EarlyBird News

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 […]

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 […]

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 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 […]

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 […]

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 […]

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 […]

According to the Energy Information Administration (EIA), on Tuesday, March 29, three and a half weeks before Earth Day, wind energy in the Lower 48 states was the second-largest source of electric generation for the day. This marked the first time that wind surpassed both coal and nuclear. Wind-powered electricity has surpassed coal-fired electricity and […]

On Wednesday, March 9, ISO New England, the grid operator for all six New England states, announced the results of its forward capacity auction (FCA) for 2025-2026, which was held on February 7 of this year. Each year, ISO-NE runs the auction three years in advance to meet electricity demand in New England. According to […]

Russia has sent three large ships carrying liquified natural gas (LNG) to Kaliningrad, its port sandwiched between Poland and Lithuania on the Baltic coast. Experts say it is an attempt to keep access to gas supplies in case conflict stemming from Russia’s invasion of Ukraine cuts off gas pipeline flows. Russia’s invasion of Ukraine has […]