Federal Energy Regulatory Commission
The Federal Energy Regulatory Commission (FERC) is an independent agency of the United States government that regulates the interstate transmission and wholesale sale of electricity and natural gas and the prices of interstate transport of petroleum by pipeline. FERC also reviews proposals to build interstate natural…
Ibis Budget
Ibis Budget (stylised ibis budget) is a French budget hotel brand owned by Accor, which also owns the Ibis and Ibis Styles brands. It is an economy hotel brand specialising in essential comfort at a budget price.
MoneySuperMarket
MONY Group plc, trading as MoneySuperMarket, is a British company which specialises in technology-led money-saving platforms including several price comparison websites. The company enables consumers to compare prices on a range of products, including energy, car insurance, home insurance, travel insurance, mortgages,…
Inflation Reduction Act
The Inflation Reduction Act of 2022 (IRA), Pub. L. 117–169 (text) (PDF), is a United States federal law which aimed to reduce the federal government budget deficit, lower prescription drug prices, and invest in domestic energy production while promoting renewable energy.
Feed-in tariff
A feed-in tariff (FIT, FiT, standard offer contract, advanced renewable tariff, or renewable energy payments) is a policy mechanism designed to accelerate investment in renewable energy technologies by offering long-term contracts to renewable energy producers. This means promising renewable energy producers an…
2000s energy crisis
From the mid-1980s to September 2003, the inflation-adjusted price of a barrel of crude oil on NYMEX was generally under US$25/barrel in 2008 dollars. During 2003, the price rose above $30, reached $60 by 11 August 2005, and peaked at $147.30 in July 2008.
REPowerEU
REPowerEU is a strategy adopted by the European Commission in May 2022 in response to the sharp rise in energy prices and the energy security risks that followed Russia's full-scale invasion of Ukraine. The energy crisis triggered by the invasion of Ukraine led to a significant increase in electricity prices across…
Generic brand
Generic brands of consumer products (often supermarket goods) are distinguished by the absence of a brand name, instead identified solely by product characteristics and identified by plain, usually black-and-white packaging. Generally they imitate more expensive branded products, competing on price.
Ascend Collection
The Ascend Collection is a brand launched by Choice Hotels International in 2008 for higher-priced historic and boutique hotels. Competing brands include Best Western’s Signature and Premier Collections, Wyndham’s Trademark Collection, and IHG’s Voco Collection.
Energy subsidies in the United States
Energy subsidies are government payments that keep the price of energy lower than market rate for consumers or higher than market rate for producers. These subsidies are part of the energy policy of the United States.