Energy Consulting News

On Monday, it was reported that worldwide CO2 emissions climbed more than 1.3 percent to over 31.5 billion tons in 2012. The estimates reported by France’s IEA showed China ranking as the world’s top emitter, contributing more than 9 percent of global emissions.

While the gain was quite large, it was actually one of the lowest China has seen in ten-years – proving its efforts to go “green” and embellish on energy-efficient practices are showing progress in the giant economy.

Meanwhile, in the U.S., the greater deployment of natural gas in power generation has resulted in emissions to be reduced by around 200 million tons. This has helped our nation recede back to carbon emissions it achieved in the mid-1990s.

U.S. President Barack Obama instructed his administration to speed up the reconstruction of the power grid. In a seven-page memo released by the president last Friday, Obama called our nation’s electric grid “the backbone of our economy.” He agreed that we must continue to modernize the electric grid – such as transmitting electricity generated from renewable-energy projects in rural areas to dense urban centers with large electric loads.

His call for revitalizing the grid is directed at making blackouts minimal and the utilities less vulnerable to cyber-attacks.

"In order to ensure the growth of America's clean energy economy and improve energy security, we must modernize and expand our electric transmission grid," the president explained in his memo. "Modernizing our grid will improve energy reliability and resiliency, allowing us to minimize power outages and manage cyber-security threats."

The U.S. Energy Information Administration (EIA) released a report on the anticipated reserves of electric capacity for the upcoming summer season. The metric, which measures expected supply of electricity over the demand for electricity, is forecasted to be below target levels in Texas – much like it was for last summer. Read more about Texas electric rates here.

California, by contrast, is seeing an overall reserve model that has improved but may be of concern during harsh weather conditions or when available supply is compromised. Click this link to learn more.

In the energy industry, the simplest strategy to maintaining reliability is to always have an excess of generation and transmission capacity to be prepared for adverse situations that could cause a blackout. The reserve margin is the measure of the current supply and demand situation for a region. Grid planners, like ERCOT or PJM, compare their regional estimates of reserve margins to reference levels to determine the adequacy of the supply for the region. Unfortunately, it can be difficult to expect what electricity demand will be in the future and building new power plants can take several years.

Last Wednesday, the Connecticut state Senate passed a much-awaited comprehensive state energy plan (28-3) – which later headed to Governor Malloy’s desk for signature.

The bill changes the policy on a number of energy-related issues, such as metering, carbon emissions, natural gas utility infrastructure, along with energy rate structuring for electric and natural gas companies. The plan comes right from the “Comprehensive Energy Strategy” that Governor Malloy and the state’s energy commissioner Dan Esty first laid out last summer to bring the state’s energy customers cleaner, more reliable services along with lower energy rates.

Energy consulting firm BidURenergy, Inc. (BUE) was ranked on the “Fastest Growing Companies in WNY” list by Buffalo Business First this week for the 2nd consecutive year.

Buffalo, NY – June 12, 2013

Energy consulting firm, BidURenergy, Inc. (BUE), was listed in the ranking of the “fastest-growing companies in WNY” by the Buffalo Business First report this week. This is the 2nd consecutive year the company has earned a spot on the prestigious ranking of businesses.

The ranking honors businesses according to sales growth. All eligible businesses are private companies that have been in business for at least three years and are headquartered in Western New York.

BidURenergy ranks among the fastest growing companies as a result of its aggressive energy savings campaign with thousands of clients in the business sector over 20 states. The firm helps its clients with their energy management, yielding them up to 20 percent in energy-cost savings.

The firm, headquartered in Cheektowaga, New York, employs more than 50 WNYers in energy consultant, analyst, sales and administrative positions. BUE is looking to steadily hire more employees, particularly in the sales positions.

About BidURenergy, Inc. - BUE is an electricity and natural gas consulting firm with thousands of clients across the nation, specializing in energy procurement auction administration, and utility bill auditing. The firm’s energy services are available to industrial, commercial, and retail companies. More information is available by clicking this page.