As the demand for renewable energy grows, the role of tax incentives in shaping our energy future is becoming increasingly...

The post Plugged In Podcast: The Impact of Tax Incentives on Clean Energy appeared first on Constellation's Energy4Business Blog.

As the demand for renewable energy grows, the role of tax incentives in shaping our energy future is becoming increasingly important. More and more companies in the United States are seeking to meet their power needs with emissions-free electricity. To support this shift, tax incentives, along with legislation and policy, play a key role in determining energy prices and how quickly we are able to adopt clean energy technologies.

At Constellation, our advocacy efforts in Washington, D.C. ensure these credits support the continued operation and growth of nuclear energy — the nation’s largest source of carbon-free power. These incentives make clean energy projects more affordable and also drive innovation and sustainability efforts across the energy industry. Understanding how these policies work and their potential impact is essential for any business that wants to get on the path to a more sustainable future.

Benefits of Tax Incentives

Tax incentives have been significant in encouraging businesses to adopt clean energy generation. By reducing the financial burden, more businesses are likely to invest in clean energy projects because they fit within their budgets. One key part of these incentives is tech-neutral tax credits, which ensure that all types of clean energy technologies get equal support. This approach helps drive innovation and diversification in the clean energy industry, creating a competitive environment that moves us forward.

For example, the Investment Tax Credit (ITC) and Production Tax Credit (PTC) have played a large role in the growth of solar and wind energy in the United States. These credits have helped lower the cost of renewable energy projects, making them more competitive with traditional energy sources. The recently enacted production tax credit for existing nuclear plants has assured the continued operation of highly reliable nuclear units, the nation’s largest source of clean energy.

Tech-neutral tax credits are essential because they don’t favor one clean energy technology over another. This allows businesses to implement the most efficient and effective solutions for their operations. It also encourages innovation and the adoption of a wide range of clean energy solutions, from solar and wind to emerging technologies like advanced nuclear and carbon capture.

Impact on Electricity Prices

Tax incentives significantly influence electricity prices by lowering the cost of clean energy generation, which can stabilize and reduce prices for consumers. However, if these tax credits were removed, the cost of generating clean energy could rise, leading to higher electricity prices. This would negatively impact consumers and also slow down the transition to a cleaner energy grid. Therefore, it’s important to keep supportive policies in place to ensure clean energy remains affordable and accessible, benefiting both the economy and the environment.

Future Federal Policy Considerations

Looking ahead, it’s important to take a balanced approach to federal policy. Policymakers need to focus on the long-term goal of creating a self-sustaining market for clean energy. This means not only maintaining existing incentives but also looking into advancing manufacturing credits and other innovative policy measures. By doing so, we can support the growth of the clean energy industry and support a more stable economy.

Advanced manufacturing credits can play a significant role in this transition by supporting the development and implementation of new technologies. These credits can lower the cost of manufacturing clean energy technologies, making them more competitive with traditional energy sources. Future federal policies should also focus on creating a stable and predictable regulatory environment, which is key to attracting investment and fostering innovation.

For more insights and resources on clean energy policies and incentives, businesses can follow the Clean Energy Buyers Alliance (CEBA) to access information on best practices, industry trends and more.

Learn More with Our Podcast

Gain more insights into energy reporting by listening to our podcast, “Plugged In: Exploring Energy,” hosted by Chuck Hanna, Vice President of Solutions and National Accounts at Constellation. In the latest episode, we cover the topics discussed here as well as additional ones with Rich Powell, CEO of the Clean Energy Buyers Association (CEBA). Listen to our series for insights into the impact, challenges and innovations in grid-enhancing technologies and sustainability policies.

By addressing these challenges and offering custom solutions, Constellation is leading the way in the transition to a sustainable and reliable energy future. Join us on this journey and discover how we can help you achieve your energy goals.

Listen to the Podcast

© 2025 Constellation. The offerings described herein, if applicable, are those of either Constellation NewEnergy, Inc. or Constellation NewEnergy-Gas Division, LLC, affiliates of each other. Brand names and product names are trademarks or service marks of their respective holders. All rights reserved.  The views, thoughts and opinions expressed in the blog and podcast by each participant belong solely to the speaker and not necessarily to the speaker’s employer (including Constellation Energy Corporation or any of its affiliates), organization, committee or other group or individual. Constellation does not make and expressly disclaims, any express or implied guaranty, representation or warranty regarding any opinions or statements set forth herein or in the webcast. Constellation shall not be responsible for any reliance upon any information, opinions, or statements contained in the webcast or for any omission or error of fact.

The post Plugged In Podcast: The Impact of Tax Incentives on Clean Energy appeared first on Constellation's Energy4Business Blog.

During Constellation’s May Energy Market Intelligence Webinar, the Commodities Management Group (CMG) provided comprehensive coverage of current and future factors significantly...

The post Webinar Analysts: Summer Weather, LNG Exports and Capacity Market Updates appeared first on Constellation's Energy4Business Blog.

During Constellation’s May Energy Market Intelligence Webinar, the Commodities Management Group (CMG) provided comprehensive coverage of current and future factors significantly affecting the energy landscape, including analysis on summer weather patterns, LNG exports and global demand and capacity market updates.

Weather Outlook

Chief Meteorologist Dave Ryan provided a detailed analysis of weather patterns and their potential impacts on the energy markets. This summer is expected to bring greater temperature volatility than in recent years. The Eastern Interconnection region is expected to see below-normal temperatures, while the South is forecasted to experience higher-than-average heat.

The team also discussed the outlook for El Niño and La Niña conditions, as the forecast currently calls for a neutral to weak La Niña. However, there is a possibility of transitioning into a weak El Niño by winter, which could lead to warmer-than-normal conditions.

Crude Oil Market Movement

Oil prices are under downward pressure, driven by a variety of factors including recent diplomatic efforts by the Trump administration in the Middle East. These efforts appear to involve a strategic exchange, offering national security assurances to Arab states concerning Iran in exchange for cooperation on trade, technology and oil price stability.

While lower oil prices help control inflation and support consumer energy affordability, they pose significant challenges for U.S. oil producers, who need higher oil prices to ensure profitable operations and justify continued investment in drilling and exploration. As oil prices near $50 per barrel, concerns are growing about domestic producers potentially adjusting their capital expenditures for future years, which could impact natural gas production due to its close link to oil drilling activities.

Natural Gas Fundamentals

Natural gas production has reached record highs, but future demand, driven by increased consumption across all natural gas sectors, including power generation, residential, commercial, industrial and LNG exports, raises concerns. Storage levels are currently above the five-year average, and continued strong injections could shift the market from a bullish to a neutral stance. End-of-season storage levels are expected to reach around 3.8 trillion cubic feet, which is considered adequate, though a harsh winter could test these reserves.

The growing role of LNG was emphasized, with U.S. export capacity currently at 16.6 Bcf/d and projected to increase to 37 Bcf/d by 2030. This expansion was influenced by global demand shifts, particularly in Europe and developing regions transitioning to cleaner energy sources.

Capacity Auction Updates

The 2025 NERC Summer Reliability Assessment found that several key regions, including ERCOT, MISO and ISONE, are at risk due to tightening reserve margins. Since August 31, 2024, the aggregate peak demand for the NERC control area has increased by 10 GW, more than double the increase from the previous summer, while 7.5 GW of generation has retired, straining reserve margins in certain zones. To address this, regions have been implementing measures to address capacity concerns, including fast-tracking new generation projects. This initiative aims to bring new combined cycle plants and battery storage online to meet anticipated demand growth, particularly from data centers. However, limited turbine manufacturing capacity and tight timelines for upcoming capacity auctions present challenges.

The team also discussed recent capacity auction pricing in MISO and PJM. The latest MISO auction met resource adequacy requirements, but reserve margins declined from 9.0% to 7.9%. Demand growth continues to pressure prices for dispatchable capacity. In PJM, the cap-and-floor pricing method will limit volatility for the next two auctions. Project development through the Reliability Resource Initiative (RRI) will be closely monitored to assess effectiveness by bringing new units online quickly.

Market Trends and Temperature

The webinar concluded with a look at forward power charts, including conversations about “the right time to buy,” the “Market Temperature” and other factors affecting the energy market.

View Webinar Recording

We invite you to join us for our next Energy Market Intel Webinar on Wednesday, June 18 at 2 pm ET. Constellation energy experts will offer detailed and timely updates on factors affecting the energy landscape such as weather, natural gas storage and production, and domestic and global economic conditions. Register by visiting  www.constellation.com/marketintelwebinar.

© 2025 Constellation. The offerings described herein, if applicable, are those of either Constellation NewEnergy, Inc. or Constellation NewEnergy-Gas Division, LLC, affiliates of each other. Brand names and product names are trademarks or service marks of their respective holders. All rights reserved.  The Webinar, and this written recap, reflect the views, thoughts and opinions of each speaker and not necessarily to the speaker’s employer (including Constellation Energy Corporation or any of its affiliates), organization, committee or other group or individual. Constellation does not make and expressly disclaims any express or implied guaranty, representation or warranty regarding any opinions or statements set forth herein or in the webcast. Constellation shall not be responsible for any reliance upon any information, opinions, or statements contained in the webcast or for any omission or error of fact.

The post Webinar Analysts: Summer Weather, LNG Exports and Capacity Market Updates appeared first on Constellation's Energy4Business Blog.

Interested in understanding how the electricity market ensures there’s enough capacity to meet peak demand and maintain grid stability? The...

The post Understanding the PJM Base Residual Auction Changes appeared first on Constellation's Energy4Business Blog.

Interested in understanding how the electricity market ensures there’s enough capacity to meet peak demand and maintain grid stability? The PJM Base Residual Auction (BRA) plays a critical role in this process. By understanding the basics of the BRA, the reasons behind recent delays, the expected timeline for future auctions and options available to customers, businesses can make informed decisions and plan effectively.

Exploring the PJM Base Residual Auction

The PJM BRA is typically held annually and secures commitments from electricity suppliers to provide capacity to meet the forecasted demand for electricity in the PJM region. As a requirement for the PJM BRA, capacity market sellers, such as power generators, are required to offer their resources for a one-year term, traditionally three years in advance. This process ensures there is enough generation or load-management capacity to meet peaks in demand, maintaining a stable and reliable supply for customers.

Reasons Behind the Delays

To understand the current state of the PJM BRA, it’s important to look back at the delays that created uncertainty in the market. The PJM BRA for the 2022/2023 delivery year, originally scheduled for May 2019, was postponed multiple times and eventually held in May 2021. These delays were primarily due to regulatory changes associated with the implementation of the Minimum Offer Price Rule (MOPR).

Insights from the 2025/26 PJM Base Residual Auction

The 2025/2026 PJM BRA brought significant changes and higher prices. Capacity prices for PJM’s most recent BRA for the June 2025 through May 2026 period increased by over 800% for much of the PJM region compared to the PJM-wide prices for the period from June 2024 through May 2025. Various factors contributed to these results, including power plant retirements, higher peak summer demand, a higher Installed Reserve Margin (IRM), and notable market reforms approved by the Federal Energy Regulatory Commission (FERC). These market reforms included changes aimed at better reflecting risks from extreme weather and addressing system reliability. As a result, businesses across PJM’s footprint, including parts of Maryland, Delaware, DC, Virginia, Pennsylvania, Ohio, New Jersey and Illinois, will see higher capacity costs beginning in June 2025. These changes will affect all energy providers in the PJM region.

Expected Timeline for Future Auctions

The delays and regulatory changes from previous auctions have affected the scheduling and planning of future auctions, leaving market participants with less advance visibility into future capacity prices.  Historically, PJM capacity auctions provided a clear view of capacity costs three years into the future. However, due to recent delays, that has not been the case.

Currently, capacity prices are known only through May of 2026. The base auction for the 2026/2027 delivery year, which was originally scheduled for December 2024, has been delayed to July 2025. This delay continues to impact customers’ ability to plan and make informed decisions based on future capacity prices.

Looking ahead, subsequent base auctions are expected to be held approximately every six months in an attempt to try to catch up to the traditional auction schedule and provide market participants with more advance visibility into future capacity auction results.

Impact on Customers

Looking ahead, we have already seen FERC approve a number of additional changes to be implemented with the 2026/27 BRA. How these changes may affect future capacity auctions is still unclear, adding another layer of complexity for businesses planning their energy strategies.

As businesses plan for future budgets, it’s important to be aware of the recent changes affecting capacity markets in PJM, the 2025/26 auction results and the current status of the market. As mentioned above, businesses across PJM are facing higher capacity costs starting in June 2025. These changes in costs will affect all energy providers operating within the PJM region.

Options Available to Businesses

When evaluating energy supply options, it is important to consider the current market dynamics and understand the periods for which capacity auctions have cleared versus those that may still be unknown. Given the auction delays and additional reforms already made for capacity periods 2026-2027 or potentially forthcoming through 2029-2030, many customers are considering how best to approach capacity in their upcoming electricity procurements. Two options that some customers are considering are:

• Opting for passing through their capacity costs altogether
• Opting for a product that includes a baseline capacity cost from which adjustments upward or downward will be made once actual costs become known (after each applicable period’s auction clears).

These options enable customers to avoid paying additional risk premiums to potentially fix a cost that would still be subject to change if subsequent market reforms are later approved or implemented. Additionally, passing through capacity costs allows customers to realize cost savings, if they  successfully manage their peak load contribution or take other actions to reduce future capacity obligations. Businesses should weigh the pros and cons of various approaches to see which direction would work best with their individual needs.

Empower Your Energy Strategy

Understanding capacity market dynamics and product options is key to making informed decisions. Constellation provides a variety of solutions to help manage your electricity costs. Whether your business needs procurement options or solutions to help drive down costs through peak load management or energy efficiency, our energy experts are here to help you navigate these complexities and optimize your energy strategy.

