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New York City’s Climate Mobilization Act, especially Local Law 97, sparked the creation of generic carbon calculators for buildings to assess occupancy class and emission limits. Although intended to ... READ MORE >

Eric Plateis is a co-founder of 5 and currently serves as the Chief Risk Officer. Eric’s 30 years of experience as a trader helps clients to manage their risk and choose energy products that are best ... READ MORE >

Royal Holiday Group has more than 35 years of experience in the national and international tourism industry. It is an owner and operator of Royal Holiday Vacation Club and Park Royal Hotels & Resorts,... READ MORE >

In commodity markets, a bear market cannot stay bearish forever. Typically, a commodity market does not stay in backwardation (where prices get cheaper into the future) for long. The forward electrici... READ MORE >

Over the last few years, natural gas has become the fuel on the margin, meaning that the price of natural gas becomes the driver for wholesale electricity prices. Supplies of natural gas and the deliv... READ MORE >

This week, a major milestone was reached in the natural gas market. For the first time in two years, the amount of natural gas in storage has exceeded the 5-year average. In Figure 1, the 5-year range... READ MORE >

In New York, natural gas is the new front in the war on climate change. While natural gas is much cleaner than coal, environmental groups argue that expanding natural gas infrastructure (building pipe... READ MORE >

Irving, TX - October 9, 2019 For the third consecutive year, energy advisory firm 5 was selected by Entrepreneur magazine for its 5th annual Entrepreneur 360™ list. Entrepreneur conducts a national se... READ MORE >

On behalf of the team at 5, I am pleased to forward our market letter for the third quarter of 2019. This letter discusses: (i) electricity price spikes in Texas, (ii) new limits on natural gas usage ... READ MORE >