There are several interesting developments in Washington D.C. that could impact the nation’s energy markets. With the death of Alcee Hastings (D-FL) last month, the Democratic majority in the House shrank to a mere six votes and the Senate remains split at 50/50. The razor-thin Democratic majority means it is unlikely that Congress will use the traditional legislative process to pass new energy-related legislation. Instead, as was the case with the stimulus bill, the Biden Administration is expected to use the budget reconciliation process to pass an energy bill at some point this calendar year.

Kenwood Golf and Country Club has been in continuous existence since 1928. The clubhouse, golf course and its facilities cover over 100 acres of rolling countryside, located in Bethesda, Maryland. The Club is situated inside the Capital Beltway, only minutes from the Nation’s Capital, approximately seven miles from the White House and many other cultural and national attractions.

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.

A large global auto parts manufacturer, with multiple facilities across the country, was looking for assistance in developing a comprehensive approach to managing its electricity and natural expenses. Prior to working with 5, this Fortune 200 company was waiting until their current contracts were getting ready to expire before gathering quotes and soliciting offers from various suppliers.

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.

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.

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.

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.

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.

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].