Contact Us

 © 2025 Constellation. The offerings described herein are those of either Constellation NewEnergy, Inc., Constellation NewEnergy-Gas Division, LLC or Constellation Navigator, LLC, affiliates of each other. Brand names and product names are trademarks or service marks of their respective holders. All rights reserved.  

The post Understanding the PJM Base Residual Auction Changes appeared first on Constellation's Energy4Business Blog.

In today’s fast-changing industrial world, creating sustainability strategies that integrate energy efficiency and innovative energy solutions is essential for businesses...

The post Plugged In Podcast: Navigating Energy Challenges to Meet Sustainability Goals appeared first on Constellation's Energy4Business Blog.

In today’s fast-changing industrial world, creating sustainability strategies that integrate energy efficiency and innovative energy solutions is essential for businesses striving to reduce their carbon footprint. By adopting advanced technologies and sustainable practices, businesses can transform their operations, build resilience and drive progress amid environmental and economic challenges. Additionally, these practices enable companies to save costs, improve operational efficiency and enhance their reputation.

Businesses are realizing that energy efficiency can be a major competitive advantage. The journey towards energy innovation involves a commitment to continuous improvement, collaboration and adaptability. It also requires strong partnerships, embracing new technologies and developing strategies to navigate political and financial challenges.

Driving Progress through Energy Innovations

Prioritizing progress is crucial for businesses to stay competitive. Implementing innovative energy solutions can lead to better operational efficiency and cost savings. The key for many businesses is to balance long-term environmental goals with immediate operational challenges. Incremental progress and innovative solutions like offsite solar play a large role in achieving these goals.

Handling political and financial uncertainties is another critical aspect of maintaining progress. Businesses need to develop strategies to navigate external pressures while continuing to push for innovation. When they can implement creative problem-solving and adopt innovative solutions, it’s easier to overcome these challenges and ensure long-term sustainability.

Implementing Flexible Strategies for Adaptability

Across various industries, the benefits of adaptability have become increasingly evident. Organizations face unique challenges, such as maintaining operations during emergencies and balancing financial constraints with the need for sustainable practices. By adopting flexible solutions, they can achieve their sustainability goals while ensuring their primary objectives remain the top priority.

In healthcare, hospitals and healthcare providers face unique challenges, such as maintaining operations during emergencies and balancing financial constraints with the need for sustainable practices. By implementing a variety of innovative solutions that adapt to different challenges, healthcare organizations can achieve their sustainability goals without disruption in patient care.

Building Partnerships for Energy Goals

Working together with partners is crucial for achieving sustainability goals. Partnerships give businesses access to expertise and resources that help them innovate and build resilience. Successful partnerships often lead to joint efforts in renewable energy projects and energy-saving measures, which have resulted in significant environmental and financial benefits. Taking proactive steps in supply chain sustainability, energy efficiency and customer-centered environmental strategies highlight the importance of collaboration.

Focusing on Key Areas for Sustainability

To further advance sustainability goals, businesses must focus on key areas such as supply chain relationships and exploring new energy technologies to ensure their entire supply chain follows sustainable practices. By working closely together with partners and stakeholders, businesses can explore advanced technologies, such as geothermal and carbon capture, to reduce emissions and enhance energy efficiency.

In the healthcare industry, it’s important to ensure patient care remains the top priority while implementing energy solutions. Achieving this balance requires meticulous planning and collaboration among various departments to provide high-quality care without compromising on sustainability.

Creating a Sustainable Future

Innovative energy solutions are transforming the way businesses operate, enabling them to significantly reduce their environmental footprint, improve operational efficiency and achieve long-term sustainability. Constellation offers a range of solutions designed to help businesses meet their energy goals and navigate the complexities of the energy landscape, including:

• Carbon-Free Electricity

Constellation provides sustainable and cost-effective solutions to lower Scope 2 emissions by incorporating Emission-Free Energy Certificates (EFECs) or Renewable Energy Certificates (RECs). Businesses can directly meet sustainability goals by ensuring that energy consumption is matched with clean energy sources.

• Offsite Renewable Energy Solutions

Constellation Offsite Renewables (CORe) is a reliable solution that simplifies and expands access to offsite renewable projects, allowing businesses to meet sustainability goals through long-term contracts with renewable energy projects.

• Hourly Matching Products

Some large electricity users are looking to find a way to bridge the gap between their real-time electricity demand and available carbon-free power sources to make the transition to 100% carbon-free power. Constellation’s hourly carbon-free energy matching (HCFE) product allows businesses to match their energy usage with carbon-free energy on an hourly basis, ensuring their electricity consumption is aligned with clean energy sources.

• Efficiency Made Easy® (EME): EME helps customers implement efficiency improvements with no upfront cost, reducing energy costs and modernizing facilities. Additionally, by leveraging solutions like EFECs and RECs, businesses can further enhance sustainability efforts by supporting emission-free and renewable energy sources to meet their goals.

By integrating these sustainability products into energy strategies, businesses can optimize their energy strategies and advance their commitments to sustainability.

Learn More with Our Podcast

Gain more insights into energy reporting by listening to our podcast, “Plugged In: Exploring Energy,” hosted by Chuck Hanna, Vice President of Solutions and National Accounts at Constellation. In the latest episode, we cover the topics discussed here as well as additional ones with Kyle Tafuri, Vice President of Sustainability at Hackensack Meridian Health. Listen to our series for insights into the impact, challenges and innovations in energy efficiency and sustainability initiatives.

By addressing these challenges and offering custom solutions, Constellation is leading the way in the transition to a sustainable and reliable energy future. Join us on this journey and discover how we can help you achieve your energy goals.

Listen to the Podcast

© 2025 Constellation. The offerings described herein, if applicable, are those of either Constellation NewEnergy, Inc. or Constellation NewEnergy-Gas Division, LLC, affiliates of each other. Brand names and product names are trademarks or service marks of their respective holders. All rights reserved.  The views, thoughts and opinions expressed in the blog and podcast by each participant belong solely to the speaker and not necessarily to the speaker’s employer (including Constellation Energy Corporation or any of its affiliates), organization, committee or other group or individual. Constellation does not make and expressly disclaims, any express or implied guaranty, representation or warranty regarding any opinions or statements set forth herein or in the webcast. Constellation shall not be responsible for any reliance upon any information, opinions, or statements contained in the webcast or for any omission or error of fact.

The post Plugged In Podcast: Navigating Energy Challenges to Meet Sustainability Goals appeared first on Constellation's Energy4Business Blog.

As more businesses look to decarbonize their energy supply and enhance sustainability in their operations, many are exploring ways to...

The post The Impact of Renewable Natural Gas on Sustainability appeared first on Constellation's Energy4Business Blog.

As more businesses look to decarbonize their energy supply and enhance sustainability in their operations, many are exploring ways to optimize their natural gas use. Renewable Natural Gas (RNG) is a clean option that provides environmental benefits with little to no equipment or operational modifications. RNG is available on the pipeline and is a mass balance environmental product (a method to track and account for use of bio-based feedstocks) that requires no changes to natural gas equipment already on site. By integrating RNG into customized energy strategies, businesses can benefit from using current equipment without needing capital improvements, maintaining overall equipment efficiency and achieving long-term sustainability and scope 1 reduction goals.

What is Renewable Natural Gas?

RNG is pipeline-quality natural gas that originates from the decomposition of organic matter and includes its associated environmental attributes. This process produces raw biogas, which is then upgraded to meet applicable pipeline pressure, quality and heat content requirements. Once purified, RNG is injected into the commercial pipeline system, just like regular geologic natural gas. Biogas can be produced from sources like municipal solid waste landfills, wastewater treatment plants, and various other anaerobic digester feedstocks, such as agricultural and livestock waste, food production facilities and organic waste management operations.

The environmental impact of RNG

RNG projects capture and recover methane from landfills or anaerobic digestion (AD) plants, preventing it from being vented and released into the atmosphere. Methane has a global warming potential over 25 times that of CO2 and a relatively short atmospheric life of 12 years. By capturing and utilizing methane emissions, the use of RNG can help to significantly mitigate global climate change by displacing the use of conventional fossil-derived natural gas.

In addition to its climate benefits, RNG can also positively impact transportation emissions. Replacing traditional diesel or gasoline engines with RNG-powered natural gas engines can also significantly reduce nitrogen oxide and particulate matter emissions, resulting in improved local air quality.

Ultimately, replacing fossil fuels with RNG can significantly reduce CO2 emissions on a lifecycle basis. Compared to natural gas, RNG can lower emissions by up to 40% when used as transportation fuel. In 2023, RNG as a transportation fuel achieved carbon reduction equivalent to growing 115,146,800 tree seedlings for ten years or preserving 8,130,425 acres of U.S. forests for one year.¹

How RNG impacts your business

The environmental benefits associated with RNG, including reduced carbon emissions compared to fossil-derived natural gas, can be paired with end-users’ natural gas consumption to support renewable energy claims. Specific sustainability claims and emission reduction levels will depend on the specific end-use of the gas and the chosen GHG emission reporting standards. By integrating RNG into their energy strategies, businesses can achieve significant sustainability goals without the need for major infrastructure changes.

Additionally, businesses can benefit from renewable and carbon credits when RNG is used as a transportation fuel in vehicles. An electronic tracking system on MRETS has been established to issue Renewable Thermal Credits (RTCs), which can be purchased, tracked and retired to document sustainability claims.

Transform Your Energy Strategy with RNG

By adopting sustainable natural gas strategies, businesses can reduce GHG emissions, demonstrating to customers, investors and employees that they are actively contributing to a more sustainable future. Constellation is committed to helping you navigate your sustainability journey and develop a tailored strategy that meets your unique needs.

Contact us today to learn how we can help you develop a tailored RNG strategy that meets your unique needs.

Contact Us

1. Renewable Natural Gas Infographics: View at RNG Coalition — The Coalition For Renewable Natural Gas

© 2025 Constellation. The offerings described herein, if applicable, are those of either Constellation Navigator, LLC, Constellation NewEnergy, Inc. or Constellation NewEnergy-Gas Division, LLC, affiliates of each other. Brand names and product names are trademarks or service marks of their respective holders. All rights reserved. 

The post The Impact of Renewable Natural Gas on Sustainability appeared first on Constellation's Energy4Business Blog.

Unlock the power of informed energy decisions with Constellation, your source for understanding all the factors that influence the energy...

The post April Energy Market Update appeared first on Constellation's Energy4Business Blog.

Unlock the power of informed energy decisions with Constellation, your source for understanding all the factors that influence the energy market. Constellation’s Commodities Management Group provides key insights into weather, economic trends, natural gas dynamics and purchasing fundamentals important to your energy procurement strategy. With these insights, your business can confidently navigate the complexities of the energy market.

Weather Report

The short-term weather outlook predicts that temperatures in the East will be above normal to well above normal. This will result in minimal demand from the Midwest across the Great Lakes and into the Northeast. However, higher temperatures in the Ohio Valley, Mid-Atlantic and South will lead to some above normal cooling demand. In the West, the weather will continue to be mild, with highs generally in the 50s and 60s for the Northwest and Rockies, 60s and 70s for California and 80s and 90s for the Desert Southwest and the Four Corners region.

In the longer term, the start of May is expected to be mild to warm, leading to increased cooling demand in the South and Southwest. Meanwhile, low demand and mild weather are expected in other regions.

Economic Update

The largest factors affecting the economy have been the Trump administration’s tariff policies and Trump’s comments on potentially firing Federal Reserve Chairman Jerome Powell, which have caused market volatility, lowered consumer confidence, and harmed relationships with key trading partners.

On 4/21, the International Monetary Fund (IMF) issued a report stating that the impact of a U.S.-China trade war would be fully realized in 2026 if current tariff rates hold steady. However, the IMF expects a recession to be unlikely. The IMF reduced Chinese growth rates by 0.6% and 0.5% for 2025 and 2026 respectively, bringing them down to 4.0% for both years. They also downgraded global growth from 3.3% to 2.8% for 2025 and from 3.3% to 2.9% for 2026.

Natural Gas Fundamentals

Current inventories as of 4/24 are 1,934 Bcf with a 478 Bcf deficit to last year and a 44 Bcf deficit compared to the 5-year average.

According to the EIA’s Natural Gas Weekly Update, dry natural gas production grew by 0.5% (0.5 Bcf/d) to an average of 106.3 Bcf/d, while average net imports from Canada decreased by 9.3% (0.6 Bcf/d) from last week. Production was about 6 Bcf/d higher than it was for the same week last year, with volumes higher in the Marcellus and Haynesville regions. Natural gas demand growth continues to be driven by LNG exports as new capacity comes online. Average natural gas deliveries to U.S. LNG export terminals increased by 0.2 Bcf/d from last week to 16.8 Bcf/d this week, according to data from S&P Global Commodity Insights.

In 2024, the Appalachia region (PA, OH and WV) produced the most natural gas, accounting for 31% or 35.6 Bcf/d of marketed natural gas production. The Permian (TX and NM) accounted for 22% of all U.S. production but the vast majority of production growth. The Henry Hub spot price averaged $2.21 per million British thermal units (MMBtu) in 2024, the lowest average annual Henry Hub price ever reported and 16% lower than the 2023 annual average. Higher oil and natural gas prices, along with a build-out of pipeline takeaway capacity, will be critical for natural gas production to keep pace with the growing demand from LNG exports and gas-fired generation.

FERC Capacity Auction Cap

The Federal Energy Regulatory Commission (FERC), in a 4-0 decision on Monday, April 21, approved the PJM Interconnection’s proposal to set a price cap and price floor for its next two capacity auctions. According to FERC, without this collar, the range of prices could have gone from $0/MW-Day to as high as $500/MW-Day. Despite opposition to the decision from its own independent market monitor and other market participants, FERC believes the cap structure addresses “converging” factors such as rapid demand growth, plant retirements, state and federal policies and the slow development of new builds and transmission. By authorizing the capacity auction cap for the next two PJM auctions, FERC is confident that the temporary structure will provide the market price signal to encourage resource development while limiting costs for consumers.

