Audra Drazga

Learn how grid congestion impacts power prices and how software from Yes Energy helps companies better understand what's driving market conditions.

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This week IPAA and national energy associations joined together to issue a letter of support for the Energy #Permitting Reform Act of 2024, introduced by Senate Energy & Natural Resources Chairman Joe Manchin (I-WV) and Ranking Member John Barrasso (R-WY). Collectively, the signatories represent over 80% of our nation's energy. The bipartisan legislation seeks to strengthen American energy security by accelerating the permitting process for critical energy and mineral projects of all types in the United States. Read the letter here or at https://lnkd.in/gmt-tttG The other associations on the letter: Energy Workforce & Technology Council US Oil & Gas Association Gulf Energy Alliance International Association of Drilling Contractors Louisiana Mid-Continent Oil and Gas Association National Stripper Well Association National Ocean Industries Association Southeast Oil & Gas Association Texas Alliance of Energy Producers The Petroleum Alliance of Oklahoma Western Energy Alliance

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Powering Up Wyoming was thrilled to participate in the third annual Wyoming Energy Authority Energy Summit, featuring speakers and panelists from every energy sector across Wyoming, showcasing the powerhouse of energy production and innovation the Equality State is and how the state can support future projects and remain competitive across all areas. During the Energy Summit, PUW led a panel discussion titled “Working Together, Renewables in Wyoming,” with panelists Ryan Fitzpatrick from NextEra Energy, Rawlins Mayor Terry Weickum, and David Fuller from Power Company of Wyoming. Panelists highlighted the billions of dollars of investment in renewable projects and hundreds of millions of dollars of tax revenue going directly to the state and local communities. Mayor Terry Weickum discussed how, without these taxes, Carbon County towns would not have been able to purchase critical needs such as ambulances and police vehicles. Competition with surrounding states was a discussion point. David Fuller emphasized how, when competing with our neighboring states, we are usually “pennies apart” from securing future projects whose investment and taxes provide critical revenue to our towns and counties. During this legislative interim, there will be discussions on generation tax and other renewable energy related policies. As Wyoming leaders continue to discuss this issue, we must recognize that remaining competitive is essential to keeping and attracting businesses to our state. Businesses and industries need certainty; we cannot afford to lose major investments and revenue to our neighboring states. To see the discussion at the WEA Energy Summit, our panel begins at timestamp 2:22:35. https://lnkd.in/g4jeT4SE

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The U.S. Department of Energy (DOE) continues its investment in improving the nations interconnection process with a focus on advancing AI technology in the space. GridUnity looks forward to being a part of this important initiative.

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In the energy sector, success often hinges on who you know and how well you connect with them. Building strong relationships within top energy companies is not just beneficial - it's essential for growth, innovation, and collaboration. Even though it looks like a daunting task, it can become seamless by leveraging sales intelligence-driven energy company org charts. It allows you to harness the power of effective outreach and build strong relationships. Learn more: https://bit.ly/3yYAcib https://lnkd.in/dxixmFHx orgkonnect.bizkonnect.com #actionableorgcharts #energyorgcharts #orgchartsofenergycompanies #energycompanyorgcharts #organizationalcharts #accountmaps #globalenergycompaniesorgcharts #companyorgcharts #orgchartscompany #Energy

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Utility regulators and power plant owners have expressed their backing for PJM's Reliability Resource Initiative, as conveyed to FERC. However, there is opposition from renewable developers and other stakeholders towards this initiative.

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Schaper Energy Consulting is Covering Exciting News from Devon Energy! Devon Energy (NYSE: DVN) has just announced a monumental acquisition in the Williston Basin and an expansion of its share-repurchase authorization by 67%, reaching a total of $5 billion. This strategic move solidifies Devon's position as a top player in the energy sector and promises significant benefits for its shareholders. Key Highlights: Strategic Acquisition: Devon Energy is acquiring the Williston Basin business of Grayson Mill Energy for $5 billion. The deal includes $3.25 billion in cash and $1.75 billion in stock, with an effective date of June 1, 2024. This acquisition enhances Devon's oil production and operating scale, adding 307,000 net acres and increasing oil production to an average of 375,000 barrels per day. Financial Impact: The transaction is immediately accretive to Devon's key financial metrics, including earnings, cash flow, and net asset value. The assets were acquired at less than 4-times EBITDAX, with an estimated free cash flow yield of 15% at an $80 WTI oil price. Devon’s board has also expanded its share-repurchase authorization by 67% to $5 billion through mid-2026. Operational Benefits: The acquisition brings significant operational advantages, including a high-margin production mix and midstream infrastructure ownership, generating over $125 million of EBITDAX annually. Devon expects to realize up to $50 million in annual cash flow savings from operating efficiencies and marketing synergies. Shareholder Value: The accretive nature of this acquisition to free cash flow means increased returns for shareholders. Devon anticipates an improved dividend payout in 2025 and beyond, maintaining a strong financial position with a projected net debt-to-EBITDAX ratio of approximately 1.0 times upon closing. Midstream Assets: The acquired business includes 950 miles of gathering systems, disposal wells, and crude storage terminals, providing marketing optionality and access to multiple end-use markets. This infrastructure enhances Devon's operating margins and supports long-term growth. What do you think? Learn more about Schaper Energy Consulting and our engineering services at https://schaperintl.com/.

