hedging

May 20, 2022

Energy Fairness Releases New Briefing on Net Metering for Policymakers

As customers nationwide explore solar power options, it is critical that policymakers understand the relationship between residential users and electric utilities. A key part of this relationship is the financial arrangement between utilities and customers when a homeowner produces excess electricity and returns that power to the grid, an arrangement […]
May 18, 2022

What’s Next for the Texas Power Grid?

The Texas power grid simply can’t catch a break. The system faced blackouts during a record-breaking winter storm last year, ultimately contributing to more than 200 deaths. You’d think Texas officials would have taken decisive action to prevent this situation from ever happening again.  Sadly, they haven’t. This past Friday, […]
May 10, 2022

Hope May Be On the Horizon for Diablo Canyon

Over the years, Energy Fairness has taken a firm stance against the closure of California’s last nuclear plant, Diablo Canyon. Energy experts have long worried that the Golden State’s power grid is not ready to face the consequences of having the plants close. Nonetheless, the plants have still been scheduled […]
May 4, 2022

Biden Administration Begrudgingly Resumes Oil and Gas Leases

Last month, the Biden Administration announced it would open 144,000 acres of federally-owned lands for new oil and gas leases. Opening these lands to support America’s energy needs is a good thing, but it shouldn’t have taken the Biden Administration so long to see the wisdom of opening new lease […]
April 15, 2022

Russian Invasion of Ukraine Prompts Nuclear Renaissance in UK

Several European countries have found themselves strapped for energy supplies in recent months. The fallout from the Covid 19 pandemic and Russia’s unprovoked attack on Ukraine has caused prices to skyrocket and sparked fears of shortages. Even the world’s most sophisticated and developed countries have not been immune to this […]
April 8, 2022

Biden Administration Takes Action To Secure Critical Rare Earth Minerals

We’ve written many times about the need for the U.S. to secure a reliable supply of rare earth minerals. Unfortunately, shortages and supply chain issues have plagued the industry and ultimately contributed to the slow growth of electric vehicle (E.V.) adoption. Fortunately, the Biden Administration is invoking a Cold War-era […]
March 25, 2022

U.S. Leads the World in LNG Exports

We’ve written many times about the bright future for U.S. liquified natural gas (LNG) exports. Two years ago, we noted how the U.S. was on track to become the world’s largest LNG exporter by 2023. However, we’ve reached that milestone a year early as Europe’s energy crisis has increased demand […]
March 18, 2022

Energy Secretary asks U.S. drillers to ramp up supply

Gas prices have been steadily rising for months now, but Russia’s invasion of Ukraine caused them to skyrocket even more. This unprovoked aggression prompted the Biden Administration to ban imports of Russian oil and liquefied natural gas while acknowledging that consumers will see even more pain at the pump. President […]
March 11, 2022

Germany Keeps Making the Same Mistakes

It seems like we’ve written volumes about Germany’s short-sighted energy transition goals encapsulated in its Energiewende. The Energiewende is the ongoing transition by Germany to a low carbon, environmentally sound, reliable, and affordable energy supply. But unfortunately, this aggressive carbon reduction initiative has only raised costs for consumers and put […]
March 2, 2022

Russia Invasion of Ukraine Highlights Risk of Cyberattacks

In May of last year, a significant ransomware attack shut down the Colonial Pipeline for five days. This critical pipeline provides 45% of fuel for the East Coast. And the sudden shutdown left thousands of service stations without gas, pushing prices to the highest levels in six years. The Colonial […]
February 23, 2022

Transmission battle takes place in New York over whether hydropower is really “green”

A strange battle pitting environmental groups against clean energy advocates is taking place in New York – a state with one of the most aggressive carbon reduction initiatives in the U.S. The issue? Whether the proposed 339 transmission line and the hydropower it will carry from Quebec to New York […]
February 18, 2022

Fusion Experiment Creates Star Power

For five seconds back in December, scientists in the U.K. created a literal star on Earth. While five seconds seems like a woefully short amount of time, the experiment was groundbreaking for the field of nuclear fusion and the future of clean energy. Scientists have been on a quest to […]
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 […]
October 26, 2017

PACE Natural Gas Hedging Panel on Facebook Live Today

At the start of October, PACE debuted a short video drawing attention to the importance of natural gas hedging as a tool for keeping power prices stable and affordable. We also highlighted how natural gas increasingly plays a pivotal role in national security. Our two experts, Andy Whitesitt of ACES, […]
November 30, 2017

Hedging, Natural Gas and National Security

PACE Guest Blog By Captain Leo Goff, Ph.D., Captain, US Navy (Ret.) Even when energy markets seem calm and stable, utilities use price and supply risk management tools such as hedging to maintain predictable fuel supplies and prices.  This is part of the obligation to serve and the duty to maintain […]
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 […]
March 13, 2018

Show-Me State Legislators Show Value of Hedging

Later this week, PACE will offer testimony to the Missouri House of Representatives Utilities Committee highlighting why natural gas hedging helps assure consumer electricity prices are stable and predictable. In February, PACE testified to a key committee of the Missouri Senate. Our goal was and is supporting a pair of […]
April 4, 2018

Hedging Protects More than Just Energy

Brian Munzlinger is a member of the Missouri State Senate, representing District 18. He recently introduced a resolution, which is advancing in the Missouri Senate, to educate consumers and fellow lawmakers about the benefits of allowing utilities to hedge fuel inputs. His April 2 op-ed in the Hannibal Courier-Post appears […]