Stay Informed

For more insights like this, we invite you to join us for Energy Market Intel’s return webinar on Wednesday, May 21 at 2 pm EST, where Constellation energy experts will offer detailed and timely updates on factors affecting energy prices such as weather, gas storage and production, and domestic and global economic conditions. Register by visiting  www.constellation.com/marketintelwebinar.

Register for our Market Intel Webinar

© 2025 Constellation. The offerings described herein, if applicable, are those of either Constellation NewEnergy, Inc. or Constellation NewEnergy-Gas Division, LLC, affiliates of each other. Brand names and product names are trademarks or service marks of their respective holders. All rights reserved.  

The post April Energy Market Update appeared first on Constellation's Energy4Business Blog.

As businesses work to reduce their carbon footprint and meet sustainability goals, addressing Scope 2 emissions has become a critical...

The post Managing Scope 2 Emissions with Sustainability Solutions appeared first on Constellation's Energy4Business Blog.

As businesses work to reduce their carbon footprint and meet sustainability goals, addressing Scope 2 emissions has become a critical part of their environmental strategy. By implementing a variety of simple and strategic solutions, businesses can effectively reduce Scope 2 emissions and meet their sustainability goals.

Understanding Scope 2 Emissions                 

Scope 2 emissions, also known as indirect greenhouse gas emissions, come from purchased energy used to power company operations. Although they physically occur at the facility where the energy is generated, they are included in an organization’s GHG inventory because they stem from the organization’s energy use.

When accounting for Scope 2 emissions from purchased electricity, businesses have two primary approaches:

• Location-Based Method: Assesses average emissions factors for regional utility grids supplying a company’s facilities. This method provides insights into the general carbon intensity of electricity where a company operates.
• Market-Based Method: Evaluates emissions from electricity that companies have purposefully chosen. It tracks the emissions through contracts, which includes agreements for the sale and purchase of energy, either bundled with attributes about the energy generation or as separate, unbundled attributes.

While understanding the difference between location- and market-based methods is essential, businesses should also consider how each method would impact their operations. To effectively reduce emissions, it’s important to evaluate strategies based on the timeline of their goals. Businesses can use a combination of solutions based on simple or strategic implementation.

Solutions for Reducing Scope 2 Emissions

Reducing Scope 2 emissions is essential for demonstrating a commitment to environmental sustainability. This can be achieved by purchasing carbon-free power generation and associated emission-free energy certificates (EFECs), implementing energy efficiency measures, installing non-emitting on-site generation, and purchasing renewable energy and renewable energy certificates (RECs).

When choosing a solution, businesses should consider several factors, including timing, budget and sustainability goals. There are a variety of solutions that provide quick, measurable results for emissions reduction, such as Emission-Free Energy Certificates (EFECs) and Renewable Energy Certificates (RECs). Additionally, businesses can choose long-term solutions that may involve direct actions and commitments, such as supporting the development of offsite renewable energy projects or purchasing Hourly Carbon-Free Energy Matching (hourly CFE).

Simple Sustainability Solutions

Customers can purchase carbon-free or renewable electricity to cost-effectively support the production of electric power from generation sources that do not directly emit greenhouse gases (GHGs). Both options are easy to implement, can significantly reduce reported emissions, and help companies meet their sustainability goals.

• Emission-Free Energy Certificates represent the emission-free attributes of a generation source that does not emit greenhouse gases, such as solar, wind, nuclear and hydropower.¹ When buying carbon-free electricity from Constellation, customers’ electricity usage is matched with EFECs from those energy sources, allowing businesses to attribute usage to carbon-free electricity. EFECs can also help businesses:

• Meet goals for lowering emissions associated with electricity consumption.^{2, 3}
• Demonstrate support for emission-free generation sources.

• Renewable Energy Certificates Renewable Energy Certificates represent the environmental benefits of renewable energy. Sourced from renewable generating facilities within the continental U.S., each REC serves as proof that energy has been generated from a renewable resource and can be retired on behalf of a company in support of an environmental commitment.
• Project-Specific RECs offer location-specific benefits by sourcing RECs from specific offsite renewable projects. Available in both competitive and regulated energy markets, businesses that purchase project RECs support renewable energy projects that can lower their Scope 2 emissions.²

Strategic Sustainability Solutions

Businesses looking for strategic solutions can choose between solutions that provide substantial benefits and significantly reduce carbon emissions.

• Constellation Offsite Renewables integrates renewable energy purchases from existing or new build renewable generation assets into a load-following energy supply agreement. Constellation provides customers with energy and project RECs from the renewable project.
• Hourly Carbon-Free Energy Matching allows businesses to match their energy usage with carbon-free energy on an hourly basis and from the same local grid.

Purchasing hourly CFE through Constellation can also help businesses:

• Track progress on-demand through Constellation’s Hourly CFE Dashboard, available in Constellation’s digital platform.
• Retire hourly time-stamped RECs and/or EFECs in the PJM GATS registry at year-end.
• Incorporate prior offsite carbon-free purchases into your overall CFE strategy.
• Secure CFE flexibility with price stability through short- and long-term agreements

Charting a Path Towards Sustainability

Leveraging any of these simple or strategic solutions can help your business find the optimal strategy that aligns with your needs. Connect with Constellation’s energy experts today to create a customized energy strategy and get on the path towards a more sustainable future.

Contact Us Today

¹ This product is primarily sourced from nuclear facilities located within the PJM service territory. Constellation reserves the right to supply EFECs from any generating facility that does not directly emit greenhouse gases, including hydropower, solar, or wind.

² Please review GHG Protocol reporting requirements to confirm the eligibility of any market-based instrument.

³ Based on current World Resources Institute (WRI) guidance. Scope 2 reporting claims of this product may be affected by future changes.

© 2025 Constellation. The offerings described herein, if applicable, are those of either Constellation Navigator, LLC, Constellation NewEnergy, Inc. or Constellation NewEnergy-Gas Division, LLC, affiliates of each other. Brand names and product names are trademarks or service marks of their respective holders. All rights reserved. 

The post Managing Scope 2 Emissions with Sustainability Solutions appeared first on Constellation's Energy4Business Blog.

Incorporating sustainability into business strategies is essential for effective planning, offering benefits from cost savings to enhanced reputation and compliance...

The post How Emission-Free Energy Certificates (EFECs) Help Companies Achieve their Carbon Goals appeared first on Constellation's Energy4Business Blog.

Incorporating sustainability into business strategies is essential for effective planning, offering benefits from cost savings to enhanced reputation and compliance with government policies. Energy managers are increasingly focused on developing strategic plans that align with their budget and carbon reduction goals. With the guidance of an energy supplier, businesses can navigate energy solutions and identify the optimal options to achieve their objectives.

There are a variety of innovative solutions businesses can easily integrate into their sustainability strategies, reducing their carbon footprints while ensuring energy consumption is aligned with clean energy sources or matched with renewable energy generation.

What are EFECs?

Emission-Free Energy Certificates (EFECs) are a cost-effective alternative to renewable energy purchases for businesses looking to reduce their carbon footprint and achieve lower emissions. Purchasing EFECs allow businesses to quickly begin their process towards achieving and claiming lower emissions. EFECs are an effective solution for:

• Companies that want to showcase their sustainability efforts and impacts, even if they haven’t established a sustainability roadmap, as they can provide a flexible and cost-effective way to support emission-free electricity generation no matter where a business is in their sustainability journey.
• Meet goals for lowering emissions associated with its annual electricity consumption.
• Demonstrate support for emission-free generation sources.
• Organizations that face challenges in sourcing power from onsite renewable sources due to land or capital limitations.

By purchasing EFECs businesses can ensure their energy consumption is matched by emission-free generation. Customers acquire emission-free attributes from various generating sources, such as nuclear, solar, wind, hydropower and more, which do not emit greenhouse gases from combustion. Most EFECs available in the voluntary market are typically associated with nuclear or large-scale hydroelectric generation.

How EFECs Optimize Your Sustainability Strategy?

When considering EFECs to meet sustainability goals, customers should focus on several key factors:

• Sustainability Focus: Is your goal to focus on renewable energy or emissions reduction? EFECs are effective for businesses aiming to reduce their carbon footprint by supporting emission-free generation sources.
• Emissions Accounting: Do you want to claim reductions in greenhouse gas emissions from your electricity consumption? EFECs allow businesses to align with market-based emissions accounting principles.
• Growing Importance in the Grid: Are you aware of the role EFECs play in maintaining lower grid emissions rates? Today nuclear generation make up nearly one-third of all electricity and over eighty-two percent of all zero-carbon electricity produced in PJM.

If these considerations align with your business objectives, gaining a deeper understanding of the role EFECs can play in your sustainability strategy is essential. Let’s explore how businesses can incorporate them to meet their goals.

1. Understanding Renewable vs. Zero-Emissions Goals.

While both renewable and zero-emissions goals are important for sustainability, they differ in their focus and implementation. EFECs track the carbon-free attributes of emission-free sources, which can include generation sources like nuclear, solar, wind and hydropower. These certificates support zero-carbon electricity generation on the grid.

However, renewable sources can differ significantly in their emissions and environmental impact. Some sources, like biomass have associated emissions and can’t be labeled as emission-free, although they are often awarded Renewable Energy Certificates (RECs).

By understanding these differences, businesses can make informed decisions about their sustainability strategies and choose the right certificates to support their goals.

2. Emissions Accounting and Customer Claims with EFECs.

The World Resource Institute (WRI) sets the greenhouse gas reporting standard that most companies use to account for their emissions, including those from purchased electricity, known as “Scope 2” emissions. This guidance includes location-based and market-based accounting methods. All energy generation tracked in the market receives certificates, whether renewable, emission-free or with other emissions rates.

Customers can buy and sell these attributes and make claims related to their energy use. For example, after purchasing an EFEC, a customer can promote their emission-free efforts as:

• Supporting demand for generation sources that do not directly emit greenhouse gases.
• Demonstrating support for energy generation with little to no emissions.
• Showing commitment to operating without adding to pollution.

EFECs can be used interchangeably for RECs in greenhouse gas emissions accounting because zero carbon is equally important across both options. If a customer’s main goal is zero carbon emissions, EFECs may be the more cost-effective option.

Through fundamental knowledge of how emissions accounting works and the claims they can make with EFECs, businesses can confidently align their sustainability strategies with their carbon reduction goals. This ensures that their efforts are not only effective but also transparent and credible.

3. The Importance of EFECs in the Overall Grid Emissions Rate.

According to the U.S. Energy Information Administration, in January 2025, 39.1% of electricity in the United States was generated from zero-carbon generation, with 54.5% of that being renewable energy such as solar, wind or hydroelectric power.^* To effectively reduce emissions from all electricity generation, it’s important to encourage new renewables and maintain existing zero-carbon generation so supply increases year over year. Several states have added nuclear power zero-emission credits to their clean power regulations. By using EFECs, customers can support all zero-carbon technologies, helping to keep the overall emissions rate of the electric grid lower and achieve broader decarbonization goals.

Energy buyers should consider these factors to ensure the credits they purchase align with their sustainability goals. Constellation can help simplify environmental goals and reporting by providing emission-free options to businesses’ electricity supply and helping them promote their benefits.

Integrating Renewable and Emission-Free Purchases for Hourly Impact

Buyers may be able to integrate their renewable energy purchases with EFECs on an hourly basis to create an hourly carbon-free matching strategy. Hourly carbon-free energy (CFE) matching allows businesses to match their energy usage with carbon-free energy on an hourly basis and from the same local grid. By matching their electricity use with a local emission-free energy source in real time, businesses can go beyond net-zero programs and eliminate the carbon impact of their operations and fully achieve zero emissions goals.

Navigating Sustainable Solutions

Understanding the role of EFECs in the grid and how they contribute to broader decarbonization goals allows businesses to make informed decisions that support their sustainability strategies and help achieve their carbon reduction objectives.

Energy experts from providers like Constellation can help you select the best products for your business and integrate them into your energy strategy, enabling you to meet your carbon reduction goals with confidence.

Learn more

* Electric Power Monthly – U.S. Energy Information Administration (EIA)

© 2025 Constellation. The offerings described herein, if applicable, are those of either Constellation NewEnergy, Inc. or Constellation NewEnergy-Gas Division, LLC, affiliates of each other. Brand names and product names are trademarks or service marks of their respective holders. All rights reserved.

The post How Emission-Free Energy Certificates (EFECs) Help Companies Achieve their Carbon Goals appeared first on Constellation's Energy4Business Blog.

In today’s rapidly evolving world, technology and sustainability are progressing at an unprecedented rate. These developments are transforming various sectors...

The post Plugged In Podcast: The Evolution of Data Centers & Sustainability appeared first on Constellation's Energy4Business Blog.

In today’s rapidly evolving world, technology and sustainability are progressing at an unprecedented rate. These developments are transforming various sectors and reshaping our daily lives. As we navigate this new era, businesses must consider how the implementation of these technologies impacts the environment for the future.

The Impact of Technological Advancements

Advanced technologies are leading to unprecedented improvements in efficiency, accessibility and convenience. Various industries are benefiting by the integration of these technological advancements, seeing significant changes and new opportunities for growth and innovation.

• Healthcare: Advancements such as telemedicine, wearable devices and AI are revolutionizing patient care, making it more accessible and efficient. For instance, AI enhances diagnostic accuracy and personalizes treatment plans.
• Banking: The rise of Financial Technology (FinTech) and AI is transforming the banking industry by enhancing financial inclusion, streamlining transactions and improving customer service through chatbots and virtual assistants.
• Lifestyle: Smart home devices, the Internet of Things (IoT) and AI-powered personal assistants are making our homes more connected and convenient. AI is also helping manage daily tasks and optimizing energy consumption through smart grids.

These innovations require the support of robust infrastructure, including high-speed internet, reliable power supply and advanced data centers. As we continue to innovate, investing in and developing the necessary infrastructure ensures the seamless functioning of these technologies.

