Verve Energy Blog
Baltimore Illuminated
Baltimore, NJ February 7th, 1817. Baltimore was the first city outside England to adopt gas street lights (London in 1807 was the world’s first) and the first in the United States. Today, seeing natural gas at $1.90 d/th maybe we
Buying Decisions – Cheap Gas
Buying decisions are easy when prices are low – aren’t they? If you are wondering what buying decisions have to do with low gas prices – read on. It’s incredible to me that gasoline (petrol for those over the pond)
The Art of Smart Energy Procurement
Warhol said, “I’m not afraid to die; I just don’t want to be there when it happens.” Andy Warhol, the American artist who was a leading figure in the visual art movement known as pop art, died on this day
Oil Oil Everywhere
Oil Oil Everywhere Oil, oil everywhere – prices are down again today as inventories rise. The black blood which runs through the veins of the world’s economies has dominated the news every day for the 20 plus years I have
Keep Volume Down!
Keep the Volume Down Typically, this is a rant to my son as he hammers away on his drum kit. But it is a sentiment echoed throughout the US oil industry to global producers who have so far at least,
Oscars, Environment, and Oil
Oil Prices Rise Yes, today’s blog has it all: Oscars, Oil Prices, and environmental news. As the red carpet is put away for another year, the tinsel town must be quite pleased that it managed to navigate through the racial
Warren Vies To End Gridlock
CA Grid Change Coming? Warren Buffett is a shrewd investor unafraid to tackle some of the largest corporations to improve stakeholder value. Still, one of his latest drives has the potential to help millions of energy consumers too. To understand
Sustainable Ice
Sustainable Ice The rapid warming of the Arctic is raising questions about whether it has sustainable ice deposits. Rapid melting is causing concern to environmental scientists who believe the Arctic will experience its first ice-free summer as early as the
Oil Storage Fills
Oil Storage Fills Globally More than twice the usual number of oil tankers languish off the coast of Europe’s largest oil terminal in Rotterdam, as the port struggles to unload into bloated oil storage facilities. It is reported that twice
LNG Exports
LNG Exports – Massive Increase Planned What has US Natural Gas, Liquid Natural Gas (LNG Exports), and London have in common? Ninety years ago today, the first successful radio-telephone conversations took place between New York and London thanks to the American
Low Natural Gas Prices
Low Natural Gas Prices In recent days, I have commented on the fluctuating price of oil and some of the drivers behind the changes in global supply and demand. The low natural gas prices enjoyed by the US are primarily due to
Oil Falls From Three Month High
Oil Falls Impact Rig Count As some us awake bleary-eyed with an hour less sleep after the spring forward clock change, we find the markets have not been sleeping at all as oil falls. Oil has fallen from a three
Is Solar being Frozen Out?
Solar Generation Creating Revenue Gap There are two basic groups of energy, renewable energy (biomass, geothermal, solar generation, water, and wind power) and nonrenewable (fossil fuels coal, oil, natural gas, nuclear). Three-quarters of the world’s energy is generated by burning fossil
India Invest in Russian Oil
Russian Oil Gets Indian Investment The Russian oil economy, like most oil-rich nations, has been taking a beating lately, as the world’s oversupply of oil drove prices to as low as $26 barrel. The Russian government relies on about half of
Deja Vu?
Deja Vu? The automotive Deja Vu is DeLorean. It was this day 34 years ago that the DeLorean Motor Company went to the wall, leaving us thinking we were destined only to see these stainless steel cars in the movies
Shorts on the Line!
Energy Shorts In the last seven weeks, those who have been watching the oil markets would notice a 50% increase in cost. With a global market in oversupply, and crude stocks fast approaching their highest ever levels, it is right to wonder what
Oil Prices Impact Utility Cost
Crude oil has Increased 80% Since February! – So What Action Did You Take? Since crude oil prices collapsed in February 2016 to their lowest point in recent years, crude has been making a very steady recovery. This morning WTI was
Can Energy Prices Predict A Recession?
