How New York City plans to end natural gas, oil use in buildings
New York City’s goal of carbon neutrality is set for 2050. To help get there, they have a goal to reach 100% emissions-free power by 2040 by ending fossil fuel use in large building systems. Part of the plan is to follow California’s suit of denying gas hookups in new buildings or renovations. Starting with government owned structures will allow them to set the example for the rest of the city. Since NY has vast climate differences compared to CA, natural gas usage is higher and skeptics aren’t sure it will play out the same way it did on the west coast. Alternatives are being considered to ensure they accomplish those goals but there are many cogs in the machine that we need to see work together.
Realgy Energy Services is a registered Retail Energy Marketer in the states of Illinois, Michigan, Indiana and Ohio. We offer Service Plans that will provide electric and natural gas at wholesale pricing direct to customers without any utility markup. Our Service Plans work with the local utility to provide seamless service and annual energy savings. Service Plans include Guaranteed SavingsTM, ManagedPriceTM, ManagedGreenTM Index, Fixed and PriceAssuranceTM.
Realgy owns and operates 7 solar plants in Illinois and is looking to invest in additional locations.
Additional Information: https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/how-new-york-city-plans-to-end-natural-gas-oil-use-in-buildings-57232171
Scotland Is on Track to Hit 100 Percent Renewable Energy This Year, Slàinte Mhath!
Scotland, like many countries, has been moving away from fossil fuels and replacing their energy generation with renewables. Wind is the largest power source in the nation and is continually growing. Enough energy is being created to power every resident’s home and more. Their target is to reach net-zero greenhouse gas emissions by 2045. Offsetting by planting more trees and using carbon-capture technology will allow them to emit some gases and still net-zero by their goal date. They are on the path to 100% green energy and seem to be able to do so by the end of 2020. Hosting the United Nations’ international climate talks in November this year will allow the world’s largest emitters to view firsthand the results of reaching those renewable goals.
Realgy Energy Services is a registered Retail Energy Marketer in the states of Illinois, Michigan, Indiana and Ohio. We offer Service Plans that will provide electric and natural gas at wholesale pricing direct to customers without any utility markup. Our Service Plans work with the local utility to provide seamless service and annual energy savings. Service Plans include Guaranteed SavingsTM, ManagedPriceTM, ManagedGreenTM Index, Fixed and PriceAssuranceTM.
Realgy owns and operates 7 solar plants in Illinois and is looking to invest in additional locations.
Additional Information: https://earther.gizmodo.com/scotland-is-on-track-to-hit-100-percent-renewable-energ-1841202818
Carbon Dioxide Reached a New High in Humanity’s Existence
Earth’s atmosphere tracked the highest carbon dioxide level in 800,000 years of history last week. Carbon emissions have been rising to record levels since the Industrial Age of burning fossil fuels. We should be more than concerned about dropping these numbers due to the increased heating up of the planet causing multiple public health problems along with environmental changes. You’ve seen the wildfires of late. We need “radical changes to the global economy” or we will continue to see worsening conditions.
Realgy Energy Services is a registered Retail Energy Marketer in the states of Illinois, Michigan, Indiana and Ohio. We offer Service Plans that will provide electric and natural gas at wholesale pricing direct to customers without any utility markup. Our Service Plans work with the local utility to provide seamless service and annual energy savings. Service Plans include Guaranteed SavingsTM, ManagedPriceTM, ManagedGreenTM Index, Fixed and PriceAssuranceTM.
Realgy owns and operates 7 solar plants in Illinois and is looking to invest in additional locations.
Additional Information: https://earther.gizmodo.com/carbon-dioxide-reached-a-new-high-in-humanitys-existenc-1841175734
The End May Be Nearer: Doomsday Clock Moves Within 100 Seconds Of Midnight
Originally created to help the public recognize the threat atomic weapons pose to humanity, the Doomsday Clock has evolved to include various hazards that endanger the world. Since its creation in 1947, the clock has been moved many times. The farthest was 17 minutes away in 1991 when the Cold War ended. In recent years it has increased to 2 minutes. However, it is currently the closest it’s ever been at 100 seconds to midnight. Many reasons for the changes stem from global agreements regarding nuclear arms and the growing number of climate change disasters. The board formed by scientists and comprised of 13 Nobel laureates urges the public to heed this warning and take action before it’s too late.
