EarlyBird News
Rhode Island DOR Releases 100% Renewable Electricity Initiative
March 26, 2021On January 2020, Rhode Island’s governor Gina M. Raimondo signed an executive order setting the goal to source 100% of the state’s electricity demand from renewable sources. A requirement of the executive order is for the State to develop any necessary policies and explore multiple avenues to meet this goal. Some of the main drivers […]
Canada Pushing Nuclear Energy Development to Lower Carbon Emissions
March 3, 2021Nuclear Energy development has been very limited in the world’s most developed nations, favoring investments for Solar and Wind. A big reason for this is the public’s overall negative perception of nuclear energy, which is the cleanest form of energy available. Nuclear technology has seen various advancements in construction, operation, and safety measures of facilities […]
ERCOT $1.3B Short in Payments to Power Plants After Crisis
March 1, 2021The Electricity Reliability Council of Texas (ERCOT) responsible for the operations of the state’s energy market is waiting for $2B in payments from retail providers to pay suppliers after the winter vortex made energy prices skyrocket to over $9,000/MWh. ERCOT was able to transfer $800M from a separate market, but still owes $1.3B. If ERCOT […]
Divisive Clean Energy Future in New England Area
Over the past years there has been a fight over the building of an AVANGRID power line bringing hydroelectric energy from Quebec to the New England area. The project is estimated to cost $1B, and last week was hit with a referendum that would kill the project if approved by Maine legislators. This project is […]