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Amazon pledges $2 billion fund to invest in clean energy

Jeff Bezos, Amazon’s founder has constantly made rounds in the media for years. His recent projection of becoming the world’s first trillionaire created an uproar. However, the conglomerate has just promised to invest $2 billion towards green energy. Due to their large extent of worldwide business, their footprint has a significant environmental impact protested by many activists. Focusing on zero carbon, sustainable development, and a better future, Amazon has pledged to be net carbon neutral by 2040. Let’s see if any other retail giants follow suit in the next few years.

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.nbcnews.com/tech/tech-news/amazon-pledges-2-billion-fund-invest-clean-energy-n1231854

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The True Impact Of COVID-19 On Natural Gas Demand

2020 has seen a record decline in natural gas usage. Covid-19 hit directly after a warmer winter in the northern hemisphere. Both factors created the largest shock in the history of natural gas global markets and severely impacted the industry. Demand is expected to drop by 4% year on year and all regions with major markets will be hit; losing about 75% of consumption this year. Markets are adjusting supply and trade resulting in high volatility. Future developments will have a lasting impact from this pandemic and we will see more uncertainties come to light as the year progresses.

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://oilprice.com/Energy/Energy-General/The-True-Impact-Of-COVID-19-On-Natural-Gas-Demand.html

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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

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Virtual power plants could solve renewable energy’s biggest problem

Unpredictable weather can be a problem for renewable energy sources such as those that rely on clear skies or a steady wind. A virtual power plant can potentially close the gap between those challenges without supplements from fossil fuels. By connecting various sources of clean energy production, generation, and storage through a cloud-based platform, these aspects can be controlled to ensure adequate energy meets distribution needs.

Forecasts, production and storage data along with market prices help match demand with supply in real time. However, it is not without faults and finding a balance between all locations is key. Cyber security is also a threat and must be a priority investment. Another large step towards a green energy future in the making.

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.channel3000.com/news/virtual-power-plants-could-solve-renewable-energys-biggest-problem/1140159601

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Micro Power Grids Emerge as Way to Keep Electricity on During Shutoffs

California residents recently underwent massive blackouts due to PG&E’s decision to shut down power in hopes to decrease the wildfire risk. Hundreds of thousands were left without power for days. However, Fremont, CA installed “a microgrid, a small, self-contained electrical system, around a fire station”. Using solar panels, batteries and a generator, they can operate independently and focus on public safety. These microgrids are better for the environment, save customers money on energy bills, and provide safety nets for many that require electricity. The CA Public Utility Commission is exploring similar projects to see how these technologies could be implemented, especially for blackout situations.

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.kqed.org/science/1948951/micro-power-grids-emerging-as-a-way-to-keep-power-on-during-shutoffs

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Trader Abbie – Natural Gas

The NYMEX front-month natural gas contract settled slightly lower on Wednesday as the market juggled colder weather forecasts and excess supply.

The front-month contract fell 3.6 cents to settle at $2.349/MMBtu, trading within a range of $2.293-$2.384/MMBtu.

“[Natural gas] continues to bounce off the $2.20[/MMBtu] level and is seeing some resistance coming up at the $2.40[/MMBtu] level. Talks of colder weather in the Midwest are giving it a little bit of a lift.”

According to a survey conducted by S&P Global Platts, storage inventories are expected to increase to 108 Bcf for the week ending October 10. This injection sits 27 Bcf above the yearly average of 81 Bcf and sits 26 Bcf above the storage injection level at this time last year.

The most recent 8 to 14-day weather outlook from the National Weather Service calls for a likelihood of warmer-than-average temperatures in the Southwest and parts of the Northeast, with a likelihood of cooler-than-average temperatures in the Midcontinent, Southeast, parts of the Northeast, and Texas.

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.

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