Realgy Energy Services is a registered Retail Energy Marketer in the states of Illinois, Michigan, Indiana and Ohio. We offer Service Plans that will provide electric and natural gas at wholesale pricing direct to customers without any utility markup. Our Service Plans work with the local utility to provide seamless service and annual energy savings. Service Plans include Guaranteed SavingsTM, ManagedPriceTM, ManagedGreenTM Index, Fixed and PriceAssuranceTM.
Realgy owns and operates 7 solar plants in Illinois and is looking to invest in additional locations.
Additional Information: https://www.npr.org/2020/01/23/799047659/the-end-may-be-nearer-doomsday-clock-moves-within-100-seconds-of-midnight
Wind Energy supplies nearly 7% of US Electric Demand
There are many ways to measure growth such as this table showing how wind energy went from near 0% to over 7% in less than 9 years.
During that same time, coal declined by half as solar increased by 2%.
During this period, US electric consumption increased by 10%.
If you have followed any technology over the last several years, you are aware that natural gas and solar use has increased but wind is the real story.
Wind energy is the least costly energy source in the US. This fact is not a political statement but can be verified by any US utility that sought competitive bids for energy supply in the last 9 years.
The forecast is more of the same. This shift in energy production occurred without tapping the largest wind energy resource utilized by Asia and Europe: off-shore wind.
Wind energy requires jobs. For every loss of a coal job, at least 1.5 jobs were added in wind and clean energy. However, job losses and gains were typically not in the same areas.
Realgy Energy Services is a registered Retail Energy Marketer in the states of Illinois, Michigan, Indiana and Ohio. We offer Service Plans that will provide electric and natural gas at wholesale pricing direct to customers without any utility markup. Our Service Plans work with the local utility to provide seamless service and annual energy savings. Service Plans include Guaranteed SavingsTM, ManagedPriceTM, ManagedGreenTM Index, Fixed and PriceAssuranceTM.
Realgy owns and operates 7 solar plants in Illinois and is looking to invest in additional locations.
Additional Information:
https://www.awea.org/2018-market-report_us-wind-power-grew-8-percent-in-2018
https://en.wikipedia.org/wiki/Growth_of_wind_power_in_the_United_States
https://www.cnbc.com/2019/10/31/us-wind-energy-capacity-now-over-100-gigawatts-says-new-report.html
More wind, solar and storage could add up to savings for Midwesterners
Do you want to pay less for energy used to run all your electronics? What’s keeping costs high? Would you believe it’s the use of coal, oil and natural gas?
In the Midwest and Great Lakes area, the cost of electricity could decrease by over $48/year for the average residential customer. How? By eliminating the way electricity is priced at the wholesale level.
When oil, coal and nuclear energy were the primary fuel sources, payments for energy were based on the ability to deliver energy quickly. This meant the large fossil fuel plants had to be kept in a ready-to-generate mode.
Today’s wind and solar energy are kept in a ready state without any fuel costs. So, transferring to wind and solar while not paying fossil fuel plants to stay ready would result in large and sustainable cost reductions.
Realgy Energy Services is a registered Retail Energy Marketer in the states of Illinois, Michigan, Indiana and Ohio. We offer Service Plans that will provide electric and natural gas at wholesale pricing direct to customers without any utility markup. Our Service Plans work with the local utility to provide seamless service and annual energy savings. Service Plans include Guaranteed SavingsTM, ManagedPriceTM, ManagedGreenTM Index, Fixed and PriceAssuranceTM.
Realgy owns and operates 7 solar plants in Illinois and is looking to invest in additional locations.
Additional Information: https://www.renewableenergyworld.com/2019/10/02/report-more-wind-solar-and-storage-could-add-up-to-savings-for-midwesterners/#gref
The next target in the climate-change debate: your gas stove
History was made when Berkeley, CA banned natural gas systems in new buildings. Now multiple cities cross-country are following suit. The strategy is to move towards a greener energy solution through the electric grid. Renewable energy is increasingly powering the grid with many states planning to become fully reliant on green energy by 2050.
However, opposers say increased usage of gas cuts carbon emissions since it burns cleaner than oil or coal. Improved technologies also limit emissions showing a recent decline in those numbers. Other disputes of the proposal include that many business models would be upended, completely halted or suffer large losses. Either way you look at it, the hope is to improve the environment with the least casualties along the way.
