NEW YORK (AP) -- A lengthy, blistering heat wave that is blanketing the eastern half of the United States is putting significant stress on the nation's power grid as homeowners and businesses crank up their air conditioners.
Utilities say they're ready for high power demand and widespread electricity shortages or outages are unlikely. Lines and equipment are not fully taxed and there is more generating and transmission capacity available than usual because of the weak economy. Also, not many major storms are in the forecast, meaning fewer downed power lines.
Alden Energy Consulting LLC is a full-service independent energy consulting firm focused on saving our customers money either through enhanced energy procurement methods or through energy conservation projects. This includes, but is not limited to: demand response programs, lighting retrofits, local utility rebates, etc.
We believe that by working with an unbiased energy consultant, companies can better navigate though volatile markets, price swings, and overall uncertainty.
We recognize several trends in the energy industry. Deregulation in both electricity and gas markets continues to spread state by state as consumers and governments recognize the benefits of competive energy markets. We believe that this will continue as regulators are able to tailor market designs to best meet the needs and requirements of its participants. Additionally, the shift towards renewable energy projects continues to be bolstered by private investments, mostly in states with relaxed electricity structures. This indirectly benefits our industry by shifting the reliability of energy supply to domestic resources. Finally, the higher cost of energy over the past couple decades has required new ideas to be formulated in order to help contain prices.
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