BKV Energy

Our new article comparing the Texas energy grid to other regional grids around the U.S. is now featured on EnergyCapitalHTX -- this hurricane season has been a sobering reminder of the vulnerabilities in our energy infrastructure in Texas and other regions around the United States. In this article, we explore urgent questions: • Can our power grids be strengthened against disasters? • How does the Texas grid compare to other regional grids? Read the full article by Samuel Luna, PMP for insights on grid improvements, Texas’s renewable strengths, and the small actions we can all take to keep the lights on in challenging times. https://lnkd.in/gAqkHmd9 #texasenergy #texaselectricity #hurricane #energyinfrastructure

Our Director of Product Samuel Luna, PMP made another appearance on KPRC to chat with Haley about low residential electricity prices in Fall 2024. Check it out! https://lnkd.in/g-cE6eQM

Tune in to our very own Samuel Luna, PMP, Director of Product at BKV Energy, as he sits down with Derrick and Tessa on Houston Life at KPRC! 🎥 In this interview, Sam shares why NOW is the perfect time to switch electricity plans. With a cooler-than-expected summer behind us and a mild winter forecast ahead, Fall 2024 offers a unique opportunity to lock in better rates, which could save you hundreds of dollars over the next year. Don't miss out on valuable insights to help you make the smart switch with BKV Energy. #HoustonLife #TexasElectricity https://lnkd.in/gd9UqyCP

Our Director of Product Samuel Luna, PMP was featured today on Houston's The Leader. The article discusses what Houstonians need to know about how ERCOT, CenterPoint, and their electricity provider contribute to their electric bills. Plus, what you can do to reduce your spending, despite the recent increase in TDU delivery charges. Check it out: https://lnkd.in/g8EuUUcK #Houston #Energy #Texas #CenterPoint

Last week was one for the books as BKV proudly debuted on the New York Stock Exchange with our IPO! Check out some of the highlights from this milestone day and hear our CEO, Christopher Kalnin, share how we plan to lead the industry into the future as a new kind of energy company. #BKV #ItsOn #NYSE (NYSE: BKV)

Congrats to our parent company BKV Corporation! Now officially listed on the New York Stock Exchange. 🎊

⚡ Unlocking New Levels of Customer Satisfaction at BKV Energy! ⚡ I am proud of the work that Crystal Embury Hagler and Joshua Martin have led to unveil our new Customer Portal, a testament to the BKV Energy commitment to leverage data-driven insights to exceed expectations. At BKVE, we understand that delivering exceptional service requires more than just meeting needs – it’s about anticipating them. That’s why our portal was developed through rigorous analysis of customer feedback and user data, ensuring we don’t just meet but over-deliver on customer satisfaction. 📊 Data-Driven Excellence: By harnessing the power of customer insights, we’ve crafted a platform that offers personalized experiences and actionable data at every touchpoint. 👩💼 Customer Advantage: Our focus on usability means you can efficiently manage energy needs, helping you focus on what matters to you. Partner with BKV Energy and experience how a data-driven approach can lead to greater customer satisfaction and business success. #EnergyInnovation #CustomerSuccess #DataDriven #BKVEnergy

The National Hurricane Center expects Tropical Storm Beryl to make landfall in Texas near Corpus Christi as a Category 1 or 2 hurricane. Tropical storm, storm surge, and hurricane warnings and watches are in effect across the Gulf coast of Texas. If you haven't already, now is the time to make a plan and take action to stay safe during this severe weather event. Check out our hurricane safety guide for more information: https://lnkd.in/g7QbRPfP For the latest updates, follow the National Hurricane Center (NHC) and National Oceanic and Atmospheric Association (NOAA) on social media. For guidance on hurricane safety, follow these steps: https://lnkd.in/g7QbRPfP If you lose power, report outages to your regional utility company: https://lnkd.in/g7EE_4-T Report and keep your distance from fallen power lines.

Several weeks ago Barend starting wearing Hawaiian shirts on Fridays. Then, everyone starting wearing Hawaiians on Fridays. The only possible next step? We needed matching shirts. As you can see, we are loving our new BKV Energy #swag.

Texas experienced a series of destructive weather events that severely affected the Dallas Fort-Worth and Houston areas, leaving almost two million people without power. So, did wholesale prices spike during these storms? Interestingly, the answer is “no.” Why did prices soar during winter storms Uri and Elliott in previous years, then? What makes these events so different? As with most things involving the grid, this is a complex topic. I’ll make some generalizing assumptions, but I hope to explain how different weather events can have radically opposing effects on wholesale electricity prices. If you’ve read my previous posts, you’ll recall that ERCOT’s market rules are based on scarcity. When demand for electricity exceeds the available supply, prices rise rapidly. During a winter storm, demand skyrockets as temperatures drop and everyone needs to heat their homes. This sudden surge requires much more generation, sometimes exceeding available capacity, driving prices to the maximum allowed, where they can stay for an extended period. The recent May events were different. The issue wasn’t a sudden spike in demand but rather an inability for generators to deliver power to customers. High winds essentially shut down the infrastructure between supply and demand. As a result, hundreds of thousands of people lost power. From the grid’s perspective, that demand vanished. Simultaneously, generators couldn’t deliver electricity to these homes, resulting in an excess of generation capacity. ERCOT found itself in a situation with too much supply. It’s ironic because people without power desperately needed electricity and were willing to pay more for it (the cost of running a generator is much higher than typical electricity costs). Kudos to the utility companies and the crews that worked non-stop to restore power to most homes. So, there you have it. In simple terms, a winter storm is a demand-increasing event that causes prices to spike, while severe thunderstorms, tornadoes, or hurricanes are distribution-disrupting events that cause prices to fall. Electricity is so ubiquitous that we don’t think about it until it’s gone. Then we realize how modern-day civilization cannot exist without it. #ERCOT #ElectricityPrices #MarketDynamics #Texas #Storms #Weather