December 2022

Key Takeaways


WTI closed at $71.02/Barrel on Friday, down 11.2% from the week prior. Friday’s prices established a new low for 2022. Both WTI and Brent posted the largest week-over-week declines seen in months, driven by growing recession concerns. Natural gas front-month futures settled at $6.25 on Friday, up 12% from the week prior. Colder weather forecasts across the U.S. and Europe contributed to the late week surge. New England electricity prices peaked on December 1 and have started to come down, with the NEPOOL 12-month strip falling 7.15% week-over-week, settling at $110.18.  



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The FERC 2022-23 Winter Energy Market & Reliability Assessment: What It Means for Your Business


By Catherine Nisbet, Energy Analyst

As an Energy Analyst for CES’ Analytics Team, I – along with my A-Team colleagues -- rely on the annual Federal Energy Regulatory Commission Winter Assessment to help guide client discussions and recommendations. Our every day is spent analyzing energy market trends, current and future, and to some extent, we anticipate that the FERC Winter Assessment will highlight the story we see unfolding over the year prior to the report’s publication....


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CES A Look Back at 2022  

By Nina Callanan, Managing Director of Marketing & Communications


With the new year on the horizon, join us for a quick look back on 2022 as we revisit some of the content that we created with you in mind.


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CES Volunteer Day WindowDressers

On Friday, November 11, several CES Team members volunteered their time assisting WindowDressers, a Maine-based nonprofit organization that supports dozens of Community Builds across New England and brings volunteers of all economic and social situations together to improve the warmth and comfort of interior spaces, lower heating costs, and reduce carbon dioxide pollution by producing low-cost insulating window inserts that function as custom interior-mounted storm windows. The CES crew’s Community Build Day took place at Cumberland Congregational Church.



CES is committed to giving back to the community and offers team building events for employees throughout the year and provides each employee with volunteer hours that may be used to support organizations close to their

hearts in the communities in which they live and work.

 

CES thanks the folks at WindowDressers for a great experience – and for the work that you do that makes a positive and lasting impact throughout New England. 

 

CES WindowDressers Volunteer Team pictured below left-to-right: Anthony Viola, Zack Hallock, Henry Toulmin, Charlotte Del Col, Simon Pritchard, and Tarik Cetin

Staff Picks Zack Hallock & Max Webb

CATHERINE NISBET'S PICK


The Big Switch

by Dr. Melissa Lott

https://thebigswitch.libsyn.com/


To slow climate change, we need to transform our homes, buildings, cars, and economy quickly. The Big Switch explains how to rebuild the energy systems all around us. Dr. Melissa Lott of Columbia University brings together historical examples, current events, and incisive analysis to give listeners a deep understanding of the solutions to climate change.

NINA CALLANAN'S PICK


Start With Why

By Simon Sinek


Start with Why asks (and answers) the questions: why are some people and organizations more innovative, more influential, and more profitable than others? Why do some command greater loyalty from customers and employees alike? Even among the successful, why are so few able to repeat their success over and over? Start with Why shows that the leaders who have had the greatest influence in the world all think, act and communicate the same way—and it's the opposite of what everyone else does. Sinek calls this powerful idea The Golden Circle, and it provides a framework upon which organizations can be built, movements can be led, and people can be inspired. And it all starts with WHY.

Have an Energy Question?

If you have a pressing energy question, or would like to hear about a particular topic in a future edition of the CES Insider, please contact us on our website today. We look forward to hearing from you!
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