What to Expect from Energy Markets in 2018 (Whitepaper)
As the calendar turned from 2017 to 2018, a sudden and extreme drop in temperatures served as a reminder of just how volatile the US energy markets are today. In some markets, natural gas and electricity prices spiked to reach levels not seen in the US since the 2014 polar vortex, creating serious risk-management considerations for large energy users across the country.
The power market’s reliance on volatile natural gas prices is just one of the effects of the primary force driving energy prices in 2018—the continued shift in the US power generation mix. The rise of cheap natural gas has driven a steady decline in coal and nuclear generation, while the emergence of renewable generation and energy storage have created unique market conditions in individual regions across the US. Meanwhile, the state of the energy markets is further complicated by the shifting regulatory outlook—which has made headlines regularly, particularly since the 2016 election—and the development and adoption of new energy technologies by both energy providers and their customers.
Looking ahead to 2018 and beyond, EnerNOC’s Energy Intelligence and Analytics team analyzed the development of these trends to help energy users understand how their organization could be affected. The result is a new whitepaper, What to Expect from Energy Markets in 2018, that breaks down how businesses should respond to potential developments in the natural gas market, federal- and state-level regulations, and new energy resources in the US in 2018.
While each organization is unique and should approach their energy costs with a customized approach, the insights in this report will help you understand which major developments in the energy world could have an actual impact—and what you can do to prepare.