EarlyBird News

Russia has sent three large ships carrying liquified natural gas (LNG) to Kaliningrad, its port sandwiched between Poland and Lithuania on the Baltic coast. Experts say it is an attempt to keep access to gas supplies in case conflict stemming from Russia’s invasion of Ukraine cuts off gas pipeline flows. Russia’s invasion of Ukraine has […]

On Monday, February 1, the Environmental Protection Agency (EPA) announced that it would be moving to restore Obama-era rules on power plants that limit mercury, lead, and other hazardous pollutants from coal- and oil-fired power plants. The rules were first enacted in 2012 under the Clean Air Act and allowed the EPA to regulate emissions […]

On Thursday, January 27, in the midst of cold winter temperatures and on the heels of an approaching winter storm in the Northeast, natural gas prices spiked 46% to $6.265 per MMBtu. This marks the largest one-day increase ever in recorded data, which stretches all the way back to 1990. The increase in prices occurred […]

As energy costs see increases, the French government will set a limit on electricity bill hikes to 4%, estimated to create a €8.4bn impact to EDF Energy, the country’s largest energy company. Shares of EDF fell by 20% as the government is also forcing their nuclear reactors to sell to rival suppliers, below market price, […]

Last Sunday a quarter of ISO-NE was powered by Oil. Generators had to come online or switch as baseload was having trouble keeping up with the cold weather. While natural gas can be the most reliable and environmentally friendly alternative for times like these, there is simply not enough available. This phenomenon has been going […]

A grid is only as strong as its weakest generation resource, or regulatory bodies – it can all go wrong in seconds and there’s nothing you can do. ISO-NE electricity generation is highly dependent on natural gas as fuel, and during the Winter season the priority access to natural gas is given to heating homes […]

Over the last few months Dutch TTF futures have rallied at increased tensions between Russia and Ukraine. In addition to this, all time low storage given increased demand over the year, and delays in the construction of new pipelines have squeezed futures prices. Nord Stream 2 is still facing political pressures and tightening reserves have […]

Eversource filed its Winter rates with the DPU; prices reflecting current constraints in natural gas supplies in the Northeast. Most notably for Large C&I customers under a variable rate these will be paying close to $0.30/kWh in both January and February, and those under a fixed rate will be paying $0.2754/kWh and $0.2532/kWh for NEMA […]

In the public eye nuclear power is politicized as being “dirty, dangerous, insecure, outdated, harmful,” among many other things. The reality is the complete opposite. Jacopo Buongiorno, an MIT nuclear engineer has calculated that the life cycle of a nuclear power plant including construction, mining, transport, operation, and decommissioning creates just 1/700th of coal, 1/400th […]

Over the past few months Natural Gas prices have been trickling up, seeing new highs of around $6/dth from artificially suppressed levels of around $3 during the pandemic. As the supply chain and operations of all industries begin to normalize, an increase in demand for natural gas domestically and internationally are pushing prices higher and […]