Blog

Hear from IGS Energy Meteorologist Brent Rice on his role, the effects weather can have on energy, and why energy forecasting is important for customers.

Think of peak load as the highest period of demand on the grid over a certain time frame. To reliably deliver power to all customers during peak load periods, power plants are guaranteed revenue through long-term capacity delivery auctions and in return those plants guarantee to operate on those days.

In an earlier blog highlighting PJM’s price formation proposal, we discussed one aspect of price formation, which was related to transforming the way reserves are priced into the market. Here, we’ll cover the latest developments on another aspect of price formation, known as fast-start pricing.

It’s an age-old marketing term: Product Bundling. But what does it mean? Why do companies do it? And how does it provide value to the customer? The bundle spans all industries.

Reading an electricity bill can be a confusing process. Understanding kilowatts, how energy is measured and billed, and which household appliances are using electricity can make it challenging to grasp how much you're spending.