Realgy Energy Services is a registered Retail Energy Marketer in the states of Illinois, Michigan, Indiana and Ohio. We offer Service Plans that will provide electric and natural gas at wholesale pricing direct to customers without any utility markup. Our Service Plans work with the local utility to provide seamless service and annual energy savings. Service Plans include Guaranteed SavingsTM, ManagedPriceTM, ManagedGreenTM Index, Fixed and PriceAssuranceTM.
Realgy owns and operates 7 solar plants in Illinois and is looking to invest in additional locations.
Additional Information: https://www.reuters.com/article/us-usa-naturalgas-buildings/the-next-target-in-the-climate-change-debate-your-gas-stove-idUSKCN1VU18Q
After months of contentious debate, Ohio nuclear bailout bill becomes law
The State of Ohio passed a bill to pay a nuclear power plant $150 million/year to keep operating. It was immediately signed by the Governor.
Yes, you read that right.
A new tax, $0.85/month on all residential customers from 2021 – 2027 is expected to generate $170 million/year.
In addition, this new law will drop the renewable requirements for utilities from 12.5% to 8.5% by 2026. But, after 2026 there is no further requirement. Yep- back to free markets.
This action is in sharp contrast to surrounding states that increased the renewable requirements for energy delivered to their residents.
Ohio chose to bail out a failing power plant at the expense of its future in renewable power.
Realgy Energy Services is a registered Retail Energy Marketer in the states of Illinois, Michigan, Indiana and Ohio. We offer Service Plans that will provide electric and natural gas at wholesale pricing direct to customers without any utility markup. Our Service Plans work with the local utility to provide seamless service and annual energy savings. Service Plans include Guaranteed SavingsTM, ManagedPriceTM, ManagedGreenTM Index, Fixed and PriceAssuranceTM.
Realgy owns and operates 7 solar plants in Illinois and is looking to invest in additional locations.
Additional Information: https://www.dispatch.com/business/20190723/after-months-of-contentious-debate-ohio-nuclear-bailout-bill-becomes-law
The Worst Is Still To Come In Energy Markets
August hasn’t been a great month for the stock market this year. However, energy stocks are taking the largest hit and are the only sector currently in a bearish state. Due to the U.S. – China trade war, crude oil prices lowered and the domino effect into the energy industry is projected to worsen. With the sector trending downward, Ari Wald from Oppenheimer recommended to CNBC to “stay away from energy”.
Realgy Energy Services is a registered Retail Energy Marketer in the states of Illinois, Michigan, Indiana and Ohio. We offer Service Plans that will provide electric and natural gas at wholesale pricing direct to customers without any utility markup. Our Service Plans work with the local utility to provide seamless service and annual energy savings. Service Plans include Guaranteed SavingsTM, ManagedPriceTM, ManagedGreenTM Index, Fixed and PriceAssuranceTM.
Realgy owns and operates 7 solar plants in Illinois and is looking to invest in additional locations.
Additional Information: https://finance.yahoo.com/news/worst-still-come-energy-markets-230000716.html
Huge victory for the Arctic!
The oil drilling ban protecting the Arctic Ocean was brought to court in an attempt to be overthrown. However, Earthjustice fought for it to be restored. Their goal to preserve the wild is a constant battle and unfortunately not everyone believes in the importance of defending it. Efforts to prevent environmental destruction benefit the entire planet and our ecological systems. The fight continues with the hope to preserve various areas including the Western Arctic and all inhabitants.
Realgy Energy Services is a registered Retail Energy Marketer in the states of Illinois, Michigan, Indiana and Ohio. We offer Service Plans that will provide electric and natural gas at wholesale pricing direct to customers without any utility markup. Our Service Plans work with the local utility to provide seamless service and annual energy savings. Service Plans include Guaranteed SavingsTM, ManagedPriceTM, ManagedGreenTM Index, Fixed and PriceAssuranceTM.
Realgy owns and operates 7 solar plants in Illinois and is looking to invest in additional locations.
Additional Information: https://earthjustice.org/features/photo-essay-arctic?utm_source=crm&utm_medium=email&utm_term=info&utm_campaign=190402_Info_Arctic&utm_content=ResponsiveImageLink