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Archive for April, 2010

Gas off 8.5% after EIA Storage and Production reports

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Storage levels of natural gas rose by 83 Bcf, which was above the expectation of 77 Bcf and the 5 year average of 63 Bcf.  The Producing and West regions were the biggest contributors to this high injection, along with lower power generation demand.  Of equal if not greater significance to the market was the release of the monthly EIA-914 report on Thursday, featuring a new survey methodology for estimating gas production.  Supply estimates from 2009 and January 2010 were revised down by approximately 1.3% for the US.  The changes ranged from -.03 to -1.3 Bcf/d and mostly impacted the…
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Take Action to Oppose Legislation to Raise Your Cost of Electricity in Connecticut

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In the next 2 to 3 days, the Connecticut Legislature is poised to pass a massive energy bill, LCO 4558, that will raise your cost of electricity and affect your future energy choices. The bill was first made public in draft on Tuesday, was negotiated by a small handful of lawmakers behind closed doors, and is being rushed to passage.

Today over 20 competitive energy companies sent a letter indicating our strong objections to this process and our opposition to the bill. We join a chorus of groups who have expressed concerns and reservations with the bill, including the…
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How One of the Most Advanced Control and Dispatch Centers in the Nation Can Help You Reduce Energy Costs

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Constellation Energy’s advanced control and dispatch center is an important link in the energy supply, distribution and response chain.  Backed with North American Electric Reliability Corporation (NERC) and PJM certifications, the center closely monitors and controls the flow of energy for customers across North America.

The Constellation Energy Control and Dispatch Center comprehensively directs energy distribution across an entire network, supplying electricity when needed and reducing load during times of high demand.  This ensures that enough energy is delivered when needed to grid operators, utilities, and ultimately…
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Michigan Businesses and Organizations Urging Lawmakers to Support Retail Choice

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Today, 37 Michigan businesses and customers, comprising 877 facilities, representing over $278 million in annual electricity costs and 74,634 employees, petitioned Governor Jennifer Granholm and the state legislature to raise the cap on the competitive electricity market in Michigan.  Currently, Michigan only allows 10 percent of its electricity supply to be served by alternative suppliers such as Constellation NewEnergy, effectively requiring 90 percent of the market to pay the rates set by the utilities.   Today’s  letter shows strong support for retail competition and customer choice from a diverse cross-section of job creators.  Together, they are urging Governor Granholm and the…
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The Transportation Industry and Electric Vehicles: How Will the Energy be Supplied?

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Last week I focused on electric vehicles and the drivers, environmental and regulatory, which are impacting the way the transportation industry operates and adopts the use of electric vehicles (EVs).

With over 250 million light duty vehicles on the road in the U.S., how will the energy be supplied?

Charging Infrastructure
There are multiple charging infrastructure options to consider: private charging at residential homes and fleet vehicle storage centers, public street charging, workplace charging and private parking charging.

Much of the success of electric powered vehicles lies within the modernization of the Smart Grid; the current electric…
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Business Organizations and Suppliers Mobilize to Oppose A Plan That Will Lead To Higher Electricity Bills for Illinois Customers

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Last week, the Illinois Competitive Energy Association joined with major business trade organizations to form the STOP Coalition to express concern of a recent cost report that was released in reference to the development of the Taylorville Energy Center in Illinois.    The Taylorville Energy Center (TEC) is a proposed coal-to-gas plant that, if approved by the Illinois General Assembly, would be financed on the backs of Illinois consumers. 

In addition to the Illinois Competitive Association, members of the Stop Coalition include the Chicagoland Chamber of Commerce, Illinois Manufacturers’ Association, Illinois Retail Merchants Association, Illinois State Chamber…
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