Verve Energy Blog
Verve Energy Blog
Blog, budgets, Energy Procurement, Market News, risk management, Software, Sustainability, Utility Bill Management, Vervantis
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
Utility bill administration is resource and time intensive for large and medium-sized companies with multiple accounts which are exacerbated when sites or accounts need to be opened or closed. While our teams provide a complete utility bill administration solution, we
The CDP Fall Forum was an excellent opportunity to join our sustainability software channel partners, who were sponsors of this year’s event at One World Trade Center in New York. This was an evening of networking and a “Highlights of the
EEI National Key Account Workshop was held in the wonderful surroundings of the JW Mariott San Antonio Hill Country Resort & Spa in TX. The rain definitely did not stop play for energy consumers and vendors participating in this fall’s top
Existing users of the Vervantis energy, sustainability, and utility bill management software DataHub360™ already know the value of being connected, but the latest addition to the platform has gone down a storm. Organizations with multiple locations know how impactful weather can
Energy Futures Pricing Launched. Vervantis secure cloud-based energy portal DataHub360™ is proving even more popular with energy procurement professionals now that it includes the latest wholesale market pricing for deregulated markets across the United States. Contracts for natural gas, electric
CDP Spring Workshop last week was an incredible success. The CDP is a not-for-profit charity that runs the global disclosure system for investors, companies, cities, states, and regions to manage their environmental impacts. Over the past 15 years, they have
Climate or Cash? Sustainability Drivers -our planet doesn’t care which of these motivations drives your sustainability or Corporate Social Responsibility ( CSR ) strategy, only that it does. Businesses understand very well that being a sustainable business and having mechanisms in place to
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
EEI conference in Washington, DC. provided the perfect setting for the latest National Key Accounts Workshop (NKAW) where commercial energy consumers and industry thought leaders gathered for another incredible energy and utility conference. Packed with information and educational workshops developed specifically
Capturis CIC 2017 Capturis, a leading utility bill management company headquartered in Mandan, ND held their third annual Customer Information Conference (CIC), where channel partners and utility management professionals come together to share best practice and learn about the latest innovations in invoice management.
Managing Energy Price Risk A Fool and His Money are Soon Parted – The original proverb can be traced back to an English rhyme by Thomas Tusser in 1573. The actual version being: “A foole & his money, be soone at debate,
Oil price steadies decline after tumbling to the lowest level since before OPEC reached an output-reduction deal as U.S. shale confounds the producer group’s attempts to prop up prices. Prices are approaching an 8 percent decline this week, bringing the
Solar World It’s a good question, why are we not in a solar world that is harnessing more of the suns energy, I mean enough sunlight reaches the earth’s surface each minute to satisfy the world’s energy demands for an
EEI NKAW Spring17 is only a few weeks away. The conference is being held at the convention center in Phoenix, AZ from April 9th – 12th. EEI NKAW Spring17 is the first of two events on Edison Electric Institutes calendar this year
Touchstone Energy NET17 provided a fantastic week of co-operative networking with inspiring conference agenda and speakers. Well done to Touchstone Energy NET 17 for all their hard work in making it such a great success. Keynote speaker MIT Professor Don Sadoway
NET2017 The NET2017 Conference is Touchstone Energy’s signature business-to-business conference that brings together national, regional and local energy managers with co-op key account and energy services professionals from around the country. With more than sixteen years of programming, NET has
SME Energy Price Comparison Service Launched Vervantis Inc. VP Dan Moat, today announced the launch of a new service developed specifically for energy consumers in the Small and Medium Enterprise (SME) category. The SME price comparison service is available across
Energy Price Risk Buying Energy Conservatively? For over a decade, large energy consumers have been using price risk management processes to support energy sourcing decisions, but these methods, while touted as risk management, are actually only effective if energy markets
Utility Budget Season is Here! As 2016 marches on, companies are focusing on budgets for 2017 and for indirect procurement professionals, the impact utilities will have on their business. Unlike most other indirect categories, energy is a commodity that changes in
