In today’s AUSenergy News Update: NYMEX January closes down 17.8 cents, EPA CO2 rules could boost nuclear power, Maryland hearing to question if suppliers’ provided “misleading” information.
Summary: The NYMEX January natural gas futures contract fell 17.8 cents to settle Friday at $3.464/MMBtu on moderate weather forecasts and gas stocks that are above year-ago levels.
AUS Comment: Even if temperatures go lower than anticipated, the current strength in production, resulting in actual oversupply, means heating demand will have to go well beyond expectations to push prices higher. Customers are well positioned to ride through this winter at lower gas costs than last year.
Summary: The EPA’s Clean Power Plan aims to reduce CO2 emissions by 30% BY 2030, with CO2 reduction targets set per state on an individual basis according to their current CO2 standards.
AUS Comment: The EPA calculated CO2 reduction goals, crediting nuclear plant production – current and proposed – as part of each state’s equation. In doing so, the EPA provided nuclear energy a much needed boost at a time when aging plants are under threat of closure. However, this push to include nuclear will lessen the pressure to create alternative energy sources, like wind and solar, and sweep the risks of nuclear under the rug in return for the immediate delivery of energy with zero emissions. Given past nuclear melt-downs and disasters, is this not a short-sighted solution to CO2 reduction?
Summary: The Maryland PSC has assigned to the Public Utility Law Judge Division the question of whether three retail suppliers’ marketing and pricing practices were “misleading” or otherwise provided inadequate information to allow a customer to make an informed choice regarding the purchase of electricity and natural gas services
AUS Comment: A supplier’s marketing practices can lead unsuspecting customers to make the wrong choices for their energy needs. This is why having an energy consultant to guide you through the process, from supplier to final contract negotiations, is so important.
Alternative Utility Services (AUS) is proud to announce that Jenna Buehre, their Director of Corporate Affairs and Benchmarking Program Administrator, has become a New Jersey Certified Energy Benchmarker. The NJ Board of Public Utilities and the Clean Energy Learning...
Alternative Utility Services (AUS), a registered Program Ally of the Ameren Illinois ActOnEnergy® Program, and the Greater Decatur Chamber of Commerce have partnered together to offer all area businesses the opportunity to upgrade their facility’s lighting to more...
Alternative Utility Services (AUS) through the Greater Oshkosh Economic Development Corporation is providing all local area businesses the opportunity to upgrade their facility’s lighting to more efficient LED fixtures with no capital expense. This program is designed...