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New data shows Xcel Energy Colorado’s 2016-2017 all-source competitive solicitation (ASCS) secured even lower costs than power sector leaders previously thought, adding momentum to interest in this emerging approach to procurement.
Xcel’s ASCS returned a $0.017/kWh bid for wind, a $0.023/kWh bid for solar, and a $0.03/kWh bid for solar-plus-storage, according to a February 2021 Xcel presentation to Michigan regulators. These prices, compared to Colorado’s average January 2021 residential electricity price of $0.126/kWh, have other utilities asking how they can use this procurement approach.
ASCSs identify market-based portfolios that meet utility needs on both cost and risk from the full range of options, said 3rdRail Managing Partner Fredrich Kahrl, lead author of a March 2021 Lawrence Berkeley National Laboratory (LBNL) ASCS study. The study outlines 11 ASCS proceedings from investor-owned ut
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Why Apple, Sephora and Nordstrom are jumping on this trend to pull in shoppers By: CNN
Originally Published: 07 MAR 21 10:00 ET
By Parija Kavilanz, CNN Business
(CNN) As the pandemic drags on, big chains like Target and Nordstrom are looking for ways to keep consumers coming back to their stores.
One go-to strategy is the store-within-a-store concept. It s a way for one retailer to join forces with another by setting up a pop-up shop within their stores.
Industry analysts saythe approach has benefits for both parties. For instance, department store Kohl s is adding as many as 200 Sephora mini shops inside of its stores in 2021 as a way to expand its beauty and cosmetics category. For Sephora, the deal helps the retailer expand its market to Kohl s shoppers.