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Archive for June, 2010

Charging Infrastructure Expected to Power Electric Vehicles in Nine U.S. Regions

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Charging stations are powering electric vehicles in nine areas around the U.S.

As mentioned in a previous post, the success of electric vehicles (EVs) is highly dependent on the ease and availability of recharging, whether via private charging at residential homes or fleet vehicle storage centers, public street charging, workplace charging or private parking charging.

But charging infrastructure development suffers from a “chicken and egg” problem.

Large scale infrastructure build-out – whether for public streets or private workplaces and parking lots…
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Spring 2010 Solicitation Results of PECO Procurement Provide Convincing Data for Pa. Customers to Shop

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Last week we hit the Day-30 mark following the end of the Spring 2010 solicitation and the results are in.

As you may remember, the Pennsylvania Public Utility Commission (PUC) approved the PECO Energy Default Service Plan settlement filing back in April 2009. Part of the filing, which occurs 30 days after the solicitation or 21 days before the supply period starts, includes the public release of certain information regarding the results of each solicitation.  The Spring 2010 solicitation was held on May 24.

The results of the Spring 2010 solicitation highlights the benefits…
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Economic Indicators – Week of 6/19 – 6/23

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This week’s economic indicators continued to show both bullish and bearish signs: 

BULLS

  • The FOMC retained language that the fed funds rate likely will remain exceptionally low for an extended period. The vote was 9 to 1 for the statement with Kansas City Fed voting against.
  •  New factory orders for durable goods in May declined 1.1% after jumping a revised 3.0% in April.  A large swing in the volatile Aircraft sector dragged the number down, but advances were widespread in other components-including primary metals, machinery, computers & electronics, and other durables. 

BEARS

  • The

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What Will Happen During Phase 2 of Direct Access in California that Begins July 16?

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On Thursday, July 15, 2010, the Open Enrollment Window (OEW) for Phase 1 of the transitional reopening of Direct Access Service in California will close. To find out more about the OEW process, get started here.       

But what will happen on the morning of Friday, July 16 after the OEW is closed? At that time, Phase 2 of Direct Access reopening begins. In Phase 2, additional room under the cap established in the statute that authorized the Direct Access reopening will become available – up to 70% of the total cap (during Phase 1, only 35% of…
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Forecasts for Above-Normal Temperatures Supporting Natural Gas Prices

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Natural gas has remained above $5/mmbtu most of this week as forecasts for above-normal temperatures extending into July continue to point to well above-normal cooling load and gas burn.  On Thursday, the EIA reported an 87 Bcf injection into natural gas storage, lower than initial projections amid stronger-than-expected power generation in the Southeast as heat remained in the region throughout the period.  The build eliminated the year-on-year surplus since peaking at 101 Bcf at the end of April, though inventories remains above the 5-year average by 313 Bcf.  Current inventories stand at 2,543 Bcf…
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Where Can Businesses Start As Electric Rate Caps End in Pennsylvania?

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Just a little more than six months from now, PECO and other electric service rate caps are set to expire throughout Pennsylvania. Some energy rate caps in Pennsylvania have already expired, and as all rate caps come to an end on December 31, 2010, some businesses and other customers may find themselves paying substantially higher electric bills as the price for generation supply provided by the utility will be set based upon the results of competitive wholesale procurement events.

But there is an opportunity for customers to shop for better options. The beginning of 2011 will be…
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