Supporting Responsible Innovation

As we focus on technological development, it’s essential to make sure it’s done sustainably. Sustainable technology aims to use resources efficiently while minimizing environmental impact.

Advancements in technology can also play a significant role in protecting the environment. Smart grids, for instance, optimize energy consumption and reduce waste. By prioritizing sustainability across various industries, we can create technologies that improve our lives while safeguarding the environment for future generations.

The Future of Sustainability

Looking ahead, there’s vast potential in the future of technology. Innovations like cloud computing and the shift towards enterprise-owned data centers have the possibility to transform various industries. However, achieving sustainable technological advancements requires collaboration. Governments, businesses and research institutions must work together to develop and implement sustainable solutions.

By combining resources and expertise, stakeholders can accelerate the adoption of innovative technologies and create a more sustainable future. For instance, public-private partnerships can facilitate the development of energy-efficient and environmentally friendly solutions. Together, we can pave the way for a future where technology and sustainability go hand in hand, ensuring a better world for generations to come.

Learn More with Our Podcast

Gain more insights into energy reporting by listening to our podcast, “Plugged In: Exploring Energy,” hosted by Chuck Hanna, Vice President of Solutions and National Accounts at Constellation. In episode five, we cover the topics discussed here as well as additional ones with Pat Lynch, Executive Managing Director at CBRE Data Center Solutions. Listen to our series for insights on the impact, challenges and innovations in AI and data centers.

By addressing these challenges and offering custom solutions, Constellation is leading the way in the transition to a sustainable and reliable energy future. Join us on this journey and discover how we can help you achieve your energy goals.

Listen to the Podcast

© 2025 Constellation. The offerings described herein, if applicable, are those of either Constellation NewEnergy, Inc. or Constellation NewEnergy-Gas Division, LLC, affiliates of each other. Brand names and product names are trademarks or service marks of their respective holders. All rights reserved.  The views, thoughts and opinions expressed in the blog and podcast by each participant belong solely to the speaker and not necessarily to the speaker’s employer (including Constellation Energy Corporation or any of its affiliates), organization, committee or other group or individual. Constellation does not make and expressly disclaims, any express or implied guaranty, representation or warranty regarding any opinions or statements set forth herein or in the webcast. Constellation shall not be responsible for any reliance upon any information, opinions, or statements contained in the webcast or for any omission or error of fact.

The post Plugged In Podcast: The Evolution of Data Centers & Sustainability appeared first on Constellation's Energy4Business Blog.

During Constellation’s March Energy Market Intelligence Webinar, Constellation’s Commodities Management Group (CMG) provided comprehensive coverage of current and future factors...

The post Webinar Analysts: Executive Orders, Tariffs, Spring Outlook and Natural Gas Storage appeared first on Constellation's Energy4Business Blog.

During Constellation’s March Energy Market Intelligence Webinar, Constellation’s Commodities Management Group (CMG) provided comprehensive coverage of current and future factors significantly affecting the energy landscape, including the impact of recent executive orders on energy markets, budget reconciliation, spring weather outlook and a look at natural gas storage levels.

Weather Report

Chief Meteorologist Dave Ryan started the webinar with a recap of winter weather conditions. This past winter was slightly colder than the 30-year average but still warmer than the past decade. Looking ahead, it is predicted that the U.S. will see a mild spring and summer with a back-and-forth weather pattern. There is no blocking expected in the weather pattern, meaning there will be no high-pressure systems that prevent weather changes, and a positive arctic oscillation will keep the polar vortex over the Arctic circle.

The forecast for April suggested a brief period of colder-than-normal weather, followed by a generally mild pattern. For the summer, the weather models have been suggesting an average of about 975 population-weighted cooling degree days, which would be the 13th warmest on record. The forecast indicated a lot of heat in the Western states and a near-normal pattern in the East.

Trump Administration Impact on Energy

David Gilbert, the Vice President for Federal Government Affairs, covered the significant impact of President Trump’s Executive Orders on energy systems, which came swiftly and aggressively after his inauguration. These actions caused price volatility due to tariffs and market instability in the short-term. The first few weeks of Trump’s second term saw markets react to the announcement, pause and reinstatement of tariffs, along with reciprocal actions. Additionally, Gilbert mentioned that the Executive Orders could result in fewer regulations and a streamlined permitting process, potentially reducing royalties on public lands and increasing opportunities to drill for oil and natural gas.

The team also discussed the budget reconciliation process, which allows legislation to pass with a simple majority of 51 votes in the Senate. This process is crucial in deciding whether the Tax Cuts and Jobs Act (TCJA) tax cuts will be extended or modified. The TCJA, President Trump’s signature achievement in his first term, lowered tax rates across the board, with many of these rates set to expire at the end of this calendar year. If Congress does not act, taxes would increase by $4.5 trillion on individuals across the country. However, before reconciliation can occur, both the House and Senate must pass identical budget resolutions. Currently, there are significant differences between the House and Senate versions, which need to be reconciled. The House passed its budget and David pointed out that this was the first step in an over four-step process.

Natural Gas Storage Fundamentals

Experts then covered natural gas storage fundamentals and how higher production and warmer weather contribute to a short-term bearish outlook as we enter “shoulder” month demand. Year over year production levels will likely begin to diverge as we saw production drop last year on a significant storage surplus.  This year we are facing a 27% deficit on a year over year basis. The withdrawal season is coming to a close, and the current storage will hover around 1.7 Tcf, about 600 Bcf less than this time last year. The forecast for production is about 105 billion cubic feet per day in 2025, moving up to about 108 billion cubic feet per day in 2026, which may cause a tight supply-demand balance through the rest of the year.

Looking at European gas storage levels, gas storage is currently very low, with some projections suggesting that by the end of the refill season, storage levels may only be about 75% full at 3.0 Tcf. This means there will be a continued strong demand for U.S. liquefied natural gas (LNG) as Europe continues to see a decline in natural gas imports from Russia.

Market Trends and Temperature

The experts discussed PJM’s capacity market, which is currently awaiting FERC’s decision on the settlement with Pennsylvania Governor Josh Shapiro. The settlement includes a new auction price floor and cap. FERC has indicated it will rule by April 21.  The webinar concluded with a look at forward power charts, including conversations about “the right time to buy,” the “Market Temperature” and other factors affecting the energy market.

View Webinar Recording

We invite you to join us for our next Energy Market Intel Webinar on Wednesday, May 21 at 2 pm ET. Constellation energy experts will offer detailed and timely updates on factors affecting the energy landscape such as weather, natural gas storage and production, and domestic and global economic conditions. Register by visiting  www.constellation.com/marketintelwebinar.

© 2025 Constellation. The offerings described herein, if applicable, are those of either Constellation NewEnergy, Inc. or Constellation NewEnergy-Gas Division, LLC, affiliates of each other. Brand names and product names are trademarks or service marks of their respective holders. All rights reserved.  The views, thoughts and opinions expressed in the webcast by each participant belong solely to the speaker and not necessarily to the speaker’s employer (including Constellation Energy Corporation or any of its affiliates), organization, committee or other group or individual. Constellation does not make and expressly disclaims any express or implied guaranty, representation or warranty regarding any opinions or statements set forth herein or in the webcast. Constellation shall not be responsible for any reliance upon any information, opinions, or statements contained in the webcast or for any omission or error of fact.

The post Webinar Analysts: Executive Orders, Tariffs, Spring Outlook and Natural Gas Storage appeared first on Constellation's Energy4Business Blog.

; rel="https://api.w.org/", ; rel="canonical" [x-powered-by] => WP Engine [x-cacheable] => CacheAlways: feed [cache-control] => max-age=600, must-revalidate [etag] => W/"89e7c6a77d538c26c2ada7e484e08883-gzip" [x-cache] => HIT: 2 [content-encoding] => gzip [cf-cache-status] => DYNAMIC [set-cookie] => __cf_bm=aDrCRDqgzAF_oCKkutDhdOpGCaW5xz6CL.xsFgUe384-1750302132-1.0.1.1-ku4c4OO6PAYjqzK_8sMSEcLkRE4.9mMw_eBxzGGeGVqF82TQagOMzd1nh8x.lXLbTLWGVJtuWiJMG3RC43b8gshFPweL2XBII7J45ZlV5HU; path=/; expires=Thu, 19-Jun-25 03:32:12 GMT; domain=.blogs.constellation.com; HttpOnly; Secure; SameSite=None [server] => cloudflare [cf-ray] => 951fc9461b3c6d11-ATL [alt-svc] => h3=":443"; ma=86400 ) ) [build] => 1727736619 [cache_expiration_time] => 1750345332 ) [error] => [status_code] => 200 [sanitize] => WP_SimplePie_Sanitize_KSES Object ( [base] => [remove_div] => 1 [image_handler] => [strip_htmltags] => Array ( [0] => base [1] => blink [2] => body [3] => doctype [4] => embed [5] => font [6] => form [7] => frame [8] => frameset [9] => html [10] => iframe [11] => input [12] => marquee [13] => meta [14] => noscript [15] => object [16] => param [17] => script [18] => style ) [encode_instead_of_strip] => [strip_attributes] => Array ( [0] => bgsound [1] => expr [2] => id [3] => style [4] => onclick [5] => onerror [6] => onfinish [7] => onmouseover [8] => onmouseout [9] => onfocus [10] => onblur [11] => lowsrc [12] => dynsrc ) [rename_attributes] => Array ( ) [add_attributes] => Array ( [audio] => Array ( [preload] => none ) [iframe] => Array ( [sandbox] => allow-scripts allow-same-origin ) [video] => Array ( [preload] => none ) ) [strip_comments] => [output_encoding] => UTF-8 [enable_cache] => 1 [cache_location] => wp_transient [cache_name_function] => md5 [cache_namefilter:SimplePie\Sanitize:private] => SimplePie\Cache\CallableNameFilter Object ( [callable:SimplePie\Cache\CallableNameFilter:private] => md5 ) [timeout] => 10 [useragent] => SimplePie/1.8.0 (Feed Parser; http://simplepie.org; Allow like Gecko) Build/1727736619 [force_fsockopen] => [replace_url_attributes] => Array ( [a] => href [area] => href [audio] => src [blockquote] => cite [del] => cite [form] => action [img] => Array ( [0] => longdesc [1] => src ) [input] => src [ins] => cite [q] => cite [source] => src [video] => Array ( [0] => poster [1] => src ) ) [registry] => SimplePie\Registry Object ( [default:protected] => Array ( [SimplePie\Cache] => SimplePie\Cache [SimplePie\Locator] => SimplePie\Locator [SimplePie\Parser] => SimplePie\Parser [SimplePie\File] => SimplePie\File [SimplePie\Sanitize] => SimplePie\Sanitize [SimplePie\Item] => SimplePie\Item [SimplePie\Author] => SimplePie\Author [SimplePie\Category] => SimplePie\Category [SimplePie\Enclosure] => SimplePie\Enclosure [SimplePie\Caption] => SimplePie\Caption [SimplePie\Copyright] => SimplePie\Copyright [SimplePie\Credit] => SimplePie\Credit [SimplePie\Rating] => SimplePie\Rating [SimplePie\Restriction] => SimplePie\Restriction [SimplePie\Content\Type\Sniffer] => SimplePie\Content\Type\Sniffer [SimplePie\Source] => SimplePie\Source [SimplePie\Misc] => SimplePie\Misc [SimplePie\XML\Declaration\Parser] => SimplePie\XML\Declaration\Parser [SimplePie\Parse\Date] => SimplePie\Parse\Date ) [classes:protected] => Array ( [SimplePie\Sanitize] => WP_SimplePie_Sanitize_KSES [SimplePie\File] => WP_SimplePie_File ) [legacy:protected] => Array ( [0] => WP_SimplePie_Sanitize_KSES [1] => WP_SimplePie_File ) [legacyTypes:SimplePie\Registry:private] => Array ( [Cache] => SimplePie\Cache [Locator] => SimplePie\Locator [Parser] => SimplePie\Parser [File] => SimplePie\File [Sanitize] => SimplePie\Sanitize [Item] => SimplePie\Item [Author] => SimplePie\Author [Category] => SimplePie\Category [Enclosure] => SimplePie\Enclosure [Caption] => SimplePie\Caption [Copyright] => SimplePie\Copyright [Credit] => SimplePie\Credit [Rating] => SimplePie\Rating [Restriction] => SimplePie\Restriction [Content_Type_Sniffer] => SimplePie\Content\Type\Sniffer [Source] => SimplePie\Source [Misc] => SimplePie\Misc [XML_Declaration_Parser] => SimplePie\XML\Declaration\Parser [Parse_Date] => SimplePie\Parse\Date ) ) [cache:SimplePie\Sanitize:private] => [cache_duration:SimplePie\Sanitize:private] => 3600 [https_domains] => Array ( ) ) [useragent] => SimplePie/1.8.0 (Feed Parser; http://simplepie.org; Allow like Gecko) Build/1727736619 [feed_url] => https://blogs.constellation.com/feed/ [permanent_url] => [file] => [raw_data] => https://blogs.constellation.com/ Stay up to date on energy news and policy updates from Constellation Experts Mon, 16 Jun 2025 13:15:38 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 https://blogs.constellation.com/wp-content/uploads/2020/10/cropped-CON_10817_FavIcon-Resize-01-1-32x32.png https://blogs.constellation.com/ 32 32 https://blogs.constellation.com/sustainability/plugged-in-the-impact-of-tax-incentives-on-clean-energy/ Thu, 05 Jun 2025 18:48:59 +0000 https://blogs.constellation.com/?p=10214 As the demand for renewable energy grows, the role of tax incentives in shaping our energy future is becoming increasingly...

The post Plugged In Podcast: The Impact of Tax Incentives on Clean Energy appeared first on Constellation's Energy4Business Blog.

