3 min read

Cryptocurrency: A Miner Energy Issue

By 5 on August 31, 2021

Aluminum manufacturers are among the most energy-intensive industries in the world. In 2010, the process used by smelters to refine primary aluminum from bauxite ore consumed approximately 3% of the entire world’s electricity supply. The vast amounts of energy used in this process have driven many aluminum manufacturers to locate their plants in parts of the world where bauxite is plentiful and electricity is relatively inexpensive. Today, there is a new energy-intensive industry that is driving demand for more electricity supplies: cryptocurrencies. According to the Cambridge Center for Alternative Finance, Bitcoin alone, one of the most well-known cryptocurrencies, uses 110 Terawatt-hours of electricity annually, or 0.55% of global electricity supplies. The fact that cryptocurrencies can use more electricity than some small nations has motivated companies that mine Bitcoin to find host locations where electricity is reliable, plentiful, and inexpensive. Bitcoin, Ethereum, Dogecoin, and others have used record amounts of electricity this year, raising concerns around the amount of energy these monetary systems use and the amount of carbon used to supply their facilities.

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Topics: Markets Demand Response Education Resiliency
1 min read

Client Spotlight: Celestial Beerworks

By 5 on August 31, 2021

The Celestial Beerworks taproom and brewery provides an otherworldly experience for visitors in more ways than one. Since its opening in 2018, the Celestial team has skillfully combined their favorite things: art, science, and delicious, fresh beer…and space. Their inspiration is manifested throughout each aspect of the company, from their wide variety of beers and meticulous obsession with hops to their masterpiece can-art and onsite décor. Bartenders are replaced by Startenders and flights of beers are ordered by their more Celestial name, Missions. Co-owners Molly and Matt Reynolds bring a wealth of knowledge and experience, including Matt’s history as a brewmaster for Malai Kitchen and his time making homebrews for his friends and family.

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Topics: Clients Procurement Demand Response Resiliency
1 min read

A Website Worth Experiencing

By 5 on June 29, 2021

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Topics: Natural Gas People Culture Videos Procurement Demand Response Sustainability Education Renewables Resiliency
3 min read

Biden's Energy Priorities

By 5 on May 25, 2021

There are several interesting developments in Washington D.C. that could impact the nation’s energy markets. With the death of Alcee Hastings (D-FL) last month, the Democratic majority in the House shrank to a mere six votes and the Senate remains split at 50/50. The razor-thin Democratic majority means it is unlikely that Congress will use the traditional legislative process to pass new energy-related legislation. Instead, as was the case with the stimulus bill, the Biden Administration is expected to use the budget reconciliation process to pass an energy bill at some point this calendar year.

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Topics: Markets Demand Response Sustainability Education Renewables Resiliency
2 min read

Client Spotlight: Killeen ISD

By 5 on April 5, 2021

Killeen Independent School District (ISD) is a large school district in central Texas that serves the Killeen, Fort Hood, Harker Heights, and Nolanville communities. Approximately 45,500 students in Killeen ISD attend 32 elementary schools, 11 middle schools, 4 high schools, 4 special campuses, a state-of-the-art Career Center, and an Early College High School. There are over 6,800 teachers and staff working across many campuses and facilities who are committed to providing a great education and learning experience to the students they serve.

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Topics: Clients Procurement Demand Response
3 min read

Microgrids are a Macro Deal

By 5 on March 30, 2021

Despite the name, microgrids are a big deal. In fact, microgrids are a hot topic of conversation lately because of the crucial role they play in business continuity and resiliency planning. Thanks to a handful of unpredictable weather events, a wide variety of stakeholders are turning to microgrids to keep power flowing when natural disasters or catastrophic grid failures disrupt the utility grid’s normal operations.

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Topics: Demand Response Sustainability Education Resiliency
1 min read

Client Spotlight: Catholic Diocese of Dallas

By 5 on March 30, 2021

The Roman Catholic Diocese of Dallas was established in 1890 and today serves an area of over 7,500 square miles across Dallas, Collin, Ellis, Fannin, Grayson, Hunt, Kaufman, Navarro, and Rockwall Counties. The diocese operates 69 parishes, 2 seminaries, 3 high schools and 26 elementary schools. The Diocese of Dallas is one of the fastest growing dioceses in the United States, whose parishes and five missions serve approximately 1.2 million Catholics and a larger North Texas community of more than four million people.

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Topics: Clients Procurement Demand Response Sustainability Renewables
1 min read

Spotlight – Water Authority Wins with Proactive Risk Management

By 5 on March 30, 2021

5’s client, a major water authority in Texas, has provided wastewater treatment services to many municipal utility districts for more than 60 years with each member district sharing in the operating costs. In 2014, the client selected 5 to serve as their advisor for all energy-related matters.

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Topics: Clients Case Studies Demand Response Resiliency
2 min read

Your Business Needs a Whole Health Energy Plan

By 5 on February 26, 2021

Since the dawn of electricity deregulation, most commercial and industrial clients have relied on brokers and sales reps as their primary source of education and strategy development. Clients meet with a different set of sales people to discuss procurement, engineering, demand-side management, sustainability, and resiliency, leading to a fractured decision-making process and piecemeal strategies that lack depth, diversity, harmony, and foresight. When energy prices are falling, the weather is following normal patterns, and suppliers are offering low bids in a race to the bottom, any sales rep or broker running a simple procurement process can appear to be adding value to your business.

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Topics: Markets Procurement Demand Response Sustainability Education Resiliency
1 min read

Spotlight – Midstream Provider Implements Strategy for Uncertainty

By 5 on February 17, 2021

In 2020, a midstream oil services provider approached 5 to help manage the electricity for a new facility that was ramping up its operations in the Midland Basin. This new facility gathers and stores crude oil from various wellheads in West Texas and connects it to local refineries through its pumping stations. Most of the electricity at this midstream facility is used to power a series of 200 to 400 HP variable frequency drive motors that will deliver more than 100,000 barrels per day to several downstream delivery points. This client hired 5 to help in modeling the electricity usage as the facility went into operations and gradually increased its pumping capacity. The rapidly fluctuating demand for crude oil during the pandemic added to the complexity of forecasting and budgeting this facility’s energy costs and consumption.

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Topics: Clients Case Studies Procurement Demand Response Resiliency