How Innovation is Driving Change in the Energy Industry

Today we are seeing technological innovations that are going to revolutionize the energy industry, and change how all consumers use energy. The vision for these advancements is to give consumers—large and small—the ability to see a real-time view of how much electricity they are using and how they’re using it. As electricity prices change—sometimes drastically—from one moment to the next, these technological innovations would allow customers to evaluate and adjust how they’re buying electricity to optimize their energy spend.

As all of this innovation takes hold, how will it impact the industry and consumers? We explore this topic in audio Q&A with Stephane Kirkland, Senior Vice President, Strategy & Solutions at Direct Energy Business.

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Stay abreast of the latest market information, updated daily, including natural gas and crude oil prices, on-peak electricity trading, weather and the bullish/bearish factors affecting the markets. Watch our Weekly Market Update broadcast with Hans Rottman, Senior Manager of Market Intelligence.

After falling to its lowest level in seven years in early September, the natural gas market rallied sharply in October, but has since fallen below the levels set in September. On Dec. 3, the January 2010 futures contract and the Calendar 2010 contract reached all-time lows, closing at $4.459 and $4.9529 respectively.

• As the year comes to a close, we recap the top regulatory issues in California and how they have evolved over the 2009 legislative session. Listen to an audio update from Andrea Morrison, Director of Government & Regulatory Affairs for Califonia, discussing the impact of some of these issues on consumers in the state.
  
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• The New York Public Service Commission (PSC) recently approved a change in utility tariff that will change how customers are billed for ancillary services in the NYGE and RGE utility territories beginning on Jan. 1, 2010.
  
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• In early November, the Pennsylvania Public Utility Commission approved a settlement for the default service programs for Metropolitan Edison Co. and Pennsylvania Electric Company beginning Jan. 1, 2011 and ending May 31, 2013.
  
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