]]> 3 min read

As the demand for renewable energy grows, the role of tax incentives in shaping our energy future is becoming increasingly important. More and more companies in the United States are seeking to meet their power needs with emissions-free electricity. To support this shift, tax incentives, along with legislation and policy, play a key role in determining energy prices and how quickly we are able to adopt clean energy technologies.

At Constellation, our advocacy efforts in Washington, D.C. ensure these credits support the continued operation and growth of nuclear energy — the nation’s largest source of carbon-free power. These incentives make clean energy projects more affordable and also drive innovation and sustainability efforts across the energy industry. Understanding how these policies work and their potential impact is essential for any business that wants to get on the path to a more sustainable future.

Benefits of Tax Incentives

Tax incentives have been significant in encouraging businesses to adopt clean energy generation. By reducing the financial burden, more businesses are likely to invest in clean energy projects because they fit within their budgets. One key part of these incentives is tech-neutral tax credits, which ensure that all types of clean energy technologies get equal support. This approach helps drive innovation and diversification in the clean energy industry, creating a competitive environment that moves us forward.

For example, the Investment Tax Credit (ITC) and Production Tax Credit (PTC) have played a large role in the growth of solar and wind energy in the United States. These credits have helped lower the cost of renewable energy projects, making them more competitive with traditional energy sources. The recently enacted production tax credit for existing nuclear plants has assured the continued operation of highly reliable nuclear units, the nation’s largest source of clean energy.

Tech-neutral tax credits are essential because they don’t favor one clean energy technology over another. This allows businesses to implement the most efficient and effective solutions for their operations. It also encourages innovation and the adoption of a wide range of clean energy solutions, from solar and wind to emerging technologies like advanced nuclear and carbon capture.

Impact on Electricity Prices

Tax incentives significantly influence electricity prices by lowering the cost of clean energy generation, which can stabilize and reduce prices for consumers. However, if these tax credits were removed, the cost of generating clean energy could rise, leading to higher electricity prices. This would negatively impact consumers and also slow down the transition to a cleaner energy grid. Therefore, it’s important to keep supportive policies in place to ensure clean energy remains affordable and accessible, benefiting both the economy and the environment.

Future Federal Policy Considerations

Looking ahead, it’s important to take a balanced approach to federal policy. Policymakers need to focus on the long-term goal of creating a self-sustaining market for clean energy. This means not only maintaining existing incentives but also looking into advancing manufacturing credits and other innovative policy measures. By doing so, we can support the growth of the clean energy industry and support a more stable economy.

Advanced manufacturing credits can play a significant role in this transition by supporting the development and implementation of new technologies. These credits can lower the cost of manufacturing clean energy technologies, making them more competitive with traditional energy sources. Future federal policies should also focus on creating a stable and predictable regulatory environment, which is key to attracting investment and fostering innovation.

For more insights and resources on clean energy policies and incentives, businesses can follow the Clean Energy Buyers Alliance (CEBA) to access information on best practices, industry trends and more.

Learn More with Our Podcast

Gain more insights into energy reporting by listening to our podcast, “Plugged In: Exploring Energy,” hosted by Chuck Hanna, Vice President of Solutions and National Accounts at Constellation. In the latest episode, we cover the topics discussed here as well as additional ones with Rich Powell, CEO of the Clean Energy Buyers Association (CEBA). Listen to our series for insights into the impact, challenges and innovations in grid-enhancing technologies and sustainability policies.

By addressing these challenges and offering custom solutions, Constellation is leading the way in the transition to a sustainable and reliable energy future. Join us on this journey and discover how we can help you achieve your energy goals.

 

Listen to the Podcast

 

© 2025 Constellation. The offerings described herein, if applicable, are those of either Constellation NewEnergy, Inc. or Constellation NewEnergy-Gas Division, LLC, affiliates of each other. Brand names and product names are trademarks or service marks of their respective holders. All rights reserved.  The views, thoughts and opinions expressed in the blog and podcast by each participant belong solely to the speaker and not necessarily to the speaker’s employer (including Constellation Energy Corporation or any of its affiliates), organization, committee or other group or individual. Constellation does not make and expressly disclaims, any express or implied guaranty, representation or warranty regarding any opinions or statements set forth herein or in the webcast. Constellation shall not be responsible for any reliance upon any information, opinions, or statements contained in the webcast or for any omission or error of fact.

 

 

The post Plugged In Podcast: The Impact of Tax Incentives on Clean Energy appeared first on Constellation's Energy4Business Blog.

]]> Alex Aguiar https://blogs.constellation.com/energy-management/webinar-analysts-summer-weather-lng-exports-and-capacity-market-updates/ Fri, 30 May 2025 18:23:24 +0000 https://blogs.constellation.com/?p=10210 During Constellation’s May Energy Market Intelligence Webinar, the Commodities Management Group (CMG) provided comprehensive coverage of current and future factors significantly...

The post Webinar Analysts: Summer Weather, LNG Exports and Capacity Market Updates appeared first on Constellation's Energy4Business Blog.

]]> 3 min read

During Constellation’s May Energy Market Intelligence Webinar, the Commodities Management Group (CMG) provided comprehensive coverage of current and future factors significantly affecting the energy landscape, including analysis on summer weather patterns, LNG exports and global demand and capacity market updates.

Weather Outlook

Chief Meteorologist Dave Ryan provided a detailed analysis of weather patterns and their potential impacts on the energy markets. This summer is expected to bring greater temperature volatility than in recent years. The Eastern Interconnection region is expected to see below-normal temperatures, while the South is forecasted to experience higher-than-average heat.

The team also discussed the outlook for El Niño and La Niña conditions, as the forecast currently calls for a neutral to weak La Niña. However, there is a possibility of transitioning into a weak El Niño by winter, which could lead to warmer-than-normal conditions.

Crude Oil Market Movement

Oil prices are under downward pressure, driven by a variety of factors including recent diplomatic efforts by the Trump administration in the Middle East. These efforts appear to involve a strategic exchange, offering national security assurances to Arab states concerning Iran in exchange for cooperation on trade, technology and oil price stability.

While lower oil prices help control inflation and support consumer energy affordability, they pose significant challenges for U.S. oil producers, who need higher oil prices to ensure profitable operations and justify continued investment in drilling and exploration. As oil prices near $50 per barrel, concerns are growing about domestic producers potentially adjusting their capital expenditures for future years, which could impact natural gas production due to its close link to oil drilling activities.

Natural Gas Fundamentals

Natural gas production has reached record highs, but future demand, driven by increased consumption across all natural gas sectors, including power generation, residential, commercial, industrial and LNG exports, raises concerns. Storage levels are currently above the five-year average, and continued strong injections could shift the market from a bullish to a neutral stance. End-of-season storage levels are expected to reach around 3.8 trillion cubic feet, which is considered adequate, though a harsh winter could test these reserves.

The growing role of LNG was emphasized, with U.S. export capacity currently at 16.6 Bcf/d and projected to increase to 37 Bcf/d by 2030. This expansion was influenced by global demand shifts, particularly in Europe and developing regions transitioning to cleaner energy sources.

Capacity Auction Updates

The 2025 NERC Summer Reliability Assessment found that several key regions, including ERCOT, MISO and ISONE, are at risk due to tightening reserve margins. Since August 31, 2024, the aggregate peak demand for the NERC control area has increased by 10 GW, more than double the increase from the previous summer, while 7.5 GW of generation has retired, straining reserve margins in certain zones. To address this, regions have been implementing measures to address capacity concerns, including fast-tracking new generation projects. This initiative aims to bring new combined cycle plants and battery storage online to meet anticipated demand growth, particularly from data centers. However, limited turbine manufacturing capacity and tight timelines for upcoming capacity auctions present challenges.

The team also discussed recent capacity auction pricing in MISO and PJM. The latest MISO auction met resource adequacy requirements, but reserve margins declined from 9.0% to 7.9%. Demand growth continues to pressure prices for dispatchable capacity. In PJM, the cap-and-floor pricing method will limit volatility for the next two auctions. Project development through the Reliability Resource Initiative (RRI) will be closely monitored to assess effectiveness by bringing new units online quickly.

Market Trends and Temperature

The webinar concluded with a look at forward power charts, including conversations about “the right time to buy,” the “Market Temperature” and other factors affecting the energy market.

 

View Webinar Recording

 

We invite you to join us for our next Energy Market Intel Webinar on Wednesday, June 18 at 2 pm ET. Constellation energy experts will offer detailed and timely updates on factors affecting the energy landscape such as weather, natural gas storage and production, and domestic and global economic conditions. Register by visiting  www.constellation.com/marketintelwebinar.

 

© 2025 Constellation. The offerings described herein, if applicable, are those of either Constellation NewEnergy, Inc. or Constellation NewEnergy-Gas Division, LLC, affiliates of each other. Brand names and product names are trademarks or service marks of their respective holders. All rights reserved.  The Webinar, and this written recap, reflect the views, thoughts and opinions of each speaker and not necessarily to the speaker’s employer (including Constellation Energy Corporation or any of its affiliates), organization, committee or other group or individual. Constellation does not make and expressly disclaims any express or implied guaranty, representation or warranty regarding any opinions or statements set forth herein or in the webcast. Constellation shall not be responsible for any reliance upon any information, opinions, or statements contained in the webcast or for any omission or error of fact.

The post Webinar Analysts: Summer Weather, LNG Exports and Capacity Market Updates appeared first on Constellation's Energy4Business Blog.

]]> Amanda Donohue https://blogs.constellation.com/energy-management/understanding-the-pjm-base-residual-auction-changes/ Tue, 27 May 2025 16:24:54 +0000 https://blogs.constellation.com/?p=10204 Interested in understanding how the electricity market ensures there’s enough capacity to meet peak demand and maintain grid stability? The...

The post Understanding the PJM Base Residual Auction Changes appeared first on Constellation's Energy4Business Blog.

]]> 4 min read

Interested in understanding how the electricity market ensures there’s enough capacity to meet peak demand and maintain grid stability? The PJM Base Residual Auction (BRA) plays a critical role in this process. By understanding the basics of the BRA, the reasons behind recent delays, the expected timeline for future auctions and options available to customers, businesses can make informed decisions and plan effectively.

Exploring the PJM Base Residual Auction

The PJM BRA is typically held annually and secures commitments from electricity suppliers to provide capacity to meet the forecasted demand for electricity in the PJM region. As a requirement for the PJM BRA, capacity market sellers, such as power generators, are required to offer their resources for a one-year term, traditionally three years in advance. This process ensures there is enough generation or load-management capacity to meet peaks in demand, maintaining a stable and reliable supply for customers.

Reasons Behind the Delays

To understand the current state of the PJM BRA, it’s important to look back at the delays that created uncertainty in the market. The PJM BRA for the 2022/2023 delivery year, originally scheduled for May 2019, was postponed multiple times and eventually held in May 2021. These delays were primarily due to regulatory changes associated with the implementation of the Minimum Offer Price Rule (MOPR).

Insights from the 2025/26 PJM Base Residual Auction

The 2025/2026 PJM BRA brought significant changes and higher prices. Capacity prices for PJM’s most recent BRA for the June 2025 through May 2026 period increased by over 800% for much of the PJM region compared to the PJM-wide prices for the period from June 2024 through May 2025. Various factors contributed to these results, including power plant retirements, higher peak summer demand, a higher Installed Reserve Margin (IRM), and notable market reforms approved by the Federal Energy Regulatory Commission (FERC). These market reforms included changes aimed at better reflecting risks from extreme weather and addressing system reliability. As a result, businesses across PJM’s footprint, including parts of Maryland, Delaware, DC, Virginia, Pennsylvania, Ohio, New Jersey and Illinois, will see higher capacity costs beginning in June 2025. These changes will affect all energy providers in the PJM region.

Expected Timeline for Future Auctions

The delays and regulatory changes from previous auctions have affected the scheduling and planning of future auctions, leaving market participants with less advance visibility into future capacity prices.  Historically, PJM capacity auctions provided a clear view of capacity costs three years into the future. However, due to recent delays, that has not been the case.

Currently, capacity prices are known only through May of 2026. The base auction for the 2026/2027 delivery year, which was originally scheduled for December 2024, has been delayed to July 2025. This delay continues to impact customers’ ability to plan and make informed decisions based on future capacity prices.

Looking ahead, subsequent base auctions are expected to be held approximately every six months in an attempt to try to catch up to the traditional auction schedule and provide market participants with more advance visibility into future capacity auction results.

Impact on Customers

Looking ahead, we have already seen FERC approve a number of additional changes to be implemented with the 2026/27 BRA. How these changes may affect future capacity auctions is still unclear, adding another layer of complexity for businesses planning their energy strategies.

As businesses plan for future budgets, it’s important to be aware of the recent changes affecting capacity markets in PJM, the 2025/26 auction results and the current status of the market. As mentioned above, businesses across PJM are facing higher capacity costs starting in June 2025. These changes in costs will affect all energy providers operating within the PJM region.

Options Available to Businesses

When evaluating energy supply options, it is important to consider the current market dynamics and understand the periods for which capacity auctions have cleared versus those that may still be unknown. Given the auction delays and additional reforms already made for capacity periods 2026-2027 or potentially forthcoming through 2029-2030, many customers are considering how best to approach capacity in their upcoming electricity procurements. Two options that some customers are considering are:

• Opting for passing through their capacity costs altogether
• Opting for a product that includes a baseline capacity cost from which adjustments upward or downward will be made once actual costs become known (after each applicable period’s auction clears).

These options enable customers to avoid paying additional risk premiums to potentially fix a cost that would still be subject to change if subsequent market reforms are later approved or implemented. Additionally, passing through capacity costs allows customers to realize cost savings, if they  successfully manage their peak load contribution or take other actions to reduce future capacity obligations. Businesses should weigh the pros and cons of various approaches to see which direction would work best with their individual needs.

