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Archive for the ‘Wind Energy’ Category

Eversource Energy proposing wind farm off Connecticut coast

Connecticut is joining  New York, Rhode Island, and Massachusetts in welcoming offshore wind projects to increase their renewable energy production.  The Constitution Wind Project, one of many offshore wind projects proposed to the state, would supply power to 100,000 homes and help reduce the state’s reliance on natural gas for electricity generation. Eversource Energy and a […]

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Morning Energy Blog – December 1, 2017

Equities and the Economy: • Dow and S&P close at record high. • Dow closes above 24,000 for first time. It was a stellar day for stocks yesterday. The Dow skyrocketed gaining a whopping 332 points, 1.39%, closing above 24,000 for the first time at 24,272 and logging its largest single day gain since March. […]

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Morning Energy Blog – July 26, 2017

Equities and the Economy: • New record highs across the board. • Corporate earnings continue to look good. The board was painted green yesterday with all the major indexes closing at new record highs. The Dow gained 100 points, 0.5%, finishing at 21,613, the S&P 500 tacked up 7 points, 0.3%, ending at 2,481 and […]

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Morning Energy Blog – June 23, 2017

Equities and the Economy: • U.S. stocks end mixed. • Labor market tight. It was a lackluster day yesterday with U.S stocks ending mixed. The Dow slipped 13 points to 21,397, the S&P 500 ended off a single digit at 2,435 while the Nasdaq bucked the trend closing up 3 points at 6,237. All chatter. […]

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California Grid Smashes Record, Gets 67% of Energy From Renewables

California grid smashes renewables record, getting more than 67% of its energy from renewables on May 13, 2017. The state is still leading the U.S., but the entire country is making progress with renewable energy. CALIFORNIA LEADING THE WAY On May 13, 2017, California smashed through another renewable energy milestone as its largest grid, controlled […]

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Morning Energy Blog – May 3, 2017

Equities and the Economy: • Stocks post marginal gains. • Nasdaq posts 2nd consecutive record high. U.S. stocks eked out gains yesterday with the Dow closing 36 points higher at 20,950, the S&P 500 up 3 to 2,391 and the Nasdaq gaining 4 at 6,095, enough to close at a record high for a second […]

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Morning Energy Blog – April 11, 2017

Equities and the Economy: • Choppy day on Wall Street. • Stocks eke out small gain. U.S. stocks ended a choppy session yesterday finishing virtually flat to Friday’s closes. Both the Dow and S&P 500 closed up a couple of points to 20,658 and 2,357, respectively, and the Nasdaq finished 3 points higher at 5,881. […]

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Morning Energy Blog – March 7, 2017

Equities and the Economy: • Stocks close lower. • Lofty forward P/E ratios and higher interest rates not compatible. Yesterday stocks retreated on what I consider normal price action. The Dow fell 51 points closing below 21,000 at 20,954, the S&P 500 lost 8 points to 2,375 and the Nasdaq dropped 22 points to 5,849. […]

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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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