Utility Bill Pay Solutions The process of collecting and paying invoices has just become a whole lot easier, and considerably less expensive. Vervantis is delighted to announce that a fully integrated utility bill payment and management service is now part
Sustainability Software Launched Vervantis has today launched CDP accredited CSR/ ESG sustainability software to complement its advice and existing suite of energy solutions. Over 2000 fuel and business activities can be captured through this intuitive sustainability software in a process
Brexit Energy Brexit energy matters greatly. It was fascinating to watch the drama unfold as UK votes were counted, and as reality dawned that there would be a British exit (Brexit) from the European Union, the true picture of leave
Predicting Recessions There has been much speculation recently about a recession in 2016, so we take a look at what the drivers could be. Are there signals from energy price movements and how might this impact you. It would appear
Crude Oil has Increased 80% Since February! – So What Action Did You Take? Since crude oil prices collapsed in February 2016 to their lowest point in recent years, crude has been making a very steady recovery. This morning WTI was
Energy Shorts In the last seven weeks, those who have been watching the oil markets would notice a 50% increase in cost. With a global market in oversupply, and crude stocks fast approaching their highest ever levels, it is right to wonder what
Deja Vu? The automotive Deja Vu is DeLorean. It was this day 34 years ago, that the DeLorean Motor Company went to the wall leaving us thinking we were destined only to see these stainless steel cars in the movies.
Russian Oil Gets Indian Investment The Russian oil economy, like most oil-rich nations, has been taking a beating lately, as the world’s oversupply of oil drove prices to as low as $26 barrel. The Russian government relies on about half of
Solar Generation Creating Revenue Gap There are two basic groups of energy, renewable energy (biomass, geothermal, solar generation, water, and wind power) and nonrenewable (fossil fuels coal, oil, natural gas, nuclear). Three-quarters of the world’s energy is generated by burning
Oil Falls Impact Rig Count As some us awake bleary-eyed with an hour less sleep after the spring forward clock change, we find the markets have not been sleeping at all as oil falls. Oil has fallen from a three
Low Natural Gas Prices In recent days, I have commented on the fluctuating price of oil and some of the drivers behind the changes in global supply and demand. The low natural gas prices enjoyed by the US are largely due to
LNG Exports – Massive Increase Planned What has US Natural Gas, Liquid Natural Gas (LNG Exports) and London have in common? Ninety years ago today, the first successful radio-telephone conversations took place between New York and London thanks to the American
Oil Storage Fills Globally More than twice the normal number of oil tankers languish off the coast of Europe’s largest oil terminal in Rotterdam, as the port struggles to unload into bloated oil storage facilities. It is reported that twice
Sustainable Ice The rapid warming of the Arctic is raising questions about whether it has sustainable ice deposits. Rapid melting is causing concern to environmental scientists who believe the Arctic will experience its first ice-free summer as early as the
Keep the Volume Down Normally, this is a rant to my son as he hammers away on his drum kit. But it is a sentiment being echoed throughout the US oil industry to global producers who have so far at
Oil Prices Rise Yes, today’s blog has it all. Oscars, Oil Prices and environmental news. As the red carpet is rolled up for another year, the tinsel town must be quite pleased that it managed to navigate through the racial
CA Grid Change Coming? Warren Buffett is a shrewd investor unafraid to tackle some of the largest corporations to improve stakeholder value, but one of his latest drives has the potential to help millions of energy consumers too. To understand
Oil Oil Everywhere Oil, oil everywhere – prices are down again today as inventories rise. The black blood which runs through the veins of the world’s economies has dominated the news every day for the 20 plus years I have
Warhol said “I’m not afraid to die; I just don’t want to be there when it happens” Andy Warhol, the American artist who was a leading figure in the visual art movement known as pop art, died on this day
Buying decisions are easy when prices are low – aren’t they? If you are wondering what buying decisions have to do with low gas prices – read on. It’s amazing to me that gasoline (petrol for those over the pond)
Baltimore, NJ February 7th, 1817. Baltimore was the first city outside England to adopt gas street lights (London in 1807 was the world’s first) and the first in the United States. Today, seeing natural gas at $1.90 d/th maybe we
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