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Business Insider: How Having An Energy Strategy Can Give You An Edge Over Your Competitors

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In a post that went live on 5/21/13 on Business Insider, one of the fastest growing sites covering business news, Constellation’s senior vice president of energy management programs, Gary Fromer, covered some frequently asked questions from businesses regarding ways to become more energy efficient.

Fromer explains that historically the relationship between energy provider and consumer was one-way and static. Competition in regional electricity markets has fostered considerable innovation and today many customers can enjoy a relationship with their energy company that is dynamic, data-driven and interactive. Competitive markets allow consumers to develop and implement a comprehensive energy strategy, choose the best products and prices and provide new online options manage energy costs and consumption.…
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Business Insider: Constellation CEO On Year-Old Exelon Merger: ‘We’re Off To A Good Start’

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In post on Business Insider, one of the fastest growing sites covering business news, Constellation’s president and CEO, Kenneth Cornew, offered positive remarks regarding the year-old Exelon merger.

Cornew states that one of the key objectives with merging with Exelon was to pair Constellation’s impressive power sales with Exelon’s vast generation portfolio. He adds, “In one year we successfully integrated many systems, which was challenging given all the physical and financial processes.”

The vision for Constellation’s long-term goal is clear: Cornew states that Constellation strives to be “America’s energy choice.  To get…
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Renewables and the Law of Unintended Consequences

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As with any big and complex undertaking, like the worldwide movement to integrate substantial amounts of renewable power resources into the grid, there are unintended and adverse consequences.   This is proving especially to be the case with wind facilities in Europe and the United States.

One of the underlying themes at an inaugural two-day workshop, “Wholesale Electricity Markets – Hurdles to Overcome,” hosted by Northwestern University’s Kellogg School at the end of January was that the natural intermittency of wind velocities, combined with tax credits, produces two important unintended adverse results.…
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Energy Market Update on the Pacific Northwest Water Supply

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Throughout the winter and spring, we closely track the water supply in the Northwest and California due to its effect on hydroelectric output and the profound impact that it has on power prices over the spring and summer flows.  When referring to the water supply, we typically measure it in precipitation over a period of time, snowpack in a particular watershed and the subsequent run-off of the melting snow in that area.  The amount of hydroelectric power generated by the seasonal run-off can greatly influence wholesale power prices in the region.  The region depends on this cheap source of power to displace fossil fuel generated electricity and keep prices lower.  Below average run-off in the spring and summer typically results in the need for more expensive fossil fuel plants, such as natural gas, to generate electricity to make-up for the lack of hydroelectric power.…
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The Importance of Using Data to Forecast, Plan & Manage Your Energy Spend

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In today’s energy market, most businesses recognize that they can manage their energy costs but don’t always realize how they can use or harness energy data to strategically procure or manage energy. There are many potential data points in nearly every business or organization, regardless of the size or type, and using that data is key to meeting energy related goals and lowering costs.

Employing a data-informed energy procurement plan can help companies mitigate the risk of price fluctuation, more accurately budget and forecast, and provide flexibility to lower their energy spend and energy consumption enterprise-wide.…
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Golfing Great Jim Furyk Joins the Constellation Team!

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We’re excited to welcome a new member to the Constellation team! We’re pleased to announce a multi-year sponsorship agreement with golfing great Jim Furyk that will feature prominent brand assets and promotional and hospitality opportunities on and off the PGA TOUR.

Constellation’s logo will be prominently featured on Furyk’s tournament apparel, two locations on the golfer’s shirt, for all tournaments and professional functions during the three-year term (2013-2015).

Furyk, a 42-year-old, 20-year Professional Golfers Association (PGA) professional and U.S. Open Champion, also will be featured in promotional materials and participate in Constellation sponsored hospitality events.  Further terms of the agreement were not disclosed.

“Jim is a world class professional who has won 16 tournaments and played at a championship level for two decades,” said Kenneth Cornew, president and CEO, Constellation.  “He’s passionate about winning and his approach to the game is intelligent, analytical and, above all, strategic.  It’s the same philosophy we embrace in helping customers customize a strategy to meet their complex energy and power supply needs.  Jim is a consummate pro our customers can relate to and we’re pleased he’ll be championing the Constellation brand on and off the course.”…
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