Empower Your Energy Strategy

Understanding capacity market dynamics and product options is key to making informed decisions. Constellation provides a variety of solutions to help manage your electricity costs. Whether your business needs procurement options or solutions to help drive down costs through peak load management or energy efficiency, our energy experts are here to help you navigate these complexities and optimize your energy strategy.

Contact Us

 

 © 2025 Constellation. The offerings described herein are those of either Constellation NewEnergy, Inc., Constellation NewEnergy-Gas Division, LLC or Constellation Navigator, LLC, affiliates of each other. Brand names and product names are trademarks or service marks of their respective holders. All rights reserved.  

 

 

 

The post Understanding the PJM Base Residual Auction Changes appeared first on Constellation's Energy4Business Blog.

]]> Rob Kirkner https://blogs.constellation.com/sustainability/plugged-in-podcast-navigating-energy-challenges-to-meet-sustainability-goals/ Fri, 09 May 2025 19:12:12 +0000 https://blogs.constellation.com/?p=10200 In today’s fast-changing industrial world, creating sustainability strategies that integrate energy efficiency and innovative energy solutions is essential for businesses...

The post Plugged In Podcast: Navigating Energy Challenges to Meet Sustainability Goals appeared first on Constellation's Energy4Business Blog.

]]> 4 min read

In today’s fast-changing industrial world, creating sustainability strategies that integrate energy efficiency and innovative energy solutions is essential for businesses striving to reduce their carbon footprint. By adopting advanced technologies and sustainable practices, businesses can transform their operations, build resilience and drive progress amid environmental and economic challenges. Additionally, these practices enable companies to save costs, improve operational efficiency and enhance their reputation.

Businesses are realizing that energy efficiency can be a major competitive advantage. The journey towards energy innovation involves a commitment to continuous improvement, collaboration and adaptability. It also requires strong partnerships, embracing new technologies and developing strategies to navigate political and financial challenges.

Driving Progress through Energy Innovations

Prioritizing progress is crucial for businesses to stay competitive. Implementing innovative energy solutions can lead to better operational efficiency and cost savings. The key for many businesses is to balance long-term environmental goals with immediate operational challenges. Incremental progress and innovative solutions like offsite solar play a large role in achieving these goals.

Handling political and financial uncertainties is another critical aspect of maintaining progress. Businesses need to develop strategies to navigate external pressures while continuing to push for innovation. When they can implement creative problem-solving and adopt innovative solutions, it’s easier to overcome these challenges and ensure long-term sustainability.

Implementing Flexible Strategies for Adaptability

Across various industries, the benefits of adaptability have become increasingly evident. Organizations face unique challenges, such as maintaining operations during emergencies and balancing financial constraints with the need for sustainable practices. By adopting flexible solutions, they can achieve their sustainability goals while ensuring their primary objectives remain the top priority.

In healthcare, hospitals and healthcare providers face unique challenges, such as maintaining operations during emergencies and balancing financial constraints with the need for sustainable practices. By implementing a variety of innovative solutions that adapt to different challenges, healthcare organizations can achieve their sustainability goals without disruption in patient care.

Building Partnerships for Energy Goals

Working together with partners is crucial for achieving sustainability goals. Partnerships give businesses access to expertise and resources that help them innovate and build resilience. Successful partnerships often lead to joint efforts in renewable energy projects and energy-saving measures, which have resulted in significant environmental and financial benefits. Taking proactive steps in supply chain sustainability, energy efficiency and customer-centered environmental strategies highlight the importance of collaboration.

Focusing on Key Areas for Sustainability

To further advance sustainability goals, businesses must focus on key areas such as supply chain relationships and exploring new energy technologies to ensure their entire supply chain follows sustainable practices. By working closely together with partners and stakeholders, businesses can explore advanced technologies, such as geothermal and carbon capture, to reduce emissions and enhance energy efficiency.

In the healthcare industry, it’s important to ensure patient care remains the top priority while implementing energy solutions. Achieving this balance requires meticulous planning and collaboration among various departments to provide high-quality care without compromising on sustainability.

Creating a Sustainable Future

Innovative energy solutions are transforming the way businesses operate, enabling them to significantly reduce their environmental footprint, improve operational efficiency and achieve long-term sustainability. Constellation offers a range of solutions designed to help businesses meet their energy goals and navigate the complexities of the energy landscape, including:

• Carbon-Free Electricity

Constellation provides sustainable and cost-effective solutions to lower Scope 2 emissions by incorporating Emission-Free Energy Certificates (EFECs) or Renewable Energy Certificates (RECs). Businesses can directly meet sustainability goals by ensuring that energy consumption is matched with clean energy sources.

• Offsite Renewable Energy Solutions

Constellation Offsite Renewables (CORe) is a reliable solution that simplifies and expands access to offsite renewable projects, allowing businesses to meet sustainability goals through long-term contracts with renewable energy projects.

• Hourly Matching Products

Some large electricity users are looking to find a way to bridge the gap between their real-time electricity demand and available carbon-free power sources to make the transition to 100% carbon-free power. Constellation’s hourly carbon-free energy matching (HCFE) product allows businesses to match their energy usage with carbon-free energy on an hourly basis, ensuring their electricity consumption is aligned with clean energy sources.

• Efficiency Made Easy® (EME): EME helps customers implement efficiency improvements with no upfront cost, reducing energy costs and modernizing facilities. Additionally, by leveraging solutions like EFECs and RECs, businesses can further enhance sustainability efforts by supporting emission-free and renewable energy sources to meet their goals.

By integrating these sustainability products into energy strategies, businesses can optimize their energy strategies and advance their commitments to sustainability.

Learn More with Our Podcast

Gain more insights into energy reporting by listening to our podcast, “Plugged In: Exploring Energy,” hosted by Chuck Hanna, Vice President of Solutions and National Accounts at Constellation. In the latest episode, we cover the topics discussed here as well as additional ones with Kyle Tafuri, Vice President of Sustainability at Hackensack Meridian Health. Listen to our series for insights into the impact, challenges and innovations in energy efficiency and sustainability initiatives.

By addressing these challenges and offering custom solutions, Constellation is leading the way in the transition to a sustainable and reliable energy future. Join us on this journey and discover how we can help you achieve your energy goals.

 

Listen to the Podcast

 

© 2025 Constellation. The offerings described herein, if applicable, are those of either Constellation NewEnergy, Inc. or Constellation NewEnergy-Gas Division, LLC, affiliates of each other. Brand names and product names are trademarks or service marks of their respective holders. All rights reserved.  The views, thoughts and opinions expressed in the blog and podcast by each participant belong solely to the speaker and not necessarily to the speaker’s employer (including Constellation Energy Corporation or any of its affiliates), organization, committee or other group or individual. Constellation does not make and expressly disclaims, any express or implied guaranty, representation or warranty regarding any opinions or statements set forth herein or in the webcast. Constellation shall not be responsible for any reliance upon any information, opinions, or statements contained in the webcast or for any omission or error of fact.

 

 

The post Plugged In Podcast: Navigating Energy Challenges to Meet Sustainability Goals appeared first on Constellation's Energy4Business Blog.

]]> Alex Aguiar https://blogs.constellation.com/sustainability/the-impact-of-renewable-natural-gas-on-sustainability/ Thu, 01 May 2025 17:15:40 +0000 https://blogs.constellation.com/roadmap-to-sustainability/sustainability-strategy-two-ways-to-reduce-carbon-impacts-of-natural-gas-copy/ As more businesses look to decarbonize their energy supply and enhance sustainability in their operations, many are exploring ways to...

The post The Impact of Renewable Natural Gas on Sustainability appeared first on Constellation's Energy4Business Blog.

]]> 3 min read

As more businesses look to decarbonize their energy supply and enhance sustainability in their operations, many are exploring ways to optimize their natural gas use. Renewable Natural Gas (RNG) is a clean option that provides environmental benefits with little to no equipment or operational modifications. RNG is available on the pipeline and is a mass balance environmental product (a method to track and account for use of bio-based feedstocks) that requires no changes to natural gas equipment already on site. By integrating RNG into customized energy strategies, businesses can benefit from using current equipment without needing capital improvements, maintaining overall equipment efficiency and achieving long-term sustainability and scope 1 reduction goals.

What is Renewable Natural Gas?

RNG is pipeline-quality natural gas that originates from the decomposition of organic matter and includes its associated environmental attributes. This process produces raw biogas, which is then upgraded to meet applicable pipeline pressure, quality and heat content requirements. Once purified, RNG is injected into the commercial pipeline system, just like regular geologic natural gas. Biogas can be produced from sources like municipal solid waste landfills, wastewater treatment plants, and various other anaerobic digester feedstocks, such as agricultural and livestock waste, food production facilities and organic waste management operations.

The environmental impact of RNG

RNG projects capture and recover methane from landfills or anaerobic digestion (AD) plants, preventing it from being vented and released into the atmosphere. Methane has a global warming potential over 25 times that of CO2 and a relatively short atmospheric life of 12 years. By capturing and utilizing methane emissions, the use of RNG can help to significantly mitigate global climate change by displacing the use of conventional fossil-derived natural gas.

In addition to its climate benefits, RNG can also positively impact transportation emissions. Replacing traditional diesel or gasoline engines with RNG-powered natural gas engines can also significantly reduce nitrogen oxide and particulate matter emissions, resulting in improved local air quality.

Ultimately, replacing fossil fuels with RNG can significantly reduce CO2 emissions on a lifecycle basis. Compared to natural gas, RNG can lower emissions by up to 40% when used as transportation fuel. In 2023, RNG as a transportation fuel achieved carbon reduction equivalent to growing 115,146,800 tree seedlings for ten years or preserving 8,130,425 acres of U.S. forests for one year.¹

How RNG impacts your business

The environmental benefits associated with RNG, including reduced carbon emissions compared to fossil-derived natural gas, can be paired with end-users’ natural gas consumption to support renewable energy claims. Specific sustainability claims and emission reduction levels will depend on the specific end-use of the gas and the chosen GHG emission reporting standards. By integrating RNG into their energy strategies, businesses can achieve significant sustainability goals without the need for major infrastructure changes.

Additionally, businesses can benefit from renewable and carbon credits when RNG is used as a transportation fuel in vehicles. An electronic tracking system on MRETS has been established to issue Renewable Thermal Credits (RTCs), which can be purchased, tracked and retired to document sustainability claims.

Transform Your Energy Strategy with RNG

By adopting sustainable natural gas strategies, businesses can reduce GHG emissions, demonstrating to customers, investors and employees that they are actively contributing to a more sustainable future. Constellation is committed to helping you navigate your sustainability journey and develop a tailored strategy that meets your unique needs.

Contact us today to learn how we can help you develop a tailored RNG strategy that meets your unique needs.

Contact Us

 

1. Renewable Natural Gas Infographics: View at RNG Coalition — The Coalition For Renewable Natural Gas

 

© 2025 Constellation. The offerings described herein, if applicable, are those of either Constellation Navigator, LLC, Constellation NewEnergy, Inc. or Constellation NewEnergy-Gas Division, LLC, affiliates of each other. Brand names and product names are trademarks or service marks of their respective holders. All rights reserved. 

The post The Impact of Renewable Natural Gas on Sustainability appeared first on Constellation's Energy4Business Blog.

]]> Amanda Donohue https://blogs.constellation.com/energy-management/april-2025-energy-market-update/ Mon, 28 Apr 2025 14:21:35 +0000 https://blogs.constellation.com/?p=10193 Unlock the power of informed energy decisions with Constellation, your source for understanding all the factors that influence the energy...

The post April Energy Market Update appeared first on Constellation's Energy4Business Blog.

]]> 3 min read

Unlock the power of informed energy decisions with Constellation, your source for understanding all the factors that influence the energy market. Constellation’s Commodities Management Group provides key insights into weather, economic trends, natural gas dynamics and purchasing fundamentals important to your energy procurement strategy. With these insights, your business can confidently navigate the complexities of the energy market.

Weather Report

The short-term weather outlook predicts that temperatures in the East will be above normal to well above normal. This will result in minimal demand from the Midwest across the Great Lakes and into the Northeast. However, higher temperatures in the Ohio Valley, Mid-Atlantic and South will lead to some above normal cooling demand. In the West, the weather will continue to be mild, with highs generally in the 50s and 60s for the Northwest and Rockies, 60s and 70s for California and 80s and 90s for the Desert Southwest and the Four Corners region.

In the longer term, the start of May is expected to be mild to warm, leading to increased cooling demand in the South and Southwest. Meanwhile, low demand and mild weather are expected in other regions.

Economic Update

The largest factors affecting the economy have been the Trump administration’s tariff policies and Trump’s comments on potentially firing Federal Reserve Chairman Jerome Powell, which have caused market volatility, lowered consumer confidence, and harmed relationships with key trading partners.

On 4/21, the International Monetary Fund (IMF) issued a report stating that the impact of a U.S.-China trade war would be fully realized in 2026 if current tariff rates hold steady. However, the IMF expects a recession to be unlikely. The IMF reduced Chinese growth rates by 0.6% and 0.5% for 2025 and 2026 respectively, bringing them down to 4.0% for both years. They also downgraded global growth from 3.3% to 2.8% for 2025 and from 3.3% to 2.9% for 2026.

Natural Gas Fundamentals

Current inventories as of 4/24 are 1,934 Bcf with a 478 Bcf deficit to last year and a 44 Bcf deficit compared to the 5-year average.

According to the EIA’s Natural Gas Weekly Update, dry natural gas production grew by 0.5% (0.5 Bcf/d) to an average of 106.3 Bcf/d, while average net imports from Canada decreased by 9.3% (0.6 Bcf/d) from last week. Production was about 6 Bcf/d higher than it was for the same week last year, with volumes higher in the Marcellus and Haynesville regions. Natural gas demand growth continues to be driven by LNG exports as new capacity comes online. Average natural gas deliveries to U.S. LNG export terminals increased by 0.2 Bcf/d from last week to 16.8 Bcf/d this week, according to data from S&P Global Commodity Insights.