Predicting Recessions There has been much speculation recently about a recession in 2016, so we take a look at what the drivers could be. Are there signals from energy price movements, and how might this impact you. It would appear
Brexit Energy Metters
Brexit Energy Brexit energy matters greatly. It was fascinating to watch the drama unfold as they counted the UK votes. As reality dawned that there would be a British exit (Brexit) from the European Union, the real picture of leaving
Utility Budget Season
tility Budget Season is Here! As 2016 marches on, companies are focusing on budgets for 2017 and indirect procurement professionals, the impact utilities will have on their business. Unlike most other indirect categories, energy is a commodity that changes in value
Energy Price Risk
Energy Price Risk Buying Energy Conservatively? For over a decade, large energy consumers have been using price risk management processes to support energy sourcing decisions. Still, these methods, while touted as risk management, are only useful if energy markets just
Vervantis Launches SME Business
SME energy procurement is launched. Vervantis Vice President Dan Moat, today announced the launch of a new service developed specifically for energy consumers in the
SME Energy Price Comparison
SME Energy Price Comparison Service Launched Vervantis Inc. VP Dan Moat, today announced the launch of a new service developed specifically for energy consumers in the Small and Medium Enterprise (SME) category. The SME price comparison service is available across
VERVANTIS® THE OFFICIAL NAME IN ENERGY MANAGEMENT
Trademark energy advice becomes, well, trademarked. After launching Vervantis as a national energy solutions business at the beginning of 2016, the leadership was adamant that energy professionals should be able,
NET2017 Conference San Diego
NET2017 – Where Cooperative Utilities & Energy Managers Meet The NET2017 Conference is Touchstone Energy’s signature business-to-business conference that brings together national, regional, and local energy managers with co-op key account and energy services professionals from around the country. With
Touchstone Energy NET17
Touchstone Energy NET17 provided a fantastic week of co-operative networking with inspiring conference agenda and speakers. Well done to Touchstone Energy NET 17 for all their hard work in making it such a great success. Keynote speaker MIT Professor Don Sadoway
EEI – National Key Accounts Workshop – Spring 17
EEI NKAW Spring17 is only a few weeks away. The conference will be at the convention center in Phoenix, AZ, from April 9th – 12th. EEI NKAW Spring17 is the first of two events on the Edison Electric Institutes calendar this year
Solar World
Solar World It’s a good question, why are we not in a solar world that is harnessing more of the suns energy, I mean enough sunlight reaches the earth’s surface each minute to satisfy the world’s energy demands for an
Oil Price Steadies Decline
Oil price steadies decline after tumbling to the lowest level since before OPEC reached an output-reduction deal as U.S. shale confounds the producer group’s attempts to prop up prices. Prices are approaching an 8 percent decline this week, bringing the
DataHub360™ – Bringing Energy to Life
We all protect our personal information to prevent I.D. fraud, phishing scams, and cybercrime, but how well is your advisor protecting your companies utility data?
A Fool and his Money
Managing Energy Price Risk A Fool and His Money are Soon Parted – The original proverb can be traced back to an English rhyme by Thomas Tusser in 1573. The actual version being: “A foole & his money, be soone at debate,
Capturis CIC 2017
Capturis CIC 2017 Capturis is a leading utility bill management company with headquarters in Mandan, ND. They held their third annual Customer Information Conference (CIC), where channel partners and utility management professionals come together to share best practices and learn
EEI in Washington DC
The EEI conference in Washington, D.C. provided the perfect setting for the latest National Key Accounts Workshop (NKAW), where commercial energy consumers and industry thought leaders gathered for another incredible energy and utility conference. Packed with information and educational workshops explicitly
Commercial Energy Prices
Commercial Energy Prices – It’s time to stop the Creep! Commercial energy prices have been rising, with more snow on its way over the next few days. Several states continue to deal with “severe” winter weather and the impact on
Vervantis Launch Global Solutions
Trademark energy advice becomes, well, trademarked. After launching Vervantis as a national energy solutions business at the beginning of 2016, the leadership was adamant that energy professionals should be able,
What’s Driving Your CSR Strategy?
