EarlyBird News

Recentlty 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 […]

Tidal 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 […]

On July 14th 2020 the US Federal Appeals court decided to uphold Regulatory Commission Order 841 giving way for transmission grid operators to open their markets for participation of energy storage assets. Across deregulated regions in the U.S this means in a near future storage will be competing with other generation assets in the wholesale […]

Given California’s increase in frequency of wildfires the largest utility in the state, PG&E, has decided to cut power on days with exceptionally high winds to prevent power lines from starting fires. PG&E has admitted that Camp Fire from last November was began from a line that snapped during windy weather; Camp Fire did $16.5B […]

The new Vineyard Wind project seeks to help expand Massachusetts clean energy supply per the newest Renewable Portfolio Standard in producing a total of 800MW. Currently the three major utilities have sided with governor Baker’s administration on the initiative to surcharge customers for sourcing electricity from this project. On the other side of this is […]

It has been 22 years since 1997 when Massachusetts decided to break up power monopolies and separating generators, transmission owners, and distributors. The competitive market has done well for the New England region creating reductions in wholesale electricity prices and generating $16 in efficient investment. Recently, the markets’ structure has become more complicated given the […]

In January of 2018 Eversource won a Massachusetts state contract for the construction of the Northern Pass power line to work in conjunction with Hydro-Quebec to supply New England with a cleaner source of electricity, at a cost of $1.6 billion. For the project Eversource officials themselves helped draft bidding rules and select the winners, […]

H2@Scale is the Department of Energy’s newest initiative to incentivize and expand the exploration for hydrogen use for different applications. Among these are fuel cells for vehicles, metal refining, and natural gas production. the U.S. The funds will be destined to tackle the issues which make this process difficult like transport, generation, and storage methods. […]

On Tuesday, January 22, a bill was filed in Massachusetts to end competitive residential electric supply starting in 2020. Currently, residential (in addition to commercial and industrial) customers can get their electric supply competitively, from third-party competitive suppliers, rather than the utility. But bill HD 1204/SD 880, An Act Relative to Protecting Residential Electric Customers, […]

One person is dead and several others are injured after natural gas fires and explosions shook Lawrence and the surrounding area Thursday afternoon. A gas line pressure problem in the area has affected Lawrence, North Andover, and Andover. Firefighters and other emergency crews have responded to at least 70 addresses for fires, explosions, or the […]