News

May 12, 2015

On May 12, 2015 Rosenthal Energy Advisors attended the IREM Asset & Property Management Symposium in Dallas, Texas

Jim Rosenthal, President addresses attendees.

Jim Rosenthal, President addresses attendees.

 

 

Jeff Goodman, CFO and EVP

Jeff Goodman, CFO and EVP- Procurement discussing REA’s Energy Services with Jessica Warrior, Regional Director of Granite Properties and Dave Laner, Director, Asset Management at Invesco.

 

July 12, 2014

The board of directors for the Electric Reliability Council of Texas (ERCOT) took action to improve market signals when operating reserves are in short supply by approving Nodal Protocol Revision Request 568 (NPRR 568) which provided for the implementation of an Operating Reserve Demand Curve (ORDC) on June 1, 2014. 

Within ERCOT, energy and reserves are currently priced separately. (Energy is the total amount of Real-Time load in the market and reserves are the “cushion” of available power in case of system issues.) Because of this separation of prices, ERCOT may show low energy prices, while also experiencing a reserve shortage, which could potentially result in a reliability issue. The PUCT ordered ERCOT to better reflect that the two products are inter-related by creating a methodology to combine the two prices into one. The ORDC sets a value on reserves and adds it to the energy price. Therefore, when ERCOT experiences times of reserve shortages going forward, the energy price will be higher which should incentivize resources to produce more energy and reserves. This incentive is a charge that can be referred to as the Real-Time Price Adder which ERCOT includes in its published Real-Time Settlement Point Prices. 

Due to the creation of this new ORDC Real-Time Price Adder, there are new ancillary service imbalance charges and/or credits. These charges/credits are essentially the under/over-collection of dollars associated with the ORDC Real-Time Price Adder by ERCOT and act as a balancing mechanism.​​ 

 

February 11, 2014

Ann Berwick, the Chairperson of the Massachusetts Department of Public Utilities has announced the approval of Rosenthal Energy Advisors (REA) as an Energy Broker for Commercial and Industrial clients within the state. Jim Rosenthal, president of REA stated, "The approval process in Massachusetts was extensive and exhaustive. Massachusetts has some of the highest energy prices in the US and we are pleased to be able to help our clients negotiate more favorable rates and contract terms."

 In addition to Massachusetts, REA is now certified and licensed with the Public Utility Commissions in New Jersey, Illinois, Maryland, Ohio, Pennsylvania and Texas. REA also assists clients in Rhode Island, New York, Michigan, California, Colorado and Canada, where specific energy licenses are not required.

 

October 18, 2013

The EIA announced this morning that they will resume their Natural Gas Storage Report next Tuesday, October 22. It is therefore our plan to issue our weekly report shortly after reviewing and analyzing the EIA report.



October 17, 2013

As a result of the government shutdown, the EIA was not able to publish the US Weekly Underground Natural Gas Storage Report. Therefore, the REA Weekly Energy Report will be delayed this week, as well. The EIA has begun reviewing the submissions and will determine when to resume publication. A notice of the REA revised publication date will be posted as soon as it is available. Thank you for your understanding.



September 6, 2013

Rosenthal Energy Advisors has announced that it has been certified as an Energy Agent In New Jersey for Commercial and Industrial clients. In addition to New Jersey, Rosenthal Energy Advisors now is certified with the Public Utility Commissions in Maryland, Ohio, Pennsylvania and Texas. REA is also acting as an agent for clients in Rhode Island, New York, Michigan, California and Canada, where specific energy licenses are not required. Applications are currently pending in Massachusetts and Illinois.