Climate or Cash? Sustainability Drivers -our planet doesn’t care which of these motivations drives your sustainability or Corporate Social Responsibility ( CSR ) strategy, only that it does. Businesses understand very well that being a sustainable business and having mechanisms in place to
CDP Spring Workshop – San Francisco
CDP Spring Workshop last week was an incredible success. The CDP is a not-for-profit charity that runs the global disclosure system for investors, companies, cities, states, and regions to manage their environmental impacts. Over the past 15 years, they have
Energy Futures Wholesale Pricing
Energy Futures Pricing Launched. Vervantis secure cloud-based energy portal DataHub360™ is proving even more popular with energy procurement professionals now that it includes the latest wholesale market pricing for deregulated markets across the United States. Contracts for natural gas, electric
Weathering the Storm
Existing users of the Vervantis energy, sustainability, and utility bill management software DataHub360™ already know the value of being connected. Still, the latest addition to the platform has gone down a storm. Organizations with multiple locations know how impactful weather
EEI National Key Account Workshop – Fall 2018
EEI National Key Account Workshop was held in the wonderful surroundings of the JW Mariott San Antonio Hill Country Resort & Spa in TX. The rain definitely did not stop play for energy consumers and vendors participating in this fall’s top
CDP Fall Forum – 2018
The CDP Fall Forum was an excellent opportunity to join our sustainability software channel partners, who were sponsors of this year’s event at One World Trade Center in New York. This was an evening of networking and a “Highlights of the
Utility Bill Administration
Utility Bill Administration is resource and time-intensive. Large and medium-sized companies with multiple accounts make changes to their real estate frequently which can be exacerbated when they make acquisitions requiring high volumes of utility accounts to be opened, closed, or
Commercial Energy Experts
Light a Fire Under Your Energy Program Across the United States, there are literally thousands of energy advisors, brokers and consultants chasing commercial and industrial energy consumers for their business. The choice is abundant and with each having a compelling story to tell, it can
CA Building Energy Benchmarking
California Building Energy Benchmarking Program CA Building Energy Benchmarking Program passed into law in October 2015 following the success of Assembly Bill 802 in California. The Building Energy Benchmarking Program is California’s new program requiring building owners to track and
100% Solar
Vervantis continues to take steps to go green, with its electricity now coming from 100 percent solar generation. Utilizing the Arizona sun to power our operations and help up provide the top-notch service that has come to be expected from.
Going Green – How to be a Sustainable Small Business.
Going Green is very often the headline associated with the world’s largest corporations, who recognize not only the environmental benefits of taking a more sustainable approach to business but also the commercial too. In the same way that households seek
How To Buy Energy – The Guide To Commercial Energy Procurement
How To Buy Energy For Your Business You are most likely a category buyer responsible for indirect procurement. Energy is unlike other indirect spends, so if you’re not familiar with buying energy or utility sourcing processes, this article will help
ENERGY AND UTILITY DATA SECURITY
We all protect our personal information to prevent I.D. fraud, phishing scams, and cybercrime, but how well is your advisor protecting your companies utility data?
Energy Industry “Biden” It’s Time
The energy industry is literally Biden it’s time with a transfer of power expected from the Trump administration
Building Business Case: Utility Bill Management
Building a business case for outsourcing Utility Bill Management may be challenging to quantify or articulate
Building Business Case: Sustainability Reporting
Compiling a business case for Sustainability and Energy reporting software to be put to a board or financial director
The Rise of Natural Gas In the Energy Market
In the past ten years, natural gas has made considerable leaps in its utilization for energy production. Now it
A Return To “Normal” For Oil and Natural Gas.
2020 brought many disruptions to the energy market, causing oil and natural gas prices to plummet, allowing for
Vervantis Sponsors MX-5 Cup!
Vervantis sponsors MX-5 Cup for the first time and is delighted to be able to partner with McCumbee McAleer
What is Utility Bill Management?
Any organization that has been in business for the last 15 years with a significant energy spend, and by energy I am talking about
Energy Procurement & Risk
As the demand for energy continues to grow, energy price risk management is likely to become an even more critical consideration for businesses in the years ahead. By staying ahead of the curve and implementing effective risk management strategies, companies can protect themselves from the negative effects of price volatility and position themselves for long-term success in an increasingly competitive marketplace.
SEC – GHG Emissions Reporting
In a move that could have far-reaching implications for businesses across the United States, the Securities and Exchange Commission (SEC) has announced new rules that will require companies to report their greenhouse gas emissions in greater detail than ever before.
EEI National Key Account Workshop – Fall 2023
The picturesque landscapes of Lake Elkhart, Wisconsin, once again resounded with the thunderous roar of engines and the thrill of high-speed competition as the Michelin Pilot Challenge race weekend took center stage at the iconic Road America race track...
Presenting the Revamped Livery for the 2024 Season!
