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Event Marks Fifth Consecutive Success for Vectren with World Energy; Results Approved by PUCO Columbus, OH and Worcester, MA – January 29, 2013 – World Energy Solutions, Inc. (NASDAQ: XWES), a leading energy management services firm, today announced Vectren Energy Delivery of Ohio (Vectren) has successfully conducted its annual natural gas auction for its Standard [...]
Event Marks Fourth Straight Success for Vectren with World Energy; Results Validated by PUCO Columbus, OH and Worcester, MA – February 9, 2012 – World Energy Solutions, Inc. (NASDAQ: XWES), a leading energy management services firm, today announced Vectren Energy Delivery of Ohio (Vectren) has successfully conducted its annual natural gas auction for its Standard [...]
Natural gas prices dropped to a 28 month low yesterday, following the release of EIA data showing storage levels significantly above five-year average levels. Warm weather across the country has lowered demand while output levels are at record highs due to new supplies from shale formations. There is considerable speculation that these factors could continue [...]
The Situation Customer burdened with the manual execution of a complex and time-consuming process for buying winter peaking gas. World Energy Action In 10 days, World Energy structured and sent to suppliers the inaugural set of auction events featuring temperature trigger and everyday peaking products - 64 tranches total. Result Extremely competitive auction event with 17 unique bidders [...]
The Situation Customer’s energy expense is a significant portion of their overall cost structure and they elect to obtain fixed prices when appropriate. Current electricity and natural gas contracts deals expire in November 2011 and December 2011, respectively. World Energy Action World Energy monitors and updates customer on market movements prompting them to seek extensions. [...]
The natural gas industry and, more specifically, the news around factors influencing the price of the commodity, continue to be all over the board. Pricing levels hit previous 5-7 year lows during 2009 and, aside from a couple of spikes in late ’09 and early ’10, have remained relatively low. News about significant volumes of [...]
It was refreshing to see energy grabbing a lion’s share of headlines in Sunday’s New York Times, with 2 front page stories and the section lead in the new “Sunday Review” section all dedicated to colorful aspects of the complex U.S. energy tapestry. In “Behind Veneer, Doubt on Future of Natural Gas,” a story which [...]
The Situation: Mid-West Fortune 500 manufacturer turned to World Energy for help procuring natural gas, negociating utility contracts, and managing customer-owned assets. Next Steps: By proactively engaging the natural gas markets in the customer’s states of operation, and identifying new opportunities in electricity and demand response, World Energy becomes the customer’s “Radar O’Riley” for energy [...]
COLUMBUS, OH and WORCESTER, MA; January 26, 2011 - World Energy Solutions, Inc. (NASDAQ:XWES), a leading energy management services firm, today announced Vectren Energy Delivery of Ohio (Vectren) has successfully conducted its annual natural gas auction for its Standard Choice Offer (SCO) load on the World Energy Exchange®. The auction secured natural gas supplies for Vectren [...]
Source: Dayton Business Journal
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