What a Difference a Year Makes

What a Difference a Year Makes Last September, our COO, Jim McDonnell, was the lead-off speaker for the first session of the Maryland Clean Energy Center’s Energy Economy Speaker Series. The topic was State of the Sector: Impacts of Covid-19 on the Energy Economy. Jim provided a broad energy market update and then focused on…

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Energy Concepts: Power versus Energy

It is often tempting to use the words “power” and “energy” interchangeably. However, they are not, in fact, synonyms. In this blog post, we are going to share a brief explanation of the difference between the two.  Fundamentally, power refers to a rate while energy refers to an amount. Power is a measure of energy…

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Avalon Energy Services Turns 10 Years Old This Month

Late 2008/early 2009 was an unsettling time.  Bear Stearns was bailed out, Lehman Brothers went bankrupt, the housing market collapsed, credit markets were frozen, the stock market fell more than 40%, the unemployment rate was approaching 10%, and energy markets were in turmoil.  The Great Recession was underway.  Despite this uncertainty, during April of 2009,…

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Baltimore-Washington Industrial & Logistics Forecast

Avalon Energy Services is pleased to announce it is co-sponsoring Bisnow’s July 24 educational networking event, “Baltimore-Washington Industrial & Logistics Forecast: How Quickly is the Market Actually Growing and Can You Capitalize on It?”  Topics to be discussed include: With more and more companies adapting to an e-commerce model, are they prepared for the industrial…

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NCAC – 22nd Annual Washington Energy Policy Conference

ONE WEEK FROM TODAY Secure your spot here: https://www.ncac-usaee.org/event-2845352 Energy Technologies and Innovations: A Disturbance in the [Market] Force Thursday, April 12, 2018, 8:30 AM to 6:00 PM The George Washington University Keynote speakers: Mark P. Mills, Senior Fellow, Manhattan Institute Gil Quiniones, President and CEO, New York Power Authority In addition to these keynote…

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Balancing Congestion

The Federal Energy Regulatory Commission approved a change in PJM’s (the Mid-Atlantic grid operator) tariff, allowing them to shift what are called “balancing congestion” costs to load serving entities.  FERC approved PJM’s tariff revision with an effective date of June 1.  Suppliers have indicated that they intend to pass through these charges.  Suppliers include a…

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Natural Gas and Electricity Are Parting Ways – Part 2

In our last article, Natural Gas and Electricity Are Parting Ways – Part 1, we explored the weakening correlation between wholesale natural gas prices and electricity prices in the Mid-Atlantic.  While natural gas prices have fallen dramatically over the past seven years, and electricity prices have fallen as well, electricity prices have not fallen as…

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Natural Gas and Electricity Are Parting Ways – Part 1

In recent articles, we have explored the dramatic decline in natural gas prices over the past seven years.  See These Are Days To Remember and 10,000 Maniacs Were Right. In the US Mid-Atlantic, natural gas and electricity prices have, over time, tended to move together.  While there has by no means been a perfect correlation between…

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10,000 Maniacs Were Right

The dramatic decline of natural gas prices was the focus of our last article (These Are Days to Remember).  As we noted then, in real dollars, natural gas prices were near all-time lows.  Since then, natural gas prices have continued to fall. Yesterday the November futures contract settled at $2.033 per mmBtu.  The last time…

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