Energy Monitor | September 2024
Leverage Expertise with an Energy Consultant
Discover how hiring an energy consultant can transform your business by unlocking significant cost savings, boosting sustainability, and ensuring regulatory compliance. Learn how about how our experts can tailor energy solutions to your needs, streamline implementation, and provide unbiased recommendations for optimal results. READ MORE
What is driving elevated prices in PJM?
In early July, PJM's West Hub saw a surge in energy prices, exceeding $400, due to an emergency transformer outage at Conastone 500, which started on July 2nd and has now been extended to December 31st. This extended outage, attributed to severe damage, is causing significant market congestion and price volatility in PJM, with Wood Mackenzie’s tools revealing dramatic pricing fluctuations across trading nodes. READ MORE
Natural Gas Is Critical to Achieving Global Climate Goals. Here’s Why
Natural gas plays a crucial role in the energy transition by providing cleaner, reliable backup power for renewables and supporting global energy needs. It replaces coal, reducing emissions, and complements intermittent renewable sources like wind and solar. Despite its benefits, the industry faces challenges and ongoing scrutiny as it continues to play a significant role in the shift towards cleaner energy solutions. READ MORE
City of Everman Overcomes Water Loss and Gains Energy Savings
Discover how Usource transformed the City of Everman’s outdated energy and water systems into a model of efficiency, saving over $70,000 in recovered revenue and nearly $18,000 in annual operating costs. Learn how their innovative solutions, from smart water meters to LED lighting, not only cut costs but also streamlined operations, providing a compelling case for optimizing resource management. READ MORE