EarlyBird News
Natural Gas Prices – Biggest 2-Day Rise Since 2018
September 25, 2020Between September 22 and 24 Natural Gas prices experienced a 23% gain in prices closing at $2.248/mmBtu, the highest two-day gain since November 11, 2018. Part of this is attributed to increased usage, and lower buildup of storage. The average five-year build of storage for the week ending on September 1st has been of 80Bcf, […]
CME Group Plans to Launch Water Based Futures
September 21, 2020Recentlty CME Group, the world’s largest derivative exchange for different asset classes announced plans to launch the first ever water future. It is going to be based on the NASDAQ Veles California Water Index (NQH2) and is expected to be launched in late Q4 after regulatory approval. The initiative will serve as a tool for […]
Alternative Energy Opportunities in New York City: The East River
September 16, 2020Tidal Power What is tidal power? Tidal power is created by converting energy from the tides to electricity using turbines places underwater. Unlike the wind and the sun, tides are very predictable making it a very reliable method of harnessing energy. Recently, Verdant Power announced it is developing an $8M project to install tidal turbines […]