In Energy, the Customer is King Once Again

In Energy, the Customer is King Once Again

The energy value chain has been in flux for decades, transitioning between integration, disintegration and back again. These fluctuations have been driven by a number of factors — changing commodity prices, a shifting regulatory environment and the impacts of new technology. But over the last several years, the customer is returning to the forefront. Once seen as an operational headache and lower margin than being upstream (i.e. — producing crude oil and generating electrons), retail markets are becoming crucial to the long-term success of energy giants across the energy landscape.

Seven Louisville-area companies that raised money in February

 From Louisville Business First

From Louisville Business First

Louisville-based Virtual Peaker Inc. makes a web-based platform through which utility companies can control internet-enabled appliances, such as window air conditioners, heat-pumps and thermostats. Its clients are utility companies, which use the platform to manage power demand during peak electricity usage periods. This is another company we recently met with to talk more about the idea. When I asked founder William Burke who was investing in his company, his response was something like: Very smart people.

Read more from our inclusion in Louisville Business First.