HOUSTON, Dec. 2, 2013 /PRNewswire/ -- GDF SUEZ Energy Resources NA, one of the country's largest competitive retail electricity providers to commercial, industrial and institutional customers, will host a new session in its continuing national webinar series on December 5 titled Electricity and Natural Gas Price Risks – This Winter and Beyond. The complimentary, online session will be held from 11 a.m. to Noon CST and will be led by renowned energy expert Andrew Weissman.
The event, which will include a market assessment for the remainder of 2013 and all of 2014, will give participants a broader understanding of the unique issues driving the market, including coal plant retirements, increased demand for natural gas and environmental regulations. And, in an exclusive feature, GDF SUEZ Energy Resources will highlight Energy Business Watch MarketPro, a comprehensive suite of analytical tools designed to help buyers properly evaluate price risk and exposure.
Created under the leadership of Weissman and an exclusive offer only available to customers of GDF SUEZ Energy Resources, Energy Business Watch MarketPro provides three solutions that bring transparency to energy pricing. This includes Energy Risk Report, a monthly analysis of up- and downside price risks in regional electricity markets; Sapphire, an interactive online platform that enables purchasers to assess market risks and forecast the potential impact of shifts in weather, supply, demand, storage and coal displacement on regional electricity prices; and MarketCast, a monthly webcast led by Weissman that identifies and explains risks and trends.
In addition to these analytical tools, Weissman will give an overview of the natural gas and power markets in New England. An overview of regulatory developments will also be provided, including changes in the New York Hudson Valley Capacity Zone and the status of the Massachusetts Solar Carve-Out Program.
J.D. Burrows, Vice President of Marketing for GDF SUEZ Energy Resources, said, "There's a lot happening today in the power and gas sectors, which may have a major impact on commercial and industrial customers in the future – from shifting market structures to fluctuating commodity markets to changing environmental regulations. This event is designed to help explain how those issues may influence price for large energy users and deliver some key tools and insights to assist them in staying informed and mitigating risks."
Weissman, whose career in energy spans more than 30 years, is experienced in natural gas, oil, electricity and coal markets. He has delivered strategic advice and counseling to more than 50 independent oil and natural gas producers, power producers, major electric and gas utilities, hedge funds, energy traders, retail and wholesale energy marketers, equipment vendors and large energy users. Weissman has also played a key role in developing innovative business structures for major energy transactions and helping to transform energy and environmental policy at the state and federal level.
The webinar is the fourth in GDF SUEZ Energy Resources' 2013 quarterly national series titled Current Intelligence. Commercial, industrial and institutional electricity buyers interested in participating can register at www.electricitywebinars.com.
About GDF SUEZ Energy Resources NA
GDF SUEZ Energy Resources NA is one of the largest non-residential retail electricity suppliers in the U.S. and currently serves commercial, industrial and institutional customers in 12 markets: Delaware, Texas, Massachusetts, Maine, Maryland, New York, New Jersey, Pennsylvania, Illinois, Connecticut, Ohio, and Washington, D.C. The company serves approximately 70,000 accounts for customers having a peak demand ranging from 50 KW to more than 200 MW, with an estimated peak load totaling nearly 10,000 MW. The company offers electricity service to small business customers under the brand Think Energy™.
For more about GDF SUEZ Energy Resources, visit www.gdfsuezenergyresources.com or call 1-866-999-8374. Follow GDF SUEZ Energy Resources on LinkedIn, Twitter: @GDFSUEZEnergy and Facebook. GDF SUEZ Energy Resources is a subsidiary of GDF SUEZ Energy North America, which manages a range of energy businesses in the U.S., Mexico, and Canada, including electricity generation and cogeneration, natural gas and liquefied natural gas (LNG) distribution and sales, asset-based trading and origination, and retail energy sales and related services to commercial and industrial customers. GDF SUEZ Energy North America is a part of the international energy group GDF SUEZ. For more information, please visit www.gdfsuezna.com.
Disclaimer. The views and opinions expressed by Andrew Weissman or in the Energy Business Watch MarketPro reports, tools, website are for informational purposes only. No reliance may be placed on such information and GDF SUEZ Energy Resources makes no representation as to accuracy, completeness, suitability, or validity of any information therein. In no event shall GDF SUEZ Energy Resources or its directors, principals, agents, employees or representatives be liable for any loss or damage whatsoever arising out of the use such information.
SOURCE GDF SUEZ Energy Resources NA