2 min read

Client Spotlight: Hebrew Home at Riverdale

By 5 on April 29, 2021

The Hebrew Home at Riverdale by RiverSpring Living, located in New York City, serves older adults of all faiths through compassionate care and active community engagement. Guided by Jewish values for over 100 years, Hebrew Home is committed to healthy aging and the highest quality of life through innovative programs and services designed to meet the evolving needs of their residents. Hebrew Home is a nationally recognized long-term care facility that also provides specialized services, including elder abuse prevention and memory care to over 18,000 patients and residents.

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Topics: Clients Procurement Sustainability Resiliency
10 min read

April 2021 - Quarterly Market Letter

By Jon Moore on April 21, 2021

On behalf of the team at 5, I am pleased to forward our market letter for the first quarter of 2021. This letter focuses on the latest Black Swan event, Uri, the winter storm that hit Texas in mid-February. The storm caused a catastrophic loss of generation and triggered an extended period of extremely high energy prices. This letter provides: (i) a summary and chronology of the legal and regulatory proceedings that Uri has spawned; (ii) a snapshot of how the storm has impacted a variety of market participants including municipal utilities, wind farms, renewable purchasers, commercial and industrial buyers, and the natural gas market; and (iii) an overview of legislative efforts to address electric reliability in ERCOT.

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Topics: Markets Natural Gas ERCOT Newsletters Education Resiliency
3 min read

Microgrids are a Macro Deal

By 5 on March 30, 2021

Despite the name, microgrids are a big deal. In fact, microgrids are a hot topic of conversation lately because of the crucial role they play in business continuity and resiliency planning. Thanks to a handful of unpredictable weather events, a wide variety of stakeholders are turning to microgrids to keep power flowing when natural disasters or catastrophic grid failures disrupt the utility grid’s normal operations.

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Topics: Demand Response Sustainability Education Resiliency
3 min read

New Efficiency Standards for New York

By 5 on March 30, 2021

On Tuesday, March 16, 2021, the New York State Energy Research and Development Authority (NYSERDA) released a status report on “Regulations Establishing Energy Efficiency Standards.” In addition to reporting on the status of energy efficiency regulations, this report includes recommended amendments to New York law that would add new categories to the state’s energy efficiency performance standards. These recommendations have been crafted into a “Program Bill” – legislation written by the Governor’s administration – which is being shopped around in the State Legislature for a sponsor.

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Topics: Markets NYISO Resiliency
2 min read

Your Business Needs a Whole Health Energy Plan

By 5 on February 26, 2021

Since the dawn of electricity deregulation, most commercial and industrial clients have relied on brokers and sales reps as their primary source of education and strategy development. Clients meet with a different set of sales people to discuss procurement, engineering, demand-side management, sustainability, and resiliency, leading to a fractured decision-making process and piecemeal strategies that lack depth, diversity, harmony, and foresight. When energy prices are falling, the weather is following normal patterns, and suppliers are offering low bids in a race to the bottom, any sales rep or broker running a simple procurement process can appear to be adding value to your business.

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Topics: Markets Procurement Demand Response Sustainability Education Resiliency
3 min read

Moments from Complete Failure

By 5 on February 26, 2021

From time to time, events occur that reshape and redefine an industry. These events can often prompt stakeholders, lawmakers and customers to question and reevaluate some of the basic premises on which an industry was built. This is the kind of event that happened across Texas during the week of February 15, 2021. While the power outages and the arctic temperatures sent shockwaves throughout the state’s energy markets, the personal toll was equally, if not more, devastating. Millions of Texans were without heat, electricity, and water for days where the thermometer struggled to climb above freezing. But, as is often the case, calamity brings out the best in people as neighbors came to each other’s aid to help wherever possible. And while this story will certainly be told and assessed through gigawatts, hertz and dollars, none of these units can begin to measure the human pain and suffering that was caused by this event.

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Topics: Markets ERCOT Resiliency
2 min read

Client Spotlight: Trinity River Authority

By 5 on January 27, 2021

The Trinity River Authority (TRA) was formed by the Texas legislature in 1955 to provide clean water to the communities within the Trinity River Basin. Based in Arlington, TRA serves an area of nearly 18,000 square miles, which includes all or parts of 17 counties and 60 cities. TRA owns and operates four water treatment and supply facilities and five wastewater treatment facilities across its jurisdiction that provide clean and safe drinking water to and protect water quality for the millions of residents of the Trinity River Basin. TRA also owns and operates Lake Livingston, which provides a major source of supply to the City of Houston, and as a local sponsor for three multiple-purpose lakes operated by the U.S. Army Corps of Engineers.

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Topics: Clients Procurement Renewables Resiliency
2 min read

New Fuel for New York Summit

By 5 on January 15, 2021

On Thursday, January 28th, businesses from across New York will come together to discuss the future of Green Hydrogen and its potential as a clean energy solution.

New York State continues to lead the nation as the center of the transition to a zero-emissions energy system. While electrification, executed in tandem with a significant expansion of renewable energy resources, has the potential to drastically reduce greenhouse-gas emissions, certain sectors of the economy may not be able to fully electrify. These more challenging sectors include manufacturing, heavy transportation, and long duration energy storage.

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Topics: Sustainability Press Renewables Resiliency
2 min read

Election Year Implications For NY Energy Policies

By 5 on November 24, 2020

In New York, the 2020 election was a big deal. It’s the first time since the 1930s that Democrats have successfully held a majority in the State Senate. While the Presidential race in New York was called for President-Elect Joe Biden almost immediately after polls closed, which gave the illusion of completion, the state is still counting ballots today. This year, as is true every other year, every member of the State Legislature was up for reelection. While incumbents certainly carry an advantage into any election cycle, New York has seen a political awakening following the 2016 election of President Donald Trump. This movement carried a new, Democratic majority into power in the State Senate in 2018 and lead to many moderate Democrats being swept out in favor of more liberal candidates.

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Topics: Markets NYISO Resiliency
6 min read

Introduction to Green Hydrogen

By Sean Ewart on November 24, 2020

It’s got Jim Cramer saying it’s “sexy” and natural gas companies betting their futures on it. What are we talking about? Green hydrogen (GH2). And no, GH2 isn’t just hydrogen by another name, it’s hydrogen produced by renewable energy and there are several important reasons why its trending today.  

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Topics: NYISO Sustainability Education Renewables Resiliency