risk management

The Rise of Natural Gas In the Energy Market

In the past ten years, natural gas has made considerable leaps in its utilization for energy production. Now it produces more energy than any other sources, including nuclear and coal. But why this shift in the industry? What makes it better? Where does Natural Gas come from? First, let’s discuss where natural gas comes from and how it is utilized. Much like Petroleum products, natural gas is a fossil fuel and is drilled out of deposits in the ground. From there,...

Energy Industry “Biden” It’s Time

The energy industry is literally Biden it's time with a transfer of power expected from the Trump administration to President-elect Joe Biden in the coming weeks, many American industries wonder what effect this could have on their businesses. The energy industry is no different, especially with some of the big campaign promises Biden made. Restoring relations with Iran One campaign promise likely to impact the energy market fairly quickly is Biden's commitment to re-establish relations with Iran. This relationship could bring...

How To Buy Energy – The Guide To Commercial Energy Procurement

How To Buy Energy For Your Business You are most likely a category buyer responsible for indirect procurement. Energy is unlike other indirect spends, so if you're not familiar with buying energy or utility sourcing processes, this article will help provide some high-level guidance. Because energy is a commodity, it brings several additional risks and price considerations less prevalent in other areas of the supply chain.  Companies can either buy energy directly from energy suppliers or through the services of...

Commercial Energy Experts

Light a Fire Under Your Energy Program Across the United States, there are literally thousands of energy advisors, brokers and consultants chasing commercial and industrial energy consumers for their business. The choice is abundant and with each having a compelling story to tell, it can be hard to identify true commercial energy experts.  In the spirit of openness, yes, I want to work with you too, but regardless of who you decide to work with, there are a few things that energy professionals should check that...

Commercial Energy Prices

Commercial Energy Prices - It’s time to stop the Creep! Commercial energy prices have been rising, with more snow on its way over the next few days. Several states continue to deal with “severe” winter weather and the impact on prices from supply and demand. Natural gas spot prices have remained steady, even though this winter has seen more natural gas withdrawn from storage than at any other time in history. Interestingly, after last Friday’s storage report showed weekly withdrawals...

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