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NEEA’s 2023 Annual Report highlights a year of accomplishments that provide ongoing value to Northwest consumers while strengthening the region’s ability to meet complex energy challenges. Built on nearly three decades of NEEA’s unique approach to Market Transformation, the alliance’s 2023 achievements are a testament to the Northwest’s strength and resiliency in the face of an evolving energy landscape. Read the full report, including case studies, video highlights and data, to learn more: https://hubs.la/Q02DvtVT0.

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New York Energy Week 2024: Hidden Profits in Energy Management with David Arkell, President & CE0, 360 Energy Inc. | Energy and Carbon Strategy | Tangible Results Delivered on June 28 @ 1:30 pm - 2:00 pm. Register here to join the conversation http://rb.gy/at1kat #energymanagement #sustainability #nyew #nyew2024

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What are the current trends in energy production? And how are the energy policies in the western states impacting production and energy market structures? #renewableenergy #EnergyOutlook2025 #energy https://lnkd.in/gE_v3XMa

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Investor-owned #utilities, electric co-ops, and power planning districts across North America use the EnCompass model to reliably forecast market conditions, resource operations, and prices. For example, Encompass enables you to evaluate a power purchase agreement under different types of risk conditions.

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Many thanks to former Federal Energy Regulatory Commission (FERC) Chairman Neil Chatterjee, former FERC Chairman and Voltus Chief Regulatory Officer Jon Wellinghoff, and Director of Energy Markets Angel Fernandez Amores for presenting to our NY-based customers and partners a bipartisan perspective on changing grid conditions, the future of energy policy under a new administration, and how NY energy consumers can adapt to these potential changes during our Future of Energy event last week. #virtualpowerplants #distributedenergyresources #demandresponse

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ENERGY SOUTH: Harris’ Energy Policy is Strategically Ambiguous, Her Aides Say https://lnkd.in/g6b7jQaY #energysouth #harris #energypolicy #energynews #oilandgasindustry #election #politics

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Stay informed of the factors that are influencing your energy strategy today and in the future. Join our live Energy Market Intel Webinar next Wednesday, November 20 at 2 p.m. where Constellation's panel of energy experts will discuss: ☑ 2024 election impacts ☑ Winter weather outlook ☑ Fed updates ☑ Natural gas fundamentals Register by following the link below! 

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Our panel of energy experts analyzed this summer’s weather, natural gas fundamentals and the record-setting PJM Base Residual Auction results in our September Market Intel webinar. Watch the full webinar recording for key insights on the factors impacting your energy strategy as we approach winter.

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On Energy Efficiency Day, we’re focused on making sure that the benefits of the clean energy transition apply to everyone. TRC’s Duane Baldwin talks about how our industry can bring energy efficiency & renewables to households of all income levels, with a focus on equity, fairness & trust. Read the conversation here: https://okt.to/8xOmnu #EnergyEfficiencyDay

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Recently the Wyoming Energy Authority (WEA) published a report on Wyoming energy resources. 80 percent of the world’s energy comes from coal, oil, and natural gas resources. Wyoming produces 40 percent of our country’s coal and ranks 8th overall in crude oil production and 9th in natural gas production.   As noted by Rob Creager, Executive Director of WEA, "The demand for energy is heading inexorably in one direction – upward. The Energy Information Administration (EIA) has been projecting that world energy consumption will grow close to 50 percent by the year 2050. Wyoming has abundant natural resources and the can-do mindset to capitalize on this challenge. From fossil fuels to world-class wind, to the largest uranium reserve in the nation, and newly discovered rare earth element." ...We are grateful to be highlighted by WEA as one of the recent Wyoming Energy projects and look forward to working together with WEA to meet the energy challenge. https://lnkd.in/gidKE8W7 $ARR Ken Traub John Mansanti Geoffrey Hill Christopher Gibbs Melissa Sanderson Sten Gustafson Paul Zink Donald Swartz Dwight Kinnes Jose A. Rico Wayne Kernaghan SUSAN ASSADI Richard Hudson Sara Stotter

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Important new technology for keeping electricity ready to go when you turn on your light switch.

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