Jon Moore

Jon Moore

Jon Moore is the Chief Strategy Officer at 5. In 2006, he co-founded Juice Energy and served as its CEO. In 1999, he co-led The AES Corporation’s acquisition of NewEnergy Ventures, one of the first independent retail energy suppliers. NewEnergy was sold by AES to Constellation in 2002, and Mr. Moore joined Constellation as Chief Operating Officer of NewEnergy. In addition, he served as an independent Director of MX Energy, a national retailer of gas and electricity, until its sale to Constellation in 2011. Mr. Moore received a J.D. from Yale Law School. He received an A.B., from Princeton University and was a Fulbright Scholar.

Recent posts by Jon Moore

7 min read

January 2019 - Quarterly Market Letter

By Jon Moore on January 7, 2019

On behalf of the team at 5, I am pleased to forward our market letter for the fourth quarter of 2018. In this letter we focus on two topics, (i) the development of long-term retail contracts backed by renewable energy generation, and (ii) the pending bankruptcy of PG&E. We also provide brief updates on (i) an important change in the District of Columbia’s renewable regulations that will materially impact the price of electricity, and (ii) how energy issues fared in last November’s mid-term elections.

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Topics: Newsletters
7 min read

October 2018 - Quarterly Market Letter

By Jon Moore on October 8, 2018

On behalf of the team at 5, I am pleased to forward our market letter for the third quarter of 2018. In this letter we focus on two topics, (i) the increased interest of large corporate purchasers in virtual power purchase agreements with renewable generators, and (ii) the upcoming mid-term elections and the possible impacts such elections could have on state and federal energy policy. I have to start, though, by expressing all of our genuine sadness at the recent passing of Phil O’Connor. Phil was one of the true leaders in in the deregulated industry and was a driving force in the opening of competitive energy markets throughout the country. He also played a pivotal role in bringing retail choice to Illinois. More importantly, he was a fine person who truly cared for others - he will be sorely missed.

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Topics: Newsletters Resiliency
6 min read

July 2018 - Quarterly Market Letter

By Jon Moore on July 9, 2018

On behalf of the team at 5, I am pleased to forward our market letter for the second quarter of 2018. It was a record quarter for significant market and regulatory developments. To keep this letter a manageable length, we focus on three issues that are particularly important: (i) the New York Independent System Operator (NYISO) carbon tax proposal, (ii) various Federal efforts to effectively re-regulate competitive energy markets, and (iii) the 2020/2021 PJM capacity auction and what results say about the current chaos in the deregulated energy markets.

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Topics: Newsletters
6 min read

April 2018 - Quarterly Market Letter

By Jon Moore on April 9, 2018

On behalf of the team at 5, I am pleased to forward our market letter for the first quarter of 2018. This letter focuses on a change taking place in the energy market and its impact on our clients. Historically, energy procurement was separated from facility operations. A procurement team and/or an advisor worked with competitive retail suppliers to manage commodity prices. In parallel, engineers worked with an operations team to reduce energy consumption. Today, large energy users can no longer approach energy procurement and facilities management as separate and distinct tasks – a cost effective energy management strategy must integrate facilities management and procurement. In this letter we discuss some of the factors that have driven this change and the importance of integrating procurement and energy management.

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Topics: Newsletters Resiliency
6 min read

January 2018 - Quarterly Market Letter

By Jon Moore on January 8, 2018

On behalf of the team at 5, I am pleased to forward our market letter for the final quarter of 2017. I began our last quarter’s letter with a discussion of the correlation between extreme weather and energy prices. I noted that since the extreme cold in the Northeast in 2013/2014, and the extreme heat in Texas in 2011, the energy market had not been tested to see how it would respond to extreme weather. Consider the market tested: the chart below tells the story.

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Topics: Newsletters Resiliency
5 min read

October 2017 - Quarterly Market Letter

By Jon Moore on October 9, 2017

On behalf of the team at 5, I am pleased to forward our market letter for the third quarter of 2017. For many years, the energy market has seen a direct correlation between extreme weather events, high electricity prices, and regulatory changes. Q3 was different. It set records for extreme weather, but we did not see a corresponding increase in energy prices. Still we saw significant regulatory changes tied in part to weather events. In October, Energy Secretary Rick Perry, citing recent storms, announced new rules to compensate coal and nuclear plants for their ability to operate through adverse weather events. This letter focuses on the relationship between weather, energy prices and regulatory change.

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Topics: Newsletters
8 min read

July 2017 - Quarterly Market Letter

By Jon Moore on July 3, 2017

On behalf of the team at 5, I am pleased to forward our market letter for the second quarter of 2017. In our Q1 letter, we focused on how new technologies, particularly solar and wind generation, are transforming the power market and causing negative power prices in California. In this quarter’s letter, we focus on an old generation technology, nuclear power.

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Topics: Newsletters
7 min read

April 2017 - Quarterly Market Letter

By Jon Moore on April 3, 2017

On behalf of the team at 5, I am pleased to forward our market letter for the first quarter of 2017. This quarter marks 5’s fifth anniversary. While I try to avoid marketing in this letter, I cannot help but mention our most recent award, being named the 2nd best place to work in the State of Texas. When added to our other awards, this speaks to the unique company we are all building at 5.

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Topics: Newsletters Resiliency
9 min read

January 2017 - Quarterly Market Letter

By Jon Moore on January 9, 2017

On behalf of the team at 5, I am pleased to forward our market letter for the last quarter of 2016. The most important policy development in Q4 was the election of Donald Trump as the 45th President of the United States. Mr. Trump was elected on a platform that promised energy independence, increased drilling of oil and natural gas, and an end to the war on coal. While other events might be overshadowed by the election, a review of recent energy developments question the impact of the Federal Government on the energy market. In fact, state policy and changes in energy technology may have a greater impact on the energy market than who holds control of the executive office. A few recent market developments are summarized below.

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Topics: Newsletters
8 min read

October 2016 - Quarterly Market Letter

By Jon Moore on October 3, 2016

On behalf of the team at 5, I am pleased to forward our market letter for the third quarter of 2016. Before turning to our discussion of general market developments, I’d like to highlight an important trend shown in our technical energy charts. Our market guru, Eric Plateis, built proprietary analytical tools to forecast the future direction of electricity and natural gas prices. Below is Eric’s chart of the Henry Hub rolling prompt month price of natural gas (the next month in the year) from late July to today.

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Topics: Newsletters