In 2024, the Appalachia region (PA, OH and WV) produced the most natural gas, accounting for 31% or 35.6 Bcf/d of marketed natural gas production. The Permian (TX and NM) accounted for 22% of all U.S. production but the vast majority of production growth. The Henry Hub spot price averaged $2.21 per million British thermal units (MMBtu) in 2024, the lowest average annual Henry Hub price ever reported and 16% lower than the 2023 annual average. Higher oil and natural gas prices, along with a build-out of pipeline takeaway capacity, will be critical for natural gas production to keep pace with the growing demand from LNG exports and gas-fired generation.

FERC Capacity Auction Cap

The Federal Energy Regulatory Commission (FERC), in a 4-0 decision on Monday, April 21, approved the PJM Interconnection’s proposal to set a price cap and price floor for its next two capacity auctions. According to FERC, without this collar, the range of prices could have gone from $0/MW-Day to as high as $500/MW-Day. Despite opposition to the decision from its own independent market monitor and other market participants, FERC believes the cap structure addresses “converging” factors such as rapid demand growth, plant retirements, state and federal policies and the slow development of new builds and transmission. By authorizing the capacity auction cap for the next two PJM auctions, FERC is confident that the temporary structure will provide the market price signal to encourage resource development while limiting costs for consumers.

Stay Informed

For more insights like this, we invite you to join us for Energy Market Intel’s return webinar on Wednesday, May 21 at 2 pm EST, where Constellation energy experts will offer detailed and timely updates on factors affecting energy prices such as weather, gas storage and production, and domestic and global economic conditions. Register by visiting  www.constellation.com/marketintelwebinar.

 

Register for our Market Intel Webinar

 

 

© 2025 Constellation. The offerings described herein, if applicable, are those of either Constellation NewEnergy, Inc. or Constellation NewEnergy-Gas Division, LLC, affiliates of each other. Brand names and product names are trademarks or service marks of their respective holders. All rights reserved.  

The post April Energy Market Update appeared first on Constellation's Energy4Business Blog.

]]> Amanda Engel https://blogs.constellation.com/sustainability/managing-scope-2-emissions-with-sustainability-solutions/ Tue, 22 Apr 2025 06:06:19 +0000 https://blogs.constellation.com/sustainability/expanding-access-to-offsite-renewable-energy-copy/ As businesses work to reduce their carbon footprint and meet sustainability goals, addressing Scope 2 emissions has become a critical...

The post Managing Scope 2 Emissions with Sustainability Solutions appeared first on Constellation's Energy4Business Blog.

]]> 3 min read

As businesses work to reduce their carbon footprint and meet sustainability goals, addressing Scope 2 emissions has become a critical part of their environmental strategy. By implementing a variety of simple and strategic solutions, businesses can effectively reduce Scope 2 emissions and meet their sustainability goals.

Understanding Scope 2 Emissions                 

Scope 2 emissions, also known as indirect greenhouse gas emissions, come from purchased energy used to power company operations. Although they physically occur at the facility where the energy is generated, they are included in an organization’s GHG inventory because they stem from the organization’s energy use.

When accounting for Scope 2 emissions from purchased electricity, businesses have two primary approaches:

• Location-Based Method: Assesses average emissions factors for regional utility grids supplying a company’s facilities. This method provides insights into the general carbon intensity of electricity where a company operates.
• Market-Based Method: Evaluates emissions from electricity that companies have purposefully chosen. It tracks the emissions through contracts, which includes agreements for the sale and purchase of energy, either bundled with attributes about the energy generation or as separate, unbundled attributes.

While understanding the difference between location- and market-based methods is essential, businesses should also consider how each method would impact their operations. To effectively reduce emissions, it’s important to evaluate strategies based on the timeline of their goals. Businesses can use a combination of solutions based on simple or strategic implementation.

Solutions for Reducing Scope 2 Emissions

Reducing Scope 2 emissions is essential for demonstrating a commitment to environmental sustainability. This can be achieved by purchasing carbon-free power generation and associated emission-free energy certificates (EFECs), implementing energy efficiency measures, installing non-emitting on-site generation, and purchasing renewable energy and renewable energy certificates (RECs).

When choosing a solution, businesses should consider several factors, including timing, budget and sustainability goals. There are a variety of solutions that provide quick, measurable results for emissions reduction, such as Emission-Free Energy Certificates (EFECs) and Renewable Energy Certificates (RECs). Additionally, businesses can choose long-term solutions that may involve direct actions and commitments, such as supporting the development of offsite renewable energy projects or purchasing Hourly Carbon-Free Energy Matching (hourly CFE).

Simple Sustainability Solutions

Customers can purchase carbon-free or renewable electricity to cost-effectively support the production of electric power from generation sources that do not directly emit greenhouse gases (GHGs). Both options are easy to implement, can significantly reduce reported emissions, and help companies meet their sustainability goals.

• Emission-Free Energy Certificates represent the emission-free attributes of a generation source that does not emit greenhouse gases, such as solar, wind, nuclear and hydropower.¹ When buying carbon-free electricity from Constellation, customers’ electricity usage is matched with EFECs from those energy sources, allowing businesses to attribute usage to carbon-free electricity. EFECs can also help businesses:

• Meet goals for lowering emissions associated with electricity consumption.^{2, 3}
• Demonstrate support for emission-free generation sources.

• Renewable Energy Certificates Renewable Energy Certificates represent the environmental benefits of renewable energy. Sourced from renewable generating facilities within the continental U.S., each REC serves as proof that energy has been generated from a renewable resource and can be retired on behalf of a company in support of an environmental commitment.
• Project-Specific RECs offer location-specific benefits by sourcing RECs from specific offsite renewable projects. Available in both competitive and regulated energy markets, businesses that purchase project RECs support renewable energy projects that can lower their Scope 2 emissions.²

Strategic Sustainability Solutions

Businesses looking for strategic solutions can choose between solutions that provide substantial benefits and significantly reduce carbon emissions.

• Constellation Offsite Renewables integrates renewable energy purchases from existing or new build renewable generation assets into a load-following energy supply agreement. Constellation provides customers with energy and project RECs from the renewable project.
• Hourly Carbon-Free Energy Matching allows businesses to match their energy usage with carbon-free energy on an hourly basis and from the same local grid.

Purchasing hourly CFE through Constellation can also help businesses:

• Track progress on-demand through Constellation’s Hourly CFE Dashboard, available in Constellation’s digital platform.
• Retire hourly time-stamped RECs and/or EFECs in the PJM GATS registry at year-end.
• Incorporate prior offsite carbon-free purchases into your overall CFE strategy.
• Secure CFE flexibility with price stability through short- and long-term agreements

Charting a Path Towards Sustainability

Leveraging any of these simple or strategic solutions can help your business find the optimal strategy that aligns with your needs. Connect with Constellation’s energy experts today to create a customized energy strategy and get on the path towards a more sustainable future.

 

Contact Us Today

 

¹ This product is primarily sourced from nuclear facilities located within the PJM service territory. Constellation reserves the right to supply EFECs from any generating facility that does not directly emit greenhouse gases, including hydropower, solar, or wind.

² Please review GHG Protocol reporting requirements to confirm the eligibility of any market-based instrument.

³ Based on current World Resources Institute (WRI) guidance. Scope 2 reporting claims of this product may be affected by future changes.

 

© 2025 Constellation. The offerings described herein, if applicable, are those of either Constellation Navigator, LLC, Constellation NewEnergy, Inc. or Constellation NewEnergy-Gas Division, LLC, affiliates of each other. Brand names and product names are trademarks or service marks of their respective holders. All rights reserved. 

The post Managing Scope 2 Emissions with Sustainability Solutions appeared first on Constellation's Energy4Business Blog.

]]> Amanda Donohue https://blogs.constellation.com/sustainability/how-emission-free-energy-certificates-efecs-help-companies-achieve-their-carbon-goals/ Tue, 08 Apr 2025 14:45:12 +0000 https://blogs.constellation.com/?p=7756 Incorporating sustainability into business strategies is essential for effective planning, offering benefits from cost savings to enhanced reputation and compliance...

The post How Emission-Free Energy Certificates (EFECs) Help Companies Achieve their Carbon Goals appeared first on Constellation's Energy4Business Blog.

]]> 4 min read

Incorporating sustainability into business strategies is essential for effective planning, offering benefits from cost savings to enhanced reputation and compliance with government policies. Energy managers are increasingly focused on developing strategic plans that align with their budget and carbon reduction goals. With the guidance of an energy supplier, businesses can navigate energy solutions and identify the optimal options to achieve their objectives.

There are a variety of innovative solutions businesses can easily integrate into their sustainability strategies, reducing their carbon footprints while ensuring energy consumption is aligned with clean energy sources or matched with renewable energy generation.

What are EFECs?

Emission-Free Energy Certificates (EFECs) are a cost-effective alternative to renewable energy purchases for businesses looking to reduce their carbon footprint and achieve lower emissions. Purchasing EFECs allow businesses to quickly begin their process towards achieving and claiming lower emissions. EFECs are an effective solution for:

• Companies that want to showcase their sustainability efforts and impacts, even if they haven’t established a sustainability roadmap, as they can provide a flexible and cost-effective way to support emission-free electricity generation no matter where a business is in their sustainability journey.
• Meet goals for lowering emissions associated with its annual electricity consumption.
• Demonstrate support for emission-free generation sources.
• Organizations that face challenges in sourcing power from onsite renewable sources due to land or capital limitations.

By purchasing EFECs businesses can ensure their energy consumption is matched by emission-free generation. Customers acquire emission-free attributes from various generating sources, such as nuclear, solar, wind, hydropower and more, which do not emit greenhouse gases from combustion. Most EFECs available in the voluntary market are typically associated with nuclear or large-scale hydroelectric generation.

How EFECs Optimize Your Sustainability Strategy?

When considering EFECs to meet sustainability goals, customers should focus on several key factors:

• Sustainability Focus: Is your goal to focus on renewable energy or emissions reduction? EFECs are effective for businesses aiming to reduce their carbon footprint by supporting emission-free generation sources.
• Emissions Accounting: Do you want to claim reductions in greenhouse gas emissions from your electricity consumption? EFECs allow businesses to align with market-based emissions accounting principles.
• Growing Importance in the Grid: Are you aware of the role EFECs play in maintaining lower grid emissions rates? Today nuclear generation make up nearly one-third of all electricity and over eighty-two percent of all zero-carbon electricity produced in PJM.

If these considerations align with your business objectives, gaining a deeper understanding of the role EFECs can play in your sustainability strategy is essential. Let’s explore how businesses can incorporate them to meet their goals.

1. Understanding Renewable vs. Zero-Emissions Goals.

While both renewable and zero-emissions goals are important for sustainability, they differ in their focus and implementation. EFECs track the carbon-free attributes of emission-free sources, which can include generation sources like nuclear, solar, wind and hydropower. These certificates support zero-carbon electricity generation on the grid.

However, renewable sources can differ significantly in their emissions and environmental impact. Some sources, like biomass have associated emissions and can’t be labeled as emission-free, although they are often awarded Renewable Energy Certificates (RECs).

By understanding these differences, businesses can make informed decisions about their sustainability strategies and choose the right certificates to support their goals.

2. Emissions Accounting and Customer Claims with EFECs.

The World Resource Institute (WRI) sets the greenhouse gas reporting standard that most companies use to account for their emissions, including those from purchased electricity, known as “Scope 2” emissions. This guidance includes location-based and market-based accounting methods. All energy generation tracked in the market receives certificates, whether renewable, emission-free or with other emissions rates.

Customers can buy and sell these attributes and make claims related to their energy use. For example, after purchasing an EFEC, a customer can promote their emission-free efforts as:

• Supporting demand for generation sources that do not directly emit greenhouse gases.
• Demonstrating support for energy generation with little to no emissions.
• Showing commitment to operating without adding to pollution.

EFECs can be used interchangeably for RECs in greenhouse gas emissions accounting because zero carbon is equally important across both options. If a customer’s main goal is zero carbon emissions, EFECs may be the more cost-effective option.

Through fundamental knowledge of how emissions accounting works and the claims they can make with EFECs, businesses can confidently align their sustainability strategies with their carbon reduction goals. This ensures that their efforts are not only effective but also transparent and credible.

3. The Importance of EFECs in the Overall Grid Emissions Rate.

According to the U.S. Energy Information Administration, in January 2025, 39.1% of electricity in the United States was generated from zero-carbon generation, with 54.5% of that being renewable energy such as solar, wind or hydroelectric power.^* To effectively reduce emissions from all electricity generation, it’s important to encourage new renewables and maintain existing zero-carbon generation so supply increases year over year. Several states have added nuclear power zero-emission credits to their clean power regulations. By using EFECs, customers can support all zero-carbon technologies, helping to keep the overall emissions rate of the electric grid lower and achieve broader decarbonization goals.

Energy buyers should consider these factors to ensure the credits they purchase align with their sustainability goals. Constellation can help simplify environmental goals and reporting by providing emission-free options to businesses’ electricity supply and helping them promote their benefits.

Integrating Renewable and Emission-Free Purchases for Hourly Impact

Buyers may be able to integrate their renewable energy purchases with EFECs on an hourly basis to create an hourly carbon-free matching strategy. Hourly carbon-free energy (CFE) matching allows businesses to match their energy usage with carbon-free energy on an hourly basis and from the same local grid. By matching their electricity use with a local emission-free energy source in real time, businesses can go beyond net-zero programs and eliminate the carbon impact of their operations and fully achieve zero emissions goals.

Navigating Sustainable Solutions

Understanding the role of EFECs in the grid and how they contribute to broader decarbonization goals allows businesses to make informed decisions that support their sustainability strategies and help achieve their carbon reduction objectives.

Energy experts from providers like Constellation can help you select the best products for your business and integrate them into your energy strategy, enabling you to meet your carbon reduction goals with confidence.

