President Joe Biden Announces Initial Phase of Funding for Electric Vehicle Charger Programs Across 35 States

September 15, 2022

On Wednesday, September 14, 2022, Joe Biden announced the first wave of funding for EV charger programs across 35 states. Throughout Biden’s time in office, he has been an immense advocate for EV chargers. Biden and his administration have put together $135 billion dollars into the EV charger movement. These programs incentivize customers and manufacturers […]

Eversource MA Announced Large C&I Electricity Rates Top 40 cents/kWh in December

August 24, 2022

New rate filings by Eversource with the Massachusetts DPU for Large C&I customers are more than double for the same periods last year, following significant increases in the cost of natural gas in New England over the past 9 months. The announced rates are as follows: Large C&I in SEMA: Oct: $0.21053 Nov: $0.28610 Dec: […]

Demand for Electricity in the United States May Double in 20 Years

August 19, 2022

According to speakers at this week’s Energy Transition Leaders Summit in Aspen, Colorado, the consumption of electricity is likely to double in the coming years. Piper Sandler, the summit’s host, said that many leaders think the electricity consumption could double in 20 years and stagnate for another decade afterward. Sandler also noted that this meeting […]

Supreme Court Issues Ruling in West Virginia vs. EPA, Stripping the Ability of the EPA to Restrict The Pollution of Power Plants

June 30, 2022

Back in 2015, the Obama Administration created the Clean Power Plan (CPP), which had the support of Protect our Winters (POW). Under the guidance of the Environmental Protection Agency (EPA), the CPP required states to reduce the CO2 pollution from coal and transition into cleaner energy production in the U.S. When the Trump Administration took […]

With Freeport LNG delayed, Natural Gas Prices Have Dropped 12%

Natural gas prices are on the trajectory to drop down to their lowest price in twelve weeks. Prices currently are down 12% at 5.693/mmBtu. This is because of the explosion that happened at the Freeport LNG facility in Texas on June 8th. This explosion has hindered production ever since then, and many fear that this […]

National Grid Announces Industrial Basic Service Rates in Massachusetts for August, September, and October

June 22, 2022

On June Tuesday 21st, 2022, National Grid announced its new service rates for August, September, and October. These new rates, which are roughly double the current rate, are slotted in at 23 cents per kWh for August, 21 cents per kWh for September, and 20 cents per kWh for October.

Natural Gas Prices Continue to Plummet After Freeport Announces Delay in Operations

June 14, 2022

Natural gas prices have dropped 17% to $7.251/mmBtu after Freeport LNG announced that they will not be back to being fully operational until the end of 2022. Freeport LNG is the second-largest in the nation in exports of LNG. Freeport LNG made this announcement in an email following last week’s explosion and fire to their […]

Increase in U.S. LNG Exports to Europe Within First Four Months of 2022

June 7, 2022

Throughout the first four months of 2022, the United States has exported 74% of its liquefied natural gas supply to Europe. Last year, the annual average the U.S. exported to Europe was 34%. In 2020 and 2021, Asia has been the primary destination for LNG exported from the U.S. Since December 2021, Europe has been […]

Exacerbated Risk of Electricity Shortages in U.S.

May 9, 2022

The U.S. is currently undergoing a transition from traditional natural gas- and coal-fired power plants and aging nuclear power plants that are scheduled to retire in the near future to greener energy sources like solar and wind. While this transition aims to ameliorate the effects of climate change, traditional power plants are closing faster than […]

European Electricity Costs Continue to Surge

Power prices in Europe continued to surge last week as the Europe Union announced its sixth package of sanctions against Russia. German electricity futures, which are considered to be a benchmark for European electricity prices, increased to a year-high at the end of last week. German futures for 2023 rose 6.2% last week to €228.75 […]