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Archive for the ‘News’ Category

With New Project, National Grid Puts Forward Possible Alternative to Northern Pass

An alternative to the controversial Northern Pass 1,090Mw transmission line in New England has been proposed. The new 1,200Mw transmission line would still bring cheap renewable hydroelectric power into New England from Quebec, but would use existing power lines to reduce the environmental impact of the transmission line. A new utility project from National Grid […]

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California Dam Crisis Leaves Power Market Short of Big Hydro

California is in a bind.  The recent Oroville Dam emergency has forced the shutdown of a 819MW hydropower plant that needs to be replaced with the equivalent of two natural gas power plants.  This will increase natural gas demand while the state is still short on supply because of the Aliso Canyon gas leak from […]

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Ohio electric deregulation on the chopping block?

Utilities in Ohio are working on legislation that would cut back on electricity deregulation in the state in order to help fund power plants that are struggling to stay open with the low-price environment for electricity.  The utilities are looking for subsidies similar to ones in other states, but opponents say that the subsidies would […]

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Natural gas-fired generating capacity likely to increase over next two years

Continuing with the trend of rising reliance on natural gas for electricity generation, the US is expected to add over 11GW of natural gas generating capacity in the next two years. Source: U.S. Energy Information Administration, Electric Power Annual and Preliminary Monthly Electric Generator Inventory The electricity industry is planning to increase natural gas-fired generating […]

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Natural gas prices in 2016 were the lowest in nearly 20 years

Due to mild weather, slowing residential and commercial demand, and near-record level storage inventories, natural gas monthly and annual prices for 2016 were the lowest since the late 1990’s. While it is not too late to take advantage of the low-price environment for natural gas, the EIA is expecting prices to be higher in 2017. […]

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New York State Plans 2400 MW of Offshore Wind by 2030

The same week that New York announced that the Indian Point Nuclear Reactor would be shut down, Gov. Cuomo announced that the largest offshore wind project in the US would be built off the coast of Long Island.  This new wind farm will help offset the loss of nuclear power, while eventually providing power to […]

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Cuomo Confirms Deal to Close Indian Point Nuclear Plant

The Indian Point nuclear power plant located just 30 miles from New York City will officially shut down in 2021, likely increasing rate payer utility bills.  While this change won’t take place for several years, it will force New York to add electricity generation through renewable energy sources or by using hydro power from Quebec. […]

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U.S. Solar Boom Continues: 1MW Installed Every 32 Minutes

Solar energy has accounted for over a third of new electricity capacity generated in 2016. The future of solar looks very bright! Renewable energy policy faces a future of uncertainty with a new fossil fuel-friendly administration set to take office, but the U.S. solar industry just marked its best quarter to date. In the third […]

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An Historic Achievement – National Grid Customers Are the First in the U.S. to Receive Offshore Wind Power

America’s first offshore wind farm is finally up and running off the coast of Rhode Island! The 30MW wind farm is now supplying almost 100% of Block Island’s energy demand, with the excess capacity being used to power Narragansett and other RI towns. PROVIDENCE, R.I.–(BUSINESS WIRE)–After just 11 months of construction on its “sea2shore: The […]

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Google Says It Will Run Entirely on Renewable Energy in 2017

Google, one of the largest energy consuming companies in the world, will become completely carbon-neutral in 2017 through investments into large utility-scale wind and solar farms. MINCO, Okla. — Last year, Google consumed as much energy as the city of San Francisco. Next year, it said, all of that energy will come from wind farms […]

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