Market News
Our Take on the Market
The energy market is never stagnant, and it is important to us that our clients understand the many moving parts to the industry and how they relate to business decisions.
To uphold our value of transparency, we have stocked this page with important and timely information about the energy markets.
We’re here to help. Contact us if you’d like to discuss any of the information included below.
Market News
The resources below are offered to provide an in-depth look at different aspects of the ERCOT and PJM market. As important changes occur, new information will be uploaded to keep our clients educated on the ever-changing markets.
We are all becoming aware of the potential for economic disruption due to the COVID-19 pandemic. The impact on facilities will likely vary from industry sector to industry sector. For instance, within the commercial and industrial (C&I) industry, production runs, raw material availability, and demand should be drivers for consumption, probably falling with negative impacts.
As you likely know, on June 21st, 2021, the city of Lubbock will enable competition for electricity by transitioning from a regulated jurisdiction to a deregulated jurisdiction, thus officially ending Lubbock Power & Light’s monopoly.
Texas regulators approved a proposal to change the way wholesale electricity markets work in Texas, a move expected to significantly boost revenues for power generators while increasing electricity prices for consumers and businesses.
HOUSTON, TX (9/18/2018) – Infinity Power Partners, LLC, a Houston-based retail energy brokerage and management company, entered into an agreement with Incite Energy, LLC to purchase a portion of its business that includes its multifamily and student housing assets. Infinity Power Partners has acquired assets and will begin managing operations effective immediately.
The changing world of power delivery continues to present challenges and opportunities for market participants. Adapting to these changes evolves as technologies address inefficiencies. Demand Side Management began with demand response functions proffered by an emerging sector that charged as much as 50% of revenue.
Houston's CenterPoint Energy has completed an electric transmission line that will bring power to Houston, likely easing price spikes and congestion in a region where power demand outpaces the local transmission capacity.
The park, which opened April 2008, is renewing its agreement with Green Mountain Energy Company, in continued collaboration with Infinity Power Partners, through 2028 to provide electricity for all of the facilities’ needs from concerts and movies to installations like the seasonal ice-skating rink, marking a total of 20 years of commitment to renewable energy for the 12-acre park in the heart of downtown Houston.
The question of sufficient resource adequacy in a Texas summer is evidencing itself in a spike of power prices. In years past, price spikes based on real shortages were natural gas-driven (think 2006 with Rita and Katrina where infrastructure damage included offshore pipes and Henry Hub force majeure).
As technicians, we look at various measurements of price action to guide decisions regarding future direction. Daily, weekly, and monthly are terms regularly tracked for individual trading months, calendar year strips, and other specific pieces of the forward curves as needed.
Infinity Power Partners knows that managing utility costs starts with measurement, which is why our Infinity Intelligence Suite focuses on monitoring and reducing resource consumption. Services include: data services and invoice management, automated demand response/real-time price controls, and ENERGY STAR commercial services.
The average gas bills for Houston-area residents could rise in six months if a rate increase sought by the natural gas utility is approved by state regulators.
This milestone marks a decade of commitment to renewable energy for Discovery Green. First teaming up with Green Mountain in 2008, Discovery Green has since become a showcase for environmental stewardship and energy conservation in downtown Houston and has avoided more than 22 million pounds of carbon dioxide by partnering with Green Mountain.
CenterPoint Energy Houston Electric (CEHE), Staff of the Public Utility Commission of Texas, certain cities with original jurisdiction and other parties have reached an unopposed settlement to establish new charges under CEHE’s Distribution Cost Recover Factor charged to retail electric providers, effective September 1, 2016
The management of power procurement continues to evolve. In the early days of deregulation, the forward curves were relatively low priced and gently sloped up as term increased.
The third party space (broker, consultant, or channel partner) manages, advises, and executes procurement for about 50% of total load in deregulated jurisdictions (or thereabouts according to an industry recognized and respected consulting group).
Historically, ERCOT real time pricing, whether it was MCPE (Marginal Clearing Price Energy) or LMP (Locational Marginal Prices), has provided on average the lowest cost of procurement.
Resource reliability, “energy only” model, “capacity auction” model: Is there a change coming for Texas? The discussion is in the news. There are smart people on both sides of the discussion.
Last Friday, October 25th, comments by Texas Public Utility Commissioners Ms. Nelson and Ms. Marty indicating their preference for a mandatory reserve margin of generation made the news. What that means is unclear.
Ever since the natural gas price spikes of late 2005 through 2006 (precipitated by the supply disruptions of Katrina and Rita) and continuing through the speculative bubble spike climaxing in 2008, folks on the consultant side of power procurement have enjoyed a fairly easy sell if they were talking to those loads who had the suitability inclusive of appropriate risk appetite to lock a heat rate and wait on natural gas prices to come back to earth.
The University of Houston Alumni Association has partnered with Houston-based Infinity Power Partners, an energy management and consulting firm, to create a unique retail electricity program offering discounted electricity rates for both home and business to alumni and friends.