EarlyBird News
Ontario Hits Back at U.S. Tariffs with 25% Electricity Surcharge on Three States
March 10, 2025Ontario has imposed a 25% surcharge on electricity exports to Minnesota, Michigan, and New York in response to President Donald Trump’s tariffs on Canadian goods. The new fee adds C$10 ($7) per megawatt-hour to power exports, potentially generating up to C$400,000 daily to support Ontario’s economy. New York sourced about 4.4% of its electricity from […]
Real time electricity prices double in New England
Experts anticipate that President Donald Trump’s recent tariffs on imports from Canada, China, and Mexico will lead to increased costs for New England residents, particularly affecting gasoline, food, and other essential items. Massachusetts Attorney General Maura Healey has warned that these tariffs could cause energy prices in the state to “skyrocket” if implemented as planned. […]
Massachusetts DPU Orders 5% Gas Bill Reduction to Ease Winter Costs
February 24, 2025The Massachusetts Department of Public Utilities (DPU) has ordered natural gas distribution companies to reduce residential and low-income customer bills by at least 5% for March and April 2025 due to high winter costs. These reductions must be proposed by February 24 and take effect March 1. The DPU did not specify whether cuts should […]
New England Relies on Oil and Coal as Cold Snap Drives Up Electricity Demand
During a cold snap in the week of January 19, 2025, New England experienced below-average temperatures, leading to increased electricity demand. On January 21 at 6:00 p.m. Eastern Time, ISO-New England (ISO-NE) reported a peak hourly demand of 19,600 megawatts (MW). To meet this demand, the region utilized oil and coal-fired power plants, which are […]
Proposed tariffs on imports from neighboring countries could increase electricity prices
February 4, 2025Proposed tariffs on Canadian and Mexican imports could lead to higher electricity prices in the U.S. A 25% tariff on Canadian electricity could add $290 million annually to New York’s energy costs and $100 million to Massachusetts. These increases may also raise prices for goods that rely on energy for production and transportation. Diversifying energy […]
Trump freezes funding for IRA
January 23, 2025On January 22, 2025, President Donald Trump signed an executive order pausing the disbursement of funds from the Inflation Reduction Act (IRA) and the Infrastructure Investment and Jobs Act, also known as the Bipartisan Infrastructure Law. This action is part of a broader initiative titled “Terminating the Green New Deal,” aiming to reassess and potentially […]
Edison international Shares Fall After L.A Fires Investigation
January 15, 2025Shares of Edison International dropped after an investigation raised concerns over whether equipment from Southern California Edison contributed to the Hurst and Eaton fires in Los Angeles. The company’s stock fell 14% to $55.66 Monday, marking its biggest drop since March 16, 2020. For the month, shares are down 31%. Last week, SoCal began shutting […]
2024 marked a new high for the solar grid’s contributions to New England
In 2024, solar energy significantly enhanced New England’s electricity grid, with solar power contributing to the region’s energy mix at unprecedented levels. This surge was particularly notable during peak demand periods, such as hot summer days, when solar generation effectively reduced the strain on the grid. The increase in solar capacity is largely attributed to […]
Biden bans offshore oil and gas drilling in most federal waters; Trump promises to undo ban when he takes office
In early January 2025, President Joe Biden issued a ban on new offshore oil and gas drilling across more than 625 million acres of U.S. federal waters. This action affects the East and West coasts, the eastern Gulf of Mexico, and parts of Alaska’s Northern Bering Sea. Biden utilized the Outer Continental Shelf Lands Act […]
Meta Joins The Nuclear-Powered Al Movement
December 3, 2024Facebook parent Meta is seeking developers that can bring nuclear reactors online starting in the early 2030s to support data centers and communities around them. Meta is joining Amazon, Google, and other tech giants in turning to nuclear generation to fuel energy-thirsty Al data centers with zero-carbon electrons. The company just announced a request for […]