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
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
1 min read

Client Spotlight: Catholic Diocese of Dallas

By 5 on March 30, 2021

The Roman Catholic Diocese of Dallas was established in 1890 and today serves an area of over 7,500 square miles across Dallas, Collin, Ellis, Fannin, Grayson, Hunt, Kaufman, Navarro, and Rockwall Counties. The diocese operates 69 parishes, 2 seminaries, 3 high schools and 26 elementary schools. The Diocese of Dallas is one of the fastest growing dioceses in the United States, whose parishes and five missions serve approximately 1.2 million Catholics and a larger North Texas community of more than four million people.

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Topics: Clients Procurement Demand Response Sustainability Renewables
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

Empire State Realty Trust Becomes Nation’s Largest 100% User of Green Power in Real Estate

By 5 on February 3, 2021

NEW YORK - February 3, 2021

Empire State Realty Trust, Inc. (NYSE: ESRT) today added to its industry leadership in sustainability with the purchase of renewable wind electricity for its entire commercial portfolio. A new three-year contract with Green Mountain Energy makes ESRT the nation’s largest 100% user of green power in real estate.

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Topics: Clients Procurement Sustainability Press Renewables
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
6 min read

Let's Talk About "RECs", Baby

By 5 on December 22, 2020

In recent conversations with clients and suppliers, we have noticed the Renewable Energy Credit (REC) has been viewed with some degree of disdain and ridicule. Some of the negative impressions associated with RECs are justified. About a decade ago, the energy industry went through an era of “greenwashing” where many companies made dubious environmental claims, and RECs certainly played a role in some of those cases[1].

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Topics: Sustainability Education Renewables
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
8 min read

October 2020 - Quarterly Market Letter

By Jon Moore on October 21, 2020

On behalf of the team at 5, I am pleased to forward our market letter for the third quarter of 2020. This letter focuses on the upcoming Presidential election, the confirmation of Judge Amy Coney Barrett to the Supreme Court, and the potential impact of these events on energy policy. The election and a changing court will impact how energy policy is regulated both at the Federal and the state level. Notwithstanding the perceived impact of these changes in Washington, we caution against putting too much weight on political and judicial changes. In short, it is often the case that when it comes to energy policy, economics, not politics, often prevails.

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Topics: Sustainability Newsletters Education Renewables Resiliency
2 min read

Calculating Greenhouse Gas Emission Reductions During Lockdown

By 5 on September 10, 2020

COVID-19 has changed our lives in so many ways. At 5, we transitioned to remote working on March 16th as lockdowns were imposed in the states where we live. One positive that came from this transition is that fewer cars are on the road. The result is a significant reduction in carbon dioxide emissions. The 5 Planeteers, our internal sustainability team, wanted to highlight the environmental impacts of this reduction and calculated the overall carbon emissions that our team has saved by telecommuting since mid-March.

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Topics: Sustainability Education