Can Blockchain Blowup Today's Energy Markets?

Can Blockchain Blowup Today's Energy Markets?

If you have never heard of blockchain then you are not alone. The concept is budding out of the theory stage with entrepreneurs scrambling to implement its power in nearly every industry from banking, voting, insurance and yes … energy. Blockchain is most famously known as the underpinning of the decentralized cryptocurrency known as Bitcoin, but what...

Will New Demand for Energy Impact Your Energy Budget?

Will New Demand for Energy Impact Your Energy Budget?

I frequently write about how transformational shifts in energy production and pricing have been benefitting consumers. As I look out at this point in time, I see a few demand shifts that could have a bit of a braking effect on the low costs of energy we’ve been enjoying. Let’s take a look at three...

Two Provisions in Your Electric Agreement That Can Bite You

Two Provisions in Your Electric Agreement That Can Bite You

Joe Buyer from ABC Company needs to sign a new electricity supply agreement. He does his due diligence and signs up with Superman Energy Supply for a 3 year fixed rate of 5 cents per kWh. Superman Energy Supply properly enrolls the account to its service and issues the first invoice. Joe Buyer reviews the bill...

Surprising Impact of Harvey and Katrina on Natural Gas

Surprising Impact of Harvey and Katrina on Natural Gas

It is hard to wrap our heads around the unbelievable devastation left by Tropical Storm Harvey. Although many of the impacts of this storm are not yet quantified one that has historically been present during the Gulf of Mexico storms was eerily absent, soaring natural gas prices.   I wanted to contrast this storm with that...

What Energy Prices Are Telling Us About Electric Reliability

What Energy Prices Are Telling Us About Electric Reliability

The current energy market is unlike any we have ever seen. The fundamentals have changed drastically and we have yet to reach a point of stasis. Paradigm shifts are happening everywhere: where and how we extract natural gas to how we generate, use and store electricity. The tension between the old and new paradigms often drive opposing views among market participants. This...

3 Common Mistakes Made By Energy Buyers

3 Common Mistakes Made By Energy Buyers

Buying energy is not like buying parts, equipment and supplies. Electricity cannot yet be stored in a scalable manner which subjects the buyer to a potentially volatile marketplace. Managing price changes effectively can be extremely beneficial to a budget but the opposite is also true. When energy supply contracts are not executed ideally, customers can experience unnecessary...

Can Trump Save Ohio Coal Plants?

Can Trump Save Ohio Coal Plants?

President Trump shocked the international community with his exit from the 2015 Paris climate agreement. In one tweet he stated, “China will be allowed to build hundreds of additional coal plants. So we can’t build the plants, but they can, according to this agreement.”   Coal has historically played a significant role in Ohio electricity production...

4 Promises of a Smart Grid

4 Promises of a Smart Grid

Last week, the Public Utility Commission of Ohio (PUCO) launched an initiative with the intent of taking the first steps to modernize the electricity grid in Ohio. The PowerForward initiative will be a series of workshops over the course of the year that will bring together the expertise of many stakeholders to ultimately develop a path...

Can Ohio Lead the Energy Revolution?

Can Ohio Lead the Energy Revolution?

The energy revolution is upon us. Ohio is in a period of unmatched change in the way we produce, use and think about energy. Why now? What does it mean to us? And are we poised to take advantage of this opportunity?   The change in the energy space over the past eight years is frankly mind blowing. The Ohio...

5 Ways Your Electric Supply Deal Can Go Wrong

5 Ways Your Electric Supply Deal Can Go Wrong

You have done your due diligence, solicited the market for the best supply offers, read and reread the energy contracts, picked your supplier and signed on the dotted line. Energy supply nirvana (insert record scratch sound here) until it is not. A majority of the time things go as planned but what happens when they...