Nine states including California, Colorado, Maine, Maryland, Massachusetts, New Jersey, New York, Oregon, and Rhode Island have collectively committed to aiming for electric heat pumps to make up 90% of residential heating, air conditioning, and water heating sales by 2040. What is a heat pump? Heat pumps are an energy-efficient alternative to traditional furnaces and
For today’s blog we sit down with Griffin Hart for a more about his experience as a college intern to full-time employee.
Because of the energy market’s volatility throughout the winter months, it’s important to understand what factors influence these large market swings.
The sun emits enough sunlight in an hour and a half to meet the world’s energy needs for an entire year.
Wind turbines harness the wind’s energy and in turn produce electricity.
There are two primary components of natural gas pricing – commodity price and basis. The commodity price is based on the NYMEX Henry Hub futures price and Basis includes transportation and storage costs.
Your electric rate is composed of various components that together make up the total cost of electricity.
Hurricanes and tropical storms can have significant effects on the energy market due to their potential to disrupt both the supply and demand sides of natural gas and electricity.
The United States is undergoing a shift in its electricity generation, commonly referred to as the “grid mix.” To put it in perspective, there has been a 68% decline in coal-fired generation from 2010 to 2020. In New York City, a large effort is underway to harness clean energy solutions with ambitious sustainability goals. NYC
If you live in the Northeast, you’ve certainly experienced a summer heatwave. On these days, commercial and residential buildings all have their air conditioning units on high. This increases the amount of usage and demand for electricity on the grid. When these heatwaves sustain for multiple days, the grid eventually reaches its highest amount of