This year, Vervantis is thrilled to announce its collaboration with the McCumbee McAleer Racing (MMR) with AEROSPORT, for participation in the 2024 IMSA Michelin Pilot Challenge Grand Sport Series.
Empowering Businesses with Strategic Energy Procurement
Discover the essentials of energy procurement and how Vervantis can help your business achieve cost-effective, reliable, and sustainable energy solutions. Learn about market analysis, contract negotiation, and risk management for optimal energy management.
Wind Energy’s Rise in US Electricity Generation and the Potential for Energy Procurement
Wind energy has recently surpassed coal as a major electricity source in the US. In 2024, wind power has outpaced coal for the second consecutive month, according to the Energy Information Administration. Renewables like wind and solar now make up 21% of US electricity generation.
How U.S. States Are Enforcing Climate Reporting Without SEC Rules
As federal climate rules stall, states like CA, NY, and WA are stepping up with mandatory climate disclosure requirements. Businesses must inventory GHG emissions, assess risks, and disclose findings. Vervantis can help ensure compliance and promote sustainability.
The Future of Sustainability Reporting: Key Trends and Insights
74% of companies will invest in sustainability reporting tech, but 88% cite data quality issues. Vervantis highlights the role of utility bills in accurate Scope 2 emissions reporting.
The Importance of Utility Bills in Financial Grade Carbon Accounting
Discover the critical role utility bills play in financial grade carbon accounting. Learn how accurate data from utility bills helps track and reduce greenhouse gas emissions for a sustainable future.
Gavin Sanders Joins Jenson Altzman for Road America Race
Gavin Sanders joins Jenson Altzman in the No. 13 Ford Mustang GT4 for the Road America 120, replacing Chad McCumbee. Discover the exciting new lineup and what to expect from this IMSA Michelin Pilot Challenge race.
Understanding Peak Energy Demand
As August temperatures rise, so does energy consumption across the USA, leading to peak energy demand. Managing this demand is vital for controlling electricity costs and maintaining grid stability. Discover strategies for managing energy consumption and how Vervantis can help businesses with expert energy procurement and strategic management during high-demand periods.
How Vervantis Leads with Data-Driven Solutions
Discover how Vervantis transforms utility management with data-driven solutions, empowering businesses to optimize energy usage, enhance sustainability reporting, and reduce costs.
Building a Business Case for Your Utility Bill Management Solution
Discover the advantages of outsourcing Utility Bill Management (UBM) for your organization. Learn how it streamlines operations, reduces costs, and enhances accuracy, allowing your team to focus on core business activities.
Why Reporting Scope 1 and 2 Emissions is Essential for Compliance
Discover why reporting Scope 1 and 2 emissions is essential for regulatory compliance, transparency, and sustainability. Learn how Vervantis supports businesses in meeting their climate reporting obligations and reducing their environmental impact.
How AI is Driving Decarbonization and Optimizing Energy Use
Discover how AI is transforming utility bill management by optimizing energy use, reducing costs, and driving decarbonization for businesses committed to sustainability.
How Energy Procurement Can Support ESG Goals and Sustainability Reporting
Learn how energy procurement supports ESG goals by reducing emissions, improving sustainability reporting, and aligning with global standards. Discover how Vervantis helps businesses achieve their ESG objectives through renewable energy contracts and carbon offsets.
California Governor Signs Groundbreaking Climate Disclosure Bill into Law
California's new climate disclosure law, starting in 2026, requires large companies to report Scope 1, 2, and 3 emissions. Learn how Vervantis can help your business manage Scope 1 and 2 emissions for compliance.
Three Effective Ways Companies Can Reduce Their Energy Bill
Discover three effective strategies for companies to reduce energy bills, including energy-efficient technologies, regular energy audits, and employee engagement. Improve sustainability and lower operational costs.
The Role of Analytics in Accelerating the Energy Transition
Discover three effective strategies for companies to reduce energy bills, including energy-efficient technologies, regular energy audits, and employee engagement. Improve sustainability and lower operational costs.
How Vervantis Assists Companies in Navigating Energy Deregulation
Vervantis empowers businesses to navigate energy deregulation, offering strategies for cost savings, supplier selection, risk management, and sustainable energy solutions.
How Waste Procurement Optimizes Business Waste Management
Waste procurement helps businesses streamline waste management, cut costs, and achieve sustainability goals by sourcing tailored waste services.