Yesterday, Shell Energy North America announced that they have officially signed an agreement to purchase MP2 Energy LLC. The signed agreement is only the first step in the acquisition process, as the agreement still needs to be approved by regulators. This approval process is expected to wrap up before the last few months of 2017. According to a recent press release published by Cision PR Newswire, Glenn Wright, Vice President of Shell Energy North America provided the following statement: “We are proud to bring MP2 into the Shell Energy North America family,” he said. “MP2 has established itself as a significant...
While energy deregulation aims to help people afford the electricity they use, the fact that it opens the electricity market up to competition can sometimes encourage the wrong kinds of people. Energy deregulation allows organizations known as electricity providers (and their affiliates) to offer supply related energy services to energy consumers.  The vast majority of these organizations and the people working for them are legit and offer many different types of products and services that are reasonable, fair, and are advertised with honesty and transparency. However, there are individuals out there who try to take advantage of consumers. They run...
There seems to be a lot of talk about cybersecurity lately.  At first glance, it might seem like a subject that doesn’t really apply to energy, however if we take a closer look, we can see that energy related cybersecurity is extremely important. We know this because the Department of Energy has recently released a cybersecurity strategy to try and strengthen our electricity grid’s security, processes and management. The reason why they developed this strategy is to try and better manage the hacking activities that have taken place in recent years. Before we dive into the strategy and the different ways...
It may come as a surprise that what you pay for power is a culmination of many factors. A lot goes into flipping on that switch: electricity must be generated and delivered through equipment that operates on fuel and requires building and maintenance costs. When the prices of these things increase or decrease, so does your electricity bill.  As a matter of fact, prices change every minute, but customers are charged based on seasonal demand. There are so many factors, some large, some small, that go into determining the price of electricity in the United States: Cost of Fuels: Electricity has to be generated and delivered, and these processes take energy supplied by fuels. As you probably know, fuel prices vary, which in turn affects the cost of electricity. Power Plant Costs: Like anything else, power plants need to be built and maintained. That, plus the operating costs, have an impact on electricity prices. Transmission and Distribution System Costs: Like the point above, distribution and delivery systems also need to be built, maintained, and repaired when necessary. Weather: Inclement weather can work for or against you when it comes to electricity costs. Rain and snow can assist in cheaper hydropower generation, while wind keeps turbines spinning. However, extreme weather that increases the demand for electricity can ultimately make it more expensive. Regulations: Regulations vary per state, with some service/utility...
There seems to be a lot of talk about cybersecurity lately.  At first glance, it might seem like a subject that doesn’t really apply to energy, however if we take a closer look, we can see that energy related cybersecurity is extremely important. We know this because the Department of Energy has recently released a cybersecurity strategy to try and strengthen our electricity grid’s security, processes and management. The reason why they developed this strategy is to try and better manage the hacking activities that have taken place in recent years. Before we dive into the strategy and the different ways...
There seems to be a lot of talk about cybersecurity lately.  At first glance, it might seem like a subject that doesn’t really apply to energy, however if we take a closer look, we can see that energy related cybersecurity is extremely important. We know this because the Department of Energy has recently released a cybersecurity strategy to try and strengthen our electricity grid’s security, processes and management. The reason why they developed this strategy is to try and better manage the hacking activities that have taken place in recent years. Before we dive into the strategy and the different ways...
Fort Worth has, for the most part, followed in the footsteps of the state. In 2013, the American Council for Energy Efficiency ranked Fort Worth 26th in the list of America's most energy-efficient cities. The use of green energy in Fort Worth will continue to rise as the city's new Sustainability Task Force aims to make the city's development and growth more sustainable.
×