The “Wholesale Energy Trading Zone” will be an exclusive area for the top traders to have a place to meet with the hundreds of retail energy suppliers. NEW YORK, NY, USA , July 12, 2022 /EINPresswire.com/ — Energy Marketing Conferences, LLC announced today the addition of an exciting new showcase hall to the Energy Marketing Conferences,
Inflation is impacting all aspects of business these days, and energy is no exception. A rise in inflation is being driven by supply and demand mismatches in the current market, a shift in consumer demand resulting from the global pandemic, and impacts from the Russian invasion of Ukraine. With the increased costs of oil, natural
Rapidly Rising Energy Pricing Brings Focus to Renewable and Clean Energy Solutions - Read more
Energy retailers face working capital squeezes and unsecured credit exposures TL;DR Energy retailers face increasingly stringent requirements to post security Energy retailers have limited options when securing and/or financing their own receivables Existing credit providers struggle to provide a comprehensive, streamlined solution Rising commodity prices and changing credit requirements mean energy retailers are required to
Alternative Ways to Post Security and Extend Credit to Customers - Read more
Leading energy retailers are being proactive by offering compelling solutions to retain customers. TL;DR Energy retailers face growing competition, a crowded ecosystem, and high customer churn. Retaining customers means providing them with a suite of innovative solutions to help them manage their energy consumption. Retailers can’t do it all by themselves — they need to
World events, policy changes, and dropping domestic energy production has led to the fastest growth in residential electricity rates since 2008. If this trend is consistent with previous inflationary periods, this may be just the beginning of a prolonged period of rising home electricity costs and living expenses. So what does this mean for retail
As a Retail Energy Provider, Are You Ready for Energy (Hyper) Inflation? - Read more
It is no secret that in 2022, the U.S. retail energy landscape is more crowded than ever. As many markets across the U.S. continue to move toward energy deregulation, an increasing number of residential consumers now have added power and choice when it comes to selecting their energy provider. With nearly 60% of deregulated households
Going the Extra Mile: How to Stand Out in a Highly Competitive Energy Market - Read more
Cloud-Native is an approach to software development based on cloud computing to make applications scalable and resilient in the face of rapid change. Cloud-Native applications are designed for elasticity, supporting a continuous delivery process that puts agility first. A well-designed Cloud Native application will scale up and down automatically, adapt to cloud provider conditions, utilize
As we move into 2022, Merger and Acquisition Activity in the energy industry is at record levels and is predicted to grow significantly in the coming years, according to a recent study by Ernst and Young. Merger and Acquisition will be one of the major sources of competitive advantage and long-term profitability, and it will
Mergers and Acquisitions Are Risky Business for Technology Investment - Read more
It was exactly a year ago this month that Texas experienced a power grid fallout due to severe winter weather – a total anomaly in the history of the state. Even though the Texas fallout wasn’t the first time we’ve seen weather anomalies cripple the power grid and spell financial doom for organizations that were
The Texas Power Grid Fallout: View from a Risk Manager - Read more
One year ago, Winter Storm Uri caused catastrophic damage to Texas resulting in power loss for more than 4.5 million people and roughly 57 people died from hypothermia.1 The record-setting storm plunged the state into below-freezing temperatures for over a week. It’s estimated the economic toll Texas sustained ranged from $80-$130 billion due to power
Keeping the Lights On Isn’t Only ERCOT’s Responsibility - Read more
