between the two. Through virtual net energy billing, businesses can instead reduce energy costs while supporting the growth of renewable solar power in their home [...]
Is your company buying its’ pens, paper, and staplers through a buying group? It’s a great way to get lower rates by purchasing in bulk. However, is your organization buying its energy supply through a buying group? Perhaps the chief fallacy in the world of electricity and natural gas procurement is that joining a consortium [...]
By Dan Cwalinski, Director of Contracts and Pricing Following a two-year delay, PJM Interconnection held the 2022/2023 Base Residual Auction (BRA) from May 19, 2021 through May 25, 2021 and published the results on June 2, 2021. The 2022/2023 BRA is the third auction where PJM has procured 100% Capacity Performance Resources, which, according to PJM, [...]
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