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What is Spot Electricity Trading and How does the Market Work?

What is Spot Electricity Trading and How does the Market Work?

The electricity market is a system that allows purchases through bids to buy; offers to sell; and short-term trades, often in the form of financial or obligation swaps. Offers and bids use the principle of supply and demand to set the pricing. Long-term trades are...
Why are More Companies Making the Switch to Renewable Energy?

Why are More Companies Making the Switch to Renewable Energy?

Tech giant Samsung has announced that by 2020, they plan to power their U.S., Europe and China plants entirely by renewable energy sources. And they aren’t the only ones. With an increased consumer focus on sustainability, more and more companies are making the move...