Energy News

Electricity

Block Island’s Electric is now 100% Renewable Energy Generated

Block Island has achieved a complete transition to 100% renewable energy, marking the end of its reliance on fossil fuels. This is the result of years of effort by the island’s year-round residents, the Solar Initiative, and the Block Island Utility District, both not-for-profit organizations. In December, the State of RI Division of Public Utilities

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Electricity

Hurricane Season and the Energy Market

Hurricanes and tropical storms can have significant effects on the energy market due to their potential to disrupt both the supply and demand sides of natural gas and electricity. 

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Energy 101

The Evolving Energy Landscape – The Future of Renewable Energy

The United States is undergoing a shift in its electricity generation, commonly referred to as the “grid mix.”  To put it in perspective, there has been a 68% decline in coal-fired generation from 2010 to 2020.  In New York City, a large effort is underway to harness clean energy solutions with ambitious sustainability goals. NYC

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Electricity

February

As we head into the last weekend of February, New England is shaking off Winter Storm Olive which brought snow, rain, and strong winds to the region.  Overall, February’s mild temperatures in the Northeast and Midwest has kept natural gas storage withdrawals to a minimum. Yesterday saw a 71 Bcf withdrawal according to the U.S.

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Energy 101

Is Winter Making a Comeback?

Last week, we saw the price of Natural Gas fall to an 18 month low as mild weather in the Midwest and Northeast gave way to lower heating demand and an 11 bcf storage injection.   This mild weather pattern is not expected to last much longer as winter is preparing a comeback. NOAA’s long

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Electricity

December’s Weather Outlook

December’s temperature outlook has shifted into a much “warmer than normal” trend for the East Coast and Midwest.  Weather has been a considerable influence in the market of late and day to day forecasts have a significant role in market volatility.   For more insight on the electric and natural gas markets, feel free to send

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