Andy Whitesitt

September 21, 2022

The Race for Nuclear Fusion Is Heating Up

For nearly a century, the scientific community has pursued the goal of nuclear fusion, hoping to invent technology to create plasma, literal star power on Earth at temperatures many times hotter than our sun. The challenges are enormous, but so are the potential rewards. If achieved, fusion can create near-limitless […]
September 8, 2022

California Faces Blackout Risk….Again

Yet another heat wave is scorching California. Temperatures soared into the triple digits, with officials urging residents to conserve energy as the power grid threatened to go dark.  Miraculously, the state managed to avert a crisis after a well-timed text message campaign. At 5:30 PM, California’s grid operator ordered its […]
August 31, 2022

EV Tax Credits May Not Spur Widespread Adoption

The recently passed Inflation Reduction Act significantly changed electric vehicle (E.V.) tax credits. While Energy Fairness enthusiastically supports E.V.s, we have to wonder whether the tax credit changes will help speed the E.V. transition. We’re not alone in our concerns. In fact, U.S. automakers worry that up to 70% of […]
August 24, 2022

Germany Looks Elsewhere for Energy Supplies

More than a decade ago, Germany embarked on its aggressive energy transition, known as Energiewende. With the expectation that wind and solar energy alone could someday power Europe’s largest economy, the country set about aggressively shutting down coal and nuclear power plants. It ended up with an unstable power grid […]
August 18, 2022

Diablo Canyon Gets a Lifeline

For years, Energy Fairness has urged California lawmakers to keep Diablo Canyon, the state’s last remaining nuclear plant, online. Finally, Governor Gavin Newsome heard those calls and has released a draft proposal for extending the lifespan of the two reactors by five to ten years. The proposal calls for keeping […]
August 3, 2022

An Energy Bill By Another Name

After going back and forth over energy and climate-related legislation for over a year, Senate Democrats unveiled the Inflation Reduction Act of 2022 last week. Along with funding for healthcare and changes to the tax code, the bill includes $369 billion in energy security and climate spending. The bill aims […]
July 29, 2022

Cyber Security Actions Leave Us Vulnerable

In May of last year, the Eastern European crime group DarkSide shut down the Colonial Pipeline for six days. The pipeline provides 45% of fuel for the East Coast and its shutdown left thousands of service stations without gas and pushed prices to levels that, at the time, had not […]
July 22, 2022

Germany Needs A Nuclear Option

We’ve written volumes about the failure of Germany’s Energiewende, the nation’s transition to a carbon-free economy by 2038. We’ve also repeatedly written about Germany’s head-scratching decision to pivot away from nuclear energy even as the country’s carbon emissions rose. Now, the energy crisis sparked by Russia’s invasion of Ukraine may […]
July 15, 2022

Energy Fairness Releases White Paper on Electricity Deregulation

As part of our ongoing effort to educate policymakers on emerging trends and significant issues in the electricity marketplace, Energy Fairness has released its latest report on electricity deregulation. With about a quarter of U.S. states having electricity markets that are completely or mostly deregulated, some states continue to consider […]
July 11, 2022

Europe’s Energy Squeeze Continues

Mostly outside of America’s public view, Europe’s energy situation continues to worsen. Only a few weeks ago, Russia’s state gas producer Gazprom reduced gas flow to Europe through the Nord Stream 1 pipeline, causing energy prices to skyrocket amid fears of shortages. Additionally, Gazprom cut off three European Union countries […]
July 7, 2022

ICYMI: Summer Heat Sparks Needed Conversation On Power Reliability

ICYMI: Energy Fairness Executive Director Cline Jones recently authored an op-ed for Fits News, discussing the need for a national conversation on power grid reliability. The original piece can be viewed here.  In the wake of COVID, most Americans for the first time have been forced to face an ugly […]
June 30, 2022

U.S. Drillers Get Creative to Meet Demand

High gas prices continue to plague consumers and dominate social media, a topic Energy Fairness has covered quite a bit lately. Fortunately, U.S. drillers are finding new ways to produce crude oil economically, a development that should help place downward pressure on prices.  While the Biden Administration has called on […]
October 4, 2017

Natural Gas Hedging Works for Customers

Earlier this year, PACE reported on the importance of natural gas hedging as a tool for keeping power prices stable and affordable. With debate continuing about the role of natural gas in our country’s power generation portfolio, we think it’s timely to revisit the topic. Last month, we asked two […]
December 21, 2017

Winter’s Arrival Highlights Value of Natural Gas Hedging

Today’s guest blog is by Andy Whitesitt, Vice President, ACES Power. ACES Power is a national energy management company which helps its members and customers buy, sell and manage energy more efficiently and with less risk.  For the past 15 years, I’ve been responsible for procuring fuel for power generation across the […]
July 4, 2018

Hedging: Freedom from Worry

Recently, Energy Fairness asked Andy Whitesitt, Vice President of Business Development & Customer Service at ACES, to talk with us about hedging basics. We hope the following Q & A interview will help you understand how utility hedging programs work to remove some worry about future costs. Next week, we’ll follow […]
July 11, 2018

Hedging 101, Part 2

This week, we continue our conversation with hedging expert Andy Whitesitt. Over two decades, and as a senior executive with ACES, he’s helped dozens of utilities smooth cost curves and mitigate risk. Hedging helps consumers across the country every day.  What’s the difference between financial hedging and physical hedging? Financial […]