Entergy to Close Vermont Plant; Will an Increase in Energy and Capacity Prices in NEPOOL Result?

August 27, 2013

Today, Entergy Corporation, an electric power producer and retail distributor, announced that it was closing its Vermont Yankee Nuclear Power Station in Vernon, Vermont. The station is expected to shutdown in the fourth quarter of 2014; in the meantime, the Nuclear Regulatory Commission (NRC) will monitor the station throughout the process of decommission in order […]

Natural Gas Prices Drop Below Support Level

August 5, 2013

The September natural gas futures contract dipped below the support level of $3.40 on Thursday, August 1, delicing as low as $3.34 before closing at $3.39. Since then, the contract has decreased a bit further, reaching as low as $3.31 on Monday, August 5, marking the 52-week low. We expect prices to hold support. If […]