Learn more

 

* Electric Power Monthly – U.S. Energy Information Administration (EIA)

© 2025 Constellation. The offerings described herein, if applicable, are those of either Constellation NewEnergy, Inc. or Constellation NewEnergy-Gas Division, LLC, affiliates of each other. Brand names and product names are trademarks or service marks of their respective holders. All rights reserved.

The post How Emission-Free Energy Certificates (EFECs) Help Companies Achieve their Carbon Goals appeared first on Constellation's Energy4Business Blog.

]]> Amanda Donohue https://blogs.constellation.com/sustainability/plugged-in-podcast-the-evolution-of-data-center-and-sustainability/ Fri, 04 Apr 2025 14:22:45 +0000 https://blogs.constellation.com/?p=10180 In today’s rapidly evolving world, technology and sustainability are progressing at an unprecedented rate. These developments are transforming various sectors...

The post Plugged In Podcast: The Evolution of Data Centers & Sustainability appeared first on Constellation's Energy4Business Blog.

]]> 3 min read

In today’s rapidly evolving world, technology and sustainability are progressing at an unprecedented rate. These developments are transforming various sectors and reshaping our daily lives. As we navigate this new era, businesses must consider how the implementation of these technologies impacts the environment for the future.

The Impact of Technological Advancements

Advanced technologies are leading to unprecedented improvements in efficiency, accessibility and convenience. Various industries are benefiting by the integration of these technological advancements, seeing significant changes and new opportunities for growth and innovation.

• Healthcare: Advancements such as telemedicine, wearable devices and AI are revolutionizing patient care, making it more accessible and efficient. For instance, AI enhances diagnostic accuracy and personalizes treatment plans.
• Banking: The rise of Financial Technology (FinTech) and AI is transforming the banking industry by enhancing financial inclusion, streamlining transactions and improving customer service through chatbots and virtual assistants.
• Lifestyle: Smart home devices, the Internet of Things (IoT) and AI-powered personal assistants are making our homes more connected and convenient. AI is also helping manage daily tasks and optimizing energy consumption through smart grids.

These innovations require the support of robust infrastructure, including high-speed internet, reliable power supply and advanced data centers. As we continue to innovate, investing in and developing the necessary infrastructure ensures the seamless functioning of these technologies.

Supporting Responsible Innovation

As we focus on technological development, it’s essential to make sure it’s done sustainably. Sustainable technology aims to use resources efficiently while minimizing environmental impact.

Advancements in technology can also play a significant role in protecting the environment. Smart grids, for instance, optimize energy consumption and reduce waste. By prioritizing sustainability across various industries, we can create technologies that improve our lives while safeguarding the environment for future generations.

The Future of Sustainability

Looking ahead, there’s vast potential in the future of technology. Innovations like cloud computing and the shift towards enterprise-owned data centers have the possibility to transform various industries. However, achieving sustainable technological advancements requires collaboration. Governments, businesses and research institutions must work together to develop and implement sustainable solutions.

By combining resources and expertise, stakeholders can accelerate the adoption of innovative technologies and create a more sustainable future. For instance, public-private partnerships can facilitate the development of energy-efficient and environmentally friendly solutions. Together, we can pave the way for a future where technology and sustainability go hand in hand, ensuring a better world for generations to come.

Learn More with Our Podcast

Gain more insights into energy reporting by listening to our podcast, “Plugged In: Exploring Energy,” hosted by Chuck Hanna, Vice President of Solutions and National Accounts at Constellation. In episode five, we cover the topics discussed here as well as additional ones with Pat Lynch, Executive Managing Director at CBRE Data Center Solutions. Listen to our series for insights on the impact, challenges and innovations in AI and data centers.

By addressing these challenges and offering custom solutions, Constellation is leading the way in the transition to a sustainable and reliable energy future. Join us on this journey and discover how we can help you achieve your energy goals.

 

Listen to the Podcast

 

© 2025 Constellation. The offerings described herein, if applicable, are those of either Constellation NewEnergy, Inc. or Constellation NewEnergy-Gas Division, LLC, affiliates of each other. Brand names and product names are trademarks or service marks of their respective holders. All rights reserved.  The views, thoughts and opinions expressed in the blog and podcast by each participant belong solely to the speaker and not necessarily to the speaker’s employer (including Constellation Energy Corporation or any of its affiliates), organization, committee or other group or individual. Constellation does not make and expressly disclaims, any express or implied guaranty, representation or warranty regarding any opinions or statements set forth herein or in the webcast. Constellation shall not be responsible for any reliance upon any information, opinions, or statements contained in the webcast or for any omission or error of fact.

 

 

The post Plugged In Podcast: The Evolution of Data Centers & Sustainability appeared first on Constellation's Energy4Business Blog.

]]> Alex Aguiar https://blogs.constellation.com/energy-management/webinar-analysts-executive-orders-tariffs-spring-outlook-and-natural-gas-storage/ Fri, 28 Mar 2025 19:43:12 +0000 https://blogs.constellation.com/?p=10174 During Constellation’s March Energy Market Intelligence Webinar, Constellation’s Commodities Management Group (CMG) provided comprehensive coverage of current and future factors...

The post Webinar Analysts: Executive Orders, Tariffs, Spring Outlook and Natural Gas Storage appeared first on Constellation's Energy4Business Blog.

]]> 3 min read

During Constellation’s March Energy Market Intelligence Webinar, Constellation’s Commodities Management Group (CMG) provided comprehensive coverage of current and future factors significantly affecting the energy landscape, including the impact of recent executive orders on energy markets, budget reconciliation, spring weather outlook and a look at natural gas storage levels.

Weather Report

Chief Meteorologist Dave Ryan started the webinar with a recap of winter weather conditions. This past winter was slightly colder than the 30-year average but still warmer than the past decade. Looking ahead, it is predicted that the U.S. will see a mild spring and summer with a back-and-forth weather pattern. There is no blocking expected in the weather pattern, meaning there will be no high-pressure systems that prevent weather changes, and a positive arctic oscillation will keep the polar vortex over the Arctic circle.

The forecast for April suggested a brief period of colder-than-normal weather, followed by a generally mild pattern. For the summer, the weather models have been suggesting an average of about 975 population-weighted cooling degree days, which would be the 13th warmest on record. The forecast indicated a lot of heat in the Western states and a near-normal pattern in the East.

Trump Administration Impact on Energy

David Gilbert, the Vice President for Federal Government Affairs, covered the significant impact of President Trump’s Executive Orders on energy systems, which came swiftly and aggressively after his inauguration. These actions caused price volatility due to tariffs and market instability in the short-term. The first few weeks of Trump’s second term saw markets react to the announcement, pause and reinstatement of tariffs, along with reciprocal actions. Additionally, Gilbert mentioned that the Executive Orders could result in fewer regulations and a streamlined permitting process, potentially reducing royalties on public lands and increasing opportunities to drill for oil and natural gas.

The team also discussed the budget reconciliation process, which allows legislation to pass with a simple majority of 51 votes in the Senate. This process is crucial in deciding whether the Tax Cuts and Jobs Act (TCJA) tax cuts will be extended or modified. The TCJA, President Trump’s signature achievement in his first term, lowered tax rates across the board, with many of these rates set to expire at the end of this calendar year. If Congress does not act, taxes would increase by $4.5 trillion on individuals across the country. However, before reconciliation can occur, both the House and Senate must pass identical budget resolutions. Currently, there are significant differences between the House and Senate versions, which need to be reconciled. The House passed its budget and David pointed out that this was the first step in an over four-step process.

Natural Gas Storage Fundamentals

Experts then covered natural gas storage fundamentals and how higher production and warmer weather contribute to a short-term bearish outlook as we enter “shoulder” month demand. Year over year production levels will likely begin to diverge as we saw production drop last year on a significant storage surplus.  This year we are facing a 27% deficit on a year over year basis. The withdrawal season is coming to a close, and the current storage will hover around 1.7 Tcf, about 600 Bcf less than this time last year. The forecast for production is about 105 billion cubic feet per day in 2025, moving up to about 108 billion cubic feet per day in 2026, which may cause a tight supply-demand balance through the rest of the year.

Looking at European gas storage levels, gas storage is currently very low, with some projections suggesting that by the end of the refill season, storage levels may only be about 75% full at 3.0 Tcf. This means there will be a continued strong demand for U.S. liquefied natural gas (LNG) as Europe continues to see a decline in natural gas imports from Russia.

Market Trends and Temperature

The experts discussed PJM’s capacity market, which is currently awaiting FERC’s decision on the settlement with Pennsylvania Governor Josh Shapiro. The settlement includes a new auction price floor and cap. FERC has indicated it will rule by April 21.  The webinar concluded with a look at forward power charts, including conversations about “the right time to buy,” the “Market Temperature” and other factors affecting the energy market.

 

View Webinar Recording

 

We invite you to join us for our next Energy Market Intel Webinar on Wednesday, May 21 at 2 pm ET. Constellation energy experts will offer detailed and timely updates on factors affecting the energy landscape such as weather, natural gas storage and production, and domestic and global economic conditions. Register by visiting  www.constellation.com/marketintelwebinar.

 

© 2025 Constellation. The offerings described herein, if applicable, are those of either Constellation NewEnergy, Inc. or Constellation NewEnergy-Gas Division, LLC, affiliates of each other. Brand names and product names are trademarks or service marks of their respective holders. All rights reserved.  The views, thoughts and opinions expressed in the webcast by each participant belong solely to the speaker and not necessarily to the speaker’s employer (including Constellation Energy Corporation or any of its affiliates), organization, committee or other group or individual. Constellation does not make and expressly disclaims any express or implied guaranty, representation or warranty regarding any opinions or statements set forth herein or in the webcast. Constellation shall not be responsible for any reliance upon any information, opinions, or statements contained in the webcast or for any omission or error of fact.

The post Webinar Analysts: Executive Orders, Tariffs, Spring Outlook and Natural Gas Storage appeared first on Constellation's Energy4Business Blog.

]]> Amanda Donohue [timeout] => 10 [curl_options] => Array ( ) [force_fsockopen] => [force_feed] => [enable_cache:SimplePie\SimplePie:private] => 1 [cache:SimplePie\SimplePie:private] => [cache_namefilter:SimplePie\SimplePie:private] => SimplePie\Cache\CallableNameFilter Object ( [callable:SimplePie\Cache\CallableNameFilter:private] => md5 ) [force_cache_fallback] => [cache_duration] => 43200 [autodiscovery_cache_duration] => 604800 [cache_location] => wp_transient [cache_name_function] => md5 [order_by_date] => 1 [input_encoding] => [autodiscovery] => 31 [registry] => SimplePie\Registry Object ( [default:protected] => Array ( [SimplePie\Cache] => SimplePie\Cache [SimplePie\Locator] => SimplePie\Locator [SimplePie\Parser] => SimplePie\Parser [SimplePie\File] => SimplePie\File [SimplePie\Sanitize] => SimplePie\Sanitize [SimplePie\Item] => SimplePie\Item [SimplePie\Author] => SimplePie\Author [SimplePie\Category] => SimplePie\Category [SimplePie\Enclosure] => SimplePie\Enclosure [SimplePie\Caption] => SimplePie\Caption [SimplePie\Copyright] => SimplePie\Copyright [SimplePie\Credit] => SimplePie\Credit [SimplePie\Rating] => SimplePie\Rating [SimplePie\Restriction] => SimplePie\Restriction [SimplePie\Content\Type\Sniffer] => SimplePie\Content\Type\Sniffer [SimplePie\Source] => SimplePie\Source [SimplePie\Misc] => SimplePie\Misc [SimplePie\XML\Declaration\Parser] => SimplePie\XML\Declaration\Parser [SimplePie\Parse\Date] => SimplePie\Parse\Date ) [classes:protected] => Array ( [SimplePie\Sanitize] => WP_SimplePie_Sanitize_KSES [SimplePie\File] => WP_SimplePie_File ) [legacy:protected] => Array ( [0] => WP_SimplePie_Sanitize_KSES [1] => WP_SimplePie_File ) [legacyTypes:SimplePie\Registry:private] => Array ( [Cache] => SimplePie\Cache [Locator] => SimplePie\Locator [Parser] => SimplePie\Parser [File] => SimplePie\File [Sanitize] => SimplePie\Sanitize [Item] => SimplePie\Item [Author] => SimplePie\Author [Category] => SimplePie\Category [Enclosure] => SimplePie\Enclosure [Caption] => SimplePie\Caption [Copyright] => SimplePie\Copyright [Credit] => SimplePie\Credit [Rating] => SimplePie\Rating [Restriction] => SimplePie\Restriction [Content_Type_Sniffer] => SimplePie\Content\Type\Sniffer [Source] => SimplePie\Source [Misc] => SimplePie\Misc [XML_Declaration_Parser] => SimplePie\XML\Declaration\Parser [Parse_Date] => SimplePie\Parse\Date ) ) [max_checked_feeds] => 10 [all_discovered_feeds] => Array ( ) [image_handler] => [multifeed_url] => Array ( ) [multifeed_objects] => Array ( ) [config_settings] => [item_limit] => 0 [check_modified] => [strip_attributes] => Array ( [0] => bgsound [1] => class [2] => expr [3] => id [4] => style [5] => onclick [6] => onerror [7] => onfinish [8] => onmouseover [9] => onmouseout [10] => onfocus [11] => onblur [12] => lowsrc [13] => dynsrc ) [add_attributes] => Array ( [audio] => Array ( [preload] => none ) [iframe] => Array ( [sandbox] => allow-scripts allow-same-origin ) [video] => Array ( [preload] => none ) ) [strip_htmltags] => Array ( [0] => base [1] => blink [2] => body [3] => doctype [4] => embed [5] => font [6] => form [7] => frame [8] => frameset [9] => html [10] => iframe [11] => input [12] => marquee [13] => meta [14] => noscript [15] => object [16] => param [17] => script [18] => style ) [rename_attributes] => Array ( ) [enable_exceptions] => )