I had the chance yesterday to visit with David Klien, head of a new data offerings from EnerKnol, a company who is described on their website as providing “U.S. energy policy research and data services to support investment decisions across all sectors of the energy industry.” Enerknol will soon be coming to market with what is, as far as I can tell, a new class of data for any business that owns energy assets or trades/markets energy commodities – “energy regulatory data”. In most energy utility, production, processing, trading and marketing companies in the US, tracking changes to regulatory rules or policies falls within a specialized group that spends their days reading websites and pdfs issued by the myriad of regulatory agencies that oversees the various parts of their business dealings, from local or state level agencies all the way up to the feds such as FERC and NERC. Unfortunately, many times these regulatory groups live a bit in isolation, and while tied closely to the legal groups, they usually interact with the commercial groups on an irregular basis, either to inform of an inevitable change that may impact the company’s operations or to seek information